How to Safely Store Diamonds and Jewelry in Latvia


Diamonds, gemstones, gold, and jewelry are not just luxury accessories — they are also long-term investments and often even family heirlooms. However, in Latvia, there are still cases where invaluable items are lost due to improper storage. How can you ensure your valuables are safe and maintain their value over time? Here are some practical tips. V


Keep Your Valuables in a Professional Safe Deposit Facility — Not at Home

More and more people are acquiring valuable diamonds, gold items, and other jewelry. These assets are often obtained in various ways: purchased at jewelry stores, pawnshops, or inherited from family members. Regardless of origin, such items often hold both significant financial and sentimental value.

Most Latvians still keep their most valuable jewelry at home — in safes, drawers, or closets. But does a home safe really guarantee maximum security? Unfortunately, even the most modern home safes often can’t withstand professional burglars.

One of the safest solutions is VAULTS1, which offers secure vault premises with safe deposit boxes of various sizes.


As banks in Latvia is stopping to offer individual safe deposit services, more people are looking for alternative ways to securely keep their valuables. One of the most modern and reliable options is a private safe deposit facility.
A place like VAULTS1 offers a safe and secure solution for anyone looking to protect their diamonds, gold, jewelry, or other valuables.

Modern VAULTS1 facilities guarantee the safety of your assets through:

  • 24/7 security and advanced surveillance systems

  • Reinforced walls, doors, and professionally equipped vault rooms

  • Protection against fire, flooding, and other unexpected risks


Keep Documents and Certificates Safe

Diamonds or other gemstones without authenticity certificates can significantly lose their market value. Original documentation (e.g., GIA or HRD certificates) should be stored alongside your valuables, but packaged separately — ideally in a trusted safe or vault, not just at home.


Regularly Assess and Insure Your Valuables

Market values fluctuate, so it’s recommended to assess the condition and value of your jewelry, gold, or gemstones at least every few years. You can do this through a trusted jeweler or a professional pawnshop offering certified appraisal services.

It’s also worth considering specialized insurance — but note: many insurance companies only cover items stored in professional vaults, not those kept at home.


Plan for Inheritance

Jewelry often becomes part of a family’s legacy. By storing it in a professional safe deposit facility, it becomes much easier to transfer these valuables to your children or grandchildren, reducing the risk of items being lost or misplaced during the inheritance process.

Unlike pawnshops, safe deposit facilities provide long-term security and complete confidentiality.


Why Choose VAULTS1?

VAULTS1 is a modern safe deposit facility located in a strategically convenient location in Riga.
With us, you can safely store not only diamonds and gold, but also valuable jewelry, documents, or family heirlooms.

  •  Full confidentiality

  • 24/7 access to your valuables

  • Excellent value for money — safe rental from just €19.90/month


Invest in your peace of mind — make sure what matters most is protected not just today, but for generations to come.
If you’re still keeping your valuables at home, it’s time to consider the advantages of a professional safe deposit facility.

Contact us today — +371 2011 8020