From sparkling diamonds to gleaming pearls and colorful gemstones adorning precious metals, fine jewelry refines your style while serving as a wise investment. Just imagine wearing a white tee and jeans with no accessories. Now, picture that same outfit with a pair of dazzling diamond studs, a multi-toned layered necklace, or any other jewelry. Somehow, it pulls your look together, making it seem like you put a lot of thought into your outfit. In reality, the jewelry is doing most of the work for you. That's the magic of jewelry!

If collecting jewelry has piqued your interest, this guide can help you set a budget, establish your collection goals, and identify jewelry pieces that align with your preferences.

How to Start a Jewelry Collection

While there is no one-size-fits-all approach to starting a fine jewelry collection, if you need help knowing where to begin, The Relux is here to help. Read on to equip yourself with the knowledge necessary to make informed choices in your jewelry acquisitions.

Step 1: Assess Your Financial Capacity for Starting a Jewelry Collection

Review your financial situation and be honest with yourself. Determine a budget that aligns with your current income, savings, and overall financial goals, considering your monthly disposable income, existing obligations, and any potential unforeseen expenses. Strike a balance between indulging in your passion for jewelry and maintaining financial stability above all.

Step 2:  Set Short-Term and Long-Term Jewelry Collection Goals

Get a pen and paper or open your Notes app. Outline your collection goals with a combination of short-term and long-term objectives. Short-term goals may involve acquiring jewelry pieces that commemorate significant life events (graduations, promotions, or anniversaries). Long-term goals may encompass building a diverse collection, investing in specific jewelry categories, or focusing on particular gemstones or precious metals. Having short and long-term objectives will give your collection a sense of purpose and direction.

Step 3: Prioritize Jewelry Pieces Based on Preferences and Investment Potential

As you set your budget and goals, choose the types of jewelry most appealing to you. Determine whether you have an affinity for diamonds, colored gemstones, or plain precious metal designs. Consider the occasions for which you intend to wear your jewelry, too, and their overall versatility and timelessness. Moreover, explore their investment potential, especially if you envision your collection growing in value over time.

Step 4: Understanding Jewelry Sizing and Measurements

Different types of jewelry require specific sizing and measurements. For rings, it's crucial to know your accurate ring size to ensure a comfortable fit. You can visit a jeweler to get professionally sized or use online ring size charts to determine your size at home. Similarly, pay attention to the length and width specifications of bracelets and necklaces, especially if you prefer a particular fit or style.

Step 5: Start Building Your Core Collection

Establishing a core collection of timeless and versatile pieces is paramount in pursuing a fine jewelry collection that reflects your unique style and taste. These foundational pieces are the backbone of your jewelry collection, providing the perfect starting point for adding glamour to your look on any occasion. As you curate your core collection, consider the following essential jewelry pieces:

• Diamond Stud Earrings: A pair of classic diamond stud earrings is essential in any fine jewelry collection. Simple, elegant, and endlessly versatile, diamond studs add a touch of sophistication to both casual and formal ensembles. Opt for a timeless round-cut or princess-cut diamond set in a precious metal of your choice. Their effortless charm and enduring appeal make them a valuable investment you can pass down for generations.

• Hoop Earrings: Hoop earrings offer a touch of playfulness and a dash of chic to any outfit. With various sizes and designs available, you can choose hoops that suit your style and preferences. Whether you opt for sleek and slender hoops for a minimalistic look or bold and textured pieces to make a statement, these earrings can elevate any ensemble, from casual daywear to elegant evening attire.

• Necklaces in Short and Long Lengths: Invest in a collection of necklaces in different lengths to complement various necklines and outfit styles. A short and delicate chain necklace is perfect for layering with other pieces or as a subtle accent to a high neckline. On the other hand, a long and elegant chain necklace can be a standalone statement piece or paired with shorter necklaces for a chic layered look.

• Tennis Bracelet: Simple yet stunning, a diamond tennis bracelet is a timeless addition to your core collection. Adding a touch of elegance and refinement to your wrist, you can wear it alone or stack it with other bracelets for a fashionable and personalized look.

• Set of Layered Rings: Embrace the trend of stacked rings by investing in a combination of thin and chunky bands (you can also add an eternity ring for a little sparkle and shine). Mix and match different metals and textures to create a personalized combo. Layered rings provide the freedom to express your creativity and style, making them an essential part of any core jewelry collection.

These timeless examples seamlessly adapt to various occasions, making them the go-to pieces you will cherish and wear time and time again. They also lay the foundation for the more elaborate and diverse designs you may add to your jewelry collection.

Related: 10 Everyday Jewelry Pieces That Will Never Go Out of Style

Step 6: Balance Quality and Quantity

Remember that fine jewelry is an investment, and quality should always precede quantity. Instead of acquiring numerous lower-quality pieces, consider investing your money in fewer, high-quality, timely jewelry that will retain value. Choosing well-crafted, authentic gemstones and precious metals will enhance the aesthetics of your collection and offer the assurance of long-term value.

Step 7: Seek Professional Advice