Do you know the real value of your jewellery?Posted by 50connect editorial
How much? Auction house Bonhams launches ‘January Jewels’ campaign to reveal the true value of little-worn or inherited jewellery and precious stones.
Meteoric price rises for top-quality antique jewellery and gemstones mean tens of thousands of Britons may be sitting on valuable family heirlooms without knowing their true value, according to one of the world’s biggest auction houses.
On the back of increases of more than 1,000 percent for some rare gemstones, Bonhams is launching a campaign to help owners understand the worth of their jewellery and guide them on achieving the best prices if they decide to sell.
Coloured diamonds, sapphires, rubies and emeralds, as well as fine pieces of jewellery from key eras like the 1920s and 1930s, have enjoyed unbroken price rises over the past decade, according to the leading auction house.
Analysing lots sold at auction, Bonhams is reporting excellent prices now being achieved at auction versus a decade ago. These include a 970 percent price increase for sapphires; a 1,100 percent increase for rubies and a 1,900 percent price increase for emeralds.
As a result, Bonhams is launching a campaign – January Jewels – to help people establish if they have a piece of value. It has set up a dedicated webpage where it is possible to communicate directly with a jewellery specialist.
To mark the launch of January Jewels, experts have created a ‘Top 10 list of hot jewels’ that are especially in demand.
- Coloured diamonds
- Colourless diamonds/white diamonds
- Belle Epoque/Art Deco Jewellery
- Designer jewellery eg from Cartier, Van Cleef & Arpels, Suzanne Belperron, Tiffany
- Natural pearls
- Artist jewellery
Jean Ghika – Global Director of Bonhams Jewellery – added “The greatest price gains are being seen with fancy coloured diamonds, exceptional colourless diamonds, Burmese rubies, Colombian emeralds, Kashmir and Ceylon sapphires, natural pearls, as well as pieces of jewellery from key eras such as the Art Deco period and certain contemporary designers.”
According to newly released data from the Knight Frank Luxury Investment Index, which tracks the price growth of 10 luxury investment sectors over the past 12 months, jewellery is a consistently strong performer.
The research shows that jewellery as an alternative asset class increased by 138 percent in the last 10 years.
To find out more and to see if you have any hidden jewels in the attic, log on to Bohams or follow Bonhams Fine Jewellery on Instagram on @BonhamsJewels.
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