From the basic knowledge that we all have, investment is often referred to as an asset acquired or invested in to build wealth. And in most cases, people tend to invest in businesses, properties and funds, leaving out jewellery. Jewellery can be used as currency, inheritance, and investment. Jewellery is a worthwhile investment though it requires intimate knowledge and strategy to know the value of the kind of jewellery you are investing in. Let us take you through some of the fundamentals.
Factors to consider when investing:
1. Quality of the jewellery – it is good to consider the quality of the jewellery, stone, and craftsmanship.
2. Cost price – the main reason for investment is to make money in the future, consider the period suitable for selling the jewellery where prices are favourable.
3. Maintenance – store the jewellery pieces properly and polish them, to maintain a good state.
What type of Jewellery can one invest in?
People can buy gold jewellery, flaunt it, and then decide to sell it in times of need. For investment purpose 24karat is the best as it signifies pure gold but however this gold karat is soft and does not resist wear and tear thus jewellery cannot be made from it. The gold karat which has a good resale value and is used in making jewellery is 18 karat to 22 karat as it withstands designs and holds stones. Other forms of gold below 18 karat are good for making jewellery, but they have a low resale value.
Jewellery with precious stones
Investment in precious stones is considered as an attractive form of investment. There are numerous gemstones that can be attached to jewellery like diamonds, emeralds, tanzanite, rubies and many others. These precious stones hold meaning and sentimental value to people, and they retain value because they are beautiful, rare and desired.
How is it an investment
Investing ensures present and future financial security. Jewellery investment is an ultimate representation of wealth and can also be easily liquidated. This form of investment is less risky than in other markets. Jewellery investment reflects a personal emblem with unquantifiable emotional value such that anyone who owns the jewellery contributes to the story, for instance, engagement rings can be inherited by other new members in the family.
Where to get the jewellery
Aurex Jewellery is a leading jewellery manufacturer in Zimbabwe, specializing in manufacturing of genuine gold and silver jewellery and cutting and polishing of diamonds. Visit Aurex today and get your genuine gold jewellery studded with precious stones and keep as a store of value.