I'm exploring ways to diversify my investment portfolio and preserve capital.A close friend, who has extensive connections in gemstone mining and processing, suggested I look into investment-grade colored gemstones. He claims that high-quality stones can appreciate significantly each year and maintain good liquidity. He can offer wholesale prices directly from the source.
The entry point seems accessible, starting from a couple thousand dollars, but to acquire something truly noteworthy, the investment would likely be in the range of $50,000 to $200,000.
Has anyone had experience with this asset class? What are your thoughts on its potential and risks? Also, if you're knowledgeable, could you give a few examples of promising stones and their approximate price ranges in the current market?