
From dazzling statement pieces that steal the spotlight to understated gems that complete the perfect outfit, jewelry plays a pivotal role in both fashion and self-expression. But sometimes, the perfect piece (or pieces!) to complement your new look can be financially out of reach. That’s where costume jewelry comes in! Costume jewelry provides an entire world of creativity, color and style—without the hefty price tag. Let’s uncover the secrets behind these glamorous, wallet-friendly treasures.
Definition of Costume Jewelry
Costume jewelry is attractive, budget-friendly pieces made from non-precious materials. More expensive jewelry is typically crafted from precious metals like gold, silver and platinum. It often features precious gemstones like diamonds, rubies, sapphires and emeralds. Purchasing new jewelry to keep up with the latest trends can quickly become costly, so costume jewelry offers an affordable way to add new, fashionable pieces to your collection without breaking the bank.
Costume jewelry is so appealing because it resembles high-quality, fine jewelry. While its materials may not match the durability of solid gold rings or platinum earrings, watches or pendants, most costume jewelry is styled to pass for the real deal—at least at first glance. Some popular forms of costume jewelry include faux pearl necklaces, rhinestone brooches, bold cocktail rings and bangle or cuff bracelets. With a wide range of styles, sizes, shapes and colors, there's bound to be a piece that fits your style.
Unlike higher-quality jewelry, costume jewelry isn't meant to last forever. People didn’t typically pass down costume jewelry through generations. Instead, it is purchased to fit the trends of the moment. Once a trend fades, the jewelry is usually replaced with something new to match current styles or a newly purchased outfit. Outdated pieces often end up at the bottom of a jewelry box or are handed down to younger children—not as treasured heirlooms, but as treasured “jewels” for dress-up. If you ever played dress-up with your Grandma’s “fancy” jewelry as a child, chances are, you were handling costume jewelry, not diamonds and pearls!
History of Costume Jewelry
Costume jewelry originated in the early 19th century as an affordable alternative to fine jewelry. Gaining popularity during the Victorian era, costume jewelry was embraced by fashion-conscious women of the growing middle class (especially in England and France) who couldn’t afford the expensive jewelry worn by royalty and the elite.
In the early 20th century, fashion designers began incorporating costume jewelry into their high-fashion collections. Coco Chanel famously saw costume jewelry as a fashion statement, mixing faux pearls, colored stones, and bold designs with everyday outfits. By doing so, she challenged traditional ideas of wealth and exclusivity, positioning costume jewelry as stylish yet accessible. This shift helped more people see costume jewelry not as "imitation" or "cheap " but as a way to add beauty to an ensemble—with or without wealth.
Costume jewelry continued to be embraced by prominent fashion designers through the mid-20th century. By the late 20th and early 21st centuries, costume jewelry's popularity surged once again, with many embracing the jewelry type as a creative form of self-expression. The increasing popularity of vintage and designer costume jewelry further boosted its appeal as collectors began appreciating its artistic value. Today, costume jewelry is widely embraced for its affordability, creativity and versatility. It is no longer seen as inferior but celebrated for its bold designs, innovation and ability to make high fashion accessible to many.
What is Costume Jewelry Made of?
To reduce the higher price tag often associated with fine jewelry, costume jewelry uses look-alike materials that, although less durable, closely resemble their higher-end counterparts. Common metals used in costume jewelry include brass, copper and aluminum, which are lightweight and cost-effective alternatives to precious metals. Other materials, not just metals, are often used to create beads, chains or pendants, such as plastic, acrylic and wood, which can be molded into various shapes and colors.
When it comes to gemstones, costume jewelry often uses cubic zirconia as a popular imitation for diamonds, as well as rhinestones, glass crystals and resin (a natural sealant produced by trees) to mimic the appearance of rubies, sapphires and emeralds. Additionally, synthetic pearls and enamel are frequently used to replicate the luster of natural pearls.
How to Tell if Vintage Costume Jewelry is Valuable
While most costume jewelry doesn’t hold significant long-term value (hence its spot at the bottom of many jewelry boxes), some pieces may be more valuable than you think. Here are a few ways to determine whether your vintage costume jewelry is valuable.
Determine the Designer
Costume jewelry pieces made by prominent designers can still hold value today. If you come across a signed piece (with the designer or manufacturer’s name stamped on it), it’s worth doing some research to determine its potential value. Some designers may mark their pieces with logos or symbols rather than a designer's name. A quick online search may be a good place to start your investigation.
Identify the Time Period
Costume jewelry from certain periods is highly sought after by collectors. For example, jewelry from the Art Deco, Mid-Century Modern and Victorian eras is often in high demand.
Test its Weight
Costume jewelry is typically lightweight and made from non-precious materials. If a piece feels heavier than expected, it could indicate the use of higher-quality materials, which could add value. A jeweler can help determine the materials used and provide a more accurate assessment.
Consider the Condition
The overall condition of your costume jewelry plays a big role in its value. Wear and tear, missing stones and broken clasps can significantly decrease its value. While these imperfections can be addressed, pieces with all original components are typically worth more.
Don’t Dismiss Lower-Quality Materials
Not all costume jewelry is worthless because it’s made from lower-quality materials. Some pieces, such as glass or plastic jewelry, may still be valuable for their uniqueness or aesthetic appeal, even if they’re not made of silver or diamonds.
Consult a Jeweler or Appraiser
Trends and the demand for specific designers, periods, or materials can greatly influence a piece's value. To get a more accurate assessment, consult with a jeweler or appraiser who specializes in vintage jewelry.
Protect Your Jewelry with Jewelers Mutual
Some jewelry that you may have written off as costume jewelry could actually be quite valuable. If you suspect a piece may be worth more, consider protecting it with a personal jewelry insurance policy from Jewelers Mutual. While some people may insure their jewelry under their homeowners insurance, having a personal jewelry insurance policy offers benefits such as not having to file claims against your homeowners insurance. Click the button below to check your rate for an affordable, personal jewelry insurance policy from Jewelers Mutual now.