Buying Jewelry As an Investment
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. Most people purchase jewelry for a reason – mark a milestone, accessorize an outfit, express their personality, and so on. In any case, as you go around shopping for a nice piece to buy, here are things to look into:
Among the first considerations when appraising an item’s value is knowing the materials or materials if is made of. 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. Definitely, all four Cs play a huge part: color, cut, carat and clarity. 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. Also keep in mind that clarity and color may be more important than size or carat. In short, better to get a smaller, better quality diamond than a bigger, flawed one.
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. 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. In terms of gold, 14-18 karat – holds more value than 10 karats.
On top of the metal’s composition, quality construction by the jeweler is important, especially with an intricately designed piece.
Another factor you may consider when buying jewelry is the brand. Typically, popular designer or costume jewelry brands are pricier, whether or not they are made of precious gems or metals.
The good news is, there are many jewelry shops you will find these days, both online and offline. If anything, that means you have enough options to choose from, and there is absolutely no excuse for not finding a piece that you really love. As well, this means you shouldn’t just limit yourself to one prospective 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.