Out of frustration and fear, I have moved away from traditional investing and focused my attention on alternative investments, like investing in gemstones.
Saturday, 29 September 2012
Branding Can Provide Assurances When Investing in Diamonds
For the second year in a row, National Jeweler’s exclusive year-end survey showed that sales continue to rebound for retail jewellers, with 72 percent of respondents reporting gains in same-store sales in 2011. With all these positive development in the gemstone marketplace, most would agree that brand-intensive marketing is both necessary and desirable, however there is much disagreement as to whether it is only jewelry that should be branded; or whether a branded diamond is a viable option.
Over the last few years, there have been a number of significant efforts to brand diamonds, with the unique “Leo” and “Hearts on Fire;” being the most significant examples. Nowadays, Industry experts believe that the De Beers’ “Forevermark” diamond, will become the new standard; for those investing in diamonds. Though being available for several years now on the world gems market, the De Beers’ “Forevermark” diamond is only being introduced in the United States; sometime at the end of this year. Furthermore, these precious gemstones will only be available, at a few hand-picked retailers.
All “Forevermark” diamonds are graded at the Forever Diamond Institute in Antwerp, Belgium, and according to De Beers, a “Forevermark” inscription indicates that the diamond has met the company’s standards; of assurance, quality and integrity. Each “Forevermark” diamond will have individual inscription on its table, with the “Forevermark” brand and identification number; using a patented technology. It has also been said that this inscription is invisible to the naked eye, as the actual inscription is only one-20th of a micron deep, and can only be seen using a special viewer; which is only available at authorized “Forevermark” jewellers.
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