Gold Plaza's Top 5 High-Value Buys for August 2023
In August 2023, gold prices saw a significant rise, starting at 17,404 yen per gram. Various economic factors contributed to this fluctuation, including the resignation of a key Federal Reserve Board member and concerns over the independence of the Federal Reserve itself as Trump-appointed leaders stepped in. The market reacted to a downturn in the US ISM Non-Manufacturing Index, leading to worries about economic outlooks. By the end of the month, gold prices hit 17,617 yen per gram, fueled by increased demand for gold as a global asset amid the conflict between the President and the Federal Reserve.
In light of these developments, Gold Plaza, a part of the Clarisse Group based in Shinjuku, Tokyo, compiled a ranking of the top five high-value items purchased during August. Gold Plaza has built a reputation for offering industry-leading cash valuations. Here are the top five purchases:
5th Place: Rolex Submariner 14060
A remarkable diving watch that has spawned variations including the Sea-Dweller and Yacht-Master, the Submariner is characterized by its distinctive color options depending on the model and era.
- - Purchase Price: 900,000 yen
4th Place: 24K Gold Coin Commemorating the Emperor and Empress's Golden Wedding Anniversary
This pure gold coin, created to celebrate the Emperor and Empress's 50th wedding anniversary, has gained interest due to the recent surge in gold prices. Notably, various Imperial coins, like the 10,000 yen coin commemorating Emperor Showa's reign, are frequently in demand at Gold Plaza.
- - Purchase Price: 1,092,000 yen
3rd Place: Cartier Mini Panthère Watch
This beautiful timepiece features a diamond bezel and has maintained its charm even after its discontinuation. The Panthère style, a global sensation in the 80s, was reintroduced in 2017. The collection extends beyond watches to various jewelry pieces, symbolizing Cartier's iconic status.
- - Purchase Price: 1,110,000 yen
2nd Place: 10.3 ct Emerald Ring (Pt900)
A stunning emerald ring exceeding 10 carats caught attention in August, amidst a slight decline in demand for natural diamonds due to the rise of synthetic options. This exceptionally graded emerald is a rarity, especially priced at this level in the colored stone market, where the average gemstone hovers around 5 carats.
- - Purchase Price: 1,500,000 yen
1st Place: 24K Gold Thread
In an astonishing transaction, over 800 grams of gold thread were purchased. Gold is a superb conductor of electricity and heat, making it an essential material in electronics, aerospace, and medical device manufacturing due to its extraordinary stability and reliability.
- - Purchase Price: 14,400,000 yen
About Gold Plaza
Gold Plaza is renowned for its swift cash transactions and high valuation standards, with a cumulative user base of over 620,000 customers. With numerous locations across Japan, they cater to various customer needs through services including instant appraisals,宅配買取 (home pickup service), and online evaluations. As of September 2025, Gold Plaza offers services nationwide, ensuring accessibility and trust by employing highly trained appraisers.
Locations
Gold Plaza currently operates 14 locations, including:
- - Umeda Main Store
- - Namba Shinsaibashi Store
- - Abeno Store
- - Ginza Main Store
- - Yokohama Store
For more details about each location and their services, https://goldplaza.jp/shop directory.
Conclusion
Gold Plaza continues to establish itself as a frontrunner in jewel valuation and purchasing by consistently adapting to market trends while offering unparalleled customer service. As gold prices continue to fluctuate, collectors and investors alike look to places like Gold Plaza for their buying and selling needs. Whether you're a first-time seller or a seasoned collector, you can find a trustworthy partner at Gold Plaza.
For inquiries, contact Gold Plaza directly at 03-9608-7502 or visit
Gold Plaza's Contact Page.