At the March Fine Jewelry auction in Boston, we noticed an interesting trend: off color diamonds of size achieved very strong prices. These were diamonds in the K-L-M range, that draw definite color when viewed face up. People used to shun these pale yellow rocks, but now off color diamonds are subject to intense competition and we find them to be selling at a premium.
In order to fare well at a jewelry auction, these stones need to be fairly clean and free of any visible inclusions. Size matters as well: off color diamonds that are 4.00 carats or are in greatest demand at this moment.
If you happen to be the lucky owner of one of these gems (especially if it’s 10.00 carats or larger) all I can say is, “jackpot!” It’s time to sell your diamonds—these stones have never been selling as strongly at auction as they are now.
Just because off color is doing well, doesn’t mean high color is out. The D-E-F range is also selling way above asking prices, and again, size matters! In this case, we love to see stones at 5.00 carats or larger.
If you’re looking to sell diamonds in Boston, choosing auction is always a good strategy. “Why sell at one price to a jewelry store when you can have the world deciding the price?” Gloria Lieberman says. Auction is a true marketplace and can bring a much more competitive price for your diamond rings, necklaces, and other jewelry.
As Elizabeth Taylor knew very well, “Diamonds are a girl’s best friend.”