The most stable and hardest currency in the world

There are several options available for the secure storage of your investment diamonds. You can store smaller quantities of diamonds with a more limited value at home, but if possible, use a dedicated safe. However, for larger quantities and particularly valuable specimens, external storage is generally recommended. The following options are available:

Safe Deposit Box

Storage in a safe deposit box offers optimal theft protection for your diamonds. Privately owned diamonds are generally insured in a safe deposit box. However, especially for larger values, you should definitely clarify the scope of insurance coverage in advance.

However, this option for diamond storage also has disadvantages. Banks are required to report the personal data of safe deposit box owners to the authorities. Under certain circumstances—for example, in the event of disputes with the tax office—the government can legally gain access to your safe deposit box.

Safe Deposit Boxes from Private Providers

The alternative to a safe deposit box is to store diamonds with a private provider. The security standards of such companies are just as high as those of a regular bank. However, setting up a safe deposit box does not require the official reporting of customer data. It is also important here that investment diamonds in a private safe deposit box have sufficient insurance coverage.

Duty-free warehouses

The fourth option for storing investment diamonds is a duty-free warehouse. They offer secure and discreet storage – in practice, diamonds and other valuables are often stored here for years and decades. Insurance for the diamonds at their current market value is usually included in the storage fees. Duty-free warehouses are particularly attractive for owners of investment diamonds for reasons of return, as both purchases and sales of tangible assets can be made VAT-free with this type of storage. Of course, maximum security standards are also guaranteed in a duty-free warehouse.

Important – Documenting Your Assets

We can also advise you on how you or your clients can optimally store investment diamonds. Your wishes are the deciding factor. If necessary, different storage options can also be combined.

Regardless of the storage method, it is important that you document your ownership and property rights to the diamonds so that you don't experience any unpleasant surprises in the event of an insurance claim. Purchase contracts, certificates, and photographic documentation serve as proof of the type, quantity, and value of the diamonds. These documents should be kept in a separate and secure location.