O’REILLYS Fine Jewellery, Watches & Silver Auction Starting 16th November 2022 at 1pm
As a culture, we are fascinated by objects that belong to the past. Classic cars, first edition books, Old Master paintings, stately homes, vintage designer clothing passed down through the generations are all considered to be significant, beautiful, and valu- able. Jewellery is no exception. Aside from the beauty and elegance of vintage and antique jewellery, there is something magical about a piece of jewellery with a past. 1. They are unique Unlike modern rings that are mass – produced, vintage rings were very often hand- made by skilled craftsmen with extraordinary attention to detail. It is hard to find the same level of craftsmanship even in bespoke modern pieces, the subtle sparkle and old- world techniques are unparalleled by modern design. No two items will be the same. 2. It is excellent value Buying antique, vintage and second-hand jewellery is VAT-exempt, which means you will automatically pay less than the equivalent piece made new. You are buying the same quality gemstones and materials without paying the manufacturing costs and mark – up of a jeweller, just the auctioneer’s commission of 22% of the hammer price … and it will retain that value Just as when buying a new car, you pay a ‘new’ price for new, modern jewellery.That pur- chase value then drops as soon as you buy it simply because it is no longer new.With antique and vintage jewellery the piece has already gone from ‘new’ to ‘old’ before you buy it so its purchase value remains the same. 4 Why buy vintage jewellery? TIMED ONLINE AUCTION OF FINE JEWELLERY, WATCHES & SILVER • WEDNESDAY, 16th NOV 2022 AT 1PM Lot 375
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