/biz/ - Business & Finance

jewelry loses tons of value the second you pay for it
-t. used to work at a "we buy your gold" place

weak bait

>>53613843
I recommend that you consider 24k from mene.
https://mene.com/

>>53613877
And why is that brotherman? Aren’t gold and silver appreciating assets or hedges against inflation?

>>53613981
because it's not solid gold, lmao

>>53613981
>>53614001
what this anon said
it has a very high markup relative to the actual cost of the metal
if you can grab jewelry for the price of the metal alone, you can get good deals, otherwise walk
one other thing: we're talking about JEWelery, the first three letters should tell you everything you need to know

>>53614001
How so? I'm increasingly getting interested on buying second hand jewelry because it's cheaper

>>53613981
>>53614067
it's low quality and gets worse when you wear it. even pure gold bars and coins need to be stored properly to maintain their condition.

If you have lots of money to waste then it’s an okay investment, as long as it’s at least 20k or better, and it’s handmade by a real Cuban dude who charges by the gram.
I wanted to buy some gold a year ago when crypto was up and I decided to pay a 35% premium over spot to get in in a wearable form cuz I was rich at the time. If you aren’t loaded then don’t even think about jewelry. My portfolio was like $3 million so I could afford it but I highly doubt you can considering that you want poor fat 14karat garbage. Mine is half a pound of 22 karat gold and I love wearing it every day. I will buy more gold once crypto is up again but probably just in coin form this time

>>53613956
24k is too soft for daily wear jewelry.

>>53614268
Yeah 22k is max for everyday use

>>53613843
I'm not a gold person, but if you're buying it for you and not me, then you do you.

>>53613843
That's a great idea, Anon. That way, everybody will know you had 10,000 dollars once.

>>53614268
>24k is too soft for daily wear jewelry
Unless you're a blue collar worker, or they have intricate designs, this is a lie

My wife has worn simple 24k pieces I bought daily for years now, no issues

>>53613843
OP, it's not a good "investment" but if you're very patient you can get what you want off eBay for 5-15% premium instead of a stores 300-500% bullshit scam markup

I'm personally a fan of jacoje, but that's harder to get a great price on (though I did eventually)

>>53613843
Based, I have one as well.
Gold is everything, cope and seeth cryptocels.

>>53613843
>link
REEEE TO OKEN NOT NEEDED SELL BAGGIE

>>53613843
Get a Rolex. They maintain value decently. Just keep the box and certificate.

Cuban link is pretty fire, you do pay a premium for the craftsmanship and people will try and fuck you over on price if you go to try and sell it anywhere, but at least you have some liquid.

Don't listen to these fags naysaying.

>14 karat
I wouldn't even use it for my dog.

>>53613981
What you're looking for is gold bullion, buy that instead.

>>53614001
Retard. Gold is gold people will always pay you around spot price.
It holds its value fine as long as you didnt overpay 200% over spot at a jewelry store for it

I think 18k is the sweet spot. 20-24k is too uncommon, yellow and dense, plus im a fan of white and rose gold

>>53614268
Just don't roll around in sand all day every day and you'll be fine.

>>53613843
Are you Italian or a spic, I’m a spic and love my Miami Cuban link, don’t listen to these baby dicked incels if you can afford it do it

>>53614260
https://danieljewelryinc.com/

i heard these guys were the best for cuban chains? r they?

>>53615691
i agree. i have never seen a cuban chain in the 20-24k gold purity range. i think 18k looks way better than 14k gold.

>>53613956
agreed

>>53613981
Because you're not paying for it's weight in gold, you're paying for the jeweller's labour. Given enough time it might be worth more. My mother has a bunch of gold jewellery she bought over 20 years ago and that's now worth much more, but the price of gold dipped around 2000 so it could just be because of that.

>>53618710
You can buy gold jewelry for spot on ebay if youre patient, you can even find it below spot being sold by some noob boomer. If you can get both for spot then jewelry has more utility since you can wear it. Vs bullion which just sits in your safe for your entire lifetime

>>53614067
>How so?
do you seriously not know what 14 karat means?

>>53615054
Are you that youtuber from NYC who owns a gold chain store?
I own crypto, silver and gold.
Might even buy land too, you guys are such faggots.

>>53613843
Also, I am looking for a low cost silver chain to wear, you guys have any sites that aren't scammy?

>>53619290
Silver jewelry always has a huge premium. Its very rare to find it for spot.

Nobody wants to waste their time selling a 10 gram chain for 5 bucks

>>53613843
My dad used to own a pizza shop in a bad urban area (mostly Puerto Ricans and Dominicans) as an immigrant (med) in the early 2000s. He had video poker machines in the back and hired locals. You have no clue how many of them have real chains like this. Hispanics get a lot of hate but they understand equity a lot better than your average white. They will keep chains or a car and use it as collateral for loans from people like my dad (who had cash from the poker machines they would play). He had me working the cash register at 12 (wish I was exaggerating), and it taught me a lot about how the world really works. Anyways the moral is you can get these chains for a pretty good discount if you aren’t a bitch and have friends/networks in urban areas (high crime places normies avoid, but where they mostly commit crimes against each other). This assumes you’re not autistic, but the way.

>>53613843

No. Buy a 24k chain. It'll be way smaller, but it'll actually hold its value in gold.

yes depends on your gramm price, normaly they have a 100% premium on the spot price, so your 10k chain will get you 5k(the gold value) in the pwan shop. For example a Rolex Day Date in Gold have a Gold value of around $7500, the watch price starts at 40k.

Try to get one in a pwan shop.

>>53619542
>Silver jewelry always has a huge premium. Its very rare to find it for spot.
Yeah, I just want a decent size chain for a decent price, I just dont want to pay for an extreme markup.
Trying to go full sleaze core for the least money as possible to maximize sleaze.

>>53619947
>He had me working the cash register at 12 (wish I was exaggerating),
Wow dude, your dad sounds based and cool as fuck.
My dad just sold cocaine and walked out on my mom when she was pregnant.
Maybe your dad was right for making you work.

>>53613843
>>53614260
>>53614767
>>53619947
>>53619998
Wiggers
>>53620170

>>53619947
people like this have chains because they can't get taken by the bank when they owe money and they can't get taken by the court when they get arrested, and they pay a very large premium for these items and a good portion of them are fake. if you aren't at risk of getting repoed or arrested they are an awful investment and they put a target on your back if you actually wear them.
"rich" old men in the hood wear designer shoes. dumb young men destined for a casket wear chains.

>>53620170
He was
>>53620460
Why the hell would you wear this? And no, he didn’t buy anything fake. The best one was a heavy link chain like in OP with a huge Virgin Mary icon made of gold

>>53620460
The guy you are responding to is an idiot he unironically said “Hispanics understand equity better than whites.” He’s deluded.

>>53620057
Love sleaze core, in the summer pairing white slacks with a polo, is top.
>This is financial advice

>>53613843
>>53613981
>>53614067
ITT blingniggers think buying gold jewelry is the same as buying bullion.
Lol, lmao even

>>53620261
>Wiggers
Okay, faggot. You should go get some head or some pussy or something, maybe some some pot and take that fucking edge off.
>>53620785
>He was
Good, glad you like yer pa.
Just remember your da could have just walked out on you but he didnt.

>>53620878
>“Hispanics understand equity better than whites.” He’s deluded.
All the white dudes I know are divorced raped, in jail, on hard drugs, living off their mom and dad, single parents or working crazy long hours.
Meanwhile like two spics I know own houses and are married with kids, it aint the 1950s anymore, provo.

>>53620057
>sleazecore
>with a silver chain
At least get a fake gold chain thats actually sleazecore lmao

>>53621545
Muslims will literally buy a mansion and have their 5 sons all live there with their wives and kids. Then they can work whatever job and all pitch in

>>53613956
Mene sells overpriced 24k jewelry. Take a trip to SEA and buy some Thai/Cambodian gold or just fly out to LA or San Jose and pick up some there from the Vietnamese.

>>53613843
At least get 18k. 14k is just desperate
>>53622631
Most SEA people get their jewelry from relatives working in gulf arab countries because its cheap and top-tier, in asia it's probably fake as shit.

>>53613843
The price of gold soars, it's quite a sight
People in envy of my jewelry so bright
Their eyes filled with jealousy and spite

My gold will hold its value, I'm sure
It's an investment - a solid, long-term cure
For worries and troubles, there's nothing more pure

So while they may be mad, I am secure
My jewelry will last and its worth endure
And I'll have my gold long after they're gone, of this I am sure.

>>53614260
i think it looks cool. gotta see it on the man though. send a pick chin down with it on. shouldnt be wearing someyhing you cant protect

>>53617391
I prefer cmg links, they make real deal heavy Miami Cubans. Father son shop with like 50 years experience making Cubans. Check the wait times tho

>>53617391
That's a nigger jeweler for niggers.

>>53621545
The average beaner rents a tiny apartment but has the newest iPhone, a big screen TV and a brand new Nissan Armada. You are out of your element.

>>53623261
What’s your take on the Seybold building are there good deals in there? Was gonna stop by to see prices

>>53613843
No

>>53615054
Watchfag here with real gold watches
What is that shitter? Looks like some 90s shitter
Prove me wrong by showing what it is

>>53613843
That is trash, and so are you. You will pay more than melt value, and sell it for less.

>>53613843
As an investment? No. It's remarkable how high the mark up for stuff like that is over bullion. Like, it's not hard to make a chain from an industrial point of view. Better off with bullion.

>>53614767
I have a 24k ring and a couple necklaces, and it's totally fine.
The ring has bent a little when if I try to lift with it on, but other than that it's fine.
I have a concrete business, so it's not like I don't do manual work.

less than 24k is a jew trick to sell you worthless shit. Don't let them get away with it.

>>53613843
This is not a good deal. If you’re going to spend 10k on a chain, at least get one that’s 24k.

https://mene.com/chains/gold/flat-curb-chain-gold

>>53624857
Stop shilling this stupid brand just go to a real jeweler who has been hand making chains his whole life and ask him to make it in 22 or 24k

>>53624910
Let the retards pay over 30% markup on 24k chains.

>>53624910
That works too. It’s all good, brother. Anything’s better than what he’s trying to do.

>>53624961
Anon I recently bought a necklace for my wife with a merchant called Suay and I paid with crypto and got a cash back of 1.5% flat. Financial freedom is what I believe and now crypto does that for me.