Anonymous wrote:
Anonymous wrote:Jewelry does not “hold value” in the way a true asset does. If you should ever need to sell a piece of jewelry you are not going to get the retail price for it but whatever a jeweler or middleman is willing to pay which is low.
My grandmother passed on a lot of jewelry to her daughters and there is no weird hard and fast rule regarding what people like to wear. My mother treasures certain items from my grandmother just because they were hers. They are not necessarily classic or whatever, they are just connected to a certain memory. My aunt has a ring and she shows it to me and says “this was my aunt’s” and it’s 18k gold but nothing special. If you want to get something that lasts just make sure it is high quality and real gold and it is something you love to wear.
This. When we divided up my grandmother's jewelry, we took turns picking based on what we actually liked and would wear, or what we connected to for sentimental reasons. No one picked something because it was once expensive. Other posters make the very good point that there's less incentive to purchase items that are readily available and likely will be for the foreseeable future. Part of the nice part of picking my grandmother's jewelry was the number of things that were more "dated" and unique. My favorite pieces were a mid-century gold and pearl starburst brooch, and a carved ivory necklace and earring set. Things that are beautiful and still looks great today, but uncommon. If your goal is to pass on something to your children, I would pick something that is good quality (so that it will last decades), and that you enjoy wearing frequently (so that your kids will associate you with the piece and have sentimental memories attached to the pieces when it's time to pass on to them).