As an expat British jeweller residing in the vibrant city of Dubai, I’ve encountered a myriad of treasures in the world of handcrafted jewellery. Dubai, known for its opulence and luxury, is also renowned for the craftsmanship of its jewellery makers. This city offers a vast selection of handmade jewellery, crafted meticulously with precision and creativity, making them a profitable investment.
Handcrafted Jewellery: A Testament to Quality
In my experience, when one hears ‘handmade jewellery’, the mind conjures up images of folk art stores or heritage shops. However, in Dubai, handmade extends beyond the realm of the quaint and traditional; it signifies the highest level of luxury in the jewellery industry.
Handcrafted pieces often command a higher price due to the meticulous process involved in their creation. Each piece is created with utmost precision, which is possible only through skilled hands and not machinery. This contributes significantly to the value of handcrafted jewellery, both in terms of monetary worth and investment potential.
Uniqueness: The Key to Value Appreciation
One of the most captivating aspects of handmade jewellery is its uniqueness. Unlike mass-produced items, each handcrafted piece bears the mark of its maker’s creativity and skill. This singularity is a critical factor in the potential appreciation of a piece’s value over time. A distinctive piece, particularly one from renowned brands like Cartier, Graff, Chopard, Garrard or Bvlgari, can yield significant returns in the future, based on its rarity and the brand’s reputation.
The Profit Potential of Handmade Jewellery
Historically, we’ve seen certain jewellery collections or pieces from specific brands increase in value over time. This appreciation is often due to factors such as the uniqueness of the piece, the rarity of the gems or metals used, or the brand’s reputation. In fact, pieces from brands such as Chanel, Dior, Armani or Versace have been known to increase in value, making them not just beautiful adornments, but wise investments as well.
Take, for instance, Chanel’s trademark ribbon brooch. Apart from its exquisite craftsmanship, its worth is elevated by the brand’s renowned prestige. Similarly, tribal and Bedouin jewellery, especially those made of silver, have gained value over time due to their cultural and historical significance.
Buying Handmade Jewellery with Cryptocurrency
In recent years, buying jewellery with cryptocurrency has become increasingly prevalent, and this includes handcrafted pieces. While it’s still a relatively new trend, it does provide an extra layer of convenience and anonymity. If you’re an investor in the crypto market, using your digital assets to acquire handcrafted jewellery could be a sound investment strategy.
Handmade jewellery in Dubai embodies the city’s spirit of luxury and attention to detail. These pieces, besides being an embodiment of beauty and craftsmanship, hold immense potential as investment assets. As a jeweller and investor, my advice to both professional investors and ordinary buyers is to consider the value of handmade jewellery not just in its aesthetic appeal, but in its potential to provide profitable returns in the future.