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. In any case, as you go around shopping for a nice piece to buy, here are things to look into:
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. 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. Remember as well that when shopping for a diamond, color and clarity can be of superior importance to size or carat. In short, better to get a smaller, better quality diamond than a bigger, flawed one.
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. Regardless of its higher retail value, platinum won’t keep its value on the secondary market. Prior to buying jewelry, look out for indications of the metal’s composition. In terms of gold, 14-18 karat – holds more value than 10 karats.
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.
Brand is yet another factor that may play a significant part in your decision to purchase certain 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. 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.