Besides commodities and bitcoins and of course art, there are serious collectors who invest in jewelry. And like art, everyone’s tastes are different, and some pieces will be worth their high price regardless of aesthetics. But the fun of investing in jewelry is that collectors can show it off every day.
When buying rare, one of a kind jewelry pieces, it’s no different than buying art. Obviously buying the best things that one can afford that will hold the value is the key. Cartier and Van Cleef & Arpels & Buccellati, are examples of classic, jewelry brands. Many antique and vintage dealers specialize in vintage and art deco jewelry. Auction houses websites and catalogs showcase all sorts of special collections.
Jewelry is a valuable asset and investment which should be adequately protected from loss or damage.
AXA ART offers a specialty jewelry product for private collectors of classic antique and designer jewelry. The mono-line, broad coverage product is available in the United States & Canada for schedules in excess of $500,000 for focused collections ranging from ancient to vintage to contemporary jewelry.
Our specialty jewelry product offers affordable, “all-risk” coverage on a worldwide basis. The policy can be written as a separate mono-line policy or added to an existing fine art policy. The jewelry collections product is offered in addition to our existing scheduled jewelry product with values below $500,000.
Some of the product highlights include
- Various Valuation clauses: Agreed Value, Current Market Value or Current Market Value-150%
- Competitive rates for collections kept in the residence, residence safes, and bank vaults
- Coverage for loose, cut gems and stones available
- Scheduled or blanket policies
- $50,000 blanket coverage included
- Worldwide coverage
For more details about Specialty Jewelry Collections Coverage, please contact your AXA ART Underwriter.