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TOP DEALER'S 24-CARAT
ADVICE
Fine quality antique
jewellery is an inflation-proof investment, according to Brian Barker,
jewellery dealer of 40 years' standing and owner of Georgian Gems of
Swanage in Dorset (www.georgiangems.co.uk).
"But they must be
in good condition and have gem-quality stones," he states. "The
noble stones - sapphires, rubies, emeralds, topaz, top-scale diamonds and
natural pearls - hold their value best."
Contemporary jewellery,
although more expensive to buy retail, is less desirable because modern
gemstones are often artificially treated to enhance appearance. The rarity
of genuine, untreated gems - especially when part of well-crafted antique
or vintage jewellery - is what makes for a solid investment.
"British antique
jewellery is sought-after for its beautiful workmanship and high-quality
gems," says Barker, "but it has been leaving the country, so
there's less of it around - another reason for rising prices. Over the past
decade items have appreciated by up to 10 per cent per annum."
The best period to
invest in is Georgian (1714-1837), followed by Victorian and Edwardian,
with the Art Nouveau (1880-1910) and Art Deco (1908-1935) styles also
desirable.
The major auction
houses - including Bonhams, Sotheby's and Christie's - have regular
auctions of jewellery and gemstones. Before buying, gems should always be
authenticated by an expert, as there are many fakes on the market.
See the National
Association of Goldsmiths website (http://www.jewellers-online.org)
for registered dealers and valuers.
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