Jewelry is commonplace. We can’t repeat this enough. It’s present in every culture, geographical location, and any occasion. But it’s nice to know the importance of jewelry over the years and how it can help you choose when you purchase your next piece.
Below you will find how jewelry used to symbolize social status then it became a fashion accessory, a gift, and lastly an investment.
Importance of Jewelry
Whether you are a jewelry lover or not, you should have at least one precious metal as an investment. According to Investopedia, everyone should invest in gold for eight reasons. One, it holds its value unlike paper currency and other assets. Two, when the value of US dollar falls, people buy gold which instantly raises its value.
Three, it has been known to be an inflation hedge. When the cost of living rises, its price goes up as well. Four, it offers protection against deflation. According to history, during The Great Depression of the 1930s, gold’s buying power soared “while other prices dropped sharply.”
Five, it prevails over geopolitical uncertainty. Investopedia comments “Its price often rises the most when confidence in governments is low.” Six, there is supply constraint. Gold production has been declining for the past couple of years. Reviving it will take about five to ten years. And as we know, when the demand is high and the supply is low, the price increases.
Seven, there is an increasing demand. Recently, Robert Kiyosaki encouraged every one to buy gold or silver to ensure their future. The current financial situation of the US doesn’t appear to be stable these days, and gold or silver is the only one with real value.
Eight, it’s perfect for portfolio diversification. According to, again, Investopedia, gold has negative correlation to stocks. Which means investing in gold and combining it with stocks and bonds reduces your investments’ risks.
At some point in our history, jewelry signifies prestige, wealth, and power. Those who can afford them had someone who can mine, mold, and design the jewelry for them. They also had the means to add precious stones to it.
Crowns, for example, are something only the kings, queens, prince, and princesses possess. This is because crowns are made of pure precious metals and stones. While crowns are no longer worn on a daily basis, each monarch family owns one in the keeping.
Turbans with gemstones and precious metals are also used to distinguish a commoner from a royalty.
Conversely, slaves were given slave cuffs by their masters in the olden days. While these cuffs can also be made from gold or other precious metals, this means that their owner possesses wealth and power.
Nowadays, social status is depicted in jewelry based on the karats, diamonds, and other precious metals and stones included.
Besides the jewelry collectors, we assume each piece of jewelry we own has its story to tell. Even in the ancient cultures, their ornaments say something about themselves or where they are from.
Warriors and hunters, for example, wear bones of the animals they killed just the way they wore tattoos for every battle they won. This tells us the story of their bravery.
Prehistory also tells us that ancient people used different types of jewelry and each has a story to tell. Those living near the ocean for example created necklaces out of seashells while some have pearls in them.
Those living in a forest or jungle had ostrich egg shells. In Russia, stone and marble bracelets are found by archaeologists.
Early modern humans, says Wikipedia, “had crude necklaces and bracelets of bone, teeth, berries, and stone hung on pieces of string or animal sinew, or pieces of carved bone.”
Some celebrities boldly wear names around their neck, commonly referred to as blings. It can be their own names, name of the divine power they serve, or name of a loved one. The stories behind these are usually about the struggle they went to, not really an identification of who they are. The names are normally in shiny letters to depict victory over hardships. Names of divine power such as Jesus tells us that these individuals relied on him as they went through hardships.
We all know the story of Rose’s necklace from the movie Titanic. While we don’t know if it occurred in real life, we know that a blue heart necklace tells the story of Jack and Rose’s undying love.
Jewelry is an important gift across many cultures. For a couple, engagement and wedding rings are necessary gifts in their relationships. In some Indian cultures, bangles are given to brides and are worn on her wedding day.
Friendship bracelets are also commonplace especially among the younger generation.
Fairy tales show us that royal parents give necklaces to their newborn. Family jewelry is also passed from generation to generation in other places.
We frequently receive orders for our customized necklaces and bracelets, and the buyers ask us to engrave initials or names in it.
The most expensive gift in history is Koh-i-Noor, one of the largest cut diamonds in the world, according to True Facet. It’s gifted to the British Queen Victoria in 1850 and has been with the British Crown Jewels ever since.
While it has no known value, experts estimate its worth to be more than $670 billion.
We don’t know exactly how and when jewelry became a fashion accessory, but we’re assuming it’s when mining and jewelry making became commonplace. When equipment needed for mining was developed, access to precious stones and metals was made easier. This resulted in a boom of jewelry designers all over the world.
Since it has become readily available to the masses, it has also become a much-needed article for any clothing. There are pieces of jewelry designed for formal and casual occasions, designed to commemorate loved ones, and designed to get oneself motivated.
Customization and personalization of jewelry also became mainstream. You can add initials, names, signatures, or short phrases in necklaces, bracelets, and rings. You can also choose your gemstone or charm to bring in good luck to your life.
Many celebrities and fashion designers regard jewelry as necessary. Some of the well-known jewelry collectors are Queen Elizabeth II, Elizabeth Taylor II, Princess Salimah Aga Khan, the Duchess of Windsor, Mrs. Lily Safra, and Countess Guy du Boisrouvray. You can read more about their love affairs with jewelry on Tatler’s site.
No matter where you look at it, jewelry has become an important part of our life since time immemorial. It can be a good investment, a lovely gift, a captivating storyteller, a divulger of status, and dainty piece of accessory.