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Loose Gemstones Are Beginning To Appreciate Price

By Marshal Connelly

Commodities such as loose gemstones have been increasing in value since their inception. What makes them such a great buy when compared to other precious metals? Besides having many different venues for buy, they’re often the centerpiece when set in jewelry. Gold, silver and platinum can be melted down, but gemstones are rarely broken down within the same fashion. Sure, diamond chips can be used as a detail, but nothing catches the eye like a flawless gemstone. Some purveyors wish to add to a personal collection while others plan on reselling them for a profit. No matter what path you plan on taking, it is crucial that you know the fundamentals behind gemstones.

One way the worth of loose gemstones are measured is in their quality. They are graded according to size, clarity, cut and color. Even flawed gemstones still have some value. The rarer the color, the higher the value is placed upon it. Besides quality, gemstones are further broken down into different categories. There are actually precious and and semi precious gemstones, synthetic gemstones, certified and non certified gemstones. Knowing the terminology will help you to be able to establish a base price for a specific kind of gemstone and accurately calculate bulk rates.

The single most important factor to consider when purchasing loose gemstones is certification. Most gemstones have to be cultivated by mining, and unfortunately not all countries use scrupulous practices. National organizations have set standards which required ethical mining practices. When those practices are followed, the gemstones collected could be certified. This not only places a higher value on them, but ensures that their origins can be traced. Many countries only allow certified gemstones to enter their countries while others have more relaxed rules. To trade in larger markets, it is best to deal with vendors who sell certified gemstones.

Loose-fitting gemstones are highly sought after because they may be set in jewelry for a high profit. As soon as a gemstone has been cultivated, properly clean and cut, it can be sold on the open market. Many countries sell them in bulk because they have no interest in turning them into wearable jewelry. When large amounts of gemstones are on the market, they become accessible in bulk. After being graded and categorized, the gemstones are sold from buyer to reseller until it comes to a jewelry maker and turned into a work of art. If you’re planning on buying gemstones, it is best to make your buy before it gets to the final stage.

Knowing how loose-fitting gemstones are mined, categorized and sold will help you establish a starting point. Another good tip is to go straight to the source. If you have a particular gemstone in mind, say emeralds, find out what countries are known to mine them and begin doing research. If you can get a contact for the mining facilities you have a good chance of making a low-cost purchase. It’s important to know the laws of the land you are in as well as restrictions on importing jewels. Before you get ready to purchase, think of these tips and think about the source.

Loose gemstones are becoming increasingly more valuable with every single day. These gemstones are worth collecting as they will only go up in value.

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Article Citation
MLA Style Citation:
Connelly, Marshal "Loose Gemstones Are Beginning To Appreciate Price." Loose Gemstones Are Beginning To Appreciate Price. 25 Aug. 2010. uberarticles.com. 20 Aug 2014 <http://uberarticles.com/hobbies/loose-gemstones-are-beginning-to-appreciate-price/>.

APA Style Citation:
Connelly, M (2010, August 25). Loose Gemstones Are Beginning To Appreciate Price. Retrieved August 20, 2014, from http://uberarticles.com/hobbies/loose-gemstones-are-beginning-to-appreciate-price/

Chicago Style Citation:
Connelly, Marshal "Loose Gemstones Are Beginning To Appreciate Price" uberarticles.com. http://uberarticles.com/hobbies/loose-gemstones-are-beginning-to-appreciate-price/


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