Jewelry Investment Guide
When investing in jewelry, focus on the joy the piece can give you rather than its potential for earning profit when you decide to sell it. Most people purchase jewelry for a reason – mark a milestone, accessorize an outfit, express their personality, and so on. Whatever your own reasons are, here are handy tips to remember as you shop around:
Among the most crucial considerations for determining the value of a piece is the the material itself that was used to make it. When you talk about diamonds, for example, those that are over one carat will generally have a value that exceeds that of diamonds below one carat overall weight. Of course, the four Cs – carat, clarity, cut and color – are key. In terms of the gem’s cut, it’s usually better to avoid newer, more fashionable choices and select timeless shapes instead, like round and regal. As you shop, remember too that clarity and color are more important than carat or size in some cases. In other words, it’s better to get a smaller, higher quality stone than a bigger but flawed stone.
Though diamonds or other precious stones are typically your first concern when buying jewelry, the metals used in the design are also important. Picture this: even if platinum trades less than gold ounce-for-ounce, platinum jewelry may still have a higher retail price because it is more difficult to work with compared to gold. Platinum won’t maintain its value on the secondary market, even if it is of higher retail value. Be sure to check for signs of the metal’s composition before buying jewelry. When it comes to gold, higher karat pieces (14 karats and up) will hold its value more than lower karat ones.
Besides the composition of the metal, it is also important to consider the jeweler’s workmanship as shown by the quality of the jewelry’s construction, especially with intricate designs.
Another factor you may consider when buying jewelry is the brand. Usually, more popular costume jewelry or designer brands are more expensive, regardless of whether they are made of precious or metals, or not.
The good news is, there are lots of jewelry shops you can find these days, on the Internet or down the street. If anything, it only means you have abundant options, and there is no reason not to find a piece that is most satisfying to you. This means as well that there is no need to restrict yourself to one specific shop or jeweler. Make comparisons as this is the only way you can say that a certain option is indeed the right one for you.