In the past decade, New York real estate, US equities, and gold have all been outperformed by jewelry assets. As a matter of fact, the demand for diamonds reached an all-time high in 2017, although the peak was short and the global sales gradually declined in 2018. This shows two things: the volatility of the market and the strength of jewelry as an investment. If you plan to sell gold jewelry or some other pieces, now is the best time to get started.
Experts believe that if you’re in it for the long haul, then there is definitely money to be made. This is why more and more people are investing in jewelry. They get to enjoy the items and then pass it down to their children as financial assets.
So, what jewelry pieces could potentially become great future heirlooms? Here are some ideas for you to consider before you make that big purchase.
Guide to the best types of jewelry to invest in (Image Source: Pexels)
According to The RealReal, Foundrae necklaces hold 106% of their value on resale in today’s market while Alhambra necklaces have an impressive 113% resale value.
The famed four-leaf clover shape of Alhambra was introduced in the late 1960s. Now, it is quite a staple for the biggest celebrities such as Kate Middleton, Mariah Carey, etc.
Another good great option is natural saltwater pearl necklaces. They are rare and a majority of them are hundreds of years old, which is why they’re often featured in antique jewelry collections.
For the best resale value, it’s best to get Foundrae and natural saltwater pearls with additional gemstones or from a famous designer.
The best thing about investing in commodities like gold is that they’re always in demand. Gold prices were quite cheap at the start of the millennium ($320 per oz.). In 2011, however, it skyrocketed to an all-time high of $1802 per oz. Though there were ups and downs in the market, the price of gold is still relatively high. Based on the statistics, it will continue to rise in the coming years.
A great investment would be Anita Ko earrings since these hold an impressive 71% of their original value. Another great example is the Cartier Juste un Clou Bracelets. The iconic nail design was introduced in New York during the carefree era of the 1970s. Now, it’s considered as a must-have jewelry investment as they can retain 106% of their value and are extremely in demand.
Spinels of any color weren’t as popular when they first arrived in the market. In the 1970s, they were sold for a meager $200 per carat. Throughout the years, however, the prices steadily increased. In 2015, the price jumped all the way to $50,000 per carat for red spinels from Tanzania. The reason behind this is the high demand for designer jewelries with candy-colored collections.
For jewelry investors on a budget, there are $5500 per carat spinels, but they’re becoming harder and harder to find.
Tips for choosing your investment jewelry (Image Source: Pexels)
It’s clear that jewelry is more than just a luxury. It is a smart investment that you can count on in the future, especially since its value tends to appreciate over time. If you plan to sell gold jewelry and other heirloom jewelry, choose from any of the options above. You can also visit our Colorado jewelry stores to have them custom-made by our expert jewelers. Our jewelers have decades of experience and expertise in jewelry design so they can create the perfect heirloom piece for you.
Whether you are looking to buy or sell gold jewelry, Lane Mitchell Jewelers is a trusted name in the Colorado jewelry industry.