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The Handbook of Personal Wealth Management, 8th Edition by Jonathan Reuvid

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3.1

Investing in coloured diamonds

STEPHEN HERSHOFF, PASTOR-GENÈVE

Introduction

Diamonds have long been considered the ultimate form of wealth – a private and easily transportable international currency. The coloured diamond market in particular can be traced back centuries to royalty and the merchant classes. These rare items have always adorned royalty and the wealthy classes as symbols of power and prestige. Elizabeth Taylor and the Sultan of Brunei can be counted amongst those who developed a passion for rare coloured diamonds.

Natural coloured diamonds represent one of the most concentrated forms of wealth in the world. After all, you can transport diamonds in your pocket. They are extremely rare, with only 0.001 per cent of diamonds mined ...

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