Investments in Colombian emeralds
Colombian emeralds are world renowned for their quality, color and purity. These precious gems are not only a symbol of luxury, but also a solid investment that has proven its ability to maintain and increase its value over time. Investing in Colombian emeralds can be a profitable strategy to diversify your portfolio, whether in loose gems or in pieces of jewellery.
When is the best time to invest in emeralds?
The ideal time to invest in emeralds depends on several factors, including market conditions and global economic stability. In general, emeralds tend to increase in value during periods of economic uncertainty, as investors seek tangible, safe-haven assets.
In addition, the growing demand for Colombian emeralds in international markets has kept prices stable, suggesting that any time may be a good time to start your investment.
So here are five of the best times to invest in emeralds:
1. During Periods of Economic Uncertainty
Emeralds and other gemstones often appreciate in value during times of economic uncertainty. When financial markets are volatile and interest rates are low, investors look to tangible assets like emeralds to protect their capital. During these periods, emeralds act as a safe haven, which can lead to an increase in demand and, therefore, in value.
2. Before International Demand Peaks
The emerald market experiences surges in demand in different regions, such as Asia and the Middle East, especially during holidays or important events. Investing in emeralds before these demand spikes can result in significant appreciation in the value of the stones. The increasing popularity of emeralds in modern jewelry design has also boosted their demand, which can be leveraged strategically.
3. During Periods of Low Interest in Alternative Investments
When interest rates on other investments, such as bonds or savings accounts, are low, emeralds become an attractive alternative for investors seeking higher returns. This is a good time to acquire emeralds, as their value tends to increase when other investment options do not offer significant returns.
4. After Important Discoveries of Emeralds
Occasionally, new emerald mines are discovered or significant finds are made that can temporarily affect the price of these gems. Investing immediately after these discoveries, when the market has not yet fully adjusted prices, can offer the opportunity to acquire emeralds at a lower cost before their values stabilize or increase.
5. During High-End Auctions
High-end gem and jewellery auctions are key moments to invest in emeralds. These auctions, organised by prestigious houses such as Sotheby's or Christie's, can offer emeralds of exceptional quality with certified provenance. Participating in these auctions allows you to acquire gems that, due to their rarity and high demand, can quickly increase in value on the secondary market.
What Budget is Required to Invest in Loose Emeralds?
The budget for investing in loose emeralds can vary widely depending on the quality of the gem, its size and its origin. In Colombia, it is possible to find commercial quality emeralds from a few hundred dollars per carat, while top quality emeralds can reach several thousand dollars per carat.
As a general rule, it is advisable to invest in gems of at least 1 to 2 carats to ensure significant appreciation in value over time.
It is crucial to conduct thorough research and, if possible, consult with a certified gemologist before making a significant investment. The authenticity and provenance of the emerald are determining factors in its value, so investing in gems with certificates of authenticity is a sensible strategy. Also consider the costs associated with storing and protecting these gems, as maintaining their pristine condition is essential to preserving their value.
Investing in Emeralds in Jewelry: A Profitable Luxury
Investing in emerald jewelry offers the advantage of combining financial investment with aesthetic and personal appreciation. Pieces of emerald jewelry, especially those created by renowned designers or prestigious auction houses, can appreciate significantly over time. In addition, emerald jewelry not only retains its value, but also becomes a legacy that can be passed down from generation to generation.
As with loose emeralds, it is essential to consider the quality of the gem, as well as the workmanship and design of the jewelry. Unique or limited edition pieces often have a higher appreciation potential.
Paula A. Bonilla
Social communicator and journalist from Sergio Arboleda University in Colombia. She is also a jeweler and is passionate about constantly learning about precious gems and national fine jewelry.
She currently works for one of the most important jewelry stores in Bogotá, Esmeralda by Love. This jewelry store has more than 40 years of experience and has 2 physical branches in the capital of Colombia, located in the city center.