The Rarified World of the Rarest of Gems

September 16th, 2010 by James L. Sweaney, CGA, FGA. GG

Roskin Blues

Our old friend and former colleague at GIA, Gary Roskin, has published an absolutely fascinating account of a major event at the pinnacle of the gem world. Under the auspices of the Smithsonian Institute, the most famous of all gems, the Hope Diamond, was brought together for the first time with the Wittelsbach Blue, now known as the Wittelsbach-Graff diamond, for the purpose of research and comparison. Part 1 is featured in Gary’s “The Roskin Gem News Report” at this URL, http://www.roskingemnews.com/Master_Page/Diamonds.aspx. Gary promises more to come in part 11. This is an outstanding read for those of you who love gems– don’t miss it!

We published a blog explaining some of the characteristics of blue diamonds in April 2009 when the 7.03 Cullinan Blue sold at auction for a world record price per carat for any gemstone, hammer price just under 10,000,000!  You can read the article at http://www.mardonjewelers.com/blog/gem-industry-news/what-is-a-fancy-blue-diamond/

Rare gems have quietly come back as an investment and store of wealth as the world economy totters along. The one of a kind nature of these rarest of nature’s treasures means that, just like fine art, the truly good ones that will stand the test of time are in a class by themselves. The challenge is determining which ones are truly rare! Give us a call if you’d like to know more about investment opportunities in rare gems.

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