Invest in These Valuable Pieces if You Plan To Sell Your Jewelry in the Future
Fine jewelry is a significant investment for many Orange County residents. While this investment may be worth it for the sentimental value or meaning to a loved one (e.g. engagement rings), there are many instances in which you want the peace of mind that the jewelry you bought can be resold for a significant portion of its original retail price.
Investing in jewelry can be a great way to store your wealth and get a return on it when you decide to sell the jewelry pieces. However, when doing this, it’s important to consider what types of jewelry will give you the best resale value in the future, or you risk losing your entire investment. If you want to strategically buy jewelry for the best potential return on investment later, here are the three best pieces to consider.
Natural Pearls
Natural saltwater pearls are a timeless classic, making them the perfect jewelry investment. The iconic nature of pearls makes them a great choice for those looking to purchase jewelry with the intention to resell it in the future, as pearls retain their value whether they’re one or 100 years old.
Pearls have historically been shown to increase in value over time, and they’re often considered an heirloom item. True saltwater pearls are also extremely rare, with their rarity — and, therefore, value — only expected to increase as the years go on. The value of a pearl depends on a variety of factors including size, color, and luster, but they can generally cost anywhere from $300 to $5,000+. If you have the money to spare, a high-quality strand of pearls can make an excellent long-term investment and can retain its value even if it’s worn frequently.
Yellow Gold Earrings
Gold is an enduringly popular material that has been treasured for centuries. It never goes out of style, and as such, the value of gold jewelry only continues to increase over time. Investing in gold earrings is a great choice if you’re looking for a classic design that can be worn across any time period and can easily be resold when needed. From simple studs to classic hoops, gold earrings come in a variety of styles that remain enduringly classic over the decades.
To ensure that you maximize your chance for a return on investment, choose a timeless design that isn’t at all trendy, and make sure the piece has quality craftsmanship. Choosing a legacy brand such as Cartier or Tiffany & Co. can also help ensure a higher resale price. It can also help to monitor the spot price of gold. Buying when prices are low and selling when prices are high will help guarantee that you get the most value possible from your gold earring investment.
Red Spinels
Red spinels are a rare gemstone known for their fiery red color and gorgeous sparkle. While this gemstone is not as widely available as other gemstones, such as diamonds, it has become increasingly popular in recent years. However, the spinel’s relative rarity and high desirability are part of what contributes to their high value and even higher resale price.
Since red spinels have become more popular over the years, their prices have skyrocketed. In the 1970s, spinels were sold for just $200 per carat. Today, the price is closer to $2,000 per carat and more closely aligns with high-grade diamonds. Due to spinels’ consistent increase in price over the years as well its increasing rarity, red spinels are a great investment for anyone looking to buy jewelry with the intention of selling it for a profit.
If you’re looking to sell jewelry and want the highest return on investment possible, stop Googling “best places to sell gold jewelry” and choosing the first result you see. Instead, take the time to thoroughly research the best places to sell gold and jewelry and make sure you get the most money possible for your valuable fine jewelry.
At Watch & Wares in Orange, we offer some of the most competitive rates in the area. If you’re looking for a good place to sell diamond jewelry and get top dollar, allow our expert appraisers and gemologists to look over your item. There’s never any pressure or obligation to sell, and we always strive to provide a welcoming and comfortable selling experience. To schedule an appointment for a free appraisal at one of our Orange County locations, give us a call today at 714-633-2030 or contact us online.