…”Investing in jewellery can be extremely rewarding, although it can also be a minefield”, says Sam Loxton, a gemologist and founder of Lucas Rarities on Maddox Street. “In general, modern jewellery is not a good investment for the short to medium term – it is better to purchase something period,” he says. “Anything from a named house such as Cartier, Van Cleef & Arpels or Boucheron is going to prove easier to sell in the future.”
In addition, Loxton favours more unusual jewels by Suzanne Belperron, Rene Boivin and Paul Flato, which he says are more desirable than pieces of the same era by the bigger houses. Condition and provenance are also important factors, as witnessed by the sale of Elizabeth Taylor’s jewels in 2011 (valued at $30 million, they sold for $115 million). Good advice from experts is critical when investing, especially as many of the markets have little or no regulation.