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The 2.01 carat Oval shape Diamond of SI1 clarity.
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The popularity and price of fancy colored diamonds have been on the rise globally, driven by Asian investors. From 2006 to 2014, fancy colored diamonds (pink, yellow, and blue diamonds) experienced an average total appreciation of 154.7%, according to the Fancy Color Research Foundation (FCRF), a non-profit colored diamond index that was established last year.
The numbers are so high that they almost sound unreal. “The Pink Star,” a 59.60-carat oval cut fancy vivid pink diamond, sold on Nov. 13 for $83.2 million at a Sotheby’s auction in Geneva. Described as the largest internally flawless diamond ever graded by the Gemological Institute of America, the stone was promptly renamed “The
High net worth individuals across the globe are ploughing their millions into rare coloured diamonds as a stable, “safe haven” asset class. “People are loving them as an alternative investment,” said Neil Duttson, founder of Duttson Rocks, a high end diamond dealer that supplies stones to celebrities, Premiership footballers and investment bankers. “It’s a
2.01 ct Fancy Yellow Color SI1 Clarity Oval Diamond