OVER the past decade, the housing market has been significantly outperformed by that for jewellery, reveals the latest research. Vintage jewellery has soared in value by more than 80%, whereas the average house price in England has risen by 47% during the same period.
As such, according to Bonham’s, Britons are sitting on millions of pounds worth of designer jewellery, simply because they don’t know what it’s worth. After a number of extraordinary finds— including a brooch from a child’s dressing-up box that sold for almost £10,000 and a ‘worthless’ piece of costume jewellery (above) going for £68,500, after it was discovered to have been designed by Coco Chanel—the auction house has launched a campaign, Makers & Eras (www.bonhams.com/makersanderas), with free valuation days across the country and dedicated auctions. So forget downsizing and have a rummage!