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Diamonds are a Great Investment

The perfect stone may be the perfect place to put your money.

More and more, gem stones and other jewels are becoming a goto alternative investment.

This week, the world’slargest flawless diamond was sold at auction in Geneva. The pearshaped diamond is the size of a golf ball and weighs in at a whopping 101.73 carats. It sold to the Harry Winston Jewelry Group for $26.7 million a record for this kind of diamond. Each carat cost roughly $250,000. The diamond has also been named, dubbed "Winston Legacy."

CBS News

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