JEWELRY OF THE SOVIET UNION Gold – or, more precisely, gold jewelry – made by the Soviet Union is one of the most promising, yet overlooked, antiquity and collectible markets today. For anyone who wishes to make a highly...
News-Antique.com - Aug 30,2009 - ________________________________________________
Read Complete Publication - Money Making Antiques & Collectibles – JEWELRY OF THE SOVIET UNION
Gold – or, more precisely, gold jewelry – made by the Soviet Union is one of the most promising, yet overlooked, antiquity and collectible markets today. For anyone who wishes to make a highly profitable investment or gain an extremely valuable collection, while spending a relatively small amount of money, Soviet jewelry is a gold mine that must be explored.
Naturally you ask – why? What is so special about jewelry made by a group of countries that denounced the lavish and rich lifestyle which gold so perfectly represents? Well, for starters, it is precisely this paradox, this controversial ideological history, that each unique item of Soviet jewelry possesses – and no other item has or will ever have. I hope this piqued your interest. Let’s start from the beginning.
All Soviet jewelry, especially that made from gold, has everything that collectors and investors desire and demand. First, it has an incredible and controversial history, known world-wide. Second, it has clear provenance. Third, it is rare. Fourth, it is made from valuable materials (gold with precious and semi-precious stones). Fifth, it is of unique design. Sixth, prices are relatively low today, with a quickly narrowing market, meaning higher prices tomorrow. Seventh, it has an easy promotional, marketing and commercial basis (the USSR has been a focus of Hollywood for decades). And finally, eighth, it has no negative aspects or any minuses at all. Actually, Soviet jewelry has even more positives than these eight, but let’s continue…
It’s well known that the market for Soviet Art has been breaking records for the past 16 years straight, with artworks selling for millions of dollars at prominent auction houses like Sotheby’s and Christie’s. The less-established but parallel market for Soviet jewelry has all that potential and more, considering that in many ways it is the same art – but made of gold and precious stones!
A question arises: Why, with all this potential, is Soviet jewelry still priced roughly the same as modern jewelry? Before the answer is given, let me mention that as a buyer I favor the current situation. It allows collectors like me to buy large numbers of items at extremely low prices, and I know for a fact that this will not continue for long. When prices jump – and they inevitably will – I will have more than enough to sit back, relax and let my assets grow. It’s like investing in shares of a newly-found Klondike gold mine right next to the White House. All right, so why are prices so low, and why has no one thought of this before? More importantly, what guaranties and signs are there that prices will not just rise, but rise tremendously?
The answers lie in the countries of origin, all former Soviet republics.
