U.S. Retail Jewelers "Go For The Gold"

U.S. Retail Jewelers "Go For The Gold"

Press Release (ePRNews.com) - Laguna Beach, CA - Jan 10, 2017 - ​​​​​​​​​​​Tangible Investments Inc., a rare, precious coin, art and fine jewelry investment group announced a 2017 launch of a reseller and affiliate sales and marketing initiative for the jewelry industry. The program is entitled, “Go for the Gold.”

Customized for North American fine jewelry retailers, the program offers the opportunity to buy and sell gold bullion, rare gold and silver coins from an accredited, long-standing specialist firm. Attractive, wholesale priced assortments cater to local markets. Training, appraisals, display and marketing tools adjoin reseller an/or affiliate packages.

Some may question a 2017 retail program launch after significant jewelry stores closed in 2015. Yet, through diligent research, it’s clear thousands of jewelry retailers are not only surviving, many are thriving.

In March, Polygon’s Retail Jewelry Industry in the U.S. 2016 reported 1,082 U.S. jewelry businesses declared bankruptcy, ceased operations, merged or were acquired. Many incorrectly concluded that number reflected independent jewelers exclusively. Yet 1,082 closures included wholesalers, manufacturers, public companies and national jewelry chains – not independents alone. In 2014, a massive U.S. jewelry retail acquisition occurred. As with any retail M&A transaction, a P&L location assessment was performed permanently phasing out numerous non-independent stores.

Tangible Investments turned to the Jewelers Board of Trade (JBT) the only organization dedicated to credit reporting, collections and advanced marketing services to the jewelry industry to gauge the sector’s health overall.  “In our 2016 third quarter North American jewelry statistics, the total of retail jewelry businesses was 21,292, including 878 in Canada,” stated Anthony Capuano, President of the JBT.

“Good news is sometimes hidden by harsh headlines. Today that good news is gold,” noted Silvano DiGenova, President of Tangible Investments, Inc., one of the nation’s most respected numismatic firms with decades of expertise and the highest-ranking industry affiliations including the PNG. “We value retailers desiring newfound male traffic and we see that opportunity created by gold coins,” added DiGenova.

Unlike jewelry, coins aren’t reliant on fashion or seasonal styles. Coins don’t require a large display or vault space and carry immediate financial advantages.

Tangible Investments, a thirty-year old asset group has processed billions of dollars in transactions. It views “Go for the Gold” a great fit for an industry that buys and sells gold from an emotional and wearable investment perspective. As of 2015, this $30.53 billion dollar industry is the jewelry trade.

“The world’s strongest numismatic organizations are behind us, which means they’re behind you. We follow the precious metal, art and collectors market daily. We’ll guide you to a stronger, faster and more attentive means to capture today’s consumer through gold coins,” DiGenova concluded.

For more information: www.luxelicensing.com/gold


Tangible Investments, Inc.  was created by one of Forbes Magazine’s “People to Watch,” Silvano DiGenova. He is co-purchaser/minority co­partner of the Trompeter Proof Gold Collection, a $15 million transaction the Guinness Book of World Records noted as the largest rare coin private treaty at that time. Mr. DiGenova is credited as the founder of the defacto grading service, PCGS, the global coin & precious metal equivalent of the GIA. Mr. DiGenova co-founded the first electronic trading network for precious metals & created the coin-grading standard active today. www.GoCoins.com

Source : Tangible Investments, Inc.

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