National Gemstone
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Description: Introduction to collecting and investing in gemstones and colored diamonds, with descriptions of the types most widely traded.
How To Collect Gems For Fun And Profit In the mid-eighties, the Hancock family faced a dilemma. As heirs to a ranching family, they owed the IRS approximately $1 million. Although the family business was asset-rich, they were cash poor. They did not have the money to pay the IRS. The choice was either sell the family business, or sell Mr. Hancock's collection of colored diamonds that he had been hoarding for years. Everyone in the family thought the patriarch was a little crazy for collecting diamonds; but it was his money so what could they say? He enjoyed his colored diamond collection.
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| Date | Creation Date: 23-jun-1997 Expiration Date: 22-jun-2015 |