Does Jewelry Go Up in Value?
You’re looking to make a wise investment in something that is not only beautiful but actually increases in value. Unlike a piece of artwork like a painting or sculpture, the benefit of investing in luxury jewelry is that you can actually wear and enjoy it without compromising its value! As long as you select the right jewelry and care for your pieces properly, your jewelry will appreciate in value for years to come.
Before you commit to an investment piece, it’s crucial to understand the quality and durability of fine luxury jewelry. What specifically makes it worthy of buying it and keeping it as an investment? How can you ensure your jewelry goes up in value? Keep in mind a few pieces of advice:
#1 You don’t need to buy new in order to make an investment. Pre-owned luxury jewelry can and will appreciate in value. In fact, due to the fact that this jewelry is going to be much less costly for you up front, you can actually make more money in the long run. You can find designer pieces for a low price, enjoy them for years, and be slowly making more money. It’s the perfect investment! Speaking of designer pieces, this leads us to our next point…
#2 Select jewelry made from well-known and reputable designers. Jewelry does not necessarily need to be covered with diamonds to be a worthy investment. Many times, the name brand is what gives the piece value. Chanel and Rolex are two perfect examples of this. They are both widely recognizable brand names that increase the overall value of the piece and continue to increase over time. The high-quality materials and craftsmanship, combined with the respected brand name, means designer pieces can be even more valuable in the future than their current retail price tag.
#3 Select high-quality, unique pieces. Jewelry has an intrinsic value no matter who makes it, as long as it is genuine. Pieces made of gems like diamonds, emeralds, rubies, pearls, and sapphires that are set in platinum, gold, and silver are valuable in their own right. This will not change any time soon! The pieces with the most investment potential have a level of craftsmanship in addition to scarcity that makes them stand out from the rest. Anything that is unique will appreciate beyond the value of their metals and gems alone.
#4 Gold is a sensible investment. Even if you weren’t someone who particularly cared for jewelry, you’d be hard pressed to ignore the long-term value of gold. The demand for gold does not fluctuate. Instead, its value has steadily increased over time. In 1975, one ounce of gold was worth $79. Today, it’s worth $1,790 an ounce. Even adjusted for inflation, this is nearly a 200% increase!
Certain luxury jewelry, including rings, bracelets and earrings, can be a great investment. We encourage you to shop our collection of pre-owned luxury jewelry and select a piece you will wear now and save as an investment for a future time.