Do Tennis Bracelets Hold Their Value?
Tennis bracelets have long been a go-to piece of jewellery for most women due to their elegant and simplistic design. However, they were not always known as tennis bracelets.
Once referred to as an eternity or line diamond bracelet, this style is formed by an unending circle of diamonds around the wrist. It wasn’t until the 1978 US Open that the term “tennis bracelet” was coined when legendary tennis player Chris Evert lost her George Bedewi diamond bracelet during a match and famously asked the officials that the match be stopped until she found it. Since then, this design has found increasing use and popularity.
If you’re looking to purchase a high-quality tennis bracelet, check out Holloway Diamonds’ diamond bracelets from Australia.
What Is a Tennis Bracelet?
Tennis bracelets are composed of a symmetrical arrangement of gemstones, typically diamonds, connected by a thin, precious metal chain. Normally, the stones used in these bracelets possess the same size, shape, colour, and clarity, giving them their original name of eternity or line diamond bracelets. Because real diamonds sparkle in the light, this can be a particularly alluring arrangement. They can also be distinct pieces because how tight a tennis bracelet should be is unique among diamond accessories.
How Much Are Tennis Bracelets?
The price of a diamond tennis bracelet varies depending on factors like carat, cut, colour, and clarity, but a diamond tennis bracelet can cost as low as 1,000 USD and as high as 100,000 USD.
Furthermore, the type of metal used for the chain—evaluated on its strength, colour, and purity—affects the bracelet’s value.
Are Tennis Bracelets a Good Investment?
Diamond tennis bracelets, much like diamond rings and other articles of diamond jewellery, can be great investments as long as you know what and where to buy them. For instance, lab-grown diamonds don’t retain their value very well, as opposed to mined diamonds–there is an ever-growing supply of lab-grown diamonds but not enough demand to make up for it. On the other hand, natural diamonds can retain or appreciate in value because of their finite supply.
Another factor that affects a bracelet’s value is the quality of its diamonds based on the four Cs: colour, cut, clarity, and carat. Obviously, the higher the quality, the higher the value.
It’s advisable to purchase a diamond that has a high demand. For example, American Gem Society (AGS) and Gemological Institute of America (GIA) certified diamonds are much easier to resell than uncertified ones.
Lastly, select a popular bracelet design and setting to ensure that there’s demand for your tennis bracelet if you choose to eventually resell it. Tennis bracelets normally incorporate round-cut diamonds, and most designs have one row or loop of diamonds.
Tennis bracelets hold their value—in fact, their value can even increase depending on market demand. If you’re purchasing a tennis bracelet as an investment, it’s also important to select a piece you love so you can enjoy wearing it while its value grows.