During the holiday’s many people give the gift of jewelry to their loved ones. Fine jewelry is typically made of allows of gold, platinum or silver and often carries a very high premium over spot price when factoring in the purity and weights. Bullion jewelry is a smarter choice for anyone interested in wealth preservation.
Setting aside the cost of design and manufacturing of jewelry products, the cost of the precious metals used to make jewelry is still a commodity. And when the karat or purity of the precious metal is diluted with other alloys it further commoditizes the jewelry.
When buying traditional jewelry the markup above the cost of the precious metals is enormous. This is normal of products bought through the retail sales chain.
What is investment grade bullion jewelry?
Investment grade jewelry is fine jewelry that is manufactured with higher purity metals, up to .999 fine gold or 24 karat. Investment grade jewelry holds it’s value much better than alloy jewelry and not only makes a great holiday gift for your loved ones, but provides for a better investment.
Major online bullion dealers provide a variety of investment quality bullion jewelry. There are a number of products available in 22 karat and 24 karat gold that can be bought with a low premium over spot price that have a similar cost to traditional 14k or 18k gold jewelry products purchased through typical retail environments.
Buying 24k gold jewelry for investment purposes has become quite popular. So popular, in fact, that several companies specializing in high purity 24 karat .999 fine gold jewelry exist to fulfill the demand.
What are the benefits of buying investment grade bullion jewelry?
Other reasons why Bullion Jewelry has become a popular investment options for discerning buyers.
- It is a portable store of wealth. Bullion investment jewelry can be transported and carried easily and often discretely.
- It makes it easier to give your loved ones a gift of wealth that is more straight-foward than traditional inheritance or transfer of wealth.
- Gold bullion jewelry carries much lower premiums than traditional jewelry.
- It can afford you more privacy and reduced reporting complexity with regard to tax reporting.
- Gold bullion jewelry is an asset that you can hold yourself, entirely outside of the regular banking system.
- The value of the jewelry will follow the price of gold. As the price of gold rises the value of your jewelry will increase as well.
Where Can I Buy Bullion Jewelry?
One popular company, Menē, has established itself as a market leader in 24 karat jewelry. They produce their own product lines that include 24k gold charms, rings, chains and other speciality items designed to be a vehicle for investing in precious metals while being able to enjoy the luster of wearable jewelry.
Another company, Auvere, is focused on the fashion aspects of gold jewelry with the side benefit of wealth preservation.
Investment grade bullion jewelry can also be purchased from a variety of trusted and reputable online bullion dealers such as APMEX, Money Metals Exchange, Silver Gold Bull and Bullion Exchanges.
One of the most popular bullion jewelry item during the holiday season has been a 1 troy ounce 24k gold wearable bracelet from Money Metals Exchange. The bracelet is 8 1/2 inches long and comes in a natural yellow gold color with a hammered finish. The premium over gold spot price for the bracelet is comparable to buying a 1 oz American Gold Eagle coin.