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Explore Q Report's Content Centre for expert advice on jewellery insurance. You can also read e-guides and blogs, watch videos and more.

Explore Q Report's Content Centre for expert advice on jewellery insurance. You can also read e-guides and blogs, watch videos and more.

Jewellery, engagement ring & watch advice, plus insurance tips & industry insights. 

Watch expert tips, discover insurance benefits & hear real customer stories. 

Find answers to common questions about jewellery, engagement ring & watch insurance. 

Click here to access important policy documents - Product Disclosure Statement, Financial Services Guide, and Policy Wording.

Click here to access the Target Market Determination (TMD) document.

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Australian Diamonds, Tomorrow’s Heirloom Jewellery

Q Report Team

Updated on March 21, 2025
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Australian Diamonds, Tomorrow’s Heirloom Jewellery

Indulging your taste for diamonds shows your appreciation for the finer things in life and your understanding of acquiring things which will last forever. With sensible management of your collection, caring for jewellery becomes akin to caring for family. Strategic investments in exquisitely crafted pieces, coupled with sensible custodianship of these treasures, can in some cases be another store of value. Growing your legacy while enjoying the finer things in life has always been the goal of the astute collector.

Searching for key pieces with which to establish, or expand, your collection draws you into a story. Provenance is one of the deciding factors in the sale of luxury goods and determines each item’s rate of appreciation. Your jewellery portfolio is no different. Chosen carefully, future heirloom pieces gain character and value through their journey from raw materials to bespoke creation at the hands of a jeweller, but also through the memories you share with them once acquired for your personal collection.

Australian pink diamonds can in some cases provide an alternative investment. Argyle diamonds especially, encapsulate all the best potential to enhance a life of luxurious enjoyment and complement a form of value creation. Unique coloured stones are sourced from this ethically-run Western Australian mine, and provenance tracked from mine to jeweller. One strategic purchase weaves you into the historic moment and opens a new connection to the lands which forged these gems.

Creating a signature piece that considers each stone’s story is no easy task. A diamond’s journey begins billions of years ago, hundreds of kilometres under the Earth’s surface. These carbon atoms crystallise into a stable lattice through exposure to intense geothermal heat and pressures. This process turns common carbon into one of the strongest and most valuable materials known to man. Once mined, the diamond-bearing ore is sorted and a refinement process separates the diamonds from the waste ore that embeds them. Once the rough diamonds are extracted, they are graded. Five percent of these rough diamonds are considered suitable for jewellery. These stones travel from their point of origin to polishing centres around the globe. It is this polishing process that reveals the beauty of the stone you may encounter in a piece of jewellery one day. Once polished, each stone is categorised through assessing its size, clarity, cut and colour. The stones are then ready to be set into the jewellery that may grace your collection one day, becoming a vessel to hold the precious memories you share with it.  

How do you manage a collection that is appreciating in value, while still remaining free to enjoy and wear each piece? After all, a sentimental necklace, or favourite pair of earrings, only becomes itself when performing its function: jewellery is made to be worn. In an increasingly risky world, jewellery insurance becomes an elegant option that assures your peace of mind. Being expertly covered through a specialist service provider also prevents the often-frustrating challenges of dealing with general coverage. Caring for your jewellery with coverage designed specifically to suit your collection’s needs, means swifter, more efficient service that is perfectly tailored to your requirements in this investment portfolio. This ensures your freedom to enjoy your pieces actively, or even to leave them safely behind as you travel the world searching for your next collector’s item, building your legacy with tomorrow’s future heirlooms.

GET A QUOTE NOW

 

Find out more about Q Report’s specialised jewellery insurance blog here.

Purchase Amount

To get an accurate insurance quote, please provide the amount from your purchase receipt.

Don't have the receipt?

If you don't have the receipt, you can provide the most recent valuation amount instead.

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Related Posts
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Jewellery Insurance

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play-audio
Listen to article
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Australian Diamonds, Tomorrow’s Heirloom Jewellery

Indulging your taste for diamonds shows your appreciation for the finer things in life and your understanding of acquiring things which will last forever. With sensible management of your collection, caring for jewellery becomes akin to caring for family. Strategic investments in exquisitely crafted pieces, coupled with sensible custodianship of these treasures, can in some cases be another store of value. Growing your legacy while enjoying the finer things in life has always been the goal of the astute collector.

Searching for key pieces with which to establish, or expand, your collection draws you into a story. Provenance is one of the deciding factors in the sale of luxury goods and determines each item’s rate of appreciation. Your jewellery portfolio is no different. Chosen carefully, future heirloom pieces gain character and value through their journey from raw materials to bespoke creation at the hands of a jeweller, but also through the memories you share with them once acquired for your personal collection.

Australian pink diamonds can in some cases provide an alternative investment. Argyle diamonds especially, encapsulate all the best potential to enhance a life of luxurious enjoyment and complement a form of value creation. Unique coloured stones are sourced from this ethically-run Western Australian mine, and provenance tracked from mine to jeweller. One strategic purchase weaves you into the historic moment and opens a new connection to the lands which forged these gems.

Creating a signature piece that considers each stone’s story is no easy task. A diamond’s journey begins billions of years ago, hundreds of kilometres under the Earth’s surface. These carbon atoms crystallise into a stable lattice through exposure to intense geothermal heat and pressures. This process turns common carbon into one of the strongest and most valuable materials known to man. Once mined, the diamond-bearing ore is sorted and a refinement process separates the diamonds from the waste ore that embeds them. Once the rough diamonds are extracted, they are graded. Five percent of these rough diamonds are considered suitable for jewellery. These stones travel from their point of origin to polishing centres around the globe. It is this polishing process that reveals the beauty of the stone you may encounter in a piece of jewellery one day. Once polished, each stone is categorised through assessing its size, clarity, cut and colour. The stones are then ready to be set into the jewellery that may grace your collection one day, becoming a vessel to hold the precious memories you share with it.  

How do you manage a collection that is appreciating in value, while still remaining free to enjoy and wear each piece? After all, a sentimental necklace, or favourite pair of earrings, only becomes itself when performing its function: jewellery is made to be worn. In an increasingly risky world, jewellery insurance becomes an elegant option that assures your peace of mind. Being expertly covered through a specialist service provider also prevents the often-frustrating challenges of dealing with general coverage. Caring for your jewellery with coverage designed specifically to suit your collection’s needs, means swifter, more efficient service that is perfectly tailored to your requirements in this investment portfolio. This ensures your freedom to enjoy your pieces actively, or even to leave them safely behind as you travel the world searching for your next collector’s item, building your legacy with tomorrow’s future heirlooms.

GET A QUOTE NOW

 

Find out more about Q Report’s specialised jewellery insurance blog here.

Table of Contents

Introduction
Understanding the 4 Cs of Diamonds
Diamond Shapes
Choosing a Ring Style
Selecting a Ring Retailer

Understanding Mechanical Movements

Rolex-super-precision

Unlike their battery-powered quartz counterparts, luxury watches have a beating heart – the mechanical movement. First created in the 14th century, large, weight-driven tower clocks with verge escapements and foliot balances marked the dawn of mechanical timekeeping.

Today, the core concept of mechanical movements remains unchanged from its original conception. It involves an intricate arrangement of gears, springs, and an escapement powered by a wound mainspring. This precision engineering allows for smooth operation and precise timekeeping.

Manual watch movements require the wearer to wind the crown periodically. Automatic watch movements, on the other hand, utilise the wearer's movements to keep the mainspring wound, offering a convenient everyday solution.

The Patek Philippe Calatrava, with its ultra-thin manual movement, exemplifies the elegance of traditional watchmaking. On the other hand, the Rolex Oyster Perpetual, with its self-winding mechanism epitomises practicality and durability.

Whether manual or automatic, a mechanical movement imbues a luxury watch with a soul, a testament to human ingenuity and a treasured heirloom for generations to come

Luxury Watch Complications: Exploring Hidden Features & Functionality

Luxury watches often boast 'complications,' intricate mechanisms that add layers of sophistication, style and utility. Here, we explore some of the most fascinating complications created by the best luxury watch brands.

Statistic Heading

Rolex-super-precision

Unlike their battery-powered quartz counterparts, luxury watches have a beating heart – the mechanical movement. First created in the 14th century, large, weight-driven tower clocks with verge escapements and foliot balances marked the dawn of mechanical timekeeping.

Today, the core concept of mechanical movements remains unchanged from its original conception. It involves an intricate arrangement of gears, springs, and an escapement powered by a wound mainspring. This precision engineering allows for smooth operation and precise timekeeping.

Manual watch movements require the wearer to wind the crown periodically. Automatic watch movements, on the other hand, utilise the wearer's movements to keep the mainspring wound, offering a convenient everyday solution.

The Patek Philippe Calatrava, with its ultra-thin manual movement, exemplifies the elegance of traditional watchmaking. On the other hand, the Rolex Oyster Perpetual, with its self-winding mechanism epitomises practicality and durability.

Whether manual or automatic, a mechanical movement imbues a luxury watch with a soul, a testament to human ingenuity and a treasured heirloom for generations to come

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Common Diamond Alternatives
for Engagement Rings

Tanzanite

Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.

Aquamarine

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Sapphire

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Luxury Watch Complications: Exploring Hidden Features & Functionality

Luxury watches often boast 'complications,' intricate mechanisms that add layers of sophistication, style and utility. Here, we explore some of the most fascinating complications created by the best luxury watch brands.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

“Knowing your engagement ring is insured brings peace of mind. Accidents can happen, and insurance coverage alleviates the worry and stress of potential loss or damage.”

Unlike their battery-powered quartz counterparts, luxury watches have a beating heart – the mechanical movement. First created in the 14th century, large, weight-driven tower clocks with verge escapements and foliot balances marked the dawn of mechanical timekeeping.

Today, the core concept of mechanical movements remains unchanged from its original conception. It involves an intricate arrangement of gears, springs, and an escapement powered by a wound mainspring. This precision engineering allows for smooth operation and precise timekeeping.

Manual watch movements require the wearer to wind the crown periodically. Automatic watch movements, on the other hand, utilise the wearer's movements to keep the mainspring wound, offering a convenient everyday solution.

The Patek Philippe Calatrava, with its ultra-thin manual movement, exemplifies the elegance of traditional watchmaking. On the other hand, the Rolex Oyster Perpetual, with its self-winding mechanism epitomises practicality and durability.

Whether manual or automatic, a mechanical movement imbues a luxury watch with a soul, a testament to human ingenuity and a treasured heirloom for generations to come

Export
Expert Tip

Budget Considerations

Diamond shapes can vary in price due to popularity and demand. Round brilliants, for example, tend to be more expensive than other shapes due to their high demand. If budget is a concern, consider alternative shapes or prioritise other aspects, such as cut quality, over the shape itself.

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Jewellery Insurance FAQ

Contents insurance covers the items within your home in case they are damaged, lost or stolen. This can include furniture, electronics, clothing and other personal.  Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.

Contents insurance covers the items within your home in case they are damaged, lost or stolen. This can include furniture, electronics, clothing and other personal.  Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.
Home Security Fortification

An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

An engagement ring is a significant financial and sentimental investment. Specialised.

Travel Savvy

An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

An engagement ring is a significant financial and sentimental investment. Specialised.

Social Media Caution

An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

An engagement ring is a significant financial and sentimental investment. Specialised.

Regular Valuations

An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

An engagement ring is a significant financial and sentimental investment. Specialised.

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Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.

Luxury Watch Complications: Exploring Hidden Features & Functionality

Luxury watches often boast 'complications,' intricate mechanisms that add layers of sophistication, style and utility. Here, we explore some of the most fascinating complications created by the best luxury watch brands.

Home Security Fortification

Contents insurance covers the items within your home in case they are damaged, lost or stolen. This can include furniture, electronics, clothing and other personal.  Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.

Purchase Amount

To get an accurate insurance quote, please provide the amount from your purchase receipt.

Don't have the receipt?

If you don't have the receipt, you can provide the most recent valuation amount instead.

OK

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