When it comes to finding the special present for an extra special person or celebration, you want to make sure you are putting your money in the right places and not falling victim to a scam. If you are planning on spending a lot of money on a gift, you need to be confident that you know what you’re buying is genuine, be it a designer water, handbag, jewelry, car, or anything else that can set you back a significant amount of money.
Research is the key before making big-ticket purchases, especially when gifting it to someone else. From Finding the best jewelry stores to knowing what watches hold the most value (Rolex, Cartier, Omega, and Phillip Patek are some of the brands you might want to look at), or knowing what to look for in an expensive car so you don’t buy a dud. Spend some time looking into your options, determining what a fake looks like, and knowing the reputable retailers who can sell you the real deal for a fair price.
Check What They Already Own
Before you go splurging on an uber-expensive item, you need to have a look at their current tastes or collections in the case of clothing or jewelry and see what they wear. The last thing you want to do is drop thousands on a gift only for them not to like it or use it, and it becomes an expensive paperweight.
So make sure you know what they do and don’t like, what they will like, and what specifications, if any, your purchase needs to come with to ensure it is perfect for them.
You want to know the approximate value of the item you are buying in relation to how much it will cost. This will mean finding out about its resale value, if applicable, what the current market looks like, the demand for what you are buying, and so on. This will help justify your purchase and ensure you are buying a good investment. The last thing you want to do is buy something because it’s currently in fashion, only for it to hold no value and become something discarded after a short period. So recognize its value, look at the history of the item, and use this to make sure you buy the right thing.
Lastly, your gift must be appropriate to the person you buy it for. While it might be nice to be able to or want to afford to treat people with high-end gifts to spoil them, make sure the gift you are buying is appropriate for the person and your relationship. For example, a diamond eternity ring as a push present for your partner after birthing your baby is highly acceptable; however, the same gift for your 16-year-old niece might not be received quite the same way. Always keep the recipient and your relationship in mind when buying your gift to help you ensure that you are buying something suitable.
Choosing an expensive gift for a special occasion isn’t something that should be done lightly. You need to take your time and research to ensure that you find the perfect gift, know what you are buying and its value, and are confident it is the real deal.