The Singapore Diamond Mint Company (SDM) has launched the Diamond Bullion™ – a new product for investment. According to IDEX Online, the Diamond Bullion is a “credit card-sized package of investment-grade diamonds in a tamper-resistant sintered zirconia case, with a unique optical signature recognition system and serial number”.
The new product aims to promote investment in diamonds by “providing a standardized, liquid, and exchange-listed format for diamond trading”. The product features a unique inscription technology provided by De Beers Group’s International Institute for Diamond Grading and Research (IIDGR). Each diamond in the case can therefore be identified and authenticated.
The Diamond Bullions “will be exclusively listed on the SDiX, the world’s first fully electronic exchange for trading investment-grade diamonds”. For now, they are available in two case colors of silver and gold “in standard denominations of approximate values of $100,000 and $200,000 respectively”.
