An online silver jeweler (Balticamber.com) has reported a large increase of sterling silver jewelry sales in the face of economic decline. The New York based jewelry retailer has reported that sales in the departments of silver jewelry, sterling silver jewelry, and amber jewelry have drastically risen since last year.
Economists believe that the economic crisis has padded the sales of less expensive jewelry. They say that less disposable income means seeking inexpensive alternatives to high investment luxury items.
Economic experts report that expensive luxury items such as jewelry are the first things people abandon when faced with economic hardship. People may often become saddened by the inability to afford jewelry that often represents an extension of their personality.
We know all about jewelry depression. People have a need to express themselves, and sometimes that is reflected in the jewelry they wear. Silver jewelry studded with precious materials such as amber, turquoise, and Larimer are beautiful and affordable to people no matter the size of their budget.
Balticamber.com has been offering a wide selection of silver jewelry since 1994 and says that this is the first time that they’ve seen such a large spike in sterling silver and amber jewelry. “It’s unlike anything we’ve ever seen. We’ve offered handcrafted jewelry for fifteen years and this is the largest yearly increase to date,” a spokesperson said.
The price of diamonds has skyrocketed, while gold is still hovering around $900 per ounce. Balticamber.com’s aim is to offer hand crafted silver and amber jewelry to individuals whose budget does not support high priced commodities.
“We understand that people are having a tough time affording what they need let alone luxury items. By purchasing sterling silver jewelry at a much larger discount, you can still afford finer things,” said the spokesperson.
Visit the http://www.balticamber.com/ to view a wide array of silver jewelry that can make you feel like a million bucks without spending a million dollars.