Following the death of Queen Elizabeth II, the world-famous Kohinoor diamondhas once again become a topic of discussion at both traditional dinner parties and on social media platforms such as Twitter.
This rough diamond, which weighs a total of 105.6 carats, was recently placed on King Charles III's crown.
One can only wonder what the future would hold for the value of that diamond, which is currently estimated to be worth $400 million (or approximately 3,184 crore Indian Rupees) if one had invested in it under different circumstances.
If the diamond piece were available for investment to the general public, do you think it would be a wise decision to put moneyinto it?
When we look back at the history of investments, we see that people used to put their money into gold, stocks, bonds, real estate, and mutual funds. If the thought of modern-day NFTs or bitcoins update brings one's interest, they might even give them some consideration.
However, if you are trying to expand your portfolio with an asset that will benefit you in the long run, then you should think about gemstonesas a future investment choice. Investing in gemstones? How to make the best decision?
Before getting started, here are a few things you should think about.
However, when it comes to making an investment, a gem that is low to medium in size typically sells for a lower price and has a greater potential for growth. Additionally, the process of liquidation will be simplified.
It is extremely important to keep up with the latest trends in jewelry and select the most appropriate kind of gem for your financial investment.
Picking rare vintagepieces is always a safe bet, but if you get your hands on Burmese rubies, Kashmiri sapphires, Columbian emeralds, or any colored diamonds, you should invest without even pausing to think twice about it.
Gem cutters try to make gems that are a good mix of color, weight, and a safe shape for mounting that are also affordable. Nature limits the size of a gemstone when it is being made. For example, big and beautiful amethysts are easy to find, but a big alexandrite is very hard to find.
A well-cut colored gemstone looks even more beautiful when it sparkles. The cut of a colored gemstone tells you how it is shaped and made. Some gemstones, like opal, look best when their surface is smooth and round.
Other, like sapphire, are usually cut with a precise set of flat, symmetrical planes called "facets" that let the color of the gem shine through in the best way. Some cutters today may also have convex or concave facets to shape colored gemstones like small sculptures.
When considering investing in gemstones, always check the quality of the gemstone, especially its durability, which is the most important factor to consider.
Take a look at how easily a gemstone can be cut, attached, and worn depending on how long it lasts, which is a matter of both how hard it is and how tough it is.
Some gemstones, like sapphire, ruby, and garnet, are good for people who live active lives and look good in rings, bracelets, or cufflinks. Others, like emeralds, pearls, and opals, need to be set in earringsor necklacesso they can be shown off and kept safe.
According to Forbes, when the economy is unsure, there has been a lot of focus on investing in markets with high volatility, like cryptocurrency. At the same time, there has been a boom in natural gemstones that have not been treated.
As an example, this can be seen in how the price of high-quality, untreated Burmese rubies has gone up by a huge amount.
You have to find a way to protect the investment you made in stones. Rather than trying to remember where you put them at home, make sure you put them somewhere secure, like a bank or a locker, where the likelihood of damage is low.
Keep in mind that your jewelry is vulnerable to harm from both water and excessive exposure to air and humidity.
When it comes to investing, finding and purchasing from a reliable source is the single most important consideration. There are a lot of jewelers out there who would like to sell lesser stones in the form of something else.
Always demand to see the certificates and thoroughly examine them. Authenticated certificates from either the GIA or the IGI are considered to be the best in the industry.
Before you put your money into an investment, it is important to do your research. Check to see if the item has the possibility to increase in value, determine whether or not it is a cut stone, and estimate how much of a markup you could expect to receive on your investment.
When making an investment in gems, it is always beneficial to ask another certified gemologist for their opinion. This is similar to consulting a different physician for a second opinion on a medical condition.
They will help you figure out the possible advantages and disadvantages of the gemstone that you are interested in purchasing.
Even though gemstones have the same cut, clarity, color, and cut qualities as diamonds, they are worth different amounts. For example, for colored gemstones, color is by far the most important C, while the cut is usually thought to be the most important C for diamonds.
There are many different ways in which you can increase the value of your investment. Changing a low-value investment into a high-value one can be accomplished in a straightforward manner by making an investment in gemstones.
This can be accomplished by, for example, selling your gemstones as a collective piece by asking a jeweler to use the gemstones to make a beautiful jeweled accessory that can be sold. Another way to accomplish this is to sell your gemstones individually.
It is reasonable to assert that the market for jewelry will not suffer during a period of economic downturn, even if the stock market is in disarray and the currency is losing value.
It is possible that there will be a decline in the number of customers interested in purchasing the gems. The value of the gem, on the other hand, remains stable over time, making it immune to shifts in economic conditions.
Investing in gemstones is not good for everyone. Rare gems, on the other hand, have a strong track record of increasing in value over time, which is good newsfor people who adore fine jewelry and stunning jewels.
Gemstones are typically a reliable store of value that is also compact, portable, and personal. This is especially true during times when the stock market is falling and cash is losing value.
The greatest possible grade is a AAA, while the lowest possible grade is a D. Beads crafted from gemstones rated AA to AAA are typically more expensive because of their higher quality and near-perfect condition. Most of these gemstone beads have a faceted cut, and their natural colors have not been changed in any way.
How To Identify Valuable Gemstones by Dr. Lori
If you are thinking about making an investment in gemstones, the first thing that comes to mind is probably the diamond because it is one of the most expensive gemstones.
But, the red diamond comes in at number one with a price tag of over one million dollars per carat, making it the most expensive gemstone in the world. There are less than thirty red diamonds known to exist in the world, and the great majority of them are smaller than half a carat in weight.
Precious gemstones are a great way to invest if you are a collector or have a taste for the finer things in life. It seems like the best choice, especially if you get nervous about the changing value of the dollar or any of your business.