Not only among the most abundant colour of Natural Fancy Coloured Diamonds as found in nature but also the most popular colour amongst buyers, Natural Yellow Diamonds or when referred to by their more popular name: Canary Yellow Diamonds are deemed by all and sundry to bet the iconic coloured diamond.
The Ellendale Diamond Mine in Western Australia, which has a remaining mine life of only 18 months, has been said to account for approximately 50% of the world supply of fancy yellow diamonds.
With greater consumer education and the huge growth in popularity of Natural Fancy Coloured Diamonds in general (yellow diamonds in particular) the difference between an inferior colourless diamond and a sparkling fancy Vivid diamond is something that even a novice can appreciate.
This growth in acceptance, appreciation, knowledge and demand for Natural Fancy Yellow Diamonds coupled with their drastically declining supply makes the characteristics of this investment extremely compelling.
There is a huge demand for Fancy Yellow Diamonds at auction and this is especially reflected by the high prices being paid for Fancy Yellows over the past 15 years. In fact, in December 2011, a record was set for a yellow diamond when the Sun Drop diamond was sold at Sotheby's for USD12.36 million.
Between the years 2002-2012, the price of a 1.00 carat Fancy Yellow Diamond appreciated 193% over a 5 year period and 322% over a 10 year period! This is an annualized return of 38.6% and 32.2% respectively. When you consider that this data includes the Sub Prime Mortgage Crisis of 2007/08 (when the price of yellow diamonds barely declined) this outperformance is even
Tiffany & Co. financial reports showed that since Q1 of 2010, the price per carat paid by Tiffany & Co. to Kimberly Diamonds (the operator of the Ellendale mine) for its Natural Yellow Diamonds has almost doubled to over $5,000/carat.
For several months I had considered investing in Fancy Colored Diamonds. I heard all the negative jargon about unscrupulous people in the diamond business and how you could be taken to the cleaners, sort of speak. However, I called Northern Cross Diamonds and spoke to Stephen who is the owner. My experience with him from the early process to the actual purchase of a Fancy Colored Diamond from him was quite a journey. He urged me before buying the diamond to do my own due diligence by comparing the price and quality. Needless to say I did not find one of like shape, color, clarity or price that would have changed my decision. If you would like to speak to me directly for more information you can get my telephone number from Northern Cross.
Working with Northern Cross Diamonds was great! The staff was very knowledgeable and provided me with a great deal of information about the canary yellow radiant cut diamond that I purchased. They wanted to make sure that I understood everything about the stone before I made my decision. The price was very competitive, less than other diamond providers. Once I had made my decision to purchase, the process and delivery time was very quick. Now I have a beautiful and valuable diamond in my possession, thanks to Northern Cross. I hope this helps spread word about your services.
I have used Northern Cross Diamonds for the last couple years. I have a full time job, rental properties, stocks and mutual funds, yet I am always looking for new investment opportunities. Meeting and dealing with the professionals on staff (especially Stephen) has pointed out creative ways of maximizing the investment potential within coloured diamonds. They are always there to answer questions when I am curious on making a new investment and the experience has been nothing but great!
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All of our diamonds are Guaranteed Natural Coloured are GIA certified and 100% Conflict-Free.
Northern Cross Diamonds fully stands behind every single product that we sell. If you are unsatisfied with any portion of your transaction we will provide a 100% refund of our product within 30 days of purchase. No questions asked and no obligations. That is our promise to you.