To delve into this topic in detail, we first need to focus on inflation.
What is Inflation?
In a market economy, the prices of goods and services are constantly changing—some are rising while others are falling. We refer to inflation when there is a general increase in prices, not just for specific items. Inflation means that with 1 euro today, you can buy less than you could yesterday. In other words, over time, inflation diminishes the purchasing power of money.
All goods and services consumed by households over the year make up what is known as the "basket." Each product in this basket has its own price, which can change over time. The annual inflation rate represents the change in the price of the entire basket during a given month compared to the same month in the previous year.
What is the inflation rate for the period from January 2021 to September 2024?
According to official data from the National Statistical Institute of the Republic of Bulgaria, the inflation rate in the country from January 2021 to September 2024 is 31.8%.
Unfortunately, unofficial sources indicate higher levels than those officially announced. This is due to the fact that official statistics do not always fully reflect the real situation, especially regarding certain groups of goods and services that are not included in the surveys.
How to Protect Yourself from Inflation
In this article, we will not cover all possible strategies for preserving the value of your savings and investments. Instead, we will focus on one specific type of investment—investments in precious metals such as gold, silver, and gemstones.
Precious metals are traditionally considered a good hedge against inflation, as their prices typically rise. They are liquid assets, meaning they can be easily converted into cash. Investing in precious metals provides security and protection during uncertain times and is a valuable component of a well-diversified portfolio.
The price of gold crossed a psychological barrier back in September. Currently, gold is nearly 40% more expensive compared to the same period 12 months ago—from October of last year to now.
Silver is a precious metal whose value increases over time. Historically, it has served as a hedge against inflation and economic instability. According to some analysts, silver is a finite resource, and its reserves are gradually being depleted, which will inevitably raise its value.
In the near future, the price of silver is expected to rise significantly, and those who invest in it today can achieve substantial profits. When a resource diminishes, its value increases. People who already own silver will have a serious advantage.
Investing savings in silver dishes made from high-quality silver (such as 950-grade silver) or in gold items is a good investment. In addition to the material value, these items also possess additional collector's value.
At Zografov & Son, we craft unique cups, water jugs, and other vessels from precious metals. The silver we use is of 950 purity, ensuring high value and collectible appeal for our creations. Each product is original and one-of-a-kind. We have selected designs that suit a variety of tastes — from clean and practical for everyday use to elegant and stylish, with rich detailing for special occasions.
A unique, handcrafted piece has a higher value in the collector's market, often exceeding the value of the silver itself. This makes the investment even more profitable, providing long-lasting security.
Silver items are durable and long-lasting, making them an excellent choice for long-term value preservation. Their advantage lies in the fact that they can be used in daily life, adding luxury and prestige to the owner.
Here’s an example: if you purchased a high-purity silver item (950-grade) three years ago, its value today would be 30-35% higher. Furthermore, it may continue to appreciate due to its additional collector's value. Silver items are not just stylish accessories but also investments that can be passed down through generations.
Gemstones also represent a valuable asset. They possess unique beauty and significant value that can increase over time. Investing in gemstones offers an additional way to grow savings and the potential for substantial profits, especially in conditions of rising demand.
Conclusion
Investing in gold and silver items, represents a strategic approach to safeguarding against inflation and economic instability. Precious metals not only retain their value over time but also offer additional advantages such as collector's value and aesthetic appeal. Silver items are not only practical but also symbols of luxury and prestige, making them a desirable choice for many investors. In the context of rising demand and limited resources, investments in silver and gold can prove profitable in the long run. Whether you are an experienced investor or simply looking for a way to protect your savings, silver items offer a unique opportunity for growth and a legacy that you can pass on to future generations.
Explore the silverware articles by our family company. On our website, zografovart.com, you will find a variety of cups, water jugs, fruit bowls, and other items made from high-purity silver – 950 grade.
Visit us in person or contact us by phone; we will be happy to consult you and answer all your questions.
A valuable art piece, a symbol of high social status and prestige, a way to take care of our health, or a strategic investment? The emblematic items crafted by Zografov & Son are all of these. Established in 1991, the company is well-known among connoisseurs of precious items with its glasses, cups, jugs, and souvenirs made of high-grade gold and silver.
For us, every client is unique, with individual desires and specific requirements that deserve attention and respect. That’s why we approach every idea you share with care and enthusiasm. We strive not only to meet your expectations but also to bring your wishes to life, offering creative and innovative solutions tailored to your needs and possibilities.
Packaging is not just protection for your item—it’s the first moment of joy, surprise, and anticipation that enhances the sense of quality and care. For us, it’s not only about the product you order but also about how you receive it. That’s why we ensure the entire experience is perfect down to the finest detail.
At “Zografov and Son”, we aim to simplify and enhance the gift selection process, making it both easy and enjoyable. Whether you are searching for the ideal gift for a loved one or a corporate event, we have a rich variety of options that will impress every taste and preference. Should you desire, we are available to provide consultations and assistance in choosing the most suitable gift for your specific occasion.
Could you guess what Angelina Jolie, Grandmaster Anatoly Karpov, Klaus Meine from ‘Scorpions’, the Austrian skydiver and daredevil Felix Baumgartner (who jumped from the ‘edge’ of the cosmos), Simeon Saxe-Coburg-Gotha, Albert II and the presidents Georgi Parvanov, Bronislaw Komorowski, Nursultan Nazarbayev, Bill Clinton and Vladimir Putin all have in common? They all own an art piece by Zografov & Son, the Bulgarian family enterprise for luxury presents made of noble metals, spreading the name of their country around the world.
The Bulgarian brand is a byword for exquisite pieces of beauty, style and uniqueness Silver cups, vessels of exotic woods, replicas of Thracian treasures: for over 30 years, the luxury items with the brand Zografov have been the best choice to make gifts that impress, inspire and speak of beauty, power and craftsmanship.
A client asked us once, ‘Which wooden whiskey cup should I choose? You have various types of wood, colour and metal - silver or gold plating. Which combination would be best for me?’ The answer depends on many factors: what wood you like, what colour would fit best to the setting in which the cup will be, etc. etc.
Walnut is a broadleaf tree widely distributed in the Balkans. Whiskey cups made of walnut have a rich, dark colour and a smooth texture that feels comfortable in the hand. The combination of materials, the warm and natural beauty of the walnut and the soft shine of the gold, attracts attention, magically enhancing the aesthetic, adding a touch of luxury and sophistication.
Cherry whiskey cups have a warm, inviting look and are often used for special occasions. The combination with gold or silver accents completes the aesthetics of the wood.
The preference of the colours and the wood from which the cups are made depends on our current mood. Just like listening to music or our desire to go out and meet friends or stay at home with our favourite drink depends on our current state of mind.
Most people like to make a unique and remarkable gift. They are looking for one that makes the recipient feel special. An item which can relate to a memory of a friend or an important moment in someone's life, a gift made of quality materials, which will not be put on the shelf and forgotten, but will be given a special place so that it can always remind, who gave it.
The special day of a loved one, a friend, a relative or a colleague is approaching. You have chosen a wonderful present from 'Zografov & Son'. It comes in luxurious packaging and a beautiful branded envelope, ready to be presented. You are happy and you think that the preparations for the event are complete. But do you know how important it is to add a personal message to your present?
If you wish, we can take care of your items. Give us a call and we will not only restore the silverware, but we will also apply an additional gold coating. The fee for the service is negotiable. Thus, you will have your favourite cup or jug in its original state once again.
In this article, we will tell you what the different types of trees symbolize, how wooden items are made, and in what package you will receive them from our studio. This will help you choose the most suitable ones for you or for the person you want to give them to.
According to recent research by American biologists and epidemiologists, silver is able to cope with new viruses and bacteria, unlike most known antibiotics and antiseptics. It is therefore no surprise that silver water is set to become an antibacterial miracle.
When you want to surprise your loved one, friend or colleague for their celebration, you could give them something original, memorable, personal and luxurious - something unique. The gratitude you will see in their eyes will make you happy.
We at 'Zografov & Son' offer you luxurious gifts, full of spirit, emotion and sentiment which, we promise you, cannot be found anywhere else! CHOOSE A PRECIOUS GIFT What gift to choose for a 50th birthday?
It is interesting and remarkable how much history and how many artifacts there are in a territory as small as Bulgaria. During each excavation, archaeologists find a piece of the life of our ancestors. We are a nation with a rich past, and that is priceless. All these discoveries made by archaeologists are changing scientists' perceptions of the oldest centers of human civilization. The historical artifacts prove that a civilization flourished on the territory of Bulgaria long before the Hellenic one. A culture existed which created items of high artistic value.
‘There are two very real reasons to buy business gifts that are not necessarily warm and fuzzy. One is obviously to thank someone for their business for the year. The other is to make sure you remain top of mind, and to get your name in front.’
The Rogozen Treasure was accidentally discovered in 1986 in the village of Rogozen, located in Northwestern Bulgaria near the city of Vratsa.
Easter customs are highly cherished among Christians worldwide, and one of them is associated with eggs. The origin of this tradition is uncertain. Some say that the custom of colouring and giving eggs dates back to Ancient Egypt, Persia, Rome, China, and Greece.
To create a unique emotion for your nearest and dearest or to reward your business partner, the desire to leave something for your children, for their children, even for people in hundreds of years, is an irreplaceable feeling and a strong motivation.
If you have the chance to visit the museum in Vratsa, you will come upon an incredible sight: dozens of small dishes, placed in special chambers, as if telling you their own story. Their splendid detail sparkles in the dark, and we can only marvel at how they were made by the ancient craftsmen
Did you know that there are people who prefer their name days to their birthdays? Our name day symbolizes the energy that is encoded in our name. It is part of our individuality and, like the birthday, defines us in the world. Even if we regard this day as a celebration of many people with the same name, it is also an occasion to unite with them and experience a common emotion of the positive energy and good wishes we receive. When choosing a name day present, you need to bear in mind the following....
Zografov and Son's masterwork of gold, silver and exotic wood has been handed down for generations by Andrea Puncheva
When 26 years ago Nikolay Zografov decided to dedicate himself to his fine art, he did not anticipate that years later his creations would belong to presidents, diplomats, aristocrats, artists, and famous personalities from around the world. His talented hands sculpt perfect compositions from noble metals and exotic wood, transforming objects into true works of art.
Lubomir Zografov to Bulevard.bg - about the inherited craft of creating gifts for connoisseurs, the Holy Grail as inspiration, and the skill to impress even Bill Clinton
What makes us different is that we create positive emotions with each of our products. We deliver joy wrapped in a smile and kind words.
