Tuesday, 7th September 2004 (4178 views)

A senior director at Sotheby's has highlighted the use of gold jewellery as a form of security.

Daniela Mascetti recommends the best way to make money is to inherit gems and then to sell them.

Mike Temple, of bullion dealer Gold Investments in London, told This is Money: "There has been a growing interest in investment gold over the past two years. People like the idea of physically owning gold and have been disenchanted with the performance of some other types of investment."

Key items of jewellery that Ms Mascetti deems to be the most successful in terms of capital appreciation are bright coloured jewels in yellow gold, which were designed by Bulgari in the 80s.

The pieces are worth more money since they are now out of fashion but are "highly collectable" because of their "strong innovative design".

As well as ensuring quality is satisfactory, Ms Mascetti also recommends purchasing the collectable jewellery from auction houses for a better deal.

 

« Back to the stories

 

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.