Does Jewellery Go Up in Value?

On the hunt for custom jewellery in Melbourne? You have come to the right place. With an extensive array of materials and precious gemstones to choose from, Holloway Diamonds is your one-stop shop for a custom dream piece. 

If you are thinking of investing in a custom-made jewellery piece, you want to make sure that its value holds up over time. Let’s face it, jewellery can be costly, but it is also something that holds sentimental value and can play a significant role in your life. For those reasons, it makes sense to want to know if the value of your piece will go up over time. 

At Holloway Diamonds, we understand the importance of finding and creating the perfect piece. We can help take your dream from concept to reality, and have put together this handy guide on how to determine the lasting value of a jewellery piece.

Does Jewellery Go Up in Value?

There are various factors that come into play when it comes to the value of jewellery. Market trends, materials, durability, and cultural significance all play a factor in the constant shifting of jewellery values. 

Factors to Consider When It Comes to Value

A jewellery piece that contains a rare and high-quality gemstone will increase in value over time. You also need to factor in the craftsmanship, its resistance to wear and tear, and trends in the jewellery market. It’s only then that you’ll have a clearer picture of the prospective value of your jewellery down the road.

The Materials 

Jewellery made from gold and platinum is very popular–these are luxurious materials available in the jewellery industry that are high in quality and durability. The two metals have also continuously proven their ability to withstand wear and tear and hold value over time.

It is worth noting that if there are market shifts in the marketplace, you are bound to see a shift in the value of your piece. Unbeknownst to many, the value of gold shifts on any given day and is highly dependent on demand, supply, and inflation. If there is a large increase in the demand for gold, you can expect your piece to go up in value. If there is a sudden overwhelming supply of gold with decreased demand, the value of your item will realistically drop.

Gemstones

If your jewellery contains precious gemstones, such as diamonds or rubies, the value of the piece over time will be dependent on the quality of the gemstones. The clearer and more richly-coloured your stone is, the more likely it is that it will retain its value over time. 

Quality of Craftsmanship

It is easy to spot high-quality craftsmanship. Superior attention to detail and outstanding design are two factors that give away the skill level of the craftsmanship behind your piece. The higher quality of your piece is overall, the more likely it is to retain value over time.

Holloway Diamonds Understand Quality and Value

If you are looking for expert designers eager to bring your vision to fruition, look no further than Holloway Diamonds. With exquisite attention to detail, we take pride in realising your idea so that you walk away with a piece that lasts for years to come!

Wondering why people wear jewellery to begin with, or where you might be able to find unique jewellery in Melbourne? Be sure to check out our latest posts.