X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

For high-net-worth individuals, precious jewelry is primarily an emotional investment. Lately, fine gemstones are being cherished for another reason — their skyrocketing value.

Rare diamonds in vivid blues, pinks, greens and especially red colors have rung up record prices in recent auctions. The eye-opening sales include a record $57.5 million for a 14.6-carat blue diamond at Christie’s in May 2016, and $31.6 million for a pink 15.4-carat diamond at Sotheby’s the same month. Even great grandma’s precious diamond brooch, handed down through the generations, may be worth a lot more than it was just a few years ago.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.