The value society places on jewellery is an interesting one. There is, quite literally, the monetary value we place on jewellery. Then there is the sentimental and emotional value. Proceeding value, however, is the fashion of jewellery and the impact it has on how people view the wearer. As an example, diamonds, once upon a time, connoted wealth and grace. Nowadays, they are more likely to be connected with over-the-top gaudiness and vulgarity.