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. Most people purchase jewelry for a reason – mark a milestone, accessorize an outfit, express their personality, and so on. Whatever your own reasons are, here are handy tips to remember as you shop around:
One of the most important considerations when determining the value of an item is the material or materials used to make it. For example, if you’re buying diamond jewelry, stones above one carat will usually have a bigger value than diamonds with less than one 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. As you shop, remember too that clarity and color are more important than carat or size in some cases. In other words, it’s better to get a smaller, higher quality stone than a bigger but flawed stone.
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. To illustrate, even if platinum trades lower than gold ounce-for-ounce sometimes, platinum jewelry may still be more expensive than gold in retail simply because platinum is usually harder to work with than gold. Notwithstanding platinum’s higher value in retail, it will not maintain such value on the secondary market. Before you buy jewelry, look for hints of the metal’s composition. When it comes to gold, higher karat pieces (14 karats and up) will hold its value more than lower karat ones.
On top of the metal’s composition, quality construction by the jeweler is important, especially with an intricately designed piece.
Brand is another factor you might want to look into when purchasing 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 many jewelry shops you will find these days, both online and offline. 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 that’s the only way you can ever truly say that you’ve found the one for you.