Purchasing gold can be a great way to grow your wealth. Precious metals often retain their value over time, and when you sink your money into jewelry items made from precious metals, you are able to wear your investment as a statement piece. But novice jewelry buyers might not know what to look for when investing in gold jewelry.
Here are three tips that you should keep in mind to ensure you purchase the most valuable gold pieces to add to your growing jewelry collection.
1. Purchase pieces that are as pure as possible.
Since gold is a soft metal, jewelry items made from pure gold would not be able to withstand the demands of being worn. As a result, the gold used to create jewelry pieces is technically an alloy. Pure gold is combined with other metals like silver, copper, nickel, or zinc in order to give it the strength and durability needed to retain the condition of the jewelry piece.
Each piece of gold jewelry should be hallmarked to let the buyer know the exact gold content in the alloy. The higher the number, the more gold the alloy contains. Look for pieces that are hallmarked as 24 carat gold to ensure you invest in the purest gold jewelry.
2. Look for gold jewelry with a simple design.
When it comes to determining the price of a jewelry item, the value of the raw materials as well as the craftsmanship required to create the piece are both factored into the total asking price. If you are investing in gold jewelry as a way to amass wealth, then you will want pieces that are as cheap as possible.
By looking for jewelry items that feature a clean and simple design, you will be able to reduce the cost of your investment. Simple jewelry also tends to remain fashionable for longer periods of time, ensuring that you will be able to wear your investment with pride.
3. Invest in a variety of gold colors.
The metal that gold is mixed with to create an alloy can contribute to the finished color of the alloy. It can be beneficial to diversify your gold jewelry collection by investing in items that feature a variety of gold colors.
Gold mixed with silver will create a white finish, while gold mixed with copper creates a rose gold color that is popular. You can also purchase gold jewelry that is black, green, or purple in color.
Taking the time to learn what features you should be looking for as you purchase gold jewelry will allow you to successfully use your purchases to build your collection of investment jewelry in the future.
I have always been someone who loves to look great for work, but about six months ago I was surprised when a coworker pulled me aside. She talked with me about how loud my jewelry was looking, and she explained that more than a few clients had complained about it. I realized that she was right, so I started looking for classier pieces of jewelry that very day. It was incredible to see how big of a difference a few small shopping trips made. Check out this blog for great information about choosing beautiful, simple jewelry that you will love forever.