Opening the Vault: Understanding the Value in Fine Jewelry Investment
You've heard the saying 'Diamonds are a girl's best friend', right? But have you ever considered they could be your wallet's best friend too? When you're owning fine jewelry, there is real value to be found - not just in the aesthetics but in the investment aspect. So, let's look at a heated discussion that exists among fine jewelry owners: Which jewels hold the best value - Diamonds or Rubies?
['Diamond' in the Rough]
So let's start with the classic and most popular gemstone, the diamond. As many of you know, due to their stunning brilliance and toughness, diamonds are considered rich investment properties. Not to mention, they look great on your hands too! But remember, as every jewelry owner knows, not all that glitters is gold, or in this case diamond! The value of diamond lies strongly in its quality- cut, color, and clarity - not merely its size.
[Rubies: The Gemstone of 'Royalty']
Then there are rubies. Rich, red, lush rubies. The gemstone of kings and queens and one of the most valuable gemstones on earth. An exceptional ruby could go for much dearer than a flawless diamond of the same carat. Talk about a royal bang for your buck! But as with diamonds, not all rubies pass the royal test. The quality, hue, and tone are crucial when it comes to valuing a ruby.
[When Red meets White: The Comparison]
Now we understand that both diamonds and rubies hold strong value in the fine jewelry market. A diamond's value lies in its hardness and brilliance, whereas a ruby's value primarily comes from its rarity and vibrant red color. If you’re looking at it purely from an investment point of view, according to Gemval.com, the highest quality rubies have outperformed diamonds over the past decade in terms of price growth.
[Invest Safely, Shine brightly]
In conclusion, when it comes to fine jewelry as an investment, both diamonds and rubies come with their unique benefits. But remember, as Lucy in a Sky with Diamonds would tell you, do your homework before investing! While buying, check not just the carat but the cut, clarity, and color too. After all, you don’t want fool’s gold, or worse… fool’s diamonds or ‘rubbish’ rubies!
