Buying Jewelry As an Investment
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. People often buy jewelry for a reason, such as expressing their personal style, accessorizing an outfit or symbolizing an important life event. In any case, as you go around shopping for a nice piece to buy, here are things to look into:
Among the first considerations when appraising an item’s value is knowing the materials or materials if is made of. For instance, in terms of diamonds, stones more than one carat will often have a larger value compared to diamonds lower than a carat total weight. Without a doubt, the four Cs are all important — carat, color, clarity, and cut. As to the cut of the gem, go basic, like round and brilliant, instead of new and trendy. Remember as well that when shopping for a diamond, color and clarity can be of superior importance to size or carat. Thus, a smaller diamond may be worth getting if it is also higher in quality than a bigger one.
Although diamonds or other precious gems are usually the first thing you think about when buying jewelry, the metals that go into the design are just as 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. Notwithstanding platinum’s higher value in retail, it will not maintain such value on the secondary market. Be sure to check for signs of the metal’s composition before buying jewelry. In terms of gold, 14-18 karat – holds more value than 10 karats.
Aside from the metal’s composition, the jeweler’s workmanship is important, especially if the piece has an intricate design.
Another factor you may consider when buying jewelry is the brand. In most cases, the more popular the brand is, the more expensive it will be, even costume or designer jewelry that may not even be made of precious metals or stones.
The best news is, you will find lots of online as well as traditional jewelry stores these days. 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 because that’s the only way you can ever truly say that you’ve found the one for you.