So many parents when they have a new baby they want to put something aside for the future of the baby – something that will hopefully appreciate over time. Pink diamonds are something to consider.
In the past we have heard of new parents marking the occasion with a gold bar or coin in the hope that it will appreciate in value and then at a time in the future they can hand it over to their son or daughter.
We have recently had some clients deciding on pink diamonds for this very same purpose and with good reason too. The price of pink diamonds has steadily increased over the past 20 or so years and at the moment it shows no sign of slowing. If you compare this to gold prices they are much more volatile as follows:
10 Year Low Oct 2008 $850
10 Year High Aug 2011 $2,031
Current Price $1,201
This shows that it can make a big difference depending on when you bought to how the return on investment will be.
With pink diamonds it has been reported as growing at a rate of 13.8% pa for the last 10 years. Now it is important to note that past results are no predicter of future results but from where I sit the market remains very strong.
A pink diamond with an Argyle Origin Certificate can start from as little as $500 and we are happy to work with clients of any budget to find something to suit. With the mine set to cease production by 2021 you will also have on your hands something very special to hand down – a piece of Australian history.
Another positive with pink diamonds is the ease with which the asset can be transferred – they are a simple and portable asset which makes things easy.
For more information on pink diamonds please email firstname.lastname@example.org or call Julie on 1300 67 57 87.