Paragon International Wealth Management Inc.

Investing in fancy colored diamonds is an opportunity that investors should consider. In fact, ever since the prices of fancy colored diamonds were first recorded, they have increased in value every year, with colored diamonds surpassing all other hard asset classes for several years now. So, what do you need to know if investing in colored diamonds is a wealth management choice you’re looking to pursue? Traditional diamonds, of course, have a foothold in the engagement ring industry, but what about their gemstone peers? There are several things you should consider when seeking to invest in colored diamonds. 1.      Colored diamonds are a stable investment  Global economic unrest has caused many investors to rethink their portfolio. Diversifying away from traditional investments into more tangible ones, such as colored diamonds, which have shown to increase in value over time, is an attractive option to investors. Colored diamonds are a form of investment that has

2017 will go down in the record books as "the year of the fancy colored diamond," says  Michael King , Director of Trading for   Paragon International Wealth Management , a  Toronto -based firm that specializes in advising clients on adding fancy colored diamonds to their investment portfolio. A pair of fancy colored diamond earrings set a new auction record this week on  May 16th ,   selling for $57.4 million   at   Sotheby's   Geneva Magnificent Jewels and  Noble Jewels  sale. The Apollo and Artemis Diamond Earrings (CNW Group/Paragon International Wealth Management Inc.) The mismatched pair of diamonds -- one pink and one blue -- were auctioned in separate lots, but were both sold to the same anonymous buyer. The pear-shaped diamonds were named for the Greek deities and twin brother and sister Apollo and Artemis. The 14.54-carat "Apollo Blue" sold for  $42.1 million  and the 16-carat "Artemis Pink" for  $15.3 million . As a pair,

Diamonds – and especially the fancy colored stones – continue to hold investors in thrall, and auction houses are ensuring the fascination endures with sales featuring some stunning selections. The market for diamonds continues on its upward trajectory," said   Michael King , Director of Trading for   Paragon International Wealth Management . "And it's not just the beauty and unusualness of many of the offerings that impress us. The prices are also breathtaking." Toronto -based   Paragon International Wealth Management   is a leader in acquiring and managing hard investment assets, with a specialty in fancy colored diamonds. King noted that   Sotheby's spring sale   this month of Magnificent Jewels and   Noble Jewels   in   Geneva   will highlight the most valuable pair of fancy colored diamond earrings ever sold at auction. The rare stones are the 14.54 fancy vivid blue   Apollo Blue , estimated at   $38 million to $50 million , and the 16-carat