According to the company official, Scarselli Diamonds had been fielding requests for 20- to 30-carat vivid yellows, 2- to 5-carat intense pinks as well as vivid blue and intense blue diamonds of 3 carats to below-10 carats on the first two days of the show at AWE.
“At the fair, demand has been strong for either large diamonds or small, quality coloured diamonds,” Scarselli commented. “In general, the marketplace has been looking for either very special diamonds with the ultimate strong saturation of colour or diamonds of 15 to 30 carats. People have been seeking bigger sizes because of the mentality that bigger stones are of greater value,” he continued.
China remains a significant market for coloured diamonds, with buyers from the mainland still on the lookout for special pieces, Scarselli said, adding that Russia is also making a comeback. Within the yellow category, requests have been mainly for 5-carat to 15-carat intense yellow stones. Pink, blue, green and orange diamonds are also much sought after, according to the company official.
“I remain quite bullish on the prospects for coloured diamonds in the marketplace. With money appearing to be worth less and less nowadays, it is important to keep wealth in tangible assets. Diamonds should be welcomed by wealth management companies as the next asset,” he remarked.