What is the average $ amount of Jewelry Owned

[Bonsai]

I know we have folks from different countries, so I just thought I'd do an unofficial sort of questions.
My collection is topping $xx,000. Yikes maybe it's a little much??
How much does the average woman own in jewelry do you think?

 

[MRBXXXFVVS1]

Since the average American spends $7,750 on an engagement ring, I would estimate the average woman owns over $10K in jewelry? The average PS member probably owns $50K in jewelry, with ranges from $10K to over $100K?

 

[1ofakind]

The median for an engagement ring in the US is $1830. I don’t think most people have near $10K in jewelry.

 

[maryjane04]

Maybe we should do a poll? I think that maybe PS'ers have more jewellery than the average person lol

 

[MRBXXXFVVS1]

The median for an engagement ring in the US is $1830. I don’t think most people have near $10K in jewelry.

Engagement Ring Financing: A Comprehensive Guide

Learn how to buy an engagement ring with a credit card, choose the right card, find strategies for budgeting, and manage credit effectively.

www.businessinsider.com

 

[1ofakind]

Engagement Ring Financing: A Comprehensive Guide

Learn how to buy an engagement ring with a credit card, choose the right card, find strategies for budgeting, and manage credit effectively.

www.businessinsider.com

The average is very different than the median. 50% of engagement rings purchased cost less than $1830.

Three Months’ Salary for an Engagement Ring? For Most People, It’s More Like Two Weeks (Published 2019)

Though the amount varies, as a percentage of income the cost is surprisingly constant.

www.nytimes.com

 

[dk168]

I know i own more than an average lady in UK in jewellery.

DK

 

[emeraldhummingbird]

Apart from e-ring it would probably be in the vicinity of $2-3k. I only have 3 or 4 "real" pieces and a lot of costume jewellery. I bought a pair of emerald studs recently and the gem bug bit me hard. My bank balance had better be careful!

 

[MaisOuiMadame]

I can just say that I was shocked how much "small stuff" I had that added up to a huge amount. When we got burglarized they took predominantly heavy yellow gold , no pearls and left some antique diamonds and coloured stone stuff.

I have looked at the police report and the yellow gold that I didn't wear (inherited) that they took added up to a LOT going by weight only for the gold.

I prefer not to calculate the value of my "good stuff " that was at the bank at the time..

 

[RNJonja]

My small diamond collection is near $5k. That feels like a lot I'm from Finland.

 

[caf]

Someone did a poll about this topic awhile ago.

 

[Bonsai]

Where can I find it

 

[caf]

Where can I find it

Use the search function!

 

[AprilBaby]

Mine is well over Xx,000

 

[Bonsai]

Use the search function!

I did nothing came up I would have to have some idea of the title etc

 

[caf]

I did nothing came up I would have to have some idea of the title etc

I’m sorry I don’t recall.

 

[joelly]

I did nothing came up I would have to have some idea of the title etc

I did too but nothing came up. Oh well...

 

[Polabowla]

Are you referring to retail- like amount paid? Or current value? I mean if some piece was bought years back did it depreciate or appreciate in value?
Not sure how this would be calculated.
@kipari I'm sorry ; I had pieces stolen too it's awful.

 

[oodlesofpoodles]

Just got my renewal for my specialized jewelry insurance policy today - I’m insured for more than my first house cost! Granted it wasn’t the best neighborhood....

 

[Bonsai]

Either I suppose or any
Some antique pieces maybe worth more

Initially I meant amount paid but if u consider all things my most expensive ring was 1/2 the appraised value I got it used so.... it’s not the most expensive I paid out of pocket

 

[Dancing Fire]

The average PS member probably owns $50K in jewelry, with ranges from $10K to over $100K?

That's a wide range...

 

[Grymera]

I mean, it also depends if you're talking purchase cost versus replacement value. I bought a gemstone ring for $400 in platinum from an ebay seller with a 3ct center. If I had to run out and replace it today, it would easily be $1500 to have a similar ring made. Would I count that as "$1,500" value in my collection?

 

[mommylawyer]

I think this is the poll you're looking for:

Total jewelry budget??

We often have a budget for individual pieces, but I'm curious if PSers also think about an overall jewelry budget. I just redid my jewelery insurance and seeing the total value surprised me a bit and got me thinking about this. If you are comfortable sharing, is there a point at which dollar...

www.pricescope.com

 

[blingthing]

I suppose it also depends if people consider watches as functional jewelry or purely a tool? They can add up very quickly

 

[pk888]

Interesting thread

especially when we cindyser gold and precious Jewelry that appreciate in value over time

I have started collecting as early as 8/9 years old and in my early 30s now

the gold I had bought back then have definitely tripled in value… and as a buyer/collector I have been conscious that I buy when I’m able to substantiate my purchase based on raw material value to make sure I am getting a great deal

the most current value of my collection is at $1xx,xxx

I spent less than the current value being a more frugal buyer

do you guys inventory and make a list of your collections and see how much you spent, and what the actual/ current value is based on gold value and fair market/ wholesale value of the stones are?