Is It Worth Investing in Jewelry?
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A piece of expensive jewelry is not just a luxury fashion accessory but can also be looked upon as an investment. Investing in jewelry has been a tradition in most families of India for generations. However, in the present times, one might wonder if it’s really worth investing in jewelry or is it only a misguided tradition? Let’s find out.
What do the Experts Say?
Renowned jewelry experts and craftsmen believe that there are two sides to the happiness of buying Jewelry – one of the present and the other of the future. Investing in certain types of jewelry gives you the happiness of owning beautifully crafted and rare pieces of earrings, necklaces or rings, and in the future, these serve as a good investment. But from the investment point of view, it is important to know the type of jewelry you should put your money in and its resale value.
Let’s say, for instance, Vintage jewelry pieces are not only the most sought after in terms of fashion but also the most valuable. The price of vintage jewelry pieces keeps on rising as they age. Vintage necklaces of the early 1900s are worth a fortune in today’s time due to the constant rise in their value.
The next best jewelry pieces to invest in are the ones crafted by master designers. Top designers leave their mark on the jewelry piece, even if it is a ring, which may be too small to be seen with the naked eye. Identified pieces of jewelry by famed designers are sold at a price more than one would expect.
Jewelry as an investment rides the waves of the market as any other form of investment. You must have the patience to ride along while maintaining the preciousness of the jewelry.
Jewelry is not for those looking at short-term investment. Your precious piece of antique necklace is definitely going to cost you more than what it did 20 or 30 years ago. So, it is important to buy the right piece of jewelry like a ring for your special someone, the price of which will only appreciate with time. Remember, you can reap great rewards if you invest in your jewelry wisely!