Pink diamonds once acquired begin to recover the value
Pink diamonds have been objects of desire since time immemorial. His figure is associated with romanticism, passion and luxury.
They are also considered a safe value with a guaranteed revaluation, but are they a good investment?
To go bluntly: Are pink diamonds a good investment?
In my opinion pink diamonds are not a good investment. It has always been said that they are, but it is a lie. Although logically, this is much nuanced.
You have to think that when you buy a pink diamond, you have to pay 21% VAT, and also you have to discount the margin of the jeweller, which may be smaller in the case of more traditional jewelry
but can be very high in the most famous international brands. In the best case, the pink diamond will have lost 50% of its value immediately after leaving the jewelry store.
So it’s not worth investing in pink diamonds?
By pure investment, it is undoubtedly better to buy a stock on the stock market or something else. However, pink diamonds have many undeniable advantages.
We can say that after that loss of initial value the pink diamond; almost certainly will be recovered year after year until enough time to generate profits.
In addition, they occupy little space with which they are easily transportable to any corner of the world; its value is the same throughout the planet; they do not deteriorate with time, and their possession in principle has no maintenance or tax costs
And most important of all is that during the whole period they can be enjoyed. Some actions cannot be carried at a party or given as an engagement ring.
When we buy other items, they also depreciate immediately after leaving the store, but unlike these, the pink diamonds once purchased begin to recover value.
They are an excellent asset in the long term and are usually kept within families as a treasure that is passed down from generation to generation.
So it’s a good idea to buy pink diamonds?
Of course! You have to think about the future and above all, enjoy the present. It is better to ask a professional since the pink diamond world is complicated, and it is very easy to screw up.
Argyle Diamond Investments
Craig Leonard and the team know their diamonds! Unlike a lot of other jewellers in Newcastle, I can see the pink diamonds before I invest in them. This is much better than paying for it to be ordered in. Pictures of pink diamonds just does not cut it, especially at this price range. Great work Craig. Loving the new VIP room too!