Investing in jewelry can be a wise and rewarding decision. Whether you're looking for a classic piece to add to your collection or a statement piece to make a statement, investing in jewelry can be a great way to add value to your wardrobe. But how can you ensure you make the right choice when it comes to selecting jewelry pieces that are both stylish and a good investment? This comprehensive guide will help you understand the key factors to consider when choosing investment jewelry pieces, so you can make an informed decision and select the perfect piece.
Craftsmanship
While it may not be the first thing you consider when buying jewelry, the quality of the craftsmanship can impact the long-term value of the piece. If you're buying from a designer brand, make sure you check the label and ensure the craftsmanship is up to scratch. If you're buying from a secondhand jewelry seller, make sure you ask if you can see a copy of their appraisal report. The appraisal report will provide information on the quality of the craftsmanship and will be helpful if you want to sell the jewelry in the future.
Authenticity
It's essential to be sure that you're buying authentic jewelry pieces. If you're buying from a luxury brand, you can be pretty confident that the pieces are authentic. These pieces will come with certifications verifying the item and will serve as proof of its value which is especially important for insurance and valuation purposes. Another way is to ask for the jewelry piece to be verified by a third-party authentication service. Authentication services like the Gemological Institute of America (GIA) will ascertain the jewelry piece is authentic and provide you with a report that you can use in the future if you want to sell the piece.
Gems
The type of gemstone used in a piece of jewelry can significantly impact the jewelry's future value. For example, emeralds are more valuable than rubies because they're rarer and are traditionally associated with high-end jewelry. If you're looking to invest in a gemstone, it's worth keeping in mind that rare and valuable gems often have a very volatile price, which means they can be tricky to predict when it comes to future value. For example, the current most valuable gemstone in the world is the natural blue diamond, worth nearly $4 million per carat. It is worth looking into the quality of the gems, too; for example, the better the clarity of a diamond, the more expensive it will be. The bigger the diamond, the higher the cost; as you can see for 2 carat diamond rings, click here to see the price for different gems of this size.
Metal
The type of metal used to make the jewelry piece can significantly impact the piece's future value. For example, gold is generally considered a good investment, whereas silver is often considered a poor investment. However, silver has the advantage of being more affordable, which means it can be a good option for someone on a budget. For those wishing to up their investment portfolio, it can be worth looking into other precious metals, including palladium and platinum. However, yellow gold is still the best metal to choose when buying investment jewelry.
Conclusion
Jewelry is an investment that can add value to your wardrobe and has the potential to be incredibly rewarding. Make sure you research before purchasing your investment jewelry pieces and keep them in a jewelry case when they're not worn to ensure they last a lifetime. If you're buying from a secondhand jewelry seller, don't forget to ask for a copy of the appraisal report. And if you're buying from a luxury brand, check the authenticity of the jewelry pieces.