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The Benefits of Buying Loose Gemstones Instead of Set Jewelry

The Benefits of Buying Loose Gemstones Instead of Set Jewelry
Reading Time: 4 minutes

When you’re shopping for jewelry, you have two options. You can buy loose gemstones or set them in a piece of jewelry. 

If you’re new to the world of gemstones, it’s easy to be confused about what matters when you’re choosing a piece of jewelry. Is it better to buy a loose stone or a set one? Which type offers more value? And are there any other considerations that need to be taken into account when making this decision? The answer is yes. 

Here are some reasons why buying loose stones instead of setting them in a piece of jewelry can offer more value and benefits than buying a pre-made piece.

Flexibility

If you’re not sure what you want or if some elements of your jewelry could be changed, then buying loose gemstones is the way to go. You can buy a set and then upgrade individual pieces over time. For example:

  • You might want to start with a smaller diamond for your engagement ring but then upgrade to a bigger stone when you get married (or vice versa).
  • If one day you decide that emeralds are more your style than rubies, then sell off those rubies and buy some emeralds instead.
  • Maybe after years of wearing diamond earrings every day, they start looking dated. But since all three of us know how expensive those little things are nowadays, we’d rather not just throw them out altogether. Instead, why don’t we trade them in for something new?

Cost

You can buy more gems for your money with loose gemstones.

For example, if you want to buy a diamond ring, it’s much cheaper to purchase loose diamonds and have them set in a ring by a jeweler than it is to buy that same ring pre-made by someone else. 

A similar thing goes for other types of jewelry, like earrings or necklaces. If you want multiple pieces made out of the same gemstone (like sapphires), buying them individually will cost less than purchasing one large piece with multiple stones.

Quality

You may be wondering why loose gemstones are better than set jewelry. The answer is simple: quality. Loose gemstones are of higher quality than set jewelry because they are not made with synthetic materials or cheap metals, and they’re more likely to be made with care. 

Loose gemstones also allow you to choose the exact stone that best fits your needs and tastes. This means that if one breaks or gets damaged, it can easily be replaced without having to buy an entirely new piece of jewelry.

To explore a variety of high-quality loose gemstones from a trusted source, you can visit the following page: https://www.leibish.com/collections-gemstones.

Investment

According to Forbes, gems are considered an alternative investment. An alternative investment is an investment in assets that are outside of cash, stocks, or bonds. This runs the gamut from debts and private stocks to crypto, venture capital, wine, luxury watches, and art.

The value of gemstones is not affected by the economy, and they can’t be reproduced. This makes them a good investment. Loose stones have been used as currency for centuries, so it’s clear that people have always recognized their value.

The beauty of a gemstone is also important. They last forever and will never lose their appeal or beauty over time. You can also pass them down to your children and grandchildren.

Customization

You can have a stone set in a custom setting that you like. This is especially useful if your budget is limited and you want to make sure that the stone stays safe and secure but still looks beautiful. 

For example, buying loose gemstones may be the way to go if you’re looking for an engagement ring but want to spend less than thousands of dollars on it. You could find some diamonds that catch your eye and then have them set into an engagement ring made by hand by someone who knows what they’re doing. And they won’t charge as much as most jewelers would.

In The National News, famous rapper Slick Rick talked about his love for jewelry and its customization to suit his art. He refers to his jewelry as his superhero suit, which is an extension of his beautiful brown skin. For him, customization is the key. He will not walk into Tiffany and Co. and buy something because he doesn’t want the same thing everyone else has.

Upgrades

When you buy loose gemstones, you can always upgrade your stones to a higher quality. If you have an engagement ring with sapphires but want to upgrade it so that the center stone will be more expensive than your wedding band or engagement ring band itself, this is possible.

You also have the option of selling your loose gems instead of selling them as part of a set piece. You might feel like selling one or two of your gemstones would help fund another purchase. Maybe it’s an emerald for another piece, or maybe it’s something else entirely. Either way, having the freedom to do whatever feels right at any given moment is one benefit of buying loose gemstones over set jewelry options.

Conclusion

In conclusion, if you’re in the market for a new piece of jewelry that will last you a lifetime and make a statement, then consider buying loose gemstones instead of set jewelry. 

Future Market Insights estimated the gemstones market to be worth USD 30.77 billion in 2022. It is projected to reach USD 53.15 billion in 2032 with a compound annual growth rate (CAGR) of 5.6%. The gemstones market has a 50%  share in the total gems and jewelry market.

Therefore, you’ll find a variety of loose gemstones in the market. Whether you want to use gems as an alternate investment or for customized jewelry, they’ll always be worth your money.

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