You’re probably no stranger to investment vehicles. It’s safe to assume, then, that you’ve heard that most people invest in things like gold, property, or stocks. These are the three most common investments that people have been known to favor.
Jewelry and fashion. Fashion and jewelry. Can you really separate the two? When combined with skill, each element makes the other better for the effort.
Fine jewelry can do just about anything. It can make a statement out of jeans and a T-shirt. It can give you confidence when you’re lacking it. And it simply feels special — there’s nothing like the glow gemstones and precious metals give you.
Fashion jewelry is often built around a fad that takes a certain look up a notch — it may become a trend; sometimes it becomes a full-blown classic. Jewelry fads often start with what’s coming down the fashion runway each season — the average woman looks for how she can pull that look together at a price she can afford, then searches for manufacturers who have created less expensive versions.
You’ve seen how the jewelry looks—rings, necklaces, bracelets, earrings. These are all quite light and small. They’re easy to store, hide, and take around with you wherever you need to go. Plus, in comparison with collecting coins, antique vases, or the like, it’s much easier to store and preserve jewelry. Just for these reasons alone, a lot of people have chosen to invest in jewelry.
You don’t need an entire vault for it, maybe just a shelf dedicated for your pieces will do. But storing them mindlessly isn’t the best way to go. Here are ideas on you how you can properly store these investments:
A piece of jewelry is something remarkable. It is anything but ordinary. That’s why it’s important to choose the materials that mean the most to you or the person you’re gifting the jewelry to. From the metals that are used to the size, cut, color, and clarity of the stones that you have placed in the setting, you’re in control. You get to personalize your choices until you’re completely satisfied. The level of satisfaction that comes with creating a custom piece of jewelry for yourself or a loved one is high. It’s somewhat of an achievement to create a gift that no one else can design or buy.
Jewelry pieces can be sold quicker than any other investments you may have, which means it’s very liquid. The fees connected to it can also be generally cheaper when compared with other investment vehicles. This fact is especially true for gold as it can be sold anywhere in the world.
Here are some best practices when selling your jewelry:
You won’t undervalue or overvalue your ring, necklace, earrings, or bracelet. Instead, you’ll know precisely what it is worth at any given time. Our professional appraisers help with the insurance process by providing accurate appraisals at any time of year. It helps to ensure the jewelry for the right amount so that you or the person you’ve given it to is not at a loss if the gift is stolen or destroyed.
That way, it can continue to be worn and enjoyed yearly. If it is passed down to another family member or friend, they can love it as much as the original owner loved it. It also helps maintain the value of the jewelry when it looks its best and is free of broken or damaged pieces. Clean and restored jewelry is every bit as beautiful as it was when it was originally bought. That’s why it’s important to utilize services such as Westwood Jewelers’ regularly.
Fine jewelry is personal, meaningful, and valuable. It makes more than a statement. It leaves an imprint on the heart and an impression on the mind.
It’s the type of gift that is always welcomed. Fine jewelry is handed down to loved ones who appreciate it even more than the original owner did in many cases. It is something that can be sold to a new owner, too, because it retains its monetary value or increases in value.
As you can see, fine jewelry is a sound investment for many reasons. It retains sentimental value as well as resale value for years. When you invest in precious metals and fine gemstones, you know that it is money well-spent. You can always hand it down to someone in the family or have it recreated into a new piece of jewelry.
Not everyone can go into jewelry investing; it requires skill and a particular eye for detail. But for someone who wants to have something good to look at but still be able to earn from it in the future, you can look into investing in quality jewelry today.