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Invest in Pink Diamonds (Garry's Interview on Sky News)

The turbulent investment markets of the past decade, and the rise in value of rare coloured diamonds, has led some clients to ask me to assist them as a broker to buy pink diamonds. I make no predictions or guarantee that past substantial rises in diamond prices, especially fancy coloured and pink diamonds, will continue, or that they are easy to liquidate.

Diamonds have fundamental problems for private investors. The industry is opaque, with high margin and slow stock turns and poor avenues for reselling. Diamonds I buy for stock usually take a year or two to sell.

However I have acted as a broker for some substantial pink diamond purchases and if you are interested we can send you an information pack. This service is designed for people prepared to spend six figure plus amounts to:

  • buy and hold forever;
  • buy, hold and sell after 5 or 10 years; or
  • buy and make available for sale immediately. 

The service I offer builds on the information in the Pink Diamond section of this website and includes: 

  • What makes a “good” pink diamond;
  • What is involved in obtaining suitable investment stones;
  • The necessary information you will need to make a decision on a prospect stone;
  • How to obtain, as well as on-sell, an investment diamond;
  • What to look for when researching this further.

I have no expertise in providing financial advice. Before making an investment I research it thoroughly and speak to my own financial advisor. You should do the same.

See our Investment quality Pink Diamonds

 

1ct Fancy Intense Purplish Pink pear shape medium blue 1ct Fancy Intense Purplish Pink pear shape medium blue
Duration: 660
Date: July 15, 2014
Views: 322

pink diamond 1.04 FIPP Radiant I1 pink diamond 1.04 FIPP Radiant I1
Duration: 900
Date: September 15, 2014
Views: 29

Pink Diamond 0.96ct FIPP SI2 Pink Diamond 0.96ct FIPP SI2
Duration: 840
Date: September 15, 2014
Views: 56

Pink Diamond 0.76ct FIP I1 radiant cut Pink Diamond 0.76ct FIP I1 radiant cut
Duration: 1320
Date: September 15, 2014
Views: 50

Pink Diamond 0.52ct FIP SI1 round brilliant Pink Diamond 0.52ct FIP SI1 round brilliant
Duration: 1320
Date: September 15, 2014
Views: 58

Pink Diamond 0.75ct FIPinkish Purple SI1 square cushion Pink Diamond 0.75ct FIPinkish Purple SI1 square cushion
Duration: 1080
Date: September 15, 2014
Views: 25

Pink diamond 1.15ct Fancy Pink Purple -SI2 radiant Pink diamond 1.15ct Fancy Pink Purple -SI2 radiant
Duration: 1320
Date: September 15, 2014
Views: 35

Pink Diamond 2.00ct Fancy Pink-Purple pear shape Pink Diamond 2.00ct Fancy Pink-Purple pear shape
Duration: 1980
Date: September 15, 2014
Views: 38

Amazing Argyle Pink Diamond 0.92ct Vivid Purplish Pink nice SI2 perfect round brilliant cut Amazing Argyle Pink Diamond 0.92ct Vivid Purplish Pink nice SI2 perfect round brilliant cut
Duration: 3120
Date: September 15, 2014
Views: 54

Pink Argyle Diamond 0.95ct Fancy Intense Pink SI1 heart shape Pink Argyle Diamond 0.95ct Fancy Intense Pink SI1 heart shape
Duration: 1500
Date: September 15, 2014
Views: 55

Argyle Pink Diamond shield shape 0.90ct Vivid purplish pink low SI2 Argyle Pink Diamond shield shape 0.90ct Vivid purplish pink low SI2
Duration: 1680
Date: September 15, 2014
Views: 85

Argyle Kite shaped pink diamond 1.00ct fancy vivid purplish pink very low I1 clarity Argyle Kite shaped pink diamond 1.00ct fancy vivid purplish pink very low I1 clarity
Duration: 1260
Date: September 15, 2014
Views: 43

Argyle pink pear shaped diamond 1.53ct Vivid Pink not bad I1 Argyle pink pear shaped diamond 1.53ct Vivid Pink not bad I1
Duration: 1200
Date: September 15, 2014
Views: 65

Rare red heart shaped Argyle diamond 1.04ct FR SI2 Rare red heart shaped Argyle diamond 1.04ct FR SI2
Duration: 1920
Date: September 15, 2014
Views: 193

Pink Diamond 2.00ct very strong Fancy Pink low I1 clarity marquise well cut Pink Diamond 2.00ct very strong Fancy Pink low I1 clarity marquise well cut
Duration: 1260
Date: September 15, 2014
Views: 110

Pink Diamond 0.68ct Fancy Intense Pink FIP SI1 Argyle 2013 tender 4PP SI2 Pink Diamond 0.68ct Fancy Intense Pink FIP SI1 Argyle 2013 tender 4PP SI2
Duration: 2040
Date: September 16, 2014
Views: 45

Pink Diamond 0.53ct FIPP SI1 2013 3PP Argyle tender Pink Diamond 0.53ct FIPP SI1 2013 3PP Argyle tender
Duration: 960
Date: September 16, 2014
Views: 59

Pink Diamond 0.53ct FIPP SI12013 Argyle tender Pink Diamond 0.53ct FIPP SI12013 Argyle tender
Duration: 1860
Date: September 16, 2014
Views: 79

Pink Diamond 1.08ct strong Fancy Pink I1 eyecleanish no risk to break Pink Diamond 1.08ct strong Fancy Pink I1 eyecleanish no risk to break
Duration: 2400
Date: September 16, 2014
Views: 41

Pink Diamond 0.68ct Fancy Intense Pink FIP SI1 Argyle 2 comparison to photo Pink Diamond 0.68ct Fancy Intense Pink FIP SI1 Argyle 2 comparison to photo
Duration: 840
Date: September 16, 2014
Views: 53

Pinkish Diamond 1.08ct brownish Pink radiant SI2++ possibly Argyle Pinkish Diamond 1.08ct brownish Pink radiant SI2++ possibly Argyle
Duration: 2040
Date: September 17, 2014
Views: 40

Red 0.81 Fancy Red Cushion SI1 Brazilian like Argyle, Very large spread Not dark like most red’s Red 0.81 Fancy Red Cushion SI1 Brazilian like Argyle, Very large spread Not dark like most red's
Duration: 2520
Date: September 17, 2014
Views: 87

Pink Diamond 1.01ct pear shape Fancy Intense Pink SI2 +spread no risk Pink Diamond 1.01ct pear shape Fancy Intense Pink SI2 +spread no risk
Duration: 1980
Date: September 17, 2014
Views: 153

1.39ct Fancy Intense Pink Diamond, good spread, low risk of chipping small dark zones 1.39ct Fancy Intense Pink Diamond, good spread, low risk of chipping small dark zones
Duration: 2760
Date: September 17, 2014
Views: 136

0.51 oval red AND 1.72ct FIPP pink diamonds 0.51 oval red AND 1.72ct FIPP pink diamonds
Duration: 113
Date: September 17, 2014
Views: 65

.46ct Oval and 0.53ct pear shaped argyle pink diamonds .46ct Oval and 0.53ct pear shaped argyle pink diamonds
Duration: 78
Date: September 17, 2014
Views: 136

Argyle Pink Diamond 0.83ct FIoP VS2 Cushion with small dark zones Argyle Pink Diamond 0.83ct FIoP VS2 Cushion with small dark zones
Duration: 1920
Date: September 18, 2014
Views: 124

Argyle Pink diamond 0.50ct round Fancy Intense Pink 3PR eyeclean SI2 Argyle Pink diamond 0.50ct round Fancy Intense Pink 3PR eyeclean SI2
Duration: 2640
Date: September 21, 2014
Views: 214

Fancy Intense pinik diamond 0.52ct I1 hard to see at tip. great spread Fancy Intense pinik diamond 0.52ct I1 hard to see at tip. great spread
Duration: 3000
Date: September 21, 2014
Views: 38

Pink Diamond 0.60ct Intense orangy Pink SI1 Radiant small darkzones nice colour Pink Diamond 0.60ct Intense orangy Pink SI1 Radiant small darkzones nice colour
Duration: 2520
Date: September 21, 2014
Views: 86

Pink Diamond 1.15ct cushion cut NFIPP SI2 eyecleanish safe stone. Small dark zones good spread Pink Diamond 1.15ct cushion cut NFIPP SI2 eyecleanish safe stone. Small dark zones good spread
Duration: 62
Date: September 21, 2014
Views: 153

1.08ct Fancy Pink I1+ radiant eyecleanish safe, weak FIP colour and vsmall dark zones 1.08ct Fancy Pink I1+ radiant eyecleanish safe, weak FIP colour and vsmall dark zones
Duration: 1860
Date: September 21, 2014
Views: 59

Supplier asked me to remove the title Supplier asked me to remove the title
Duration: 3420
Date: October 3, 2014
Views: 35

1.03ct Fancy Vivid Pink I1 eye clean Marquise cut pink diamond 1.03ct Fancy Vivid Pink I1 eye clean Marquise cut pink diamond
Duration: 147
Date: February 19, 2015
Views: 1163

Beautiful pink diamond 1.04ct radiant FIpP -I1 Beautiful pink diamond 1.04ct radiant FIpP -I1
Duration: 3540
Date: March 3, 2015
Views: 55

Beautiful Ex 2014 Argyle Pink Tender diamond 1.06ct FVpP SI1 shield shape Beautiful Ex 2014 Argyle Pink Tender diamond 1.06ct FVpP SI1 shield shape
Duration: 70
Date: March 3, 2015
Views: 239

1.12ct pear shape Fancy Intense Pink recut from an Argyle diamond 1.12ct pear shape Fancy Intense Pink recut from an Argyle diamond
Duration: 94
Date: March 6, 2015
Views: 25

0.45ct Vivid Purplish Pink Marquise diamond SI1. The dream colour! 0.45ct Vivid Purplish Pink Marquise diamond SI1. The dream colour!
Duration: 90
Date: March 6, 2015
Views: 185

1.02 VS2 Fancy Intense purplish Pink very nice diamond 1.02 VS2 Fancy Intense purplish Pink very nice diamond
Duration: 2880
Date: March 6, 2015
Views: 28

0.90ct kite or shield Fancy Vivid purplish Pink SI2 ?ex Argyle tender? 0.90ct kite or shield Fancy Vivid purplish Pink SI2 ?ex Argyle tender?
Duration: 75
Date: March 6, 2015
Views: 30

0.70ct Argyle 2014 tender Fancy Intense Pink VS2 Radiant 0.70ct Argyle 2014 tender Fancy Intense Pink VS2 Radiant
Duration: 123
Date: March 7, 2015
Views: 81

Almost red 0.59ct Vivid pink SI1 radiant with excellent spread Almost red 0.59ct Vivid pink SI1 radiant with excellent spread
Duration: 105
Date: March 7, 2015
Views: 64

0.94ct Emerald cut Argyle 2013 tender Fancy Intense purplish Pink SI1 0.94ct Emerald cut Argyle 2013 tender Fancy Intense purplish Pink SI1
Duration: 99
Date: March 7, 2015
Views: 449

0.76ct Fancy Intense purplish Pink VS1 good spread Argyle 7PR 0.76ct Fancy Intense purplish Pink VS1 good spread Argyle 7PR
Duration: 99
Date: March 7, 2015
Views: 109

1.08ct Vivid purplish Pink, I1 probably older recut Argyle tender diamond 1.08ct Vivid purplish Pink, I1 probably older recut Argyle tender diamond
Duration: 94
Date: March 7, 2015
Views: 276

0.53ct 2013 Argyle tender Fancy Intense Pink I1 radiant cut diamond 0.53ct 2013 Argyle tender Fancy Intense Pink I1 radiant cut diamond
Duration: 86
Date: March 7, 2015
Views: 129

0.55ct Fancy Vivid purplish Pink VS2 probably an old recut Argyle diamond 0.55ct Fancy Vivid purplish Pink VS2 probably an old recut Argyle diamond
Duration: 74
Date: March 7, 2015
Views: 167

1.00ct weak Fancy Intense Pink eye visible I1. Poor spread no dark zones. 1.00ct weak Fancy Intense Pink eye visible I1. Poor spread no dark zones.
Duration: 66
Date: March 7, 2015
Views: 162

0.81ct sweet Fancy Red SI1 eye clean probably Brazilian diamond 0.81ct sweet Fancy Red SI1 eye clean probably Brazilian diamond
Duration: 2880
Date: March 7, 2015
Views: 320

Pink marquise shaped diamond 0.44ct Fancy Intense purplish Pink eye clean SI1 video 1 Pink marquise shaped diamond 0.44ct Fancy Intense purplish Pink eye clean SI1 video 1
Duration: 2520
Date: September 24, 2015
Views: 77

Pink marquise shaped diamond 0.44ct Fancy Intense purplish Pink eye clean SI1 video 2 Pink marquise shaped diamond 0.44ct Fancy Intense purplish Pink eye clean SI1 video 2
Duration: 139
Date: September 24, 2015
Views: 104

FAQs:

What is the Argyle Premium?

The market adds a premium on diamonds from Argyle mine.

Whilst Argyle themselves suggest a near 30% premium my associate Branko Deljanin and I believe 15-20% is a more realistic figure. However, I occasionally see Argyle stones listed by Australian dealers with excessive premiums, reinforcing the importance of having a strong understanding and familiarity with the market.

Since 2009, all pink diamonds from Argyle larger than 0.25ct are certified and laser inscribed with their certificate number. These stones can be verified at the Argyle Pink Diamonds site.

Stones cut, polished and sold by Argyle are often repolished to improve their grade from GIA, a sad comment on the level of skill of Argyles’ polishing team. In fact, several Deep Pinks have been recut to achieve the coveted Red grade from GIA; however Argyle will not upgrade a repolished stones cert.

Where do you buy from?

I prefer to buy fancy coloured and pink diamonds at trade fairs, where I can see many stones at the same time and the market is more competitive.

The main international trade fairs are in Hong Kong (because the Chinese market is hot), Basle in Switzerland and Las Vegas. I usually attend at least three shows; Hong Kong in March and September and Las Vegas at the end of May. Whilst Basle is a huge show, it tends to be focussed on watches and jewellery rather than loose diamonds and accommodation is very expensive.

What are your views on the Argyle Tender?

Every year Argyle hold sealed bid auction tenders for the year’s 50 to 60 most valuable pinks. The stones are taken on an international “roadshow” enabling invitees to view and bid on the stones.

Tender bid winners often fear they have overpaid. Each year the trade reports the setting of new high priced sales records and the 2014 Tender appears to have set a new high watermark. However I will attend if there is enough support from you, the buyers.

Why invest in Pink Diamonds?

At its simplest, they last forever, do not depreciate and require little, if any, maintenance or ongoing costs other than, perhaps, insurance. There are other assets you can enjoy, like a holiday house or apartment in Paris; they may also appreciate but the ongoing costs and monitoring can be extensive. Diamonds are set and wear, requiring only occasional cleaning and checking of claws. If unset, they require only secure storage. We’re yet to come across an investment which requires so little effort and involvement. But there are no guarantees that the previous decades approximate 20% PA appreciation will continue.

Do you recommend parcels of loose diamonds?

No.

Although they are easier to buy, they are invariably harder to sell. Buyers want to select individual stones, making it harder to reprice and sell the remainder, which can take easily take years. Parcels are of use to those buying stones as a business, rather than as an investment.

Why should I use you as a broker?

My knowledge and experience gained from more than thirty years in the diamond industry is unparalleled, I am known globally and respected. This industry runs on trust and I always pay upfront and that is a huge advantage in negotiations. It translates into dollars saved.

There is no shortage of sellers or financial advisers offering pink diamond investment services, but many lack the contacts and extensive knowledge required to be truly effective. Many are aligned with local wholesalers or are partnered or associated with these vendors, adding an extra layer of handling and costs. Some will recommend buying at auction; buyers AND sellers pay high commissions.

Several Australian diamond merchants sell their old stock and speculative diamonds via the big auction houses, which can be a good buying opportunity compared to retail prices. The problem with auction houses is they add a seller’s and a buyer’s margin, which I have always found can add up to a considerable sum when buying. Buying at international trade fairs where I can sight stones, compare prices and negotiate with vendors means we will acquire stones at the prices before auction houses add their 10% to 25% premiums for sellers which are compounded by similar premiums for buyers.

What currency do you transact in?

At a trade level all prices and diamond transactions are in US$. It is impossible to hold an Australian dollar quote so we will work only in US$ and any settlements will be based on the bank exchange rate on the day.

Why would Pairs or suites be of interest to me?

Stones that make suitable pairs can be worth up to half as much more due to the demand for earrings and other pieces of jewellery requiring matching stones.

I will look out for any potential match for any stones you have purchased. You may decide to buy the matching stone, or I can inform the owner that you have a match and are willing to sell to them. Alternatively, we can arrange a partnership, where one or both parties offer the pair for sale.

 See our Investment quality Pink Diamonds