If you have yet to invest in jewelry, the curiosity of whether or not this is actually a good purchase may be something you’re wondering about. You’ll notice that a lot of people who attain a certain level of financial success, has somehow touched the world of diamond jewelry. Whether it’s investing in a diamond necklace, a diamond-encrusted watch, or even just plain diamond stones, there’s a huge market for this. Should you be considering the idea to invest in diamond jewelry yourself? Here’s a list of everything you need to know to help you decide.
Why You Need to Invest in Diamond Jewelry
There’s a lot of benefits you can gain when you invest in diamond jewelry, that you may not be aware of. It’s not just about the actual cost of a diamond. Investing in jewelry has more benefits than investing in land, properties, and even traditional businesses. The more you learn about what you can gain from a diamond purchase, the more you’ll know just why diamond jewelry has held its timeless value for hundreds of years.
Diamond Jewelry Retains its Value
If there’s one product that you know will most likely be of the same value after 50 years, it’s diamonds. With the right maintenance and care, you can be assured that your decision to invest in diamond jewelry will still stand as a good one after how many years. This is unlike what happens to your investment in other things such as houses and cars. You can expect that a brand new house or a brand new car will depreciate in value after a few years of use. But you never have to worry about the value of your diamond jewelry.
Diamond Jewelry is Easy to Store and Maintain
When buying property like a piece of land, or a piece of artwork, as good as the investment may be, there’s so much that goes into the storage and maintenance that can be costly to you in the long haul. This is the exact reason why a lot of people feel encouraged to invest in diamond jewelry instead.
The storage and maintenance of diamond jewelry require the bare minimum. You can keep your diamond jewelry safe in your home using a lockbox. Or have it stored at a safety deposit box at your bank. Maintenance is also affordable. If you do not use your jewelry, you don’t actually have to clean it too often. Just once every few months (if even necessary). Otherwise, if you regularly wear your jewelry, you can have this cleaned at your jewelers, or take it upon yourself to do some DIY cleaning at home. Either way, you will not be required to spend a lot of money on the maintenance of your investment.
Diamond Jewelry Can Now be Purchased Online
Buying diamond jewelry no longer requires you to go to an actual jewelry shop. You can now safely purchase conflict-free diamond jewelry from the comfort of your own home. Invest in diamond jewelry with us at Brillianteers to guarantee that you are buying directly from a shop that’s dedicated to the craft of jewelry making. The best part about this is that we have customer service available online, 24 hours a day, 7 days a week. You can shop from anywhere in the world, and have your jewelry shipped to you wherever you are.
The First Steps to Take to Invest in Diamond Jewelry
If you have decided that you do want to learn exactly what you need to do to invest in diamond jewelry, you’ll first need to take these steps to get a full understanding of what you’re looking for in your investment.
Learn About the Different Types of Diamonds
By different types of diamonds, we are referring to the diamond colors. Every color differs in value as some colors are rare compared to others. The most valuable diamond, and the most sought-after, is a colorless diamond. There are some diamonds that appear colorless, but actually have a tint of yellow The more colorless and clear a diamond is, the more expensive it is.
There are also diamonds that have colors. Pink and Red diamonds are the rarest colors and are often the diamond colors that are fought-over at auctions. Another auction favorite is the blue diamond. As it may not be as rare as the pink and red diamond, finding a purely blue color is a rare find, making it another rare diamond color to keep your eye on. Other valuable colors are yellow, orange, and even black diamonds. Its value will depend entirely on the purity of the color and the size of the stone. Brown diamonds can be found everywhere all over the world. Because of this, they are the least valuable.
Learn About the Carat Weight
The weight of a diamond greatly determines its overall value. This is measured by Carats. It will be valuable to you if you learn more about the value of different Carats for different diamond colors, to understand what you are looking for when you do plan to invest in diamond jewelry.
The general rule is, the higher the Carat number is, the more expensive a stone is. But there are a few things you also need to consider. One is the difference in the weight of different diamonds and how this affects the overall value. Although similar in weight, a diamond that’s 1.05 Carats heavy, is a lot more expensive than a diamond that’s 99.05 in weight. There’s a lot more value in diamonds the whole Carat mark.
Learn About the Clarity
The clarity of a diamond is another important factor to be aware of when planning to invest in diamond jewelry. There are diamonds that are significantly more expensive because they do not have any blemishes even when inspected under a diamond loupe (magnifying glass). There are diamonds that are ‘eye clean’. This means that they are clear enough that you can not see any blemished with your naked eye. These may have the smallest blemishes, but since they are not visible to the naked eye, then they too are of value.
Learn About the Certification
Every piece of diamond jewelry should come with a certification that confirms the legitimacy of that piece of jewelry, its source, and its value. You need to learn more about what certification to look for when you want to invest in diamond jewelry. If possible, before buying any piece, consider talking to a jeweler who you can trust will give you more information to validate any piece you are looking to purchase. Understanding what the certification means, will confirm if the price of the diamond jewelry reflects its true market value.
Final Thoughts
Any significant financial growth depends a lot on the types of investments you make in your life. You can invest in your career to attain a better paying job. You can invest in properties to grow your current savings. Or you can invest in diamond jewelry to re-sell for a higher value later on. It’s far better to invest and have the chance to grow your income, rather than to keep your money locked away in a savings account. Investing in diamond jewelry is a good way to start.
