Tips for Investing in Jewelry
When investing in jewelry, the first thing you should consider is how much you will love the piece instead of how much it can return to you when you sell it later. People buy jewelry for many reasons, such as marking an important event in their lives to simply, complementing or accentuating an outfit, or to simply make a statement. 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. As you shop, remember too that clarity and color are more important than carat or size in some cases. In short, better to get a smaller, better quality diamond than a bigger, flawed one.
While or other precious gems are often what think about first and foremost when shopping for jewelry, the metals that were used to make the pieces are equally 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. 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 yet another factor that may play a significant part in your decision to purchase certain jewelry. 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 lots of jewelry shops you can find these days, on the Internet or down the street. 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. 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.