After exploring, researching and analyzing this event in great deal, we saw many positive outcomes from what initially seemed as bad news for the USSR gold and silver jewellery. Lets start with the negatives. One, the trade of Soviet collectibles in Eastern Europe decreased due to the absence of a good online platform for such transaction. Two, local people were left without an extra source for revenue. That's it, there is no Three.
Now lets talk about the positives. Our organization created this Global Market, and more especially we created a massive appetite for Soviet Gold and Silver Jewelry within Eastern Europe, a region that is most rich in USSR rarities. For years we reported on and directed our readers, clients, collectors and investors to this Russian auction. We also used this platform very often ourselves. Naturally this created a massive demand for Soviet gold and silver collectibles, not just in Europe but in the entire World. Now with molotok.ru being gone this demand doubled in just few shot months! People, especially in Russia, Belarus, Ukraine, Armenia, Kazakhstan and many other former Soviet republics still want USSR gold and silver jewellery, but they can't get it. They don't have the rich selection of items like they once had, nor do they have the amount. Naturally this is driving the desire to buy Soviet gold and silver to an all time high, and that is exactly what we are seeing right now on the International Soviet Jewelry Market.
A lot of sellers from Russia, Ukraine, Latvia, Lithuania and many other nations - relocated to eBay! Furthermore, ten to twenty times more buyers went there as well. Just read our last Sales report to see the actual evidence for yourself. We've recorded the most number of sales ever! So as you can see the closing of molotok.ru increased the demand and limited the supply tremendously! This is very good for market because prices are raising, profit is being made and Soviet jewelry is becoming more valuable. This in turn attracts more and more serious collectors and investors who purchase even more of these USSR collectibles, thus contributing to continuous market growth where even newcomers profit substantially within their first year.
Another positive outcome is that smaller auctions, pawnshops, antique shops and even jewellery stores received a lot of new clients and got a big boost in sales. That is always great for the local economies and for the Soviet Jewelry Market. The more people have to do to get their USSR gold and silver collectibles - the more they will treasure these unique tokens of history. After all, going to several antique stores, as if you are on a treasure hunt, makes it much more interesting and a rewarding hobby. As for the serious collectors and investors - no need to worry. Like we said before, most of them quickly went to eBay, and those that did not came to us. It is true, while we don't sell anything from our own Soviet gold and silver collection - we do buy large amounts of these rare assets for our clients, and of course ourselves.
Lastly, we would like to say the following. The global market for Soviet Gold and Silver Collectibles is heating up very quickly. It withstood economic downturns, collapse of major auctions and even the fall of nations. The fact of the matter is this - Soviet Gold and Silver Jewelry is Growing in Value! We highly recommend everyone to learn more about investing in these unique historic rarities. They will make you money!
Report by Soviet Jewelry News
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