Dear gemstone lovers,
there are stones which really are something special. And some of them are far rarer than diamonds. I’d like to tell you about just such a stone today because, with me and the imperial topaz, it was love at first sight!
Nomen est omen
Truly imperial: my first encounter with this radiant reddish-gold rarity was back in the 80s, on a trip to Ouro Preto, in the well known federal Brazilian state of Minas Gerais. When I first saw the special sparkle of this stone, I understood at once why my father had referred to the Brazilian imperial topaz as his favourite!
Continue reading More than just valuable: the emperor from Brazil
With the banks hardly paying any interest at all, a property bubble that could burst at any time, and a volatile share market, gemstones, the smallest form of capital investment, have climbed a long way up the ladder.
For several years, a marked increase in demand has been noticeable in the gemstone trade. Yet that demand is now facing limited resources, as Constantin Wild, the gemstone merchant from Idar-Oberstein, is well aware: “It’s becoming more and more difficult to get hold of high-value stones. Many deposits in Africa and Latin America are already exhausted. Imperial topazes, blue aquamarines and neon-yellow canary tourmalines, to name but a few.” Typically for this market, the price is also affected by the increased demand and short supply: “Prices for rubies and sapphires have multiplied several times over in recent years”, says Wild, who runs the family enterprise of that name, representing the fourth generation of his family in doing so.
Jörg Lindemann, managing director of the federal association of the gemstone and diamond industry (BVED), also sees gemstones as a good investment option – if the conditions are right: “Gemstones are indeed an interesting form of value guarantee. Unlike currency or stocks and shares, the value of gemstones stays constant over generations. Having said that, investors should only consider very high-quality, top-class specimens.” The expert also advises against buying on one’s own initiative: “A buyer needs a profound knowledge of the market if he is to purchase a suitable stone of enduring value. Buyers should have a very clear knowledge of the situation regarding the demand for or deposits of the gemstone in question. A purchase is not to be recommended without a reputable partner.”
Continue reading Doing things the right way: gemstones as an alternative investment