Comment by ahtihn

> But it isn't true; if you resell your jewelry you're going to get basically nothing compared to what you paid, unless you like to wear gold chains. The resale value of new jewelry is more like the resale value of a new car.

This entirely depends on the type of jewellery and the premium you pay for it over the price of raw materials.

I know for a fact that there's quite a lot of jewelry that trades at a fairly tight spread around the price of weight in gold (10-20% between bid and ask). Losing 20% isn't getting "basically nothing"

Of course, if there's a brand name involved you're not really paying for just the gold content anymore so there the resale value sucks.