Why more Australians are buying Fine Jewellery and Designer Bags at Auction | First State Auctions

Why more Australians are buying Fine Jewellery and Designer Bags at Auction

Cartier Maillon Panthere Ring, 3 Daimond-Paved Rows
RRP - AUD 22,900, Sold at auction - AUD 5,300*

With the forced shift to online sales due to Covid-19 restrictions, many auction houses are reaping the benefits, with an increased focus on luxury items.

There are a few theories as to why, but most can agree that customers simply aren’t travelling and therefore those budgets are being spent on buying nice things for themselves - and what better way to do that than with a luxury piece of fine jewellery or a designer bag.

If you’ve been trying to add a Louis Vuitton, Bvlgari, Cartier or Tiffany & Co to your collection either from a boutique or pre-loved store, you know buying at these luxury price points is serious business.

To get the most out of your next purchase, consider an online auction house where luxury is closer in reach than it has ever been before.


Why Auctions Are Better Than Paying Retail 


1. Cost saving – buy for less!

Auctions are an effective way for people to buy and sell high value personal assets, which means luxury items are available to customers at a fraction of the retail price.

With high quality diamonds and gemstones auctioned regularly, it’s a much cheaper option than buying wholesale or from a jeweller or jewellery store.

Cost savings at auction doesn’t mean compromising on quality either. First State Auctions pride themselves on being the only jewellery auction house owned and operated by gemmologists and diamond graders and with friendly expert advice 7 days per week, so you can rest assured knowing all items have been authenticated.

Bvlgari B.Zero1 Necklace
RRP - AUD 6,250, Sold at auction - AUD 1,875*

Prada Galleria Saffiano leather medium bag
RRP - AUD 4,800, Sold at auction - AUD 1,570*

Cartier Love Bracelet - 204 round Diamonds
RRP - AUD 64,000, Sold at auction - AUD 34,500*


2. Access to unique, exclusive and branded luxury goods

First State Auctions regularly auction an impressive selection of high-quality fine jewellery, GIA certified diamonds and gemstones as well as designer bags which are all authenticated before they are entered into an auction.

Branded jewellery including Cartier, Van Cleef and Arpels, Tiffany & Co and Bvlgari as well as international leading brand bags including Hermes, Chanel, Louis Vuitton, Gucci, Christian Dior, Prada, Fendi, Yves Saint Laurent and more are all unconditionally guaranteed for authenticity or a full refund will be offered. Customers can bid with the knowledge that they are getting what they paid for.


3. The thrill!

The thrill and excitement of finding the perfect designer bag is a feeling like no other. So to, the moment you buy your first piece of fine jewellery, the thrill it gives you wearing it for the first time and thinking of all the places you could go and show it off. These luxury items may become your faithful companion or perhaps simply an investment, move that sees you immersed in the thrill time and time again.

Whether it’s it’s a good investment or collector’’s item you’re you’re after or you’re you’re buying a valuable gift for someone you love, auctions are a great opportunity all round. While the auction process might take away from the instant buzz of a retail purchase, a buyer who does their research online can save hundreds if not thousands of dollars. When it all boils down to it, owning a little piece of luxury makes you feel good and gives you an added touch of self-confidence.

Don't waste another dollar paying retail for your next piece of luxury, check out the current auction.


* Auction results exclude 20% Buyers Premium


A copy of an article written by a News Corp journalist



Posted by Nadia FSA