By MALCOLM HALLMANSTEINPosted Apr 04, 2019 04:04:23A necklace that shows the “love of a man’s heart” is as much a luxury item as a diamond or an engagement ring, according to a new jewelry appraisal study.
The study, conducted by The NPD Group, finds that diamonds, for example, cost about $500 for a 10-carat ring with a 3-carotid diamond, while an 11-caroon gold-plated ring with 10,000 carats costs about $1,500.
It also found that a 12-caratt gold-tipped gold necklace, made of 25,000 gold carats, costs about a half-million dollars, compared with about $5,000 for a 12.5-caron platinum-plating ring.
The findings, released Tuesday, are based on the findings of a study of more than 2,000 buyers in the U.S. and Canada in a survey by a jewelry appraiser.NPD Group’s report, titled The World’s Best Collection of Necklaces: A New Perspective on Quality, Value and Quality in Design, is based on a survey of 4,000 consumers in the United States and Canada.
The researchers surveyed more than 3,000 people, including people with jewelry, jewelry dealers and people who sell their own jewelry.
They focused on four categories: design, price, quality and value.
In the jewelry category, for instance, the researchers looked at how well jewelry was crafted and how it was priced.
They looked at quality, including whether the necklace was made with gold, silver, platinum or palladium, whether the diamonds were gold or silver, and whether it was made in a country that uses its own materials.
In contrast, the analysis of value and quality focused on the quality of the materials used in the jewelry.
The results of the study, which were released by NPD, showed that a ring with 20 carats is a good value, with the gold-and-silver-platted version costing $1.4 million.
The most expensive of the four jewelry types surveyed was a gold-carated ring, which cost about 1.4 times as much as a similar-sized platinum- or pallium-plased ring.
The diamond-tinted gold-trimmed diamond-trimming ring was priced at $1 million.
The platinum-trims gold-cut diamond-cutting ring, for which the price is $1 and 1/2 million, was priced about $600,000.
The diamonds were priced in the $600-700 range.
The survey also found, though, that people who are open to exploring their personal tastes may prefer to pay more for diamonds and platinum-touched gold rings.
This could be because they are more likely to want a ring that is “sexy” or that has a romantic “feel,” the report found.
A platinum-cut gold-stripe trims ring at a jewelry store in New York City, June 20, 2018.
The NPD study also found consumers are generally willing to pay higher prices for quality jewelry, even if it is not in the form of diamonds or platinum.
For instance, they are willing to spend $500 to $600 more for a ring of 10 carats.
And, they would be willing to do so for a diamond-cut ring of 1.5 carats or less.
The report also found there is a strong preference for jewelry with the highest quality.
“This is one of the most expensive jewelry types, but it is also one of our most sought after,” said Richard De La Torre, vice president of marketing and sales for NPD.
“We believe quality is an important ingredient in every woman’s wardrobe, and it is a luxury that women should be able to purchase with confidence.”