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. Whatever your own reasons are, here are handy tips to remember as you shop around:
Among the first considerations when appraising an item’s value is knowing the materials or materials if is made of. 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. Definitely, all four Cs play a huge part: color, cut, carat and clarity. When it comes to the cut of the stone, it’s better to steer clear of newer, trendier forms and go for standard cuts instead, such as round and brilliant. 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. To illustrate, consider that even with platinum trading lower ounce-for-ounce than gold, platinum jewelry may still retail for higher because it is tougher to work with as a metal in comparison to gold. Notwithstanding platinum’s higher value in retail, it will not maintain such 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. 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, that means you have a wealth of options around you, and there is absolutely no reason not to find something that matches your style or taste. This means as well that there is no need to restrict yourself to one specific shop or jeweler. Make comparisons because it’s the only accurate way of saying that one option is the best for you.