We would not recommend these stones for a beginning portfolio as it's probably smarter to focus on Burma gems. However, these gems might be pursued to diversify a larger collection. Here are six rare gemstones and one colored diamond.
Famous London jeweler, Lawrence "King of Bling" Graff, has his private client list is stolen by Russian hackers. They are seeking millions in crypto or gems as ransom to keep client data safe.
Sotheby’s will be the first auctioneer to offer a massive diamond for sale that can be purchased with cryptocurrency. It is expected to fetch between $10 million and $15 million.
An Asian private buyer purchased the stone named The Sakura, Japanese for cherry blossom, because the diamond is 'exactly' the same shade as the tree. Perhaps the diamond was affected by weekend crashing crypto markets or simply fall out from Covid.
George Huang, Taipei, Taiwan, believes collecting gems and jewelry are great investments because they produce great long-term returns, you’re able to wear them, they travel well, they’re internationally recognized and easy to maintain.