The market is not doing great, what’s the deal with colored diamonds? Should I invest in fancy colored diamonds?

fancy-color-diamondsI’ve spoken about this before but I thought it was worth a revisit especially since the stock market hasn’t been the best. Fancy colored diamonds is how we refer to the different natural color hues of diamonds. You can have yellow diamonds, pink, blue, orange, green and the most rare are red diamonds these come in various diamond cuts. These colored diamonds are a beautiful alternative to the white diamond although they do cost a bit more. As colored diamonds are very rare and the more rare a diamond is the higher the cost.
What makes a colored diamond so valuable?
The white diamonds are much more bountiful the colored diamond is about 1 in 10,000 of all the diamonds in the world. The production of colored diamonds has declined which makes it as mentioned earlier even more rare.
Where do Fancy colored diamonds come from?
Natural fancy color diamonds are completely created from nature and thus their worth stems from the fact that they are each a gift of the earth, each unique, each one of a kind. For the last 2.5 decades, the value of natural fancy color diamonds has only gone up. These prices are projected to continue to escalate.
The environmental conditions for a natural fancy color diamond have to be just perfect in order for nature to succeed in creating a stone full of such gorgeous color. While some investors may seek out certain colors to add to their portfolios there’s no doubt about it –prices for ALL colors of natural fancy diamonds are steadily rising. There are simply not enough colored diamonds to go around.
Recently, investors in commodities such as gold, silver oil and real estate have incurred incredible losses as the market has made a sharp economic downturn. Investors are looking for a better safeguard for their money. Fancy color diamonds are proving to be that safer solution.
Risk and Reward
Prices for natural color diamonds have only been increasing for the last 4 decades. Much has been written and predicted by financial analysts, industry experts and economic forecasters across the board regarding color diamonds and their future investment success. That in of itself speaks volumes about the small risk factors involved in investing in natural colored stones as long as investors purchase wisely and for the medium and long term.
High Reward
The rewards for investing in natural color diamonds are quite high. Industry experts agree these are safe and secure assets for an investor’s portfolio. Their extreme scarcity, distinctive beauty and great desirability only aid in making them wonderful investment opportunities. Not market shifts, nor interest rates, nor political upheaval can affect their value. Simply put, supply and demand are the main factors affecting the future values of natural colored stones, and these factors are only in the investor’s favor since low supply and high demand can only assist in producing profitable outcome.
If you are looking for a sound investment give Diamonds by Eyal in Boca Raton a call to discuss this investment further.

Platinum! For Better Or Worse?

Platinum wedding rings are purchased by brides and by grooms. This beautiful, tactile precious metal can be fashioned into almost every wedding band design imaginable. Platinum can be engraved, machined, set with diamonds, matte finished or polished.
Most brides are influenced by the metal of their engagement ring. Jewelers advocate keeping to the same metal choice to ensure consistency with both wear and color between both rings.
Buyers of Platinum wedding rings often base their choice on learning the following benefits of Platinum.

Platinum is NATURALLY WHITE
A key benefit of Platinum is the natural whiteness. By comparison, white gold is ever so slightly tinted – finished with a white Rhodium plating which can wear over time. Platinum requires no plating. You see the bare metal typically polished with a mirror surface.
Platinum can be refurbished.  Some metals don’t take kindly to being worked, repaired and re-finished. Owing to the natural density of Platinum, it can be re-furbished – returned to it’s as-new appearance, mirror polished and gleaming. Many antique pieces of Platinum jewelry remain in circulation – testament to the durability of Platinum. Less metal is lost during re-polishing. As a result Platinum wedding rings wear very well over many years. The natural patina that builds on the surface – accumulated scratches and wear are seen as a desirable characteristic of antique jewelry so buyers should never feel concerned when scratches first appear. They can be removed by simply re-polishing the ring, or by using non-abrasive Platinum cloths.

Platinum feels LUXURIOUS

Jewelry is not just about appearance. As you drop a Platinum wedding ring into the palm of your hand, it is the feel of luxury which is most striking. The first thing you will notice is the weight. Platinum has a weighty, substantial feel to it – weighing approximately a third heavier than 18ct white gold. It is around twice as heavy as Palladium.

Platinum is STRONG
Platinum is strong, making it a perfect metal for setting diamonds. The surface of Platinum is not extremely hard and it will scratch, but malleability is different. The fact that Platinum is less easily bent – less malleable makes it a great choice for holding diamonds with greater strength than many other metal choices.

Platinum is RARE
If you placed all of the World’s mined Platinum in an Olympic sized swimming pool, it would barely cover the depth of your ankles. Platinum is a rare metal – the cost of extraction and the amount of Platinum available, make this metal rare and therefore more expensive with a much higher intrinsic value than other precious metals. There is a significant for demand for Platinum, and the use actually stretches much further than most people know. Most of us carry some Platinum in our pockets – small quantities are found in the circuitry of our mobile phones.

Platinum is NATURALLY HYPO-ALLERGENIC
Platinum wedding rings are perfect for allergy sufferers or for people with sensitive skin. Provided rings are kept clean, Platinum remains a perfect choice for wedding rings worn every day.
If you want to find Platinum wedding rings, in a variety of designs, call us today to set an appointment with Eyal the Diamond expert (561) 999-8878 and visit us online at www.diamondsbyeyal.com

The Brilliance Of Diamonds Is All In Their Color!

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Tis’ the season for DIAMONDS! If there is a holiday gift almost guaranteed to make a recipient swoon with joy, it is a diamond. But while such stones remain appealing as jewelry, the value of certain colored diamonds has increased while traditional white diamonds have unfortunately fallen.

Diamond dealers these days are talking about pink, blue and red diamonds as investments, citing a recent track record of double-digit returns. This new interest in such rare gemstones can make a holiday gift 10 to 20 times more expensive than a similar, high-quality white diamond. However, there are others in the trade who question whether these stones will pay the dividends people imagine in the Christmases to come.

Pink Diamond

“Fancy colored diamonds are the flavor of the year – they’re hot, they’re sexy, they’re great,” said Martin Rapaport, chairman of the Rapaport Group, which is considered to be a primary source of diamond pricing information.

“If someone said, ‘I want to buy something great for my wife,’ I’d say, great, buy fancy colored diamonds; you’re a billionaire,” he added. “But anyone who wants to invest in the flavor of the month shouldn’t do it.”

Understanding the lust for colored diamonds begins with understanding the broader forces pushing and pulling diamond prices.  The white diamonds that adorn engagement rings and will dangle from ears and wrap around bracelets this holiday season have fallen in value over the last year. Prices for one-carat diamonds have dropped 7.15 percent as of Dec. 1, according to an index Mr. Rapaport developed.

Mr. Rapaport said demand for white diamonds has dropped globally because of a slowing Chinese economy, currency devaluation in Russia and low oil prices in the Middle East. Yet on the supply side, the cost of rough, white diamonds has stayed high, which has hurt the rest of the diamond trade’s ability to make a profit.

During the same time, colored diamonds have surged in value. Buyers have sought them out for their beauty, extreme rarity and investment potential.

The best-known pink diamonds, for example, are from the Argyle diamond mine in Western Australia. That mine, which supplies 90 to 95 percent of the world’s pink diamonds, will be exhausted by 2020, and the scarcity has driven up prices.

“Argyle pink diamonds outperform any other,” said Leibish Polnauer, president of Leibish & Company, a colored-diamond dealer. “They’re less and less available and more and more in demand. Fifteen years ago we bought Argyle pink diamonds for $10,000 a carat. Today it’s $150,000, $200,000, $250,000 a carat.”

Dealers say wealthy buyers in volatile economies view rare, colored diamonds as a hedge against economic uncertainty. A diamond can also be a discreet way to put a tremendous amount of money into something smaller than an aspirin tablet.

“You can buy a large house for $1 million, or 1/16 ounce — or less than half a carat — of a red diamond,” said Yaniv Marcus, founder of the Diamond Investment and Intelligence Center. “A one-carat red diamond could be valued at $2.5 million.”

At the highest end, colored diamond prices have reached a level that rival rare art works like Amedeo Modigliani’s “Nu Couché,” which sold for $170.4 million at the fall auctions.

“It’s all about rarity,” said Frank Everett, vice president and sales director in the jewelry department at Sotheby’s. “The best ones stand out like a great piece of art.”

In the last year, Sotheby’s has sold two well-known blue diamonds for record-setting prices. A 9.75-carat blue diamond that belonged to the socialite Bunny Mellon sold in November 2014 for $32.6 million – or $3.3 million a carat. Last month, the auction house sold the 12-carat Blue Moon for $48.5 million – or just over $4 million a carat.

blue dia

Those prices far outstrip the 100-carat white diamond Sotheby’s sold in April for $22 million — or $2.2 million a carat.

More broadly, a one-carat fancy pink diamond in a cushion cut is 11.50 times more expensive than a one-carat cushion-cut white diamond that has been judged to be internally flawless and carries the highest color rating, said Eden Rachminov, head of the advisory board of the Fancy Color Resource Foundation. A blue diamond is 20.8 times more expensive than a similar white diamond.

But it is not so simple to jump into the trade just based on the soaring prices. Investors also need to understand the very different ways white and colored diamonds are judged.

With white diamonds, it is the widely known measures of color, cut, clarity and carat weight that drive prices. But investing in white diamonds is a lot like picking quality stocks. There are established measures of quality, relatively transparent pricing, knowable transaction costs and liquidity, at least in smaller carat sizes.

Mr. Rapaport views investments in white diamonds as a way to capitalize on the growth of the global middle class who will buy them as gifts and drive prices back up.

In the world of colored diamonds, what determines value is more subjective. The range of prices for any given colored diamond can range wildly, corresponding not only to the rarity of their colors but also to the vividness of the color itself. (The so-called chocolate diamonds that mall jewelers are advertising are not considered investments; until fairly recently, they were used for industrial purposes because they are so common.)

“It’s the strength of the color,” said Jordan Fine, president of JFine Inc., a dealer that specializes in colored diamonds. “A light yellow could be $3,000 a carat and a vivid yellow could be $15,000 a carat. A one-carat light pink could be $75,000 to $700,000 a carat for a vivid pink.”

He added, “It’s hard to fathom how expensive and rare that little stone is.”

Yet discerning the vividness of a colored diamond can be more art than science. If white diamonds are likened to stocks, colored diamonds are private equity investments, with all the risk and reward such forays entail.

“Colored diamonds don’t have a price list or somebody managing the value,” Mr. Marcus said. “It’s a true supply-and-demand free trade. It’s like real estate. Its value is what someone will pay for it.”

Mr. Rachminov said the prices of yellows have been stable, tending to track the stock market, but the pinks and blues have soared in value, which has made some industry experts like Mr. Rapaport skeptical. (Red diamonds are at the top but they are exceedingly rare.) “There’s more interest from high-net-worth individuals, just like there’s more demand for art and wine and luxury items in general,” Mr. Rachminov said.

Colored-diamond dealers talk of the stones as a store of value, and they have shown to be over decades. But they are not the easiest investments to sell.

“The approach should be long term,” Mr. Marcus said. “It’s not a trading commodity first of all because of liquidity. The return is exponential over time.”

He also divides colored diamonds into two categories: jewelry and investments. This is by quality but also by the color itself. He said there are not enough orange, green, violet, and purple diamonds to create the liquidity for an investment market. Therefore, most investors focus on blue, pink and red diamonds.

What about a pink gold engagement ring?

Pretty in Pink has returned. It is the it color of the new generation on engagements. The young woman are going for the pink. Pink was very popular in Russia during the 19th century. And it was known as Russian gold since they were the only ones to wear jewelry in that color. Pink gold is a mixture of yellow gold with copper to give it the pink hue.

In the 1920s Louis Cartier and Jean Cocteau (a French novelist and playwright) made this pink color popular with the “Trinity” ring. It is 3 bands of yellow, white and pink gold intertwined. The white gold band stands for friendship, the yellow gold band stands for fidelity and the rose gold band for love. As Cocteau became a huge fan of pink gold and wore 2 trinity bands stacked on his left pinky. The trinity band took off in French society, everyone wanted a Cartier Trinity band. After five decades of Cocteau’s death, his home has been restored with support from Cartier. To celebrate the grand reopening of his home on this occasion, Cartier has added to its Trinity line. The Trinity La Belle has six rolling bands with the inspiration being that Cocteau stacked the Trinitys. Beautiful idea. They also added pendants and bracelets with a similar influence. Cartier has expanded on this idea and has set diamonds in a pave style and in a

During the Art Deco Era of the 30s, the jewelry gave way to a diamond platinum look. More monochromatic and metallic looking, with sharp angles and much flash. During WWII, platinum was needed in the war efforts which led to the use of gold once again. Yellow gold became popular and engagement rings went back to yellow gold. In the past 20 years it moved on to white gold, more economical, as white gold is less expensive than platinum. Therefore the settings for the rings became more affordable.

So why pink gold for engagement rings? you ask. There are many reasons the brides are going for pink. It is a more subtle and a different option for those that want to skip the white yellow look. It’s very fashionable as mentioned earlier. It also flatters most skin tones from dark to light. The pink color allows you to mix and match with other gold colors also. It’s not always up to the woman to decide but she can drop subtle hints as to what she wants to get like showing her boyfriend images that she took with her phone. Email the images to your best friend and boyfriend. You never know who he might ask for advice as to what to buy and what color gold. Who knew there were so many options. Pink is unique and a trendsetter. We will see more pink rings as he time goes by.

Whether you want a hint of rose gold or a full rose gold ring you can’t go wrong. Pink is best in Boca Raton.174116 174117 173657

What should you do to make your jewelry look like new?

taking-care-of-jewelryIs your jewelry looking old and dingy-have no fear here are some suggestions how you can maintain your beautiful jewelry in the gorgeous Boca Raton.  First suggestion is, don’t drape your pearls or other expensive beaded necklaces on a hook or doorknob. The beads will weigh down the string and then you will have to have them restrung, rather lay them flat and store them in a soft cloth or jewelry pouch. You are not going to believe this one, as you enjoy soaking in a bath and enjoy the warm soapy water so does your diamond engagment ring. As soon as you get out look at your beautiful engagment ring and see it smile back at you. They were instantly cleaned; don’t try it with pearls, opals, turquoise or other porous stones.  These stones should never be worn swimming, washing dishes or showering as the color and texture can change. On the flip side, don’t soak in a swimming pool with your diamonds. While you always see in the magazine ads, images of jewelry by the poolside, don’t be fooled. Chlorine is not great for the stones and metal. The metal can discolor and weaken and cause the piece to change shape.

Whatever you do, try not to get chemicals on your diamond engagement ring, diamond bracelet or any jewelry on your hands.  DO NOT clean with your jewelry on unless you are wearing gloves. The chemicals such as bleach, ammonia, acetone, etc. can dull your metal and pit your stones. So remember only wear gloves to clean your house. Or maybe you should just pay someone to clean your house for you. And what about when you put on your makeup and do your hair. Your jewelry should always be put on last. Your makeup lotions (which includes suntan, body lotion, body glitter, gel…) can put a film on your diamond that is dulls the shine of your stone. Think of your jewelry as the icing on the cake-it goes last.

When you store your jewelry, pieces shouldn’t hav them touch one another. If you just throw your pieces on the counter they can rub against each other and get scratched. Even the stones can get scratched. When a jeweler packs jewelry we store the pieces separate from one another, we don’t take chances with our goods, why should you.

Make sure that you get your jewelry a checkup at the jewelers. It must be a jeweler that you trust, you don’t want your stone swapped or charged for something you don’t need. We hear so many stories from customers that came in after being cheated. Regarding your ring-prongs will loosen and your center stone just might fall out. We had a client come in, she had lost her center stone, the prongs wore down and the diamond fell out, luckily her grandson found the stone in her car. She took it to Diamonds by Eyal we built up the prongs and secured the center stone. Her daughter also had her ring checked while she was her with her mom. Both customers were very happy.

 

Should I Get My Mother In Law a Mother’s Day Gift?

downloadThat is somewhat of a rhetorical question. But of course you should, and your husband, fiancée or boyfriend should make sure to tell his mother that it was your idea. An even better idea would be if you bought a gift independently from your significant other.  If you are pre wedding or post engagement make sure that you try to build a relationship with her. Get to know your future mother-in-law’s likes and dislikes. If you are already married you should have somewhat of an idea of what she is into. Where is her favorite shop? What does she like to do?  You can share your favorite shops with her. My Mother in-law likes everything I have, including my bras. I don’t get upset or threatened, I embrace it. I have not always been that way but last year I changed my attitude, I embrace the idea. When she is visiting I take her to my favorite stores and she goes to town buying out the store. When she visits I try to have a gift waiting for her, it is so important to make her feel extra special and not left out. Mother’s day is the one day out of the year that we try to make the day a memorable one for our moms and mother-in-laws. Does she like flowers? My mother-in-law thinks flowers are just a waste of money they die after a week. Obviously I won’t be getting her flowers. Don’t bother with the clothing. You don’t want to insult your mother in law by getting too big of a size, she might come back with a she thinks I’m so fat. The clothing might not be flattering to her figure. I know nobody knows my body as well as I do.  Don’t even take a chance, forget the clothing it makes a terrible gift.  Chocolates just add to the waistline. Certainly, no woman wants to add to her waistline especially my mother in law, although I always like a good box of chocolates (hint, hint….).  Jewelry is her favorite thing to get, and mine, I would take it over chocolates any day. We are hoping to get my mother in law a beautiful necklace that has a pendant with all the initials of all her grandchildren in diamonds on it. Another piece that would be nice is a bracelet with the dangling initials. A client of ours made sure that her fiancé gave his mother (her future mother in law) a gorgeous yellow diamond right hand ring. Treating your mother in law right is very important to a happy marriage. I have found many pieces in 33486 area code. You have to trust the people and let them advise you as to what is right and worth your money and time. Sometimes, his mom plays a huge role in your marriage, she was the number 1 gal before you came into the picture, don’t let her feel threatened or jealous of you. Take it in stride and shower her with jewelry. Like I always say, nobody ever turns down a piece of jewelry.

What’s on your Man’s Mind?


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      A majority of the time, woman have no idea what is on their man’s mind. Whether it be work, his friends and family or even YOU! Ladies if you have a good man, give him time. Just when you think things might be getting rocky in your relationship or if he has been “out” a few questionable times, (because women have that intuition when something’s “off”) he might just be out looking for the perfect diamond for you.
Time after time we see so many men come in with some idea of what they are looking for, sometimes they have no idea, but we are here to help! It is critical for men to work with someone they trust when making such a large purchase. This is especially important when picking out a diamond because there are many factors that come into play; working within respect to the parameters of a man’s budget and wishes for size, color, clarity, cut, certification type, as well as the time it takes to choose the best setting for the diamond.
When the trust is built with our clients, they know they are getting only the best service, education and experience.
It is truly a beautiful process from beginning to end to see the men finally walk out confident with their choice of an engagement ring. Personally we really look forward to that e-mail or phone call we receive when we know she said yes and loves her custom ring.
So much effort is put into choosing the perfect diamond just for you ladies so please recognize your man for the time and effort he has put forth to make you his happily wedded wife forever!

 

Written by:

Lindsay Greatorex
Lindsay Greatorex
Director of Social Media and Marketing