Luxury watches and expensive jewelry are few of the jewelry items that enhance the wearer’s beauty and reflect self-expression. For men, luxury watches are just the perfect, loved jewelry, while for women, it is a part of a fashion ensemble, and for a few, its an expression of their personality. Regarding luxury jewelry, both men and women find their tastes and preferences in the classic collection. Jewelry and watches are indeed the best accessories to be adorned together or individually. Both of these accessories are customer-oriented and considered a fashion statement. The premium jewelry and watches sectors are expected to see growth until 2025. Since both these categories are potential investments, this article delves into a short overview of the same.
Coveted Elegance: Exploring the Art of Acquiring Luxury Watches
Before gaining an insight into how luxury watches can prove to be a potential investment, it is important to know who the buyers are. The timeless classic luxury watches seek a strong heritage and distinctive design. Thus, those looking for traditional assets for the sole purpose of possessing the accessory as a heritage are among the buyers. The highly educated and stylish generation who prefer fashionable accessories grabs the niche. The luxury watch hobbyist is fond of collecting luxury watches that have high quality, and flaunting them is a delight. The collectors add to a significant market share as the ultra-premium luxury watches find a highly engaged market.
The Market for the Luxury Watches
While investing in the luxury watch market, knowing about the brand, models, and materials is important. Whether small or big, investment should be monitored for its risk. The amount of money to be invested and the worth of buying the materials should also be considered. The rising market prices are the main reason for increased spending on luxury watches. The younger generations and millennials see it as an opportunity to invest in the market.
The Evolving Landscape of the Luxury Jewelry Market
Diamonds are an excellent investment; for instance, the Oppenheimer blue diamond became the most expensive jewel to be sold at the auction in 2016. Brands like Boucheron, Bulgari, and Cartier are amongst the most costly branded jewelry. Investing in this jewelry is worthwhile as they epitomize luxury and are cherished by those who own them. Investing in gold and diamond jewelry is still in high demand. As per surveys, it was found that the jewelry products that demanded a quick return on investment were purchased more. Luxury jewelry is often seen as a wise investment. This is because these jewelry pieces are considered a timeless asset. The value of classic shapes and styles of jewelry gets increased with time. These valuable luxury jewelry items can be further passed on to generations. Even though jewelry products are valuable, they also hold a specific significance, for instance, the blue sapphire engagement ring of Princess Diana. This ring is a well-known example of heirloom jewelry that entails how the symbolism of the stone (Neelam stone original in this case) can be passed on to generations.
Colored gemstones, however, have always been a category of choice for investment. The royal families have invested in colored gemstones, making them a popular choice in engagement rings and other forms of jewelry. While investing in colored gemstone jewelry, it is required to get a certificate from a trusted gemological institute before purchasing the gemstone. This certificate entails the specification of the stone, highlighting its rarity in terms of quality and color. For instance, buying a blue sapphire stone, the traits that drive its value are its color, saturation, clarity, and durability. Apart from this, the origin of gemstones also plays an important role. The Kashmir sapphires are the most coveted gemstones and are also considered valuable. At Navratan, the best online gem bazaar, you get rare certified natural gemstones that can be used as center stones in jewelry pieces.
In conclusion,
The luxury watch and jewelry market has wide opportunities when it comes to investment. Colored gemstones are finding their way into the high-end jewelry market owing to the preferences and tastes of the customers. Before investing in this market, one must only choose rare, incredible, certified stones. Certified gemstones are more valued owing to their authenticity of being natural and rare.