The difference between a Collector and the Jewelry Investor is that the Jewelry Investor has to exit at a certain point, having entered the market with a plan to exit at the right time. Knowing the right time to buy and sell Jewelry is the key and involves some basic principles outlined in How to Invest Money in Jewelry.
Just like in the business of Buying Gold, the timing to enter and exit can mean everything and is determined by several complex factors, one of which includes market intelligence, that involves knowledge of the Jewelry market.
Market is the business side of Antique Jewelry Investing and includes a basic understanding of the principles of world economics, geopolitical economics, for instance, one would factor in political instability (instability in South Africa is probably going to affect the diamond prices worldwide and so on...)
The main difference between a Collector and the Investor is this... you are a Collector as long as you intend to keep your Jewelry and you are an Investor the minute you decide to buy and sell for profit. Most Jewelry Investors are also Collectors and keep the pieces they are especially fond of for their collection.
Elizabeth Taylor was one of the Great Jewelry Collectors of modern times.
Whether you want to invest in Jewelry or Collect Jewelry, or both, you need to develop some market intelligence before you part with your hard-earned cash.
When you sit down and think about it, there's quite a big difference between a Collector and a Jewelry Investor, but the one denominator common to both Jewelry Collector and Investor is a passion for excellence and beauty.
Details of Image on this page:
Artist: Antonio Canova (Italian, 1757 - 1822)
"Psyche revived by the Kiss of Love" - Marble 1799
Dimensions: H. 1.55 m (5 ft. 1 in.), W. 1.68 m (5 ft. 6 in.), D. 1.01 m (3 ft. 3 ¾ in.)
Current Location: Louvre Museum
Department of Sculptures, Denon, ground floor, room 4
Credit Line:Commissioned by Colonel John Campbell, 1787; purchased by Joachim Murat, 1801
Source/Photographer: Eric Pouhier (May 2007)
Internet Source: http://en.wikipedia.org/wiki/File:Psyché.jpg
Return to the top of The Difference Between A Collector and the Jewelry Investor
Return to How to Invest Money
Return to Antique Jewelry Investor Home Page