Long before Apple Watch entered the market, wearable items have long provided investors with solid-gold returns.
We're talking the original hard asset: fine jewelry. Whether its gold, silver, diamonds or pearls, this investment class continues to shine.
In 2014, auction house Sotheby's surpassed $600 million in jewelry sales, while rival Christie's did a record-breaking $757.7 million over the same period,
According to Rahul Kadakia, international head of Christie's Jewelry, interest remains high for 2015.
"Our upcoming auction on April 14th is comprised of superior quality diamonds, rare colored gemstones and natural pearls that present collectors remarkable opportunities to acquire one-of-a-kind rare jewels."
Christie's anticipates $40 million in sales next month from standout lots including a four-strand natural colored saltwater, black and grey necklace, one of the very few offered for sale in the past fifty years.
Much scarcer than white pearls, the multi-strand necklace from a European client carries a pre-sale of $3.8 to $4.5 million dollars.
By comparison, The Cowdray Pearl necklace, a single-strand gray pearl necklace sold at Christie's in 2012 for $3.3 million.
Dating back further, The Nina Dyer Black Pearl Necklace, a three-strand black pearl necklace was first sold at Christie's Geneva, in 1969 and subsequently at Christie's Geneva in 1997 for $913,320.