Jewelry Investing Focus Of Town & Country Magazine Article

“Jewelry might never perform the way a real estate or an S&P fund will, but it is the best purchase you can make in the luxury sector. It’s an investment you can wear for 30 years and then sell. What else can you do that with? Do you have a suit from 1968?”

-Chris Del Gatto, jewelry expert interviewed by Town & Country

Yesterday I came across an article about jewelry investing on the website of Town & Country, the venerable monthly American lifestyle magazine. In “Is Jewelry the Last Brilliant Investment?” (published January 17), Stellene Volandes discussed “the role of stones and jewels as a new asset class” and the recent formation of Arcot Finance (“a fine gem investment firm”). She also interviewed a number of jewelry/gemstone experts.

At one point in the piece Volandes penned:

Legends of Russian and French aristocrats fleeing revolution with diamonds sewn into their hems still resonate. “I know people who want to buy some diamonds to put away. They know in uncertain times they can sell them quickly,” says jewelry expert Chris Del Gatto, whose eponymous firm specializes in buying and selling from private collections. He has bought and sold more pieces than almost anyone on the market. “They also know they can take the stones with them. You can’t do that with a building. It’s a bunker mentality.”

[Arcot Finance’s Henri] Barguirdjian certainly has experience with the idea of stones as a solid investment. Clients have asked him for lots worth $1 million for each of their grandchildren, to be stored in safe deposit boxes, knowing that they will appreciate in value. “They see it as a safe haven,” he says…

(Editor’s note: Bold added for emphasis)

An interesting article regarding this “alternative” investment, which you can read in its entirety on the Town & Country website here.

By Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. The creator/Editor of this blog is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information contained herein.)

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Thursday, January 19th, 2017 Investing

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