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Wednesday, 1st April 2009 (4122 views)

An online jeweller is offering third-party appraisals on items purchased by customers following demand from customers looking to invest in gold during the economic downturn.

GEMaffair.com is providing the service for a cost of $24.95 (£17.40), with owner of the store Michael Jansma insisting that the use of an external expert will avoid many of the problems associated with "unscrupulous" jewellers.

"With gold prices soaring and the instability of other markets, gold in any form is a viable investment choice," he stated, adding that jewellery has "long been more than just an accessory".

A market analysis of the item's value will be provided as part of the service, along with an assessment of the carat and quality of the precious metal.

Gold coins are also becoming a popular investment choice, with Reuters reporting that production is being increased at mints around the world in order to cope with the surge in demand.

 

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