Owning a vintage Rolex is a joy and potentially a smart investment, but how should you go about buying collectible watches?
In recent years the collectible watch market has been buoyant. Some timepieces with historic value have gone for breathtaking prices. The actor Paul Newman’s Rolex Daytona went under the hammer for USD$15.5 million. His wife had reportedly bought it in the 1960s for about $250.
The slump in retail sales in Australia has a silver lining for shoppers. It’s an opportunity for smart buyers looking for unique and beautiful jewellery to pick up some amazing bargains. If your dream engagement ring or diamond earrings were out of your price range, a liquidation auction could be the answer.
When companies go into liquidation, the liquidator or secured creditor are frequently forced to sell off stock for whatever price they can at auction. This means a "fire sale" of hundreds of thousands of dollars of jewellery at amazingly low prices.
Are you sitting on a secret goldmine? With gold prices hitting all time highs, it’s a great time for selling gold jewellery that you no longer want.
Historically, the price of gold tends to rise during times of economic uncertainty and conflict. Current global concerns, including trade tensions between the US and China, have resulted in booming prices. Gold was around $1650 per ounce a year ago (September 2018), now it’s over over $2,200 Australian dollars an ounce!!!
Once considered the “white” stone alongside red rubies, blue sapphires and green emeralds, coloured diamonds are now highly sought after by collectors and jewellery fans. Some of the rarer colours are considered investment grade
stones and change hands for many millions of dollars.
Australia is a land rich in minerals and is the world’s largest producer of opals. Wonderful and unusual stones can often be found at auctions, and whether you’re looking for rare pink diamonds, precious jade or opals, it’s a smart way to get an amazing price. Here’s a guide to some true Australian sparklers.
With all the current craze for decluttering and "konmari", people are digging through their cupboards and garages and throwing out items they no longer want. Making space is great, but making money by selling at auction is even smarter. You could have a treasure trove in there!
There are many different reasons for investing in jewellery, from a gift or engagement ring to a valuable asset. In many cultures, it’s traditional to buy gold jewellery for weddings as a dowry and store of value.
But when making any investment, it’s wise to know what to look for. We have 6 tips to help you get the most value for your money, and buy fine jewellery that’s beautiful as well as holding its value.