Tuesday, 25 April 2017

Jewellery Investing - Hints and Tips

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.
While brand-new jewellery fills a role in the market, wealth preservation isn't part of it. This general rule doesn't always apply to pieces designed by up-and-coming artists. To have any chance of acquiring jewellery that will be a good investment, you need to buy second-hand. Art Deco jewellery from 1920 to 1935, is worth considering. Anything signed by Cartier, Van Cleef and Arpels, Boucheron, Tiffany or similar will always be sought after because their pieces are of exceptional quality.

The worst possible 'investment' is jewellery containing lab created diamonds. There is virtually zero resale value for man-made diamonds.
See ----->http://highlifelivingluxury.blogspot.ca/2016/03/top-investment-gemstones.html
See ----->http://highlifelivingluxury.blogspot.ca/2017/01/self-managed-superannuation-funds.html