Related:
The One and Only One, Colored Diamonds
During the volatile economic cycle of the past ten years, and even since the banking crisis of 2008, prices of Fancy Color Diamonds have soared and auction records have been broken as Ultra High Net Worth Individuals recognize that these precious hard assets have out-performed most financial instruments.
- In 2009, a 2.52-carat Fancy Vivid Green Diamond sold at auction for $3.08 million, a world-record $1.2 million per carat.
- In 2011, in Hong Kong, a 6.01-carat Fancy Vivid Blue Diamond sold for $10.1 million, or $1.6 million per carat, also a world record.
"Over the past ten years, Fancy Color Diamonds have jumped ten-fold," said Rahul Kadakia , Head of Jewelry for Christie's Americas and Switzerland. "What was then $100,000 or $200,000 per carat can now easily be worth $1.7 to $1.8 to $2 million per carat," he predicts.
The diamonds of The One and Only One Collection are available by appointment, exclusively at these fine jewelry salons:
Black, Starr & Frost, New York, NY and Newport Beach, CA; Dorfman Jewelers, Boston, MA; Eiseman Jewels, Dallas, TX; George Walton 's Gold & Diamond Company, Anchorage, AK; Hamilton Jewelers, Palm Beach, FL and Princeton, NJ; M.J. Miller & Co., Barrington, IL; and Molina Fine Jewels , Phoenix, AZ.