Pastor-Genève News

As Pastor Geneve approaches the busy spring auction season, we have seen several auction offerings in New York and Hong Kong that offer very promising numbers based on reserve estimates and expected selling prices of rare colored diamonds.  The auction houses are expecting a very buoyant auction season as buyers look for rare tangible assets to add to their personal holdings in an environment of low interest rates, volatile equity markets and declining real estate prices.

We continue to see stable offering prices at the dealer level on a global basis and consistent demand at the retail level in emerging markets as severe declines in supply from Australia to South Africa means that replacement values dictate offering prices as high as possible.

Pastor Geneve just had a very successful editorial in the March edition of the Sovereign Society Newsletter and we are working on some very special activities in the Spring, including working with a new representative in Russia who is beginning to market and promote colored diamonds on behalf of Pastor-Genève.