Jewellery, Watches, Silver and Coins are Hot Scorers at Auction

Jun 27, 2018

When it comes to selling jewellery and silver, an auction is not necessarily the first place you would think to go and yet it’s the only way to ensure you get the best possible price for your items. From Grannie’s gold and silver jewellery to that inherited Victorian necklace that isn’t really your style, or the ring that was an impulse buy that you don’t wear, selling your jewellery at auction provides the widest pool of buyers. With auctions now online, your jewellery is available to the entire world and what better time to sell than now. Over the past year jewellery, watches and coins have been the best performing luxury assets according to reports released by the luxury investment index. As items that capture the imagination they continue to perform well at auction with buyers across the world eagerly battling it out to be the winning bidder.

Wessex Auction Rooms will be holding their Summer Jewellery, Watches, Silver and Coins auction on August 3rd and with tremendous demand from American and Chinese markets prices achieved at auction are at a record high. Jewellery trends are favouring Georgian, Victorian, Edwardian, Arts and Crafts, Art Nouveau, Art Deco and mid 20th century jewellery, with a focus on Scandinavian and British design. Watch trends are leaning towards divers watches, military watches and the ever-popular Rolex and Omegas, silver trends are for Georgian silver, novelty silver and useable silver items and with coins it’s all about the condition, the rarity and the story behind them.

It’s not just antique jewellery and silver that sells well, there are collectors for vintage and modern jewellery and silver also. With most house insurance packages no longer covering high end jewellery and watches, rather than leaving them in the drawer and not wearing them, why not sell them at Wessex Auction Rooms where jewellery and silver expert Izzie Balmer FGA DGA is on hand to offer advice. “I would strongly recommend everyone to sell their items at auction” comments Izzie. “You’ve got access to a world-wide market where all of the jewellers’, trade and private buyers are competing against each other to be successful and the expertise of the auction house to catalogue and give exposure to your items. Auction guarantees you get the best possible price.”

Diamond prices are at an all-time high. Where in previous years buyers would compromise on one of the four ‘C’s (colour, clarity, cut and carat weight) with the size of the diamond being the most important factor, the current market wants both quality and size. As such, the colour and clarity of the diamond are important selling factors together with its size and cut, which have seen diamond prices rocket. Coloured gemstones are also seeing increased popularity. Whilst rubies, blue sapphires and emeralds will always be a popular choice, Victorian citrines, untreated pink sapphires, red spinels and coloured garnets are gaining in popularity. Size is an important factor, but the depth of colour is the current driving force for the prices of jewellery set with these stones.

Wessex Auction Rooms are consigning now for their Summer Jewellery, Watches, Silver and Coins auction. Open Monday to Friday 9am until 5pm feel free to drop in or to make an appointment call 01249 72088 or email enquiries@wessexauctionrooms.co.uk