|It may be tempting to think of jewellery as a safe haven of value. However, anyone considering jewellery as an investment needs to choose wisely.|
The notion that jewellery retains its value is ingrained in cultures around the world with the implication that jewellery endures and retains its value over the long term.
|The first caveat about jewellery is that if you buy new from a high end retailer, you will be losing from the start. The retailer usually imposes a 100% mark-up. Then there's the wholesaler's margin and the manufacturer's. You are also paying for marketing. Then there are taxes. If you sell the piece the next day you might get $.30 on the dollar. It might take many years to get back what you paid.|