Guide – Getting Started & Next Steps

Tips for Investing in Jewelry

When planning to invest in jewelry, your first consideration should be how much you will appreciate the piece, instead what it can give you when you sell it in the future. 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:

Material

One of the most important considerations when determining the value of an item is the material or materials 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. 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. In short, better to get a smaller, better quality diamond than a bigger, flawed one.

Workmanship

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. Prior to buying jewelry, look out for indications 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 Reputation

Brand is another factor you might want to look into when purchasing 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 many jewelry shops you will find these days, both online and offline. If anything, it only means you have abundant options, and there is no reason not to find a piece that is most satisfying to you. As well, this means you shouldn’t just limit yourself to one prospective shop or jeweler. Make comparisons as this is the only way you can say that a certain option is indeed the right one for you.