Jewelry Dealers Say Vintage Looks Like a Savvy Buy These Days
Late last year, she began selling antique Georgian jewelry, too, through her 25-year-old brand’s website and New York City showroom. She thought it “felt right to sell existing things that still have life in them.” Floral diamond cluster earrings in gold and silver from about 1830 ($4,000) and a rivière of graduated cushion-cut topazes dating from the late 18th century ($14,500) are among the antique items Ms. Satloff currently offers.
She said she had observed steadily growing interest in antique jewelry that had only been compounded by current conditions. “Antiques have gotten more expensive in general over time,” in part because of period dramas like “Bridgerton” and “Queen Charlotte,” Ms. Satloff said, adding, “Antiques call to somebody who really wants a little nugget of the past.”
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Clients of Yafa Signed Jewels, which has a retail location in Palm Beach, Fla., and sells globally by private appointment and at international exhibitions, often regard their purchases as “wearable art or an alternative asset class,” said the company’s principal, Tyler Moradof.
The company’s wares start at about $10,000 and reach about $10 million, representing mainly heritage brands such as Bulgari and its Serpenti designs and Van Cleef & Arpels, with a ruby and diamond necklace from the estate of Estée Lauder.
“Year over year, we’re doing well,” said Mr. Moradof, who declined to be specific but reported sales increases of 50 percent annually since 2020. “We are in the process of opening up some other locations.”
Even the declining value of the U.S. dollar, which was trading near a three-year low in late June, has been a boon in Mr. Moradof’s business. “The U.S. dollar has become weaker, and the euro and Swiss franc have become stronger,” he said. “Our international clients feel like they are buying on sale.”