They say that “Diamonds are forever” or something like “Diamonds are a girl’s best friend.” Indeed, gemstones and jewelry will forever become synonymous with wealth, status, and power. These small but valuable items can skyrocket a person’s image from a literal “Rags to Riches” perspective. These treasures have been the reason why conquest and wars between ancient empires happen.
Nowadays, jewelry is a standard for beauty. However, for some, beauty is just part of the reason why people have such precious treasures. Family heirlooms for example, often consist of jewelry handed down from generation to generation. Finding one in an old house can mean an instant turnaround when it comes to the state of living.
For those who understand the value of jewels and precious stones, investments are the intent. The price of gold and precious gems will only go higher as time passes. A rare spider brooch made by a famous jewelry company, Fabergé, was priced $15,000 which later became a staggering $80,000. This pricing only goes to show that the actual value of jewelry and gemstones only become higher as time passes.
Here are some tips to look out for when planning to buy jewelry as an investment:
New isn’t Always a Good Choice
When it comes to jewelry and investment, a lot of people think that buying high-end, brand new, and designer pieces are the ones that fetch the most money in time. They later get disappointed, only to find out that this isn’t always the case. Take for example this situation: A woman buys an earring at a high street retailer for $100. When you sell it back the next day, you’d only get $30 for that earring.
A lot of people fall for this trick and end up buying jewelry that’ll take 30 years to bring in the original cost of buying the piece.
No Assurance for Vintage and Antiques
Good investments lie within an antique and vintage jewelry. Most of these pieces are from a source that has a lot of low asking prices. Most of these pieces are family heirlooms hidden just about anywhere. The spider brooch from Fabergé mentioned above was found in a family attic. However, antiques aren’t usually a guarantee that they’re going to sell big.
Most experts say that Art Deco jewelry made in the late 1920’s are the most valuable. Their values increase even more when Cartier or Arpels sign these pieces. Precious stones like diamonds also grow in value with time, especially if they are more than five karats in size. For example, old pieces of jewelry who sport such diamonds are often removed and replaced with smaller ones. This switch is the reason why it’s so difficult finding old diamond rings and other types of statement jewelry.
Going for the Good Ones
For a person without knowledge, any piece of jewelry is excellent as long as it’s authentic and has a name. Style plays a significant role in determining the value of a piece. For example, Victorian Jewelry is no doubt, authentic and has high value but has a notoriously small market. Most sellers will have a hard time selling Victorian pieces because of their association with grief, mourning, and sentimentality.
Georgian Jewelry which also has a small market is such a rare commodity because of its style and appeal to most buyers. Compared to pieces like the Victorian, Georgian jewelry are more likely to get purchased by collectors and buyers. Another part that appeals to most collectors is the Art Nouveau designs which utilize glass, enamel, and precious gemstones which go with most trends today.
Learning to Wait
As mentioned earlier, the price of these valuable possessions goes up with time. Learn to watch out for trends as to determine when to sell your pieces. An investment doesn’t have to consist of gold entirely. It can be made up of valuable silver pieces, pearls, and rare gems. A diamond crusted ring bought for $1000 today might end up in an auction and sell for $5000 in 3-5 years time.
Investing in jewelry certainly isn’t a bad thing. However, as with investments, there are always risks involved. There are also several factors that a buyer should know if he intends on purchasing pieces for investments. Factors such as knowing the styles of jewelry and the impact that time has on certain jewelry all determine the real value.
When it comes to choosing jewelry, it’s so easy to go for classic pieces which just look the same as everyone else’s. But then you will blend in with the rest of the crowd, and it will be hard to make your outfit look fantastic. And you will be surprised how much of a difference jewelry can make to your whole outfit. In fact, if you go for unique jewelry, it will turn heads when you are walking down the street. Therefore, here are some ways you can stand out from the crowd with your jewelry.
It’s so easy to go for modern pieces that you might find in the store when you are choosing jewelry. After all, you can easily pick something which is bang-on trend from the high street stores. However, if you want to stand out from the crowd, you should go for a classic piece instead. After all, if it’s a vintage piece, it will help your outfit to stand out. You will get comments aplenty about the stunning necklace or ring which you are wearing. And vintage is on-trend, so you can stay in the height of fashion while doing something different with your jewellery. You can either raid the thrift stores or look closer to home by asking your mom or grandma if you can use some of their old jewelry. And then you can ooze some old school glam like actress Amy Adams does every time she hits the red carpet with her vintage jewelry!
A lot of people are walking around with similar rings on their fingers. After all, you can get the same old diamonds from every store. But while you are likely to get compliments, it’s unlikely to help your outfit to stand out. Therefore, you should opt for a custom diamond ring which will be different from everyone else’s jewelry choices. One way you can do this is by buying the diamond first and then creating a ring after with the stunning loose diamond. For example, you can get a 2 carat diamond from Diamond Registry which can then be converted into a gorgeous ring. And by choosing a unique diamond, you can ensure your ring stands out when you are out and about. Not only this but it can make your whole outfit look expensive if you have a unique ring!
Choose a color which is less common
When it comes to picking out jewelry, a lot of people go for the same old colors. After all, they tend to go for a classic black or gold. But a lot of the time it can just blend in with their outfit. So it doesn’t look eye catching and is easily missed. Therefore, to ensure you stand out from the crowd, you should opt for a bright color in future. For example, why not go for a yellow gold which will ensure you add some early summer sunshine to your outfit. In fact, the stars love to head out on the carpet in some yellow at this time of the year. Or go for a blue or purple sapphire necklace or ring to ensure you stand out from the crowd!
If you’re like most people, you probably wear jewelry without giving a second thought to why you do. It’s hard to pinpoint the exact moment when jewelry was first worn. Ancient people all over the world have worn jewelry of one type or another throughout history. Some pieces are more glamorous with large precious stones inlaid in precious metal. Others are simple, consisting of only a leather string and a bone or tooth.
Why wear jewelry?
According to Maslow’s pyramid, jewelry isn’t a primary need for us humans, and yet, we spend billions of dollars every year on it. Both men and women buy jewelry, but why do women specifically have such an attachment?
Jewelry makes women more attractive
Although jewelry is not a primary need according Maslow’s pyramid, it does play a role in encouraging romantic interactions that lead to the fulfillment of some of the primary needs including s**, security and family.
Women (and really most people regardless of gender) are conscious about their looks. They do their best to make themselves appear attractive to the opposite sex. This is an inborn instinct that even wild animals have. Women adorn themselves with jewelry and attractive clothes to command attention.
As an interesting side note, many of the locations at which jewelry is worn are strongly s**ual (e.g. long necklaces draw the eye to the breasts and earrings draw attention to the ears that are an erogenous region for women.
As a sign of social status
Women also wear jewelry as a sign of the society status in the following ways:
Symbol of marital status and affection
Certain pieces of jewelry have been used symbolically since pre-historic times. Rings, for example, are used in many societies today as a symbol of an everlasting union between couples. People who view a woman’s engagement ring will know that she’s already spoken for and will not attempt any romantic advances.
Symbol of wealth
Jewelry can also be a way to exhibit wealth and a high economic status in society. Men give expensive gifts of jewelry to women in an attempt to show their status and therefore attract a mate. According to the National Retail Federation, men spend an average of $150 on jewelry alone on Valentine’s Day. Expensive jewelry is associated with people of high economic and social status.
Symbol of affiliation
Social status can also be expressed in who you know. Jewelry can be worn as a sign of affiliation to a certain group (e.g. a sorority). Family heirlooms can also be a symbol of affiliation.
As a means for self-expression
Many women wear jewelry as a way to show forth their personalities. Women purchase jewelry that expresses their style and ideas. Some like classic earrings while others will wear eccentric pieces to express their quirky personalities. You can therefore tell a lot about a woman by studying her jewelry.
For the power in the jewelry
Humans have attached great meaning and significance to certain stones and metals. Some stones are believed to have healing power. Jewelry may be worn for their religious power (e.g. crosses). Others may be worn for the healing properties of the gemstones.
Great value for money
Whatever your reason for wearing jewelry, it’s important to ensure that you get the best value for your money. Search online for jewelry deals and compare prices on different sites. Shopping online not only gives you the opportunity to easily compare prices but also to find unique pieces at an affordable price. Jewelry can prove to be an investment not only in your relationship or appearance, but also in your financial future.
Boxes containing $1.5 million jewelry, master tapes of British band Joy Division and even a gun were allegedly discovered in the basement of the site of Jamie Oliver’s new restaurant in Manchester, UK.
They were found in hundreds of safe deposit boxes – some of them dating back to 1935 – in the vault of the old bank site, which Jamie Oliver has converted into a restaurant.
According to The Sun, a source said: “There were all sorts in the boxes – even a gun in one.”
HSBC bank, the former occupant of the building, said it could not confirm exactly what was in the boxes due to customer confidentiality.
A spokesman said: “Even if I knew exactly what was in those boxes I would not be able to comment on that for reasons of confidentiality.
“We cannot reveal the precise contents, but these are safe deposit boxes – there are bound to be valuables in there.
“If we did find anything illegal in there we would be required to notify police.”
A spokesman for Jamie Oliver said: “The haul was actually removed before we moved in.”
Boxes containing $1.5 million jewelry, master tapes of British band Joy Division and even a gun were allegedly discovered in the basement of the site of Jamie Oliver's new restaurant in Manchester
The restaurant site, in Manchester, was an old Midland bank – which merged with HSBC in 1992.
The Grade II listed building – known locally as the King of King Street – was designed by Edwin Lutyens in 1928.
When HSBC moved to a new site in 2008 they had to transfer the contents of the boxes – it was then that the so-called haul was discovered.
A spokesman for HSBC added: “We were moving to a new site and wanted to transfer the safe deposit boxes.
“However [because the building is a Grade II listed building] National Heritage said we were unable to take the actual boxes with us, because they were part of the structure.
“At no point were drills used to break them open – we just used the keys we had.
“The owners would have been contacted and the contents transferred to secure storage at the new site.”
Jamie Oliver’s team acquired the property in 2010 and started work on the site in March 2011.
An excerpt from Jamie Oliver’s website reads: “The basement vault room has wall to wall original safety deposit boxes where the people of Manchester stored their heirlooms, mementos and collectables since the building’s completion in 1935.
“Our designers and architects have been visiting the vault room since March 2011, and regardless of who they’re with they can’t resist ‘checking’ at least one safety deposit box for any unclaimed goods.”
Jamie Oliver’s restaurant will be spread over three levels, with the bank’s old ground floor banking hall, mezzanines antechambers in the old clerks’ offices and the basement vault room all being transformed.
The diner opens this week in Manchester City Centre, next to the restaurant owned by Manchester United footballer Rio Ferdinand.
In a statement on his website, Jamie Oliver said: “I’ve wanted to open a Jamie’s Italian in Manchester for years but we’ve never found the right location, until now.
“It’s going to be a wonderful place to eat and one of the jewels in the Jamie’s Italian collection.”