subject: Diamond Auction Gaining More Popularity [print this page] As the overall financial troubles have been worsening day by day, the huge numbers of investors are seeing the solid goods as a more secure investment. They are investing large amount of money into precious stones, metals and real estates. But diamond is that item which has continually retains its value from the centuries.
Diamonds are all time favorite and a valuable possession for the women. At first, it was being used as daily cutting tools and then shifting to defending charm on the armor of early warriors and rulers. It gained its popularity more and more and eventually is the lone possessions of royalty and an item preferred by everyone who have the ability to afford it.
Diamonds can be found in many shapes and sizes depending on the amount of budget you spend for them. The celebrities like Jenifer Lopez, Keira Knightly, Halle Barry and many others have also increased the value of diamond jewelry by wearing them on their fingers, ears, necks and wrists as a part of advertisement or their fancy.
These kinds of things have affected prices of diamond jewelry at the diamond auction. Where vintage and estate jewelry and loose stones are concerned, the fame of colored, larger and exclusively cut diamonds has caused a big deal of significance and competition at auction. For instance, in November 2008, one pink fancy diamond ring weighing about eight carats was sold for more than one million of dollars which is a significant increase in price over the line of five to eight years alone. Diamonds have their own specialty, beauty and quality which are also the reason that they come in first position when talked about precious metals and stones.
