Pink Diamond

The coin is backed by a pool of certified, fancy colored diamonds (mostly pink) with a total NAV of $5,000,000 USD. Each diamond is certified and guaranteed natural fancy color. The diamonds are insured by Lloyd's of London and stored at a private vault. The declining yield is occurring as the demand from the jewelry industry continues to rise. Pink and other fancy-grade-colored diamonds are the only class of assets that has increased in value consistently over 10% per year, he added. These diamonds are British fashion royalty Debby Wingham bought the hand sculpted fondant-covered cake, with 5.2-carat pink diamonds, a 0.4-carat yellow diamond and more than a dozen 5-carat diamonds in it, priced at $75M because why not? It's the size of a postage stamp, the color of bubble gum and the weight of about two pennies. But the 16.08-carat pink diamond to be auctioned off by Christie's could fetch a whopping $28 million when it goes under the hammer next week. That would make it I'm on the luxury jewelry beat. I'm a one-time daily newspaper reporter who now writes about high-end jewelry, the finest timepieces, luxury and fashion. It seems remarkable when looking back, but, at the same time, it feels quite normal. My first magazine Although not nearly as large as white diamonds, pink diamonds have been sought out for centuries. What they may lack, at times, in size, they more than make up for in coloring and rarity. The 8.01-carat Argyle Pink Jubilee is the largest pink diamond ever .
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