Luxury goods are commonly considered as “private use items” rather than investments and their purchase is regarded as a whim or fancy of the owner or buyer. Nevertheless, certain luxury goods can be also a valuable investment, especially those bordering with art (such as jewelry or design items) and those subject to limited supply or increasing value with age (such as wines or liquors).
Generally speaking, anything which is not essential for living but has specific value for certain individuals or groups can be considered as a “luxury item” but only those which would have the tendency to increase their value can be considered as investments, such as rare books.
At SERGAN we can assist you in analyzing whether specific categories of items would be worth purchasing as investments, in analyzing collection ideas as to their feasibility and practicability as investments or being a simple whim.
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