New York Loan Company, a luxury pawnshop in Manhattan’s famed diamond district, knows better than most that buying diamonds, watches, or jewelry investments can yield a big payout over time.
One of the best ways to acquire finished jewelry for an investment purpose is to buy signed pieces created by marquee names including Harry Winston, Tiffany & Co., David Webb, Graff, Van Cleef & Arpels, and Cartier. These fine jewelry houses are known for their exceptional craftsmanship, reliability, and quality gemstones and diamonds. Luxury brands have a much higher resale value than other jewelry, and the more unique and rare the piece, the more likely that you’ll be able to sell it for a profit. Auction houses routinely have beautiful signed pieces, both vintage and modern, that sell at a higher price than their retail value.
The same is easily said for luxury watches, where the movement and craftsmanship is vitally important to the value. Highly complicated movements demand a substantially higher price – especially if the timepiece is crafted from a reputable watch manufacturer. Watches from Patek Philippe, Vacheron Constantin, Rolex, Hublot and Blancpain are examples of high-end luxury watches that retain their value much more than some of the familiar mainstream names. These brands usually have limited production and are partially – if not all – handcrafted. As with jewelry, they can sell at a high price point at auction or to dealers in the trade on the secondhand market.
New York Loan Company, loans against and purchases beautiful one-of-a-kind pieces from these famous jewelers and watchsmiths and can attest to their higher value. “Making a pawn loan on a rare piece of jewelry is always a pleasure, especially when the piece is signed because I know I can offer a significant premium,” said Jordan Tabach-Bank, owner and CEO of New York Loan Company. “The collateral speaks for itself in these situations, the artistry and skill that go into making each piece is obvious to the trained eye.”
Tabach-Bank reminds investors to keep all paperwork, certificates of authenticity, GIA certifications, boxes, and bags. “Surprisingly enough, these accessories can have a considerable effect on the amount we can loan.”
New York Loan is located at 50 West 47th Street in Midtown NYC. For questions regarding a collateral loan, dial 212-997-5626 or email at email@example.com