Diamond can only be re-sold for half, or 6o% of the price, so it is not exactly value preserving. While gold, a traditional value-maintaining merchandise, has become unprecedently expensive due to speculation. The price of K gold, of which having gold as its main ingredient, inevitably rise as well. In a market like this, what other cost-effective products do we have? Why is moissanite platinum ring a wise choice?
1. Diamond is expensive, but not value preserving
You may have heard of how diamond can maintain its value when buy a natural diamond. But is this true?
Most diamonds do not worth in term of investment. Diamonds could be re-sold easily, but that only apply to diamonds of 1 carat or above, at certain grading of color, cutting and purity and have certificates issued by international appraisal institute. Even with all these conditions met, diamonds can only be re-sold for 50-60% of its original price. Therefore, saying “diamond is value-maintaining” is not accurate. Instead, depreciation is pretty common.
While moissanite cannot be re-sold for a good price, it only cost 5-10% of diamond and is very similar to diamond both in terms of appearance and quality. For example, a 1 carat diamond being re-sold for 60% of the price means a loss of HK$20000. And this amount is enough for a purchase of ten pieces of 1-carat moissanite.
2. Moissanite has similar quality as diamond
Moissanite becomes a popular substitute for diamond for some good reasons.
The appearance, physical component, shine and spark of moissanite are extremely similar to that of diamond. It is very difficult to tell diamond from high grade moissanite with naked eyes.
Diamond has a hardness of 10, and moissanite has 9.25, which is just slightly lower. Such hardness means moissanite is very resilient against grinds and scratches.
Moissanite also has similar reflection rate as diamond, so when handled with brilliant cut, a cutting usually use on diamond, moissanite can give out similar shine as diamond. It would look even better if it has high purity and little flaws.
The appearance of a diamond could be directly affected by its purity, while moissanite is high-quality lab grown gem of which the purity could reach the diamond level VVS or even higher grade. That means moissanite has almost no flaw.
3. The price of platinum has the potential to rise
Platinum is the rarest metal on earth for the time being, and its excavation rate is way lower than that of gold. Platinum is mostly more expensive than gold during 1985 and 2011. Due to economic reasons in the recent years, gold become a relatively risk-free investment and thus the price of gold also reach its peak over the last 35 years. Therefore, some analysis suggests that the rise of gold price is reaching an end. On the contrary, there is lots of room the price of platinum to rise.
4. Platinum and moissanite are everlasting
We pursuit the shine, beauty and everlastingness of natural diamond. But we eventually have our own diamond ring, we tend to leave it inside the safe or jewelry box because of how valuable it is. If so, why should not one consider buying moissanite, which share similar quality with diamond?
Moissanite can be lasting. Like diamond, the spark and shine of moissanite will never change. Even if it is stained, the stain will only stay on the surface and can be cleaned easily.
Platinum is a pure metal. Its natural silver-white color could not be eroded or go away. Moissanite platinum ring, therefore, will never lose it shine and will be as everlasting as one desire.
5. Your money could be spent on something more meaningful
When you plan to buy a diamond of 1 carat, F-G color, VVS-VS purity and EX cut grade, you are about to spend HK$50000 or more. But a moissanite of similar quality would only cost a few thousand dollars. If you want a moissanite as the main stone of your ring, you will only need to spend one-tenth of you originally need to spend.
You could be less worried about the price, while spending more on other things, like wedding photo or honeymoon trip. You and your partner thus could experience something more unforgettable.
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