When you hear the word ‘jewelry,’ what comes to mind? It immediately conjures an image of a woman wearing an accessory during a special occasion. But for all you know, it is also for men that’s worth investing in and worth keeping. Whether a silver necklace or a gold bracelet, a jewelry piece can serve different purposes for various people from different walks of life.
This is why the jewelry industry is thriving, and a lot of people invest in different pieces. In fact, a recent report shows that the jewelry market reached 324.60 billion dollars last year, and it is expected to hit approximately 500 billion dollars in 2026. This goes to show that there’s no sign of stopping or slowing down the jewelry market.
If you’re a dad wondering why it pays to invest in a jewelry piece, here are five good reasons you must consider doing so:
1. For accessories
Most women consider jewelry pieces as valuable, and they love to wear them as accessories. Not only do these accessories look elegant, and sophisticated, but they also enhance the women’s overall look and appearance. They go as far as boosting their confidence and building their self-esteem.
But nowadays, even men invest in jewelry pieces—whether gold chains, cross silver necklaces, or even gold watches. Not only do they accentuate the men’s look, but they also give them power and authority. So whatever styles you like to project and present yourself, these accessories can make a world of difference.
2. For special occasions
Individuals typically wear jewelry pieces during special occasions. They pull them out and display them whenever they attend special events such as weddings, award ceremonies, anniversary dinners, and even formal birthday parties. In fact, some women feel underdressed if they won’t wear their jewelry pieces, whether pearl earrings or sparkling silver necklaces.
However, men save up and purchase the best jewelry pieces they plan to hand up to their loved ones during a wedding. They also go as far as looking for custom-designed engagement rings that will meet their loved ones’ expectations during an engagement proposal. Ultimately, they love to give their wives jewelry pieces as a special surprise during anniversaries, special occasions, or other major life events.
3. For long-term investments
Jewelry pieces aren’t only ornamental accessories. They are valuable assets for long-term investments. As you can see, the raw materials used to create jewelry pieces are precious metals that always have a high value in our society.
Diamonds, gold, and silver have always been in demand, despite the fluctuating economies. And what’s good about them is that their value doesn’t depreciate, unlike expensive gadgets and electronic devices. This means that when you need some extra cash, you can simply pawn or sell your jewelry pieces, and you are guaranteed to get a good amount of money. That said, consider these top jewelry investments for 2021.
4. For status symbol
For some, jewelry pieces are status symbols. Of course, those made of precious metals such as gold, silver, and diamond as well as those with gemstones are costly to buy. Know that not everyone can invest in these exquisite yet expensive pieces. So if you can afford to purchase them, it simply means that you are affluent.
That’s why some well-off individuals exclusively wear them during formal events and special occasions. Others keep them as valuable assets for long-term investments. The bottom line is that these jewelry pieces are indeed status symbols.
5. For sentimental value
It’s apparent that most jewelry pieces have sentimental value. Think of how men strive hard to buy expensive engagement rings and hand them up to their lovers. Consider fathers who have invested in costly diamond rings and give them to their children when the time comes.
As they are usually handed us as a gift, they hold a special place in people’s hearts. As they are being passed on from one generation to another, they are regarded as heirlooms. That’s why most people have emotional attachments to these jewelry pieces and keep them for sentimental reasons. In the end, their sentimental value outweighs their monetary value.
Investing in jewelry pieces is a wise move for fathers out there. Yes, you can use them as accessories, for special occasions, and even for long-term investments. They are also a symbol of your status and hold so much sentimental value. Just be sure to get them from a highly reliable source and opt for genuine, quality ones. Ultimately, quality jewelry pieces are worth investing in and worth keeping in the long run.