Things To Look Out For Before Investing In Jewellery

Kevin 

 

There are many reasons why people invest in jewellery, whether this is for a gift or an engagement ring or to hold a piece until it becomes more valuable. In some cultures, it is normal for people to buy gold jewellery as a dowry. When making an investment, it is always a good idea to know what you are looking for, if you don’t, bring a professional with you so they can work on your behalf. In this article, we will go through some tips to help you get the most for your money whilst also buying beautiful pieces.

Ensure You Are Buying At Market Value

Jewellery prices obviously vary between vendors, so it is important to know the market value of what you are looking for. Be sure that you are comparing the same bracelet. If it alters slightly, this can increase or decrease the value. It is important to know that two diamonds of the same size will vary in price depending on the other properties of the diamond such as cut, colour and clarity.

 

If you buy a diamond from retail, you will not be getting the best value as it has already been marked up 3 times before you buy it.  When you buy a product that is being resold at auction, the price of the product will be a fraction of the retail price due to fewer overheads. If you don’t have a professional to help, these auctions will have specialists to help you.

Cheap Doesn’t Equal Value

Buying cheap doesn’t mean you are getting value for money, or a bargain. It is increasingly rare to have found a rare piece in a junk shop for less than £10 so don’t spend all your time going through thrift shops to find your rare vintage sapphire engagement ring as the chances are this is low.

 

Value is when you buy a high-quality product for less. There are many reasons why these pieces will be getting sold. This includes vendors wanting a quick sale, a business selling overstock, police selling old pieces of recovered property, and heirs getting rid of their legacy. There are many different reasons, but going to an auction will be your best bet to get a bargain.

Ensure Authenticity

There are definitely some cowboy vendors out there, so it is essential that you ensure that what you are buying is authentic as you could be paying way more for a fake which is worthless. There are many reputable jewellery businesses that are mostly ran my gemologists, so they have the expertise to price jewellery correctly. If the piece has a GIA certificate or the equivalent, then this is going to be an authentic piece.

 

When you decide to invest in jewellery, aim to avoid fake gemstones, low quality or poorly made jewellery and silver jewellery. Instead, invest only in 18ct gold and platinum as well as quality gemstones and well-made pieces such as a vintage diamond ruby ring as these will hold their value more.

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Kevin