Wednesday, September 22, 2010
Vintage Jewelry: A Better Investment than Gold?
"Estate" (pre-owned) and vintage jewelry is selling at better-than-ever prices. Dealers say buyers find it a good "hard asset" investment since gold has become so expensive and stocks and bonds so uncertain. Buyers also are afraid that new tax laws may regulate trading gold coins and bullion. (In 1933 President Franklin Roosevelt called in gold coins, bullion, and even gold certificates for a set price. The law did not have the result expected. Citizens with large amounts of gold transferred it to other countries.) The best investment jewelry has large precious stones, exhibits fine workmanship and is marked by a well-known firm like Cartier. Take a good look at any inherited jewelry. It could be more valuable than you think.
See our selection of vintage jewelry at: Penny's Antiques & Wedgwood Pantry
Penny and Doug
Penny's Antiques & Wedgwood Pantry
Quote of the Day:
"To take from one, because it is thought his own industry and that of his fathers has acquired too much, in order to spare to others, who, or whose fathers, have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, the guarantee to everyone the free exercise of his industry and the fruits acquired by it." --Thomas Jefferson