Diamond Brings Record $21.5 Million, Beatles Art $87,720 – Bloomberg 11-13-12

Salient to Investors:

The Archduke Joseph Diamond sold for $282,545 per carat, a record for a colorless stone.

Geoffrey Munn at Wartski said the best diamonds have become extraordinarily valuable – there’s a scramble to buy jewels as a hedge. Munn said colored diamonds, which have set the highest auction prices, are rarer and more popular.

Read the full article at http://www.bloomberg.com/news/2012-11-13/beatles-sgt-pepper-collage-sells-for-87-720-in-london.html