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Find Out Who’s Talking About “Best Place To Buy Diamonds In Nyc” And Why You Should Be Concerned

Before investing in a diamond, it’s essential to verify its GIA certification, guaranteeing that you’re making an informed decision based on accurate and trusted information

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Here’s what we’ll cover in this article:

Where to buy GIA certified diamonds
FAQs

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GIA Diamond Certification

The report also gives details on the diamond’s shape and style (round brilliant, for example), its proportions, and any inscriptions or noticeable inclusions.

Let’s say you’re looking at this 1.

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This 0.86 carat. However, you may see jewelers and people in the industry talking about “certified diamonds”, so know that this is what they mean.

GIA certified diamonds are a much safer purchase than diamonds graded by almost any other grading entity.

Some labs have a reputation for inconsistent grades, or for grading some aspects (like color or clarity) more generously. This can end up costing you a lot of money on your purchase – www.biloakdiamonds.com – , as the difference in price from one grade to another is often steep.

They have no financial stake in the diamonds that go through their lab, and steps are taken to ensure anonymity and complete objectivity with their reports. The process is designed to remove any risk of bias or inaccuracy, giving you confidence as a diamond buyer that you’re getting what you pay for.

These additional qualities are less important than grades like diamond cut, color and clarity, but can still have an impact on the beauty of the diamond.

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When you shop for a diamond, the vendor should provide information on which entity the diamond has been graded by.

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Where to Buy GIA Diamonds

James Allen

They offer a huge selection of loose diamonds, with the technology to allow you to inspect diamonds in detail online.

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Blue Nile

They offer just about any shape or style of diamond you’d likely be looking for, many of which have 360° viewing technology for easy inspection.

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FAQs About GIA Diamond Certification

GIA diamonds can seem more expensive when compared to diamonds graded by other labs. However, this is a small price to pay to ensure you’re buying a diamond with a fair and accurate certificate. You may be able to find diamonds with a similar grade (as per the certificate) at a cheaper price with other labs’ grading reports.

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Cut, for example, is graded on a scale of 0 to 10, along with descriptive wording. 0, or Ideal You would be best served sticking with either of these two certificates when shopping for a diamond.

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For example, if you’re spending over $10,000 on a beautiful, near-flawless diamond like this, you need to know the grades shown are accurate.

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Just one grade up or down in diamond clarity, color and cut can have a huge difference in the price. That’s why it’s vital that the grades you’re looking at have been given by a trustworthy and reputable grading lab, who are recognized in the industry for giving fair and accurate reports. If you have any questions, our team of experts will be happy to answer them and help you find a well cut and priced diamond.

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Unbiased opinions and advice. They even offer one on one service via email for advice and recommendation.

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Apr 1, 2023

Here are more specific certificate topics to browse:

What diamond certification is the best?

GIA?

GIA?

GIA?

GIA?

GIA?

Can you still buy Blood Diamonds?

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Do blood diamonds exist?

If the diamond comes from one of these areas, it may be a blood diamond. Takedown request | View complete answer on brilliance.com

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Are blood diamonds a real thing?

Takedown request | View complete answer on britannica.com

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Are there still blood diamonds today?

Takedown request | View complete answer on miadonna.com

Where are blood diamonds found?

The term is used to highlight the negative consequences of the diamond trade in certain areas, or to label an individual diamond as having come from such an area. Takedown request | View complete answer on en.wikipedia.org

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Are blood diamonds illegal?

Before purchasing a diamond, it’s imperative that you ensure it’s conflict-free. Diamonds that are not conflict-free are known as blood diamonds, which means they are illegally sold in order to finance devastating wars and terrorism. Takedown request | View complete answer on brilliance.com

Blood Diamonds and Religious War In The Central African Republic

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How much is the blood diamond worth?

Worth about 80,000$, a natural one would have been estimated at over $15m. Takedown request | View complete answer on reddiam.com

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Tiffany & Co. We have taken rigorous steps to assure that conflict diamonds do not enter our inventory. is committed to sourcing natural and precious materials in an ethical and sustainable manner. Takedown request | View complete answer on tiffany.com

What stopped blood diamonds?

Takedown request | View complete answer on globalwitness.org

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Can you still buy blood diamonds? Stricter regulation, as well as a renewed commitment from diamond manufacturers and retailers to work only with ethical suppliers, has transformed the global diamond industry for the better. Takedown request | View complete answer on gagediamonds.com

In the last decade, blood diamonds have been virtually eliminated from the global marketplace.

It is hard to imagine but some of the beautiful diamond jewellery pieces you see in jewellers may have funded a war, but that is the truth. Are used to finance conflict between opposing forces. Blood diamonds (or conflict diamonds) are diamonds that have been mined in war-zones. Takedown request | View complete answer on sacet.com

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How much money do blood diamonds make?

In total, the film has grossed $171,407,179 worldwide. Takedown request | View complete answer on en.wikipedia.org

What is the rarest diamond? Some of the most expensive in the world.

Red diamonds are the rarest. Takedown request | View complete answer on 64facets.com

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The film portrays many of the atrocities of that war, including the rebels’ amputation of people’s hands to stop them from voting in – she said – upcoming elections. Takedown request | View complete answer on imdb.com

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“Our call is for repatriations for all colonial theft, which the theft of the Great Star of Africa is a part of,” she said. “We don’t call for its return, as this implies that there was a valid agreement in terms of which the British royal family was borrowed the diamond. Takedown request | View complete answer on cnn.com

Who profits from blood diamonds? Takedown request | View complete answer on foxnews.com A. Rebel movements and corrupt governments trade the diamonds, and use the profits to support their causes.

Q. Who profits from blood diamonds?

Who suffers from blood diamonds?

In just the past two decades, seven African countries have endured brutal civil conflicts fueled by diamonds: Sierra Leone, Liberia, Angola, the Republic of Congo, Côte d’Ivoire, the Central African Republic, and the Democratic Republic of Congo. Takedown request | View complete answer on brilliantearth.com Diamonds intensify civil wars by financing militaries and rebel militias.

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Are Black Diamonds?

Black diamonds are real diamonds. Natural diamonds, Carbonados, and treated black diamonds are all found in nature. Unlike natural diamonds and Carbonados, treated black diamonds aren’t naturally black, they’re treated with heat to get their color. Takedown request | View complete answer on abbysparks.com

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Why are blood diamonds a problem?

These diamonds are mined by men, women, and children, and were historically used to fund war-stricken areas, particularly in western and central Africa. These days, blood diamonds are causing bloodshed by inciting wars for their diamond-rich territories. Takedown request | View complete answer on yadavjewelry.com

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Why are blood diamonds so valuable?

Blood Diamonds, also known as “Conflict Diamonds,” are stones that are produced in areas controlled by rebel forces that are opposed to internationally recognized governments. The rebels sell these diamonds, and the money is used to purchase arms or to fund their military actions. Takedown request | View complete answer on geology.com

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How much is Tiffany’s blood diamond worth? Its estimated worth today is $30 million.

Found in the Kimberley diamond mines in South Africa (under British rule) in 1877 as a 287.42 carat rough stone, it was later purchased by Charles Lewis Tiffany in 1878 for $18,000. Takedown request | View complete answer on nbcnews.com

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How much is Beyonce blood diamond?

Beyonce is facing backlash from fans after she wore a $43.3 million “blood diamond” as the face of a new Tiffany & Co. campaign. The singer is reportedly “disappointed and angry” she wasn’t made aware of the 128 carat diamond’s dark history and her mum, Tina Knowles-Lawson, is out for blood. Takedown request | View complete answer on perthnow.com.au

What is the costliest diamond?

Earlier this year, the De Beers Blue was auctioned at Sotheby’s Hong Kong. Fetching a price of more than USD 57.4 million, it is one of the most expensive diamonds in the world ever sold at an auction. The De Beers Blue was discovered as a rough stone in South Africa’s historic Cullinan mine in April 2021. Takedown request | View complete answer on lifestyleasia.com

How rare is a diamond vein?

Diamond ore veins can generate at most 10 diamond ores adjacent to each other. Takedown request | View complete answer on minecraft-archive.fandom.com However, due to the ability of ore veins colliding with each other, players will have an extremely rare chance of mining a diamond vein up to 12 diamonds.

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What is the most cursed diamond? Discovered in India in 1673, it was originally a 115-carat blue diamond. After being stolen and recut, it is said to have contributed to the downfall and death of its owners.

Over its 350-year history, the Hope Diamond has become one of the most famous cursed diamonds.

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There are a number of men who want to make their women feel special on the special day like engagement, wedding, birthday or anniversary. You can give her a diamond ring or pear shaped loose diamonds on the special occasion. There are a number of things which you can give to your beloved but on the special day like your wedding or engagement she deserves something better. When you give this ring to your partner on the special occasion then you make her feel how much she is special for you. When the women wear the ring containing pear shaped diamond then it makes their finger slim and pear shape diamond also show their standard. A diamond ring is the better option. The other best option for you is round brilliant cut diamond engagement ring. Women love pear shaped diamonds, they reflect a lot of shine and beauty.

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Choose the best one

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There are a number of online jewelry shops, from where you can buy the best diamond for your beloved. This is better for you to buy online in order to get a discount. These shops provide your quality guarantee so without any worry you can buy the loose diamond as well as ring from the shop. You can also compare between the two online jewelry shops in terms of quality, price and designs. On these shops you get the opportunity to access a number of the rings and loose diamonds.

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Lifetime trade in option

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"Best Place To Buy Diamonds In The World"When you buy diamonds then you get the lifetime trade in option. Many online jewelry shops give exchange options through which you can get a new diamond by exchanging it with old one. Whenever you sell loose diamonds or diamond rings then you get the same amount so there is nothing to lose.

GIA certified It is important to ask for certificate while buying loose diamonds.

Color choice

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There are different types of designs as well as color choices from which you can choose the best one for your partner.

Round brilliant cut diamond engagement ring is also available in different designs and colors. Through this ring you profess her that her future will always shine with you like this diamond. These rings are available at best prices so there is no need to worry about the price. Round brilliant cut diamond is very shinning and also radiant. When your partner wears this ring in front of guest she will feel very special. Round brilliant cut is a very brilliant diamond and also very radiant. It is best and surprising gift for your partner on the special day. It is a golden opportunity for you to make the best memories of your life by gifting a beautiful ring to your partner.

Best Places to buy Diamonds – our Top 6 Vendors for 2024

"Buy Coloured Diamonds"From a consumer’s perspective, let me tell you that the majority of jewelry stores fall short on delivering high quality diamonds at fair prices and/or provide a great overall shopping experience. Doing so would greatly save you time. I’ve summarized the various options below. Enable you to make educated purchase decisions.

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Where to Shop is Dependent on Your Needs

In my opinion, there isn’t a single best place to buy diamonds and the ideal vendor is dependent on what you are looking for. Read our summary on the corresponding company. Feel free to click on the links above.

Well, you shouldn’t be. Here’s why…

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Going online beats buying in a physical store in every aspect of the shopping process.

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From having a more transparent shopping experience to gaining access to wider diamond selections, you also get to see and compare diamonds down to the smallest details and away from a pressurized selling environment. Not only do you need to use a loupe correctly and deal with excessively bright lights, you also have someone breathing down your neck and eyeballing your every action.

Going online means there is no pressure to buy, no pushy salespeople to deal with and you get to buy a higher quality piece of jewelry at a fraction of retail prices because of lesser overheads. Get this, the larger selection of diamonds online enables you to cherry pick diamonds according to what you want without the need to compromise on your budget or specifications.

In terms of sales policies, physical stores will come nowhere near to what online retailers offer in terms of money-back guarantee and risk free purchases. At the end of the day, finding a high quality diamond is way easier online compared to banging your head against the wall at a physical retailer.

If you ever need any help in choosing the right diamond, feel free to drop me an email letting me know what you are looking for. Also, if you require a second opinion on a diamond, you can drop me a note too.

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James Allen – Best Place to Buy Fancy Shape Diamonds

Combined with a fuss-free and superb user interface, they deliver an impeccable shopping experience for every customer.

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Why JamesAllen.com is the Best Place to Buy Fancy Shape Diamonds

– 150,000+ certified conflict-free diamonds in 360° HD videos.
– Superb user-friendly interface and intuitive browsing. – Exclusive CanadaMark online retailer. – Lifetime warranty of all jewelry products sold. – Hassle free returns with 30 day money back guarantee. – Free shipping worldwide.
– 24/7 customer service (available via live chat, phone & email)
– Lifetime upgradecom.

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Here’s a sample listing from JamesAllen.com/wp-content/uploads/2018/01/oval-shape-diamond-for-sale.jpg” style=”max-width: 450px;”>

The ability to interact with the diamond at different magnifications enables you to make educated decisions.

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Try it out for yourself and you will see why it’s so easy to fall in love with the website.

James Allen is absolutely the best vendor when it comes to buying fancy shape diamonds like ovals, pears, hearts, cushions and Asschers. This is because a fancy shape diamond’s cut quality and performance can be deciphered via videos and ASET images (James Allen provides this on request).

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On top of that, James Allen has a broad inventory with good selections of fancy shapes across different sizes, specifications and caters to people with different budgets.

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In sharp contrast to what you will see in physical stores or other online retailers, you get total transparency in every step of the shopping process – from loose diamond selection all the way to designing your own jewelry.

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Head to JamesAllen.com to experience the Diamond Revolution. You get to spin actual diamonds in 360° HD and zoom in up to 40x to scrutinize them at the convenience of your home!

White Flash – Best Place For Ideal Diamonds & Designer Rings

White Flash is an online jeweler founded in 2000 and they are based in Houston, Texas. Their signature “A CUT ABOVE®” super ideal round and princess diamonds are internationally recognized as some of the most well cut diamonds in the world.

Not only do they have a modern manufacturing facility and the capability to create fine jewelry with different levels of complexity, they are also an authorized retailer of some of the most well known designer brands in the industry like Tacori, Verragio, Ritani and many others.

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Why WhiteFlash.com is Great for Ideal Diamonds & Designer Brands

– Deep inventory of certified AGS/GIA ideal cut diamonds. – Free Fedex delivery that is fully insured. – Only retailer jeweler awarded with ISO 9000 – Quality Management. – Authorized retailer of well known designer ring brands. – Beautiful settings that are made with great craftsmanship. – Diamonds cut for superlative light performance and precision. – Consistent winners of prestigious BBB Winner of Distinction awards. – 30 day returns and 1 year buyback guarantee. – Lifetime 100% trade up benefit for signature diamonds.

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White Flash specializes in super ideal cut diamonds that are crafted for light performance and sparkle. What makes them stand out is their deep inventory of in-house diamonds and their stringent standards of curating the best cut diamonds.

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For my details, you can read my detailed review of White Flash and also view a box opening of an A Cut Above diamond I bought here.

Owning the diamonds instead of utilizing a virtual inventory (most online vendors list diamonds they don’t own) also enables them to capture analytical data on their diamonds (e.g. ASET, Idealscope, videos) and provide a higher level of service to their clients (e.g. provide comparison videos).

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"Buy Natural Diamonds"Sample listing of in-house loose diamond (A Cut Above)

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Analytical data for light performance and cut optics are readily available for all their in-house listings.

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For a huge selection of GIA & AGS graded diamonds that are fully vetted and ready to ship today, click here to visit White Flash and browse for your perfect diamond today!

Brian Gavin – Best Place For Super Ideal Cut Diamonds

Brian Gavin is a 5th generation diamond cutter with South African roots and well-known in the industry as a pioneer pushing the boundary of diamond cut quality. In 2009, he launched his company “Brian Gavin Diamonds” and started the production of a series of hearts and arrows ideal cut diamonds.

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Why BrianGavinDiamonds.com is Good for Super Ideal Diamonds

– Every signature diamond is owned in-house and individually curated. – Financing options available via Affirm. – 1 year buyback policy. – Fluorescent diamonds with ideal cut quality and lower prices. – Exclusive AGS000 ideal cut emerald diamonds. – Availability of warm-colored super ideal cut diamonds (M-Z color). – Availability of super ideal cut fancy shape diamonds like the cushion & princess. – 15 day inspection period & return. – Free international shipping with full insurance. – Lifetime upgrade benefit for signature diamonds. – Superb bench workmanship quality and custom designs.

If you are in the market for a round, princess, cushion or emerald cut diamond and you are looking for the best of the best in terms of cut quality, look no further. Brian Gavin’s diamonds are consistently top notch and have the best possible sparkle.

For an indepth review of their different signature lines of diamonds, click here to read the comprehensive analysis I performed on their diamonds.

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What I love about their listing pages is that they provide various views of the diamonds under different lighting conditions. This allows you to see how the diamond actually interacts with light!

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Brian Gavin is a market leader and constantly innovating to create new product lines. In late 2017, he launched a newly minted signature line of AGS000 emerald cut diamonds that exhibited superb optics and contrast patterning.

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This groundbreaking launch revealed the first ever emerald cut diamonds which were consistently brighter than other emerald cut diamonds and were backed up with scientific evaluation of light performance by AGS.

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If you are someone looking for the best of the best, look no further. Click here to visit BrianGavinDiamonds.com to browse for super ideal cut loose diamonds certified by AGS and GIA.

Leibish – Best Place to Buy Natural Fancy Color Diamonds

Leibish & Co. is the most recognized name in the industry when it comes to natural fancy color diamonds. Since the company was founded in 1979, they have built up a fantastic reputation and specialization in color diamonds of various hues, clarities, rarity and sizes.

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Why Leibish.com is the Best Place to Buy Fancy Color Diamonds

– World renowned fancy color diamond specialist. – Exclusive Argyle diamonds acquired directly from tender. – Reputable and reliable GIA certification reports for color diamonds. – 2 year jewelry and service warranty. – 30 day money back guarantee. – Beautiful settings that are made with great craftsmanship. – Free insured international shipping. – Professional appraisal report for purchased jewelry. – Fancy color diamonds of every color and hue imaginable.

Most notably, Leibish has access to one of the most exquisite collection of Argyle diamonds which are highly sought after by collectors and investors alike. On top of that, Leibish and Co. also takes great pride in their excellent workmanship of their settings.

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Check out the following video of a fancy intense yellow diamond ring I purchased from Leibish for my wife’s wedding anniversary. It’s absolutely stunning and very well made.

Follow this link to read the entire review and view detailed photographs of my purchase…

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Leibish is the world’s premier specialist of colored diamonds that are 100% natural and untreated. Click here to browse through their handpicked selections of the finest colored diamonds!

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Brilliant Earth – Best Place to Buy Lab Grown Diamonds

Brilliant Earth is a leading company for ethically sourced and eco-friendly jewelry in the industry. From carefully curated suppliers to the use of recycled gold and platinum, they aim to develop a more ethical and sustainable jewelry industry through their business practices.

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Why BrilliantEarth.com is the Best Place to Buy Lab Created Diamonds

– Largest retailer of lab created diamonds in the world. – Exquisite settings that are crafted with great craftsmanship
– Financing and layaway options available. – Massive inventory of diamonds for selection. – Lifetime manufacturing warranty. – Free insured international shipping both ways. – Generous 30 day returns. – Affordable lab grown fancy color diamonds. – Stunning wooden jewelry box made in New Zealand.

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Just to be clear, Brilliant Earth offers both natural diamonds and lab created diamonds for sale on their website. I have personally bought and reviewed both types of diamond jewelry in person. You can follow these links (Brilliant Earth engagement ring review / lab grown diamond review) – to read our indepth reviews on both types of products.

The competitive edge Brilliant Earth has over other vendors is their huge inventory of graded lab diamonds (both white and fancy colored options). At the time of writing, BrilliantEarth.com lists more than 6,000 loose lab created diamonds in their inventory and I can tell you that no other vendor in the world comes close to the depth of selection they offer.

Example of a loose diamond listing on BrilliantEarth.com…

Did you know that an equivalent natural fancy vivid pink diamond like this would cost at least 30-40 times more?

The point I want to make here is; a broader inventory provides you with more options and enables you to cherry pick the best diamond possible for any given budget/specifications.

Whether you are looking for ethical lab created diamonds or beautiful nature inspired ring designs, Brilliant Earth is a vendor that offers all of these and more! Click here to visit them today!

Blue Nile – Best Place to Buy Big Size Diamonds

Founded in 1995, Blue Nile is a one-stop solution for high quality diamond jewelry and is headquartered in Seattle. Over the years, they have grown from a small scale operation into the biggest online retailer of diamonds.

Mind you, this is no mean feat and the relationships they have established with some of the biggest manufacturers in the world has enabled them to offer a depth of inventory no one else can match.

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– Great selections of large size diamonds that are certified by GIA. – 24/7 expert service (available via live chat, phone & email)
– 30-day returns for risk-free shopping and 100% satisfaction. – Superb setting craftsmanship from at affordable prices. – Free overnight shipping service and returns. – Full lifetime warranty (complimentary repair, cleaning, and resizing). – Offers the most competitive prices to get the best value for money. – Financing options available via Blue Nile credit card. – 100% trade in policy for all GIA/AGS certified diamonds.

Example listings of large size diamond with superb light return at Blue Nile.

Quality control is something that Blue Nile take seriously and they stand behind every item they create. From initial design to the final workmanship, there are multiple quality checks at each stage of the manufacturing to ensure you get a ring that exceeds your expectations.

Having a lean business setup, they are able to drive down overheads and this results in cost savings that are passed onto customers. Their relationship with gem polishers also enables them to attain a good inventory of large size diamonds with high standards of cut quality.

BlueNile.com offers a great selection of brilliantly-cut diamonds and high quality settings that will last for generations to come. Click here to visit them and start browsing today!

Conclusion – Where’s the Best Place to Buy a Diamond?

So there you have it, these are the best places to buy diamonds and I personally vouch for them based on my own shopping experience with them. Not only do they offer customer orientated policies, the entire shopping process is hassle-free and fully transparent.

At the end of the day, the best place to buy your diamond is dependent on what you are looking for and the purpose behind your purchase. While the retailers here may have overlapping services with each other, they each have their own area of specialties which is among the best in the entire jewelry industry.

Now, I’d like to hear what you have to say.

What constitutes the ideal place for you to buy a diamond? Let me know by leaving a comment below. What kind of diamond are you looking for?

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Seven Horrible Mistakes To Keep away from Whenever you (Do) “Buy Diamonds Jewellery Online”

"Buy Man Made Diamonds"As the world’s currencies fluctuate widely and the global economic crisis is yet to see the end, wealthy investors have increasingly focused on hard assets protecting their assets.

Recently, with precious metals like gold and silver having taken their head at the table of investing,
their is a radical departure in play.

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In fact, a new generation of hedge funds are aiming to take precious metals as the new hot investment as they show (visit this site https://forum.imperialhero.org/int/index.php?action=profile;area=showposts;u=8040) all the signs of speculation. The largest publicly traded diamond company, is also collaborating with a Swiss asset manager
on a $250m fund to buy diamonds wholesale to store in a vault, using money from hedge fund investments. Peter Laib, chairman of Diamond Asset Advisors, the Swiss group collaborating with the company, says “After the sub-prime disaster and the economic uncertainty, investors are looking for low-volatility investments. Diamonds are less volatile, as they are resistant to speculation by the financial community and therefore, there are no derivatives or tradable products and non short selling possible.

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He says the fund could offer annual returns of as much as 12 per cent.

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“Diamonds have shown consistent growth over the years, polished diamond prices have grown 100 per cent since 2004, and this only looks set to continue at an accelerated rate.”

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Diamond prices are certaintly on a trajectory. Meanwhile 3-carat diamonds have gone up a staggering 238 per cent over the same timeline. Prices of 1/2-carat diamonds have risen a remarkable 49 per cent since 2001. One-carat diamonds have risen by 88.9% per cent in the same period.

Pressure on supply is one factor driving prices, says Mr. Laib. “Supply constraints are a big factor, with few or no mines expected to emerge over the next decade. Existing mines are for the better part
past their peak, meaning supply will decline.’ He noted that supply demand gap could add as much as a 3 to 4 per cent premium to diamonds over the next few years. But a turning point in 2001, when the company went private. It had previously held stockpiles of diamonds, but when it went private and took on debt, it was forced to sell these, keeping prices flat.

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Mr. Laib, also stated, “Once that stockpile was depleted, prices started to rise again, as the market forces took control. De Beers now controls approximately 40% of the market. Things made a major
fundamental change. The market is now liquid and tranparent. ‘

"Buy Loose Diamonds Online Gia"Will diamond investments succeed in taking over from gold? One director of a prominent independent financial advsior has expressed concern over being apply fixed values to diamonds in index form, as with gold. “Diamonds are different. They should almost be appraised as works of art. It’s not like gold, where there’s weight, Buy Lab Created Diamonds (diamonds.backtoglamour.com) and that’s it”
he comments “there is such a variety of factors with stones. Gold is gold is gold. Diamonds are higher risk because the pricing is opaque.

There is no doubt that wealthy investors are becoming more open-mined about the types of commodities they invest in. The sheer anxiety about international currencies has seen interest in collectables as luxury goods grow.6 per cent of their fortunes to non-financial assets such as collectables.

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Rare sports cars and art works are achieving record sales figures. Art, too, has become a major focus. ‘People are seeking to diversify their portfolios,” says an advisor.

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High profile estate jewellery are also in high demand. In December 2011, Elizabeth Taylor’s jewellery collection broke all records at $157m.

“Diamond prices were up before these hedge funds. People are seriously seeking concrete investments that are also portable. “in 1996, Chrisite’s sold $273m worth of jewels globally. In 2011, that reached $605M. In the first half of 2012 we’ve sold #304m.

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Will diamond commodity trading have an impact on fine jewellery retail sales?

“It will mean that buyers are more interested in large flawless stones. They will also want the best and the majority of the value to come from the stone,” says Mr. Laib. “If you have an exquisite crafted piece but with smaller stones, you are losing alot of the value in the labour.”

He cotinues by saying, that the funds could further fuel retail sales of fine jewellery. He say, ‘It gives a feel good feeling about buying pieces. You lose a large piece of value by buying at retail, of course (as opposed to investing in diamonds as a commodity at wholesale prices), but the fact that diamonds are seen as assets will make them more attractive.