Do you enjoy the finer things in life? Perhaps you’d like to indulge that by investing in a luxury jewellery or watch collection? If this sounds like you, we’ve got you covered.
You can enjoy perks both financial and sentimental when starting such a collection but the costs can be hefty so the decision shouldn’t be taken lightly. Take a look at our tips and tricks for investing in and growing your own high-end jewellery and watch collection.
Other than just looking pretty, luxury jewellery and accessories can do a lot for you. Some vintage or limited-edition pieces have the potential to increase in value over time, giving you the option to sell them on for a far greater price at a later date if kept in good condition. These pieces can also be handed down as family heirlooms to future generations, to be treasured either as sentimental pieces or as long-term investments.
Keeping it safe
Some high-end jewellery pieces have prices in the high thousands so, if you’re taking the plunge by purchasing one, you’re going to want to make sure that you keep it out of harm's way. It’s important to protect your investment by securely storing your jewellery and watches where they won’t be at risk of kinks, scratches or tarnishing.
It’s also worth making sure that you are covered in case of something going unexpectedly wrong. Especially as your collection grows, taking out a watch or jewellery insurance policy is a wise choice to help potentially mitigate harm in the case of accidental damage or theft.
Collect the basics
If you’re serious about your collection, there are a few staple brands and models that every enthusiast should have that can be paired with almost any ensemble.
When it comes to watches, consider just starting with just one versatile statement piece to start that matches all your outfits. This can work as a great base for your collection and help you to figure out what brands and designers best fit your aesthetic.
If you’re considering starting a collection, then you’ve probably already had your head turned by a particular model or manufacturer that you find irresistible. But if you’re going to build a larger collection then you’ll want to educate yourself about what else is out there that could suit your purposes.
If buying these luxury pieces in order to sell them on for a profit down the line is your aim, then investigate which brands are seeing the biggest returns and look for pieces that you adore from those manufacturers. That way, you can be confident that your money is doing good work and still get the most out of your investments aesthetically while they are in your collection.