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Lot 105 10th May- String of amber beads sold 2,280 (including 20% buyers premium)

Lot 105 10th May- String of amber beads sold 2,280 (including 20% buyers premium)

News from the Rostrum

AMBER IS MORE VALUABLE THAN GOLD !

The demand for original amber jewellery is so high today that it can now fetch a higher price than gold. Only this week at Plymouth Auction Rooms a very plain bead necklace weighing 76 grammes sold for an amazing £2,200. The same weight in 22 carat gold has a current value of just £1,900.

Gram per gram it is more valuable than gold!


The reason for this huge increase in price, is China. The Chinese have rediscovered amber, a material deeply ingrained in Chinese culture. It has traditionally been thought to bring good luck, the smooth butterscotch yellow beads are used in rosaries and it is also considered to have medicinal properties.

Also in the Arab states amber prayer beads, jewellery and ornaments are symbols of status and wealth, it is also regarded as an aphrodisiac.

If you have some amber, now is the time to have it valued before the ‘bubble’ bursts. Contact Plymouth Auction Rooms for a professional valuation, 01752 254740.