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Shielding Your Precious Heirlooms: A Guide to Gold and Diamond Protection

In the world of smart investments, securing your assets, particularly those with rich tradition such as heirlooms, is a task that requires careful consideration. This need for a secure solution amplifies when the investment involves high value commodities like gold and diamonds. Not just a financial anchor, these treasures are valuable time capsules, reflecting a longstanding family history. Thus, taking steps to protect such heirlooms is central. 

At Industry Expert BAUNAT, we understand the intrinsic value of these generational treasures. 

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How can you best protect your valuable jewelry and heirlooms?

Securing precious items like diamond jewelry and family heirlooms requires a strategic approach to storage and protection. The key is determining whether to use a bank vault or home safe based on how frequently you need to access your items. Bank safes offer superior security and insurance coverage for rarely-accessed pieces and high-value investments like loose diamonds or gold nuggets. Home safes work better for regularly worn items like engagement rings.

For optimal protection, consider implementing a dual-safe strategy at home: one visible safe containing less valuable items to deter thieves, and a well-concealed, high-quality safe for your most precious possessions. Comprehensive insurance coverage, detailed inventory management with photographs or notarial deeds, and moderate security measures like CCTV surveillance provide additional layers of protection. Remember that excessive security features might inadvertently signal the presence of valuables to potential burglars.

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When is a bank safe the right choice? 

A bank safe emerges as a favourable choice for safeguarding valuable documents or investments such as diamonds, which capture the essence of diamond prices evolution. Besides the high-level security offered, the bank also provides excellent insurance coverage, particularly when you maintain a detailed inventory of your safe's contents. Bank safes are exceedingly suitable for items that don't require frequent access. 

 

When should you set up a home safe? 

Ponder upon the frequency at which you will require access to your key investments and documents. Gold nuggets, loose diamonds, and platinum bars are better kept in bank vaults, while diamond jewellery meant for regular use could be stored in a home safe. Assess the needed frequency of each item and employ a combination of home and bank safes to keep the frequently used items at hand, ensuring smart investment. 

 

Where should you store valuable heirlooms or investments? 

This again boils down to the usage frequency of these items. An engagement ring adorned with diamonds that is worn often would be best kept in a home safe. On the contrary, if the ring is more of an heirloom than an accessory, the bank safe would be the more rational choice. 

 

How best to secure your valuable items? 

Initiate with a comprehensive insurance scheme. Most home insurance policies provide coverage for investments and other cherished items up to a certain limit. Crossed that limit? Consider acquiring additional insurance coverage. Proper inventory management can be a saviour here, making it simpler to estimate the value of gold or valuable diamonds by presenting a photograph or a notarial deed. 

 

What additional security should I avail? 

Investing in supplementary security systems such as CCTV surveillance can be quite beneficial when storing valuable items at home. These systems generally deter potential burglars, but beware of overdoing it as excessive security might signal thieves about valuable possessions in the house. 

 

What to do in case of a burglary? 

At BAUNAT, we recommend a strategic approach of installing two safes. The most treasured items should be stashed in a well-hidden, high-quality safe. Install a second safe in an area easy to locate and fill it with less valuable items. Intruders will likely be drawn to this first, seldom searching for a second one, providing an additional layer of protection to your highly valued possessions. 

 

What investments are best kept in a safe? How can you make a smart investment in jewellery with gold and diamonds? For advice tailored to your valuable investments, get in touch with BAUNAT's diamond experts. With BAUNAT, navigate the ins and outs of Diamond Market driven by Diamond prices evolution, to maximize your investments and safeguard your treasures. 

  • Fabienne Rauw

  • BAUNAT Antwerp

  • Fabienne, manager of the German market is able to guide every client with finding the right jewel. She takes care of most of the German orders, but also takes other task on her plate. Thanks to her six  years of experience at BAUNAT she acquainted well with the product and the marketing around it. Her degree in PR ensures that BAUNAT is well presented across all media channels. For anyone looking into a new investment opportunity, Fabienne is the perfect guide in this process. No question will be left unanswered, and she will help you every step of the way.

Fabienne, manager of the German market is able to guide every client with finding the right jewel. She takes care of most of the German orders, but also takes other task on her plate. Thanks to her six  years of experience at BAUNAT she acquainted well with the product and the marketing around it. Her degree in PR ensures that BAUNAT is well presented across all media channels. For anyone looking into a new investment opportunity, Fabienne is the perfect guide in this process. No question will be left unanswered, and she will help you every step of the way.