While sales of modern gold jewelry are falling due to ever-growing value of gold itself an exact opposite picture is seen on one unique gold jewelry market.
This year a very interesting event took place - Soviet Gold Jewelry went from a little know hobby all the way to what can actually be called a prospering market. What is even more interesting is that majority of buyers in this market are investors, rather than collectors. Why? See for yourself...
Since 2009 Soviet Gold quadrupled in value, with minimum price growth of over 70%. The market itself is brand new, one would say virgin, which means - large growth potential and low risk. Further because legally the market is classified under cultural property category [art, antiques and collectibles] there is no government regulations, giving investors and collectors complete freedom, especially form taxes [everyone likes that]! To top it all, because the market is new and because of its unique characteristics - there are no big corporate players in the game so the "little guy" left alone to keep all the profit. This is particularly appealing to small US investors who have no empathy towards big corporations which they blame for the downturn of the US economy.
In so, the most unlikely product, Soviet Gold Jewelry, is successfully prospering in the most unlikely place, The United States of America. Investors, collectors and anyone else who desires to make an extra dollar in this economy are advised to look into this opportunity.
Report based on information gathered from www.SovietJewelry.com and other news sources.