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Posted in: Private Clients
By Rowlands & Hames - 13 February 2015
It’s that time of year already where love hearts are everywhere, prices of flowers increase and weekends in Paris soar in price too!
According to Top Cashback, 71% of us will be planning on celebrating Valentine’s Day, with the most popular present being chocolate at 49%, followed by flowers at 39% and thirdly perfume at 11%.
However you may be looking for something a little more special for a special Valentine gift. Luxury chocolatier Rococohave some delectable heart shaped box of chocolates (£62) for those with a taste for the finer things in life, whilst florist to the stars, Appleyard London have 100 long stemmed red roses for £100.
For the final most popular gift item, Harrods launched in October a new perfume by Clive Christian, available for an eye watering £143,000. It does include a ‘one of a kind’, diamond encrusted bottle though; the standard bottle of the fragrance is only £450!
Can you guess the most popular jewellery items sold for Valentine’s Day? Up to a third of purchases are Earrings. Surprisingly rings were the least bought item of jewellery for this occasion – perhaps these were being saved for a less commercial event?
Diamond earrings are a classic Valentine’s Day gift with heart shaped earrings being very popular. With brilliant cut 1ct diamond stud earrings costing around £2,950 and the most expensive at £29k from Mappin and Webb, it’s important to remember to inform your insurers of the purchase and ensure that cover is extended to include the new items.
If you have bought, or are considering buying, a special item for your significant other, make sure you give us a call to arrange cover for it!
Rowlands & Hames would like to thank Sterling Insurance for their help with this article.