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Is expensive diamond jewelry a smart investment?

Results so far:

Yes
43% 136 votes Total: 315 votes
No
57% 179 votes

by Aerynne Aiudi

Created on: April 30, 2009

The diamond has an interesting history in the African culture. In the days of the early slave trade, diamonds were the main reason people journeyed to the dark continent to "cash in" on their share of the diamond booty. Many lives were sacrificed as a result of greed. The blood spilled for the sake of the diamond has made it the gem of choice and great value.

The diamond is also most associated with true love. When a young man seeks the hand of his beloved, he tries to get a diamond more than any other gem featured to express his ardor for his lady fair. The bigger the stone, supposedly the more love he has for his intended. Women know this reality too, and play it for as much as it is worth, unfortunately allowing greed to rear it's ugly head once more.

Having said the former sounds like I would NOT be in favor of using diamonds as a major investment. But I do believe that diamond jewelry as well as gold jewelry is as sound an investment as one can make and I'll tell you why. Diamonds and gold most often appreciate in value as time goes on, the diamond most often leading the way. If I had a choice between an emerald as an investment opportunity and a diamond as an investment opportunity, because of the very greed factor that spilled the blood of many in the quest for diamonds, I would choose a diamond for my heirs because I know they'd be guaranteed a bigger pay out than with any other stone.

The optimum would be a diamond surrounding another stone, for example a ruby or a choice garnet. The larger the stone, the more precise the cut of the diamonds surrounding the latter, the greater the value of the piece of jewelry. Jewelry in and of itself as well as coins are a great investment.

Whatever the reason for getting the biggest diamond stone, be it because of true love and passion and romantic intention, or to ensure that your descendants will be duly remunerated once they have resolved the sentimental factors associated with their piece of jewelry intended for sale, and come to the point where they can part with grandmother's engagement and wedding set purchased so many decades ago by grandpapa, a diamond is not only a girl's best friend but a sound investment when considering what to leave to my heirs to help them get a greater financial start in life when that time comes for them to make that decision. Diamonds are a good investment in the long run of things, and jewelry and coins overall, the best investment because time appreciates the value of same substantially.

Learn more about this author, Aerynne Aiudi.
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