- 1). Shop around for an honest jeweler who can provide you with authentic pieces of jewelry. He should also give you a straightforward fair price for the jewelry. This price may vary depending on the intricacy of the work, the effort of making the jewelry piece, the purity of metals used and the current value of the materials used.
- 2). Follow the one basic rule of investing. You should buy when the market dips and sell when the market rises, known as "buy low, sell high." When the gold and silver markets plummet, shop for new pieces that are simple. Avoid paying extra for additions such as precious stones when the market is allowing you to buy the essential metal at a low price.
- 3). Purchase the highest grade of metal purity whenever possible. As the market falls, high grades of precious metals tend to retain their value longer than other grades. When the market rises, the purest precious metals are worth the most money. The same goes for the finest cuts of diamonds and other precious gems. The better the cut is, the higher the price.
- 4). Shop around for "loose" jewelry materials whenever you can find them. For example, try to buy diamonds that a jeweler has not included in any necklaces or bracelets. This makes them easier to sell when opportunities arise.
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