Diamond investment was Tucao: good hard cash to buy and easy to sell

Recently, the Shanghai Diamond Exchange data show that trading volume in 2012 its exchanges fell, while diamond prices have come down, causing a lot of people interested in investment diamonds. Zakaly Diamond CEO Wu Tao believes more than 1 carat have investment value, Zhang Jing, general manager of Rongfeng auction remind either pawn or auction, liquidation force weaker than diamond. The market situation has stabilized Jiangsu shaped diamond prices diamond Tibetan Culture Communication Co., Ltd. is identified as one of the antique auction company! Annual collection collections, trade, exchange, and a series of transactions in private auction scheme. Contact: Manager Zhou Tel: 15295031271 QQ: 392439051 E-mail address: 392439051@qq.com Recently, the Shanghai Diamond Exchange data show that in 2012 1-12 months, through the Shanghai Diamond Exchange diamond cumulative trading volume of 75,115,400 kt , down 49.3%, the cumulative transaction amount $ 3.868 billion, down 17.8%. Reporters visited the Guangzhou city some jewelry retailers, their feeling is that compared to last year, the current diamond prices overall fell by almost 10 percent, many businesses are playing by the end of promotions to attract consumers, especially diamond pieces prices fall more like a 30 (1 carat is equal to 100 points) broken loose diamonds on the network will have five or six thousand transactions, while in previous years the price of seven or eight thousand dollars. However, diamond jewelry prices changed little. "Our prices and the first half is not much difference." Zakaly Diamond CEO Wu Tao told reporters that there is indeed a traditional retailers to reduce the portion of the bare diamond prices, but price fluctuations reflect wholesale market is not obvious to the terminal, After all, the decision diamond jewelry price, in addition to loose diamonds, as well as labor, design and other costs. In addition, after the burst of the Russian diamond giant to discover whether 2013 would affect diamond prices, Wu Tao that "will not affect" his analysis, the Russian diamond mines in the exploitation phase has not yet fully developed, in terms of quality, mined only as an industrial drill, no direct impact on the jewelry market. Investment advice "Carat premium" current market is the most common white diamonds, prices are mostly concentrated in 10 million. However, not all diamonds have hedging and investment functions. In the diamond industry, the industry believes that it has invested more than 1 carat value appreciation. Zhang Jing, general manager of Shenzhen-peak auction house, told reporters, "to enter the auction of diamonds, which are mostly more than 1 carat." He said that amount is generally small diamond pieces of relatively high prices by the big market impact, g investment appreciation limited capacity, and more than 1 carat of diamonds only a small number, but the key is recognized by the international diamond market it. For example, in European and American banks diamond can mortgage, but only with large certified diamonds of 1 carat or more, but less than 1 karat diamond only a small certificate, bank and admit. This leads to the concept of "carat premium", ie the weight of one karat diamond prices will jump at the change in the price gap 0.99 kt and 1 carat diamond of a big difference. "Appreciation of large carat diamond each year about 10% -20%." Wu Tao said, "Two years ago a customer buy from us a 3.62 karats of loose diamonds, which is about 720,000, and now this specification are on Millions of. "Of course, in addition to weight, diamond color, clarity and cut of its impact on the value of the key points. Industry-recognized standards, in general, to the G-color (near colorless) or more, clarity grade in VVS (at times only a magnifying glass is difficult to see flaws) or more, cut grade in "good" or more, will they be collection value. It is understood that a combination of factors influenced these, a bare one karat diamond market ranging in price from a couple of thousand to a hundred thousand dollars. Investment risk compared to buy and easy to sell hard "hard currency" the poor liquidity of diamonds is one of its investment bottlenecks. "Diamond recovery have not yet smooth channels, we have not yet recovered only retail business." Wu Tao said he also thought about doing repo business, but because the main business is wedding ring, when market research found that many people are reluctant to buy " others have worn the ring, "he had to dispel the idea of ??repurchase. He said that currently the main channel known diamond cash is pawn and auction. For people who have ordinary diamond on auction is not realistic, and the auction sale of the diamond seems to have "complain." "Engaged in diamond jewelry auctions are mainly concentrated in Hong Kong, Guangdong and do little diamond auctions, we also test the water in nature, do a lot of trouble." Zhang Jing said, the first is to shoot the diamond carat diamond, the second is the need for identification certificate issued by the agency, but he found the diamond gets here, buy some guests from abroad, some purchased from the Mainland, the identification certificate issued by businesses are diverse, there is no uniform standard, fear does not endorse bidders, the auction house only to re The province has lots to qualified jewelry appraisal agencies, and then issued a standard certificate, "very complicated, do not do after the sale of diamonds is hard to say." And in pawn shops, cash is not enough attractive diamond. To the ring, for example, reporters were asked about the market several pawn shops, some only in very low discount rate pawn as diamond rings, diamond rings and some do not accept the pawn. "Customers are mostly diamond ring from the mall and other channels to buy in, it's 'value-added' many, such as shop rental costs, the purchase of circulation costs, plus processing costs, brand value, expensive, but in the pawn row To eliminate this, look at the value of the diamond itself. "A pawn industry insiders say Click to count, usually purchased from the mall compared to the original price, the price to be given pawn on this basis, to make a three Sizhe . Jiangsu shaped Tibetan Culture Communication Co., Ltd. is identified as one of the antique auction company! Annual collection collections, trade, exchange, and a series of transactions in private auction scheme. Contact: Manager Zhou Tel: 15295031271 QQ: 392439051 E-mail address: 392439051@qq.com