What in the world is Mene 24 karat Gold and Platinum Investment Jewelry - My submission.

What In The World Is Mene 24 Karat Gold And Platinum Investment Jewelry?

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To begin with, I designed an image to summarize my understanding of the mission of Mene:

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image depicting the mission of Mene

Image source :Mine
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The word Mene (which is pronounced “meh-ney”) is a word with an Aramaic decent, deep in meaning, and with a very profound link between jewelry, gold, and long-term savings 1 .

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Codes of Hammurabi and Ur-nammu

Image source : Google images

According to the Codes of Hammurabi and Ur-Nammu (the oldest known law code) which dates back to as far as 4000 years ago, the word ‘Mene’, is the first written word for ‘money’ 2isn’t that an amazing fact to know.
Having defined what the word ‘Mene’ means, now let’s talk about the concept around the investment ‘Mene crafts 24 Karat gold and platinum investment jewelry’.

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Mene 24 Karat gold ring

Image source : Google images

Mene crafts 24 Karat gold and platinum investment jewelry (Mene for short), is an investment, centered on the foundation of the ancient and priceless tradition of using jewelry as a store of enduring value. For so many decades, we have seen governments come in and out of power, and this has usually led to the gain and loss in value of the currencies of these countries. But the good news is that precious stones like gold and platinum always retain their value all over the world, irrespective of what might be going on in any country.

This value-retaining property of gold, is the backbone of Mene investment. What boggles my imagination is the way Mene has strategically carried out this investment in a very stylish manner, one that’s brings class and fashion to the ancient tradition of gold investment, taking it from the unattractive, unfashionable, and dormant use of coins and gold bars, to the use of well-designed and crafted jewelries and wearable ornaments, making gold investment much more attractive to all ages and classes of people, to all religion, to both the elderly and the young, for we all wear one form of jewelry or the other.

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Necklace with cross for Chritians

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Necklace with Islamic sign

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Chain worn mainly by the young

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Bracelet that could be worn by the elderly

Image source : https://mene.com/catalog/earrings/gold/for-her

Now that we know the meaning of the concept ‘Mene crafts 24 Karat gold and platinum investment jewelry’ (Mene for short) as being an investment of wealth through the use of the precious metals gold and platinum, in the form of jewelry and wearable ornaments (wearable wealth), let us take a more in-depth look into the meaning of wearable wealth and why it is important to the world.

What Is Wearable Wealth, And Why Is It Important To The WORLD?

While thinking about this issue and doing some research on it, the memory of the first gold I ever had came to mind. It was a gift from an uncle. The moment I opened the casing, I immediately fell in love with its shiny and beautiful appearance. After admiring it for some minutes, I headed straight to my box of clothes and buried it deep into my clothes. And that was where it remained. That was all I could do with it. I could not carry it around without some extra care, I could not show it off to people without them wanting to take it away, and all I could do was keep it locked away.

You see, I had an investment, but it was a dormant investment. I could only do one thing with it, and that was to hide it. And that is where wearable wealth like Mene comes into play.

Wearable wealth is a concept where wealth in the form of investments, are kept in wearable forms like jewelry and ornaments, so that other benefits outside of financial gain is derived from these jewelries – benefits such as beautification of the body, fashion, definition of social status, class etc. No other form of money or wealth is more discrete, more portable, and yet retains its value like wearable wealth.

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Lady wearing gold as a means of beautification

Image source : Google images

The following are the various ways wearable wealth is important to the world.

1 Makes travelling and transportation of your money simpler and easier: To give a vivid illustration of this, I will like to give a story I read online. I made sure to reference the website after the story.

‘‘I once had a tube of silver bullion coins in my carry-on bag when passing through security at an airport. I forgot they were in the bottom of my bag, but being metal, they were easily picked up by the scanner. What happened next was a wakeup call for me…
A border agent approached me and asked me what was in my bag. Remembering it was there, I pulled it out to show them. “It’s just a bunch of silver coins”, I said innocently. I wasn’t trying to sneak anything in, and it certainly did not come close to an amount that needed declared.
The border agent nodded, but apparently had to report the contents to a supervisor, who was not standing near her. She abruptly yelled out, in a booming voice, “.IT’S JUST A TUBE OF SILVER COINS! THIS GUY HAS A BUNCH OF SILVER COINS ON HIM!”
Her pronouncement was so loud and startling that everyone in the area stopped what they were doing and looked up to see what the commotion was, especially since it was in an airport security area. I glanced around and saw other passengers staring at me – literally dozens of people around me now knew I was carrying silver!
While she let pass through, her careless act put me unnecessary at risk, I was watching my back the rest of the trip home, all because of the careless yet legal behavior of a border agent”3

From this story, we can see that a jewelry instead of coins, would have saved this fellow some unnecessary anxiety and embarrassment. He had to watch his back all the way to his house.

2 Makes your money easily accessible especially as insurance

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Image source : Google images

You probably have been in that situation where you were in dire need of money, and all you had at that time was to sell an ornament you were wearing, for example an earring, a wrist-watch, etc. This shows how jewelry makes your money easily accessible to you.
If you had kept your gold in coins or in bars, they probably would be locked up in a safe somewhere in your house or in your bank, and you would not have access to them especially in times of dire needs. But when you keep your precious stones such as gold and platinum is in jewelry form, you would most likely be wearing them on you as an ornaments and jewelries, and hence be able to easily trade it as cash.

3 Makes transferring of wealth to your heirs more straightforward

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Image source : Google images

Through wearable wealth, a person that wants to allocate his/her wealth to heirs can carry it out in a hassle-free manner. We are all aware of the numerous problems that have arisen when a person is about to allocate wealth to his heirs. For instance, if a man has 20 bars of gold he wishes to share among his children, as contained in his will, how will the children be sure they are not going to be cheated by the bank or by the lawyer, by being given a similar gold bar, of similar weight, but of lesser quality, probably an 18 karat instead of 24karat, especially since the heirs probably don’t know much about gold and how it’s being measured.

But with wearable wealth like bracelets and wrist-watches, they have a form that would be very difficult to fabricate, when compared to normal gold bars and coins. So if the owner of the wealth had kept his gold in wearable wealth form like jewelries, there would be little suspicion or confusion on the issue of wealth transfer. Whether or not they know the workings of the gold system is of little importance, because now each person knows exactly what is his/hers, whether it be a wrist watch, or a bracelet, or a set of earrings, etc. They probably have seen the form of the jewelry, and have a lower chance of being cheated.

HOW DOES MENE DISRUPT AND DIFFERENTIATE FROM THE CURRENT JEWELRY INDUSTRY?

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Image source : Google images

In order to address this issue, I will like to make reference to a quote,

“These days, people treat jewelry as disposable items. I want Mene to restore that sense of tradition and attachment to jewelry as something that lasts forever” – Diana Widmaier Picasso (Mene cofounder)

From the above quote, we can see that the founders of Mene wanted it to stand out from its competitors in the jewelry industry, and they have done a really good job at it in the following ways:

1 - 24 KARAT PURITY

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Image source : https://mene.com/about

Others

Other jewelry marketers and sellers deal on man-made chemical alloys of 14-18 karat (58-75%). These chemical alloys look like gold, but are not pure gold. Because these makers and marketers know most people lack the knowledge on the difference between pure gold and alloys, they feed on the ignorance of the people, replacing quality with packaging. They make sure to encase these chemical alloys with very attractive and fashionable casings, wonderful logos, but no quality content. They understand that we humans are visual beings, and hence feed us with a lot of colorful and shiny designs, drifting our attention away from the main deal – quality gold.

The disadvantage of chemical alloys is that they tarnish with time. They are not indestructible like genuine pure 24 Karat gold, so if you buy them, they would not last, and hence can not serve the purpose as investment gold or platinum.

Mene Difference

Creators of Mene jewelry do not just state that they are different, but have taken up a strategy to ensure that they fulfil what they have promised. What is this strategy?

Mene jewelry is NEVER crafted from ‘rose gold’ or ‘white gold’. Why is this so? This is because these two alloys of gold (which are rampantly used by other jewelry marketers and sellers) are man-made alloys that are made by diluting gold with other abundant metals like copper & nickel, producing alloys that tarnish with time due to oxidation ( oxidation is the reduction in the quality of a metal when exposed to oxygen in the atmosphere.)

Mene jewelry is crafted from PURE 24 karat gold or platinum. 24 karat is the form these metals are found in the ground. Some people have argued that it is impossible to craft jewelry from pure 24 karat gold, because of the softness of the gold, but this is only a myth. Yes, pure 24 karat gold is soft, and can easily be bent into shape, but still this gold is indestructible. The fact that it is indestructible makes it possible for it to be easily worked upon and its shape manipulated. Because of its indestructible nature, gold can be easily drawn into different shapes, especially in its pure 24 karat state.

2 - RADICAL TRANSPARENCY

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Image source : https://mene.com/about

Others

In all my little experience with gold, both physically and through my studies on the internet, I have never seen the value of the gold disclosed. In short I have never seen any value of any gold before, and that brings me to my point. Jewelry producers intentionally choose not to publicly disclose the weight and value of precious metals, all for financial gains. When they do this, they can earn close to 80% of the original purchase price as revenue. So, buying your precious stones from them would mean that you are paying much more for far less. You will not get your money’s worth.

Mene Difference

Makers of Mene have chosen to be transparent in their sale of Mene jewelries – an act rarely seen in the Jewelry industry. What is this transparency? Mene has a standard fee (premium) of not more than 20% of the precious metal value each day. This fee takes care of the cost of designing and manufacturing the jewelry, since the pure 24 karat gold is converted from raw form to well-designed jewelries. The 20% takes care of the cost of this design and manufacture. So if you have a $100 Mene bracelet, the bracelet will have a minimum of $80 worth of pure 24 karat gold, and the other $20 is the fee that Mene makers have added for taking the gold from its raw form, to its well-designed jewelry form. So what we have here is that other jewelry makers charge you an 80% fee, while Mene charges you a 20% fee.

3 STORE OF ENDURING VALUE

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Image source : Google Images

‘‘for every gram of gold or platinum on earth, there are 60 grams of silver, 5000 grams of saphires, and 400,000 grams of diamonds’’ – 4

Others

From the above statement, we can see that diamonds are far more abundant than gold and platinum (400,000 to 1), meaning it is far much easier to get diamonds than gold or platinum. In order to justify this lack of desire to go after the more scarce pure 24 karat gold, these jewelry companies have ascribed a nonexistent intrinsic value to diamonds and gemstones. They associate a lot hype with these diamonds, coining statements like,

“A girl’s best friend are diamonds”

All these campaigns are so that our minds are conditioned to desire these gemstones, even when they are far less valuable than pure 24 karat gold and platinum.
With this mindset in place, these jewelry companies then focus their attention on diamonds and gemstones, giving people lesser value at a higher price.

Mene Difference

Because the makers of Mene did not put their own desire for gain above customer satisfaction, they have chosen to avoid gems and diamonds, focusing on gold and platinum, so that customers have precious metals whose long term value will never be compromised, making them appropriate as investments.
Also, because the value of Mene jewelry is totally a weight of pure precious metal, the value of the jewelry remains at the price of its current value, and can be easily exchanged or sold in the future as easily as it was purchased.
Finally, makers of Mene have provided an innovative dashboard to keep track of your collections real-time value, so that you can know the price or your jewelry at any point in time.

As a final word, based on all I have talked about so far, I can give a well-informed advice, and that is,

“The best investment is wearable wealth investment, but not just any wearable wealth, but wearable wealth from the right source, else it would become the worst investment. So buy wisely - make informed purchase.”

I know for sure you have been convinced beyond every doubt that Mene 24 karat Gold and Platinum Investment Jewelry is the right way to go.
To see all their beautiful and classy pure 24 Karat gold and platinum products, visit their website through the following links
@goldmatters - http://Mene.com/invite/JrT26p
My personal link @stellastella - http://Mene.com/invite/2yeZuG

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You welcome. It sure is a pleasure. Thanks for the opportunity to participate

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You had an amazing entry! Great job :)

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