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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I have about 40k in gold (low cost basis, maybe 10k?) and probably 100k fmv jewelry but thats family inheritance. Would only sell if it’s a real emergency.

I might add some as a hedge in the future assuming gold drops a bit. But would not put more than 5-10%. [/quote]

Jewelry is not an investment. 
[/quote]

That’s an odd statement.  It’s at least worth its precious metal/gemstone content…but certainly Tiffany or other antique jewelry can be an investment the same as artwork can be an investment.
[/quote]

[b]It's worth the melt value, which is less than you'll pay for it.
[/b]
I am reminded of the people cautioning against lab-created diamonds because they're a poor investment. You're buying retail and selling wholesale. It's not an investment.

But not everything has to be an investment. [/quote]

If you purchased a solid gold band 15 years ago, I bet you purchased it for less than it's current melt value considering gold prices have tripled.

However, "jewelry as an investment" is equivalent to buying artwork.  It's the provenance of the jewelry that makes it an investment.

I don't think anyone is saying go purchase jewelry at Pandora as an investment, but if you attend a Sotheby's auction for jewelry, that's a different story.[/quote]

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