Pastor Geneve: Reasons to Invest in Colored Diamonds
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Many investors choose to purchase colored diamonds, explains Pastor Geneve, as their rarity makes them quite valuable. However, several other reasons exist for investing in these gems. These are discussed here.
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Pastor Geneve: Reasons to Invest in Colored Diamonds A distinguished colored diamonds dealer based in Switzerland, Pastor Genève has operated since 1991. Many investors choose to purchase colored diamonds, explains Pastor Genève, as their rarity makes them quite valuable. However, several other reasons exist for investing in these gems. First, investors generally do not have to disclose possession of colored diamonds to government authorities and they can easily be transported. Investors can place a multi-million-dollar portfolio in a single envelope. In fact, investors can possess colored diamonds valued at $1 million in only a handful of stones, each less than a carat. Also, the value of colored diamonds does not decrease significantly, even in the most trying recession. In fact, sales prices have seen a consistent rise over the past few decades, depending on the color. (Some colors are rarer than others and thus have seen greater increases in value.) As supplies decline, demand will skyrocket, resulting in spiking values. Finally, colored diamonds make an excellent contribution to an estate since individuals can easily pass them on to future generations.
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