Whether it’s a timeless strand of pearls, a stunning piece of pink diamond jewellery, or more modest gold earrings–there’s nothing quite like a high-quality piece of jewellery to make you look and feel elegant, poised, and stunning. But if you’re wondering whether luxury jewellery is worth the price tag, the value of splurging on some timeless pieces goes beyond just added aesthetics.
Here are the top five reasons why luxury jewellery items are entirely worth it:
1. An Investment You Can Wear
While most people turn to real estate or stocks to invest their hard-earned money, one should never underestimate the potential of a classic designer piece. When it comes to investable items you can wear, luxury jewellery is top of the list.
Luxury jewellery items not only retain their value but may even become more sought-after as antiques over time. While the market for antique jewellery fluctuates like any other, many experts have deemed pieces by certain high-end makers as a safe bet for investment.
For instance, a vintage Rolex, a Breitling watch, or a Patek Phillipe will likely increase in value with time. The same goes for other high-end luxury designers such as Holloway Diamonds, Tiffany & Co., Harry Winston, Cartier, or Van Cleef & Arpels. Owning classic pieces from these brands is almost always a worthwhile investment, as they are highly likely to hold or appreciate value because of their consistent popularity and collectability.
If you end up purchasing a sought-after piece by any of these luxury brands, always keep the original box, paperwork, and receipts so you have the best chances of yielding maximum value when reselling it.
2. An Heirloom for Generations
If you’re looking for iconic pieces that’ll survive the test of time, luxury jewellery is designed to last long by its very nature.
If you’re paying a hefty price for such pieces, you’re guaranteed top quality precious materials that’ll last for years and may even stay in your family for decades. You never know–one day, your favourite ruby-encrusted ring might end up on the finger of one of your descendants. Talk about leaving a mark on history!
3. The Value of Material
The advent of fast fashion has considerably changed how people view jewellery and accessories today. But while the world is becoming all about chasing the next rising trend, real jewellery enthusiasts understand that the value of a classic item extends far beyond how trendy it is.
If there’s no other reason for you to invest in luxury jewellery, the value of the material alone should be reason enough. Luxury designer pieces are crafted from the finest of materials: precious metals and rare gemstones that retain their value with time. Even if you feel the piece might go out of style soon, there is a massive market for the materials to be melted down or repurposed to form new pieces.
4. Celebrate the Big Moments
There’s no better way to honour life’s milestones and celebrate big moments and celebrations than by investing in a classic luxury piece. Be it for birthday presents, romantic proposals, anniversaries, weddings, graduations, or beyond, purchasing a luxury piece for someone you love (or even for yourself) is a great way to mark an extra-special occasion and remember all the best moments that make your life worthwhile.
5. Become a Collector
If you regard yourself as a bit of a connoisseur, there’s no better way to add to your stash of bling than by purchasing a luxury jewellery piece.
Be it heirlooms, limited-edition pieces, or items so rare that only one of them is ever crafted, if you stumble upon a luxury piece that makes your heart beat faster, we think it is quite worth the investment. And if you add the potential for a profit, you’ve got the perfect all-around investment.At Holloway Diamonds, we’re dedicated to making sure you get the perfect piece of high-quality luxury jewellery to help you or your loved one shine. Wondering how much custom jewellery costs or how to check diamond quality? Check out our recent articles.