Title: Colored Diamonds Star at Recent Christie's Auction, Paragon International Wealth Management Notes
1Colored Diamonds Star at Recent Christie's
Auction, Paragon International Wealth Management
Notes
2Paragon International Wealth Management
- Fancy colored diamonds continue to fetch high
auction prices as buyer interest in diamonds
remains strong. "The recent activity for colored
diamonds at high-end auctions like Christie's and
Sotheby's is fascinating to watch. Savvy
investors are seeing how valuable and important
fancy colored diamonds can be," explained Michael
King, Director of Trading for Paragon
International Wealth Management, a Toronto-based
investment firm that specializes in the
acquisition of fancy colored diamonds for
investors.
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4- Several exceptional pieces of colored diamond
jewelry were among the highlights at Christie's
Hong Kong Magnificent Jewels Sale on May 30, 2017.
5- The top lot of the sale, based on pre-sale
estimates, was a ring with blue and pink diamonds
from luxury jeweler, Moussaieff. The ring has a
3.98-carat fancy blue vivid diamond in the center
with a surround of 14 pink diamonds. - A second colored diamond ring displayed at
the Hong Kong auction was an extremely rare
natural green diamond. The centerpiece of the
ring is a 5.28-carat fancy intense green diamond
surrounded by pink diamonds.
6- Other auction highlights included a pair of
colored diamond earrings, each of which is set
with an oval fancy purplish-pink diamond and
surrounded by colorless diamonds. Also sold was a
rare colored diamond bracelet, made with oval
pink diamonds, one oval-shaped blue diamond and
circular-cut fancy vivid purplish-pink diamonds. -
7- The first half of 2017 has seen record-breaking
sales of several notable and valuable colored
diamonds, Paragon International Wealth
Management's King mentioned. He cited the
record-breaking sale of the "Pink Star" diamond
for 71.2 million at Sotheby's in April 2017, as
well as a pair of fancy colored diamond earrings
-- one pink, one blue -- which sold for 57
million at Sotheby's in May this year.
8About Paragon International
9Paragon International Wealth Management specialize
s in the acquisition and management of fancy
colored diamonds as investments. The Toronto firm
provides its clientele with unparalleled advice
and guidance in assembling a successful hard
asset investment portfolio. These clients achieve
the highest possible annual returns on their
investments through Paragon's experience in
navigating the colored diamond market.Fancy
colored diamonds are growing in popularity as an
investment vehicle. Over the last several years,
they've shown significantly higher profit margins
than other hard asset investments.
10Thanks!
- Any questions?
- Find me at _at_paragoniwm info_at_paragoniwm.com