Tips for Investing in Jewelry
When planning to invest in jewelry, your first consideration should be how much you will appreciate the piece, instead what it can give you when you sell it in the future. People often buy jewelry for a reason, such as expressing their personal style, accessorizing an outfit or symbolizing an important life event. 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. For example, if you’re buying diamond jewelry, stones above one carat will usually have a bigger value than diamonds with less than one carat total weight. Without a doubt, the four Cs are all important — carat, color, clarity, and cut. 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. Remember as well that when shopping for a diamond, color and clarity can be of superior importance to size or carat. In other words, it’s better to get a smaller, higher quality stone than a bigger but flawed stone.
Although diamonds or other precious gems are usually the first thing you think about when buying jewelry, the metals that go into the design are just as important. To illustrate, even if platinum trades lower than gold ounce-for-ounce sometimes, platinum jewelry may still be more expensive than gold in retail simply because platinum is usually harder to work with than gold. Regardless of its higher retail value, platinum won’t keep its value on the secondary market. Before you buy jewelry, look for hints of the metal’s composition. When it comes to gold, higher karat pieces (14 karats and up) will hold its value more than lower karat ones.
Aside from the metal’s composition, the jeweler’s workmanship is important, especially if the piece has an intricate design.
Brand is another factor you might want to look into when purchasing jewelry. In most cases, the more popular the brand is, the more expensive it will be, even costume or designer jewelry that may not even be made of precious metals or stones.
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. As well, this means you shouldn’t just limit yourself to one prospective shop or jeweler. Make comparisons because that’s the only way you can ever truly say that you’ve found the one for you.