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.

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.

 

My Grandmother: My Jewelry Icon

Jaclyn NYC

 

Guest Blogger

Jaclyn Gross, Professional Organizer in South Florida

 www.TipTopOrganizing.com

Age 27

 

 

As I’ve grown through the years, my style has evolved.  I always loved dressing up with my “pretty, pretty, princess” kit as a child and covering myself with loads of “jewels.”  The feeling of dripping in earrings, necklaces, bracelets and rings makes you feel better.  Makes you feel royal, makes you feel confident.  Or at least it did for me. 

 

But then something happened.  I turned 6.  And on my 6th birthday, my Oma gave me a pearl necklace.  It was a gold chain that had just a few tiny perfect pearls in the middle.  I loved feeling how smooth and cold they were.  It made me feel different.  Every year for Christmas, she would take my necklace and place a few more pearls on it.  She did this for my cousin Jillian and I who are just one year apart.  So when we would get it back in time for the yearly Christmas party, we would have our new pearls on our necklaces.  Every year it would grow just a little bit more and did this for about 10 years until it was fully covered.  That was very special to me and it was also the first time I had ever had a “real” piece of jewelry.  It changed how I felt.  No more plastic for me; I had graduated onto the real thing.  I felt like once I felt the feeling of a “real” piece of jewelry, I could just never go back.

 

My grandma always wore the most stylish and exquisite pieces.  I always wanted to be like her.  Right now as I am writing this, I am wearing a tiffany silver ball necklace and matching bracelet that I inherited from her.  She was a main influencer in my jewelry choices.   She had a safe where she kept her really expensive pieces, but the rest were all tucked away perfectly in their original boxes and pouches in one of her dresser drawers.  She was so organized.  I loved that about her, too.  She maintained the sparkle of her jewels.  They never tarnished or dulled.  They were cleaned, repaired if broken, insured and never out of place.  She took care of her belongings.  Anything that was hers, whether it was her diamond ring, her child, grandchild or home was taken care of fully 1000%. 

 

I always adored her choices from her broaches to earrings, rings, bracelets, ankle bracelets, and necklaces.  She always looked like a celebrity.  I should have taken more pictures of her.  Her style was just impeccable; perfectly put together everyday.  And the jewelry was what tied it all together.  I just loved all of her choices in style because her style was timeless.  It influenced me then and still does today, and will forever.  This is what I pass on to my clients, too.  When I take them shopping for a new wardrobe and when I weed out their old items- we focus on timeless classic foundational pieces instead of hip and trendy for just 1 season. 

 

I wanted my Oma’s collection of jewelry (and clothes- but I couldn’t fit in them since she was a size 0 her entire life, and I’m definitely not!)  And the funny thing is that her collection of jewelry, even after all the decades that have passed would mean nothing to the jewelry because they will still be just as magnificent as they were on the first day.  She had mesmerizing yellow diamonds, white diamonds, pink diamonds, sapphires, rubies, emeralds, and of course white gold, yellow gold, rose gold, platinum and silver.  I was hypnotized every time I saw her brilliant collection.   I couldn’t wait to build my own collection; to have my own treasure chest of fine jewelry.  So far my collection does not involve many diamonds (yet!) but I’m working on it. 

 

Over the years, as I was with her in her room helping her get ready before parties (my dad lived with her for a few years after my parents divorced) I watched as her outfit transformed from already stunning to just over the top magnificent stand-out with the help of a few classic, timeless classic pieces of jewelry.  It made the entire outfit pop.  I helped her as we went through her selection and picked the right pieces. 

 

This was eye-opening to me as a child to see this transformation.  With just a little (or not so little!) perfect sparkling well-placed diamond or jewel can make all the difference. 

 

I recently discovered Diamonds by Eyal in Boca Raton, Florida.  The store is run by Elise & Eyal Cohen.  They are the nicest couple ever.  They pay so much attention to you and make you feel like royalty.  Even though I wasn’t purchasing anything extravagant, they treat you like you are.  It doesn’t matter to them whether you are purchasing something for $500 or $250,000, because either way, they want you to enjoy the experience and educate you.  They sit down with you and explain everything.  It is by appointment only so you don’t have to worry about people coming in and distracting you. 

 

The time you have with them is your time only.   They make you feel so special and this customer service is so rare to find these days.  I truly appreciated them spending their time and energy on me.  I was able to leave there feeling confident in my purchase and knowing that this will be the place that I will be buying all future jewelry pieces from, and telling my friends and family to come, too.  The prices truly can’t be beat (as I went to many different places and compared!) and the quality is the best.  They also don’t do any advertising, so that speaks volumes!  It’s all by referrals.  I love that!  I recommend this business whole-heartedly to anyone who has a special occasion (or any occasion!) coming up.  The gift of jewelry is something that will be truly treasured for their entire life… at any age!