Natural Diamond Prices – November 2024
At PriceScope, we remain committed to delivering timely and insightful updates on the diamond market’s latest trends. Our expert analysis focuses on the economic and social changes that shape consumer…
Fine jewelry versus costume jewelry is a debate that frequently comes up amongst jewelry lovers. When one speaks of fine jewelry, we often refer to jewelry that is made up of precious metals (specifically gold and platinum), semi-precious stones (for example, amethyst and aquamarine), and precious stones (for example, diamonds and sapphires). Whereas, costume jewelry uses less expensive or simulated stones, as well as plated metals. There are some misconceptions about fine jewelry which we will address. This blog post focuses on everything you need to know about fine jewelry and get a glimpse at our range of fine jewelry from PriceScope’s esteemed jewelry search.
Some consumers have this misconception that fine jewelry is only made of platinum or gold made from 18 karats and above. Whilst others believe that fine jewelry is made of jewelry 14 karat gold and above. Most consumers believe that jewelry made of 10 karat gold to be costume jewelry. Consumers also have this misconception that jewelry made of silver is costume jewelry but recently due to the price increase of silver, silver jewelry can, too, be considered fine jewelry. So fine jewelry today is considered jewelry made of silver, gold and platinum.
When one compares fine jewelry and costume jewelry side by side, there’s no question which one is the better choice. Fine jewelry is created to last for a lifetime and can even be passed down for generations. This is known as heirloom jewelry. When fine jewelry breaks, it can usually be repaired. Furthermore, fine jewelry retains value in the future. So, you may want to consider purchasing fine jewelry as investment pieces.
Platinum Dual Row Diamond Eternity Ring at B2C Jewels | Platinum 6 Prong “Martini” Earrings – Settings Only at Whiteflash |
Six Stone Radiant Cut Engagement Ring in 14K Yellow Gold – Setting Only at James Allen | 9″ Men’s Diamond Cut Square Franco Bracelet in 14k Yellow Gold at Blue Nile |
What is Sterling Silver? Sterling silver is an alloyed form of silver that is much more suitable to use in jewelry. Fine silver is 99.9% pure silver but it’s generally too soft and malleable for jewelry. Fine silver is alloyed with copper to create sterling silver, which is 92.5% pure silver and 7.5% copper. |
18k Rose Gold and Sterling Silver Tacori Two-Tone Promise Bracelet at Whiteflash | London Blue Topaz and White Topaz Halo Bracelet in Sterling Silver at Blue Nile |
Emerald-Cut Diamond Double Halo Stud Earrings in 18k White Gold at Blue Nile | 18k White Gold “Shared-Prong” Diamond Hoop Earrings at Whiteflash |
Aquamarine and Diamond Bracelet in 18k White Gold at Blue Nile | Oval Amethyst Eternity Necklace in Sterling Silver at Blue Nile |
How do you define fine jewelry? and show off your fine jewelry collection – Click the comments button below.
Written by Bianca Mac Donald
Retail Diamond Prices Chart Updated Monthly.
At PriceScope, we remain committed to delivering timely and insightful updates on the diamond market’s latest trends. Our expert analysis focuses on the economic and social changes that shape consumer…
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