How Jewelry is an Investment |
| Date Added: May 15, 2015 07:59:38 AM |
| Author: Rajesh Prajapati |
| Category: Shopping: Jewelry |
| Every year, jewelry auctions make millions of dollars and sell the most legendary and iconic high-prized statement pieces of royals and celebrities. In a recent Sotheby's jewelry auction Magnificent Jewels and Noble Jewels, a total sale of $149.9 million was achieved. This made a record of earning the highest price for a massive 25.59-carat, flaming red Burmese Ruby ring sold in New York for around 28,250,000 CHF. The auction featured exquisite jewelry collection from the priceless assets of Mary, Duchess of Roxburghe, in Geneva.
Nonetheless, only precious diamond and gemstone jewelry can earn such impressive and incredible prices. The rule is simple: the costlier you purchase, the bigger is the investment. Diamonds, sapphires, emeralds, rubies and tanzanites are extraordinarily gorgeous crystals to own and make an investment. Their value doubles with time, especially when they are naturally mined and handcrafted with intricate settings. Thus, consumers need to be very careful while making a purchase. Shoppers tend to overlook significant attributes of jewelry buying, whether it is brick-a-mortar or online purchase. Though this process needs deep analysis and expert advice, but consumers can look for some basic aspects as authentic jewelry stores rarely falsify. Legitimacy of metal type: platinum, yellow gold and white gold and stone color are few things one can look through and verify. Further, if your jewelry is certified by Gemological Institute of America (GIA), you need not worry at all. It will be the most genuine asset for a lifetime. Shopping for high-end jewelry is the biggest savings one can make along with adding a luxurious and stately bling to jewelry collection. With super fine appearance of dazzling diamonds and vivid gemstones, jewelry stores ensure intricate stone settings and authentic metals used in their creation. They also guarantee highest quality, i.e. "heirloom quality" of stones, which ought to make the piece more expensive than any of its good or better quality imitation. Undoubtedly, such refined jewelry yields better returns when resold. Further, a rare and exclusive, fine jewelry piece is always valued higher and better. Even brides-to-be search for some one-of-a-kind bridal jewelry ensembles to make a statement on their big day. Some of them hire or buy it from several esteemed auctions to stun her friends and stand out arresting all attention towards her. On the contrary, many young and modern women express their warm sentiments for their mothers, grandmothers and mother-in-laws. They love timeless jewelry from their mother's and grandmother's wardrobe and embrace them on their wedding day. Thus, expensive diamond and gemstone pieces can prove to be the smartest and insightful venture as they can be bequeathed to future generations. For the best buy, a warranty card along with your precious bling is a must-have. Several local and online stores provide customers with a warranty of one-two years, either by paying an extra amount or for free. Even if you are asked to invest $50 for getting a warranty card, do not hesitate to put in these extra dollars as they are worth making. Some online stores like Angara.com (the leading diamond and gemstone e-Tailer) offer a warranty plan of five years. The best part is that if customers do not get to use the services of the plan within those five years then they can either opt for renewing the plan or use that amount during their next jewelry purchase from the store. Such jewelry protection plans are highly rewarding and profitable. |
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