Jewelry vs High-End Bags – Which One is a Better Investment?

Some investors spend their money on high-end bags while others peruse jewelry stores in Vancouver for the best quality and the rarest precious metals. We always thought that going to Jewelry Stores in Vancouver such as J&M Coin & Jewellery LTD is a better option when it comes to investing your money but it would also seem like investing on high-end bags also has merits.

High-End Bags 

These bags are made from select and hard-to-acquire materials. Many high-end bags cost as much as a house. Hermes Birkin, for instance, can cost anywhere between $12,000 and $200,000 depending on how rare and how hard the materials are to source. A diamond-encrusted Birkin bag made from the skin of an albino crocodile was a hot item at an auction and was eventually sold at an unbelievable price of $185,000.

It’s a good investment but be wary about the risks. In case a law is passed to prohibit the use of animal skin in the production of bags and other products and goods, your bag will have no value.

Jewelry 

You can’t go wrong with investing on precious metals. This industry is the most stable and isn’t affected by economic slumps. They are also easier to convert into money because there is a trading platform for it and there are a lot of interested investors out there. Unlike high-end bags that might only have a limited following – basically only fashion lovers – precious metals can cater to different kinds of people.

It would make more sense to invest on the one that has the least risks and the one with a broader platform for trading, which would be precious metals.

To know more about Fine Jewellery in Vancouver please visit our website: jandm.com