Rare diamonds become investment upstarts "BOYET DIAMONDS" unveiled in Shanghai
Not only luxury goods, diamonds can also be invested in and make money. On November 24, the brand-new brand "BOYET" of BOYET Jewelry Group entered Shanghai, attracting investors in Shanghai.
Among the 147 million carats of diamonds mined in 2018, there is only one good diamond for every 10,000 carats. The price of diamonds of different grades is often 3-5 times different. Over the past ten years, the final auction price of rare diamonds has also been much higher than the initial estimated price, and the price of rare diamonds has increased by an average of 166%.
"For consumers, diamonds and other jewelry are mainly used as ornaments, but they can also be used as a means of investment." Su Ruiping, chairman of Boyet Jewelry Trading Co., Ltd., said that from the current global diamond supply and demand trends, the future the price of natural diamonds has room to rise every year.
Established in 2016, Boyet Jewelry Trading Co., Ltd. is a professional diamond company integrating diamond cutting, design, setting, and retail. This year, it was officially approved to enter the Shanghai Diamond Exchange, the largest jewelry trading place in China.
As China's largest jewelry trading place, in 2018, the Shanghai Diamond Exchange's transactions reached a new high again. The total polished diamond imports were US$2.706 billion, an increase of 7.6% over the same period last year. In 2018, the total amount of diamond transactions on the Shanghai Diamond Exchange was 57.84 Billion US dollars, an annually increase of 8.23%.
Boyet focuses on the most investment-worthy top rare flawless white diamond (D IF) grade and Fancy Vivid Yellow diamond (Fancy Vivid Yellow) grade, and both are accompanied by the highest accreditation standard certificate of the Gemological Institute of America (GIA). When Boyet Diamonds entered Shanghai, Boyet also brought many benefits to consumers, including buying BOYET diamonds that can be sold back. The sale price after 12 months of holding is 60% of the original purchase price, and after 24 months of holding, the resale price is 80% of the original purchase price. After 36 months of holding, the original purchase price can be resold and customers can choose to upgrade their diamonds at any time after subscribing for BOYET diamonds, and the original diamonds are redeemed at the original price. In addition, customers also get rebates for recommending Boyet Diamonds.