The investment in jewellery is not always just for the way a piece looks. It is not always about buying a gem that is attractive or something you plan to pass down from one generation to the next. Rather, it is about an investment. Just like purchasing a vehicle, putting money into an investment fund, or buying a piece of real estate, each piece can offer a way to build a portfolio of worth. However, not just any investment is going to be worthwhile. Instead, it becomes essential to look at investing in jewellery from a different light.
Buy What You Love
Though investing in jewellery as an investment is an option, it should not be the only reason that you buy. Rather, view this investment as one that is secondary to choosing a piece you love. Buy what you enjoy so it always has and holds its value in the long term. This will make the biggest impact on what you buy as well as on what you hold onto long term.
Choose Based on Materials
The type of material you purchase plays a role in its long term value. Items that are made of the most sought after stones and metals are those that will last the longest and hold their value long term. For example, though the value of gold moves significantly over time, it trends upward over the long term. This tends to make it a desirable investment.
Along the same lines, choose gems and metals that are harder to find. The rare products out there are going to be worth more because there is only so much of that material available. These items, such as platinum, will maintain their value better over the long term. This makes it a better investment.
Buy Vintage and Antique
Another way to buy jewellery that offers long term value is to buy older pieces. While new and designer pieces can be worthwhile investments, these older items are impossible to replace. When crafted with a skilled hand, using old world tools, or perhaps a designer brand that is no longer available, this adds value that is hard to replicate any where else. This makes the piece perfectly suitable for most investors. And, it will show in the long term value of the piece – it is likely to track higher over the years.
Of course, investing in jewellery for the value is always subject to change over time. There is no way to know how much this type of investment will appreciate over the long term. And, there is always going to be a level of risk. Some items may not grow in value that much. The value of the precious metal may fall significantly. Nevertheless, most high quality pieces purchased with care and an eye for true detail will yield long term investment. Take the time to buy wisely with a hand towards being knowledgeably about the piece, the designer, and any other features will give you the best return.