Cecile Raley Designs

Knowing When to Sell Your Colored Gemstones (& When to Wait!)

Knowing When to Sell Your Colored Gemstones (& When to Wait!)

A couple of months ago I asked one of my gem sellers if I could "memo" (i.e. the jewelry trade practice of borrowing) his 1.07ct Benitoite that he had just acquired, and list it in my shop for sale. “No,” he said, firmly. “Because it will accrue value faster than inflation, so it’s better for me not to sell it right now.” Better than an 8% annual inflation? Yes, better than that. And he’s right (too bad for me but a smart move).

In Tucson 2022, the first Tucson with a sizable show of international vendors, I spent just about every penny I had in the bank. And then I did something crazy: I put many of those gems in a box, for later, even though I was flat broke! I also locked in several payment plans for merchandise so I could avoid paying more for the same stuff a few months later. To do this, I used up the “street cred” I had built up with them over the last decade or so. I’ve had to pay some purchases off very slowly, but my vendors know that in the end, I am reliable, and if they needed a little extra cash or I needed to stretch things, we could up or down the payments as needed. The basis of such deals is a lot of trust, but that goes both ways as I also trust my suppliers to be honest about their goods and current pricing. 

In the past few years, I've had several clients tell me that they'd rather save up and wait to buy a larger Paraiba (or other gem, but mainly Paraiba) at a higher price, but that strategy has backfired; unless they save very quickly, inflation will outpace them. As a gem seller it's tough to tell people "please buy now and find a way to finance on your own, it is better for you" and not sound like I'm giving a sales pitch. But I will say that the last few years have borne out my predictions.


1.8-carat Paraiba Tourmaline Trillion Sugarloaf Cabochon
1.8-carat Paraiba Tourmaline Trillion Sugarloaf Cabochon


It’s been a tough 2022 sales wise but I am happy with what I own and not worried that I will get stuck with my gems. The Paraibas have already accrued over 20% since I bought them in February, and while the trend may level off, I am certain they will never go down. Other gems, like my powder blue cobalt spinels (and a few deeper ones I have), will accrue more slowly, but they have already exceeded blue sapphires of the same color in value. My 2.2ct blue Burma sapphire has already doubled in price since I got it in 2020. My emeralds are up 30% since the same time.

Three Blue Spinels from Luc Yen, Vietnam.
Three Blue Spinels from Luc Yen, Vietnam


I did sell all my Benitoites, unfortunately. Should have saved those too, lol. Instead, I took one of my red spinels off of the website because I realized that it had been there since 2019 and the price was now too low. While I am happy to pass good purchases on at a discount, there is such a thing as feeling that the value of an item has not been fully appreciated. So now I get to enjoy the spinel myself until I feel it may be time to put it back out there. In the meantime, this is a good opportunity to get it certified – not something that’s needed for most spinels because they have no known treatment, but I do recognize that many novice buyers feel reassured by this (whereas any buyer should certify origin and treatment of any sapphire of value). My two rubies on Etsy, meanwhile, are quite reasonably priced at this point but I’m leaving them up for sale as my heart beats faster for spinel than ruby. And I am, after all, a gem seller, not a gem hoarder! :)


AGL Certified 1.32 ct Unheated Ruby from Lake Baringo, Kenya
AGL Certified 1.32 ct Unheated Ruby from Lake Baringo, Kenya


(Entertaining side note: Pantone just named “Viva Magenta” – 18-1750 – to be the color of the year 2023, and of course the AGTA followed suit, wanting to market gems of that color to promote sales of Magenta colored gems. But what gems are those??? Magenta colored Mahenges are completely wiped off the market, Magenta Burma spinel practically sold out, and ruby doesn’t have that color, it’s more red. That leaves a few not easy to come by Magenta red tourmaline as the only option. Am I wrong about that? Do you think that pink sapphires or some rubies are 18-1750 or rather a different tone? Let me know, I am drawing a blank, and I love that color.).

Viva Magenta — Pantone's Color of the Year, 2023
Viva Magenta — Pantone's Color of the Year, 2023


But I digress. Let me pass on another anecdote. One of my old friends in the trade, Jaimeen Shah from Prima Gems, once said to me that you can measure the health of a gem business by how long it can hold on to merchandise. If a seller needs to flip gems for immediate cash, then the business is in bad shape. If he or she can afford to hang on to their stock for over a year and be blasé about making the sale, then they are doing very well. A healthy business might keep stuff in the safe for decades. They might even put higher price tags on their gems and then just shrug their shoulders if you ask for “their best price,” telling you that they don’t care if you can’t buy it at the full asking price. They figure that sooner or later, it will sell, and they are right. (Asking for the best price is a practice that many of us find rude – a healthy business is not desperate to make a buck).

If you enjoy buying gems but also enjoy selling and trading, don’t fret if things aren’t moving right now. And don’t get desperate. Give it time. While there are gems that really never have much value – iolite and apatite come to mind – the sheer rising of labor costs over the last half decade have even made those more expensive than they used to be. You may remember for example that back in 2010, you could buy cheap citrine and amethyst for $1/ct wholesale, and those days are long gone despite the fact that the vast availability of both gems has not changed one bit.

Remember that as the public gets educated, colored gems will become more and more of an alternative to diamonds. This is a good thing for you if you already own some colored gems because while white diamond supply (for jewelry) is virtually endless, this is not the case for most colored stones. Not just for the short lists of examples you find online, but really it’s true for most of them, even the non-spectacular. The exception I want to hedge over is quartz, and if you throw in bead quality gems the situation might be different. Rubies, sapphires, emeralds, any spinel, any zircon, any apatite, peridot and iolite even, are rarer than diamonds. They are just not all super pretty or sparkly or super hard and durable. They are also not carefully controlled and cultivated.


4.8mm Emerald Cut Blue Gahnite Spinel from Nigeria
4.8mm Emerald Cut Blue Gahnite Spinel from Nigeria


Already one can see the influence of clever marketing strategies affecting colored stone pricing on the commercial market. Padparadscha sapphire and aquamarine come to mind, and blue sapphire, as we find European royalty and international movie stars flaunting their colored stone engagement and anniversary rings. Before 2014, lighter to even medium colored aquamarine traded at $5-15 a carat. Now they are at $35, and larger specimens are $100/ct and up in the trade. In Madagascar, prices of aquamarine went up by a factor of five in the last six years.


Aquamarines From a Recent Shipment from Madagascar
Aquamarines From a Recent Shipment from Madagascar


It should be noted that aquamarine, especially fine goods, were fairly underpriced given their availability, at least in my view. Maybe that’s because the lower quality goods are very light colored and sort of, well, boring looking. Prices of color change garnet have gone up similarly – and those don’t look boring to me at all. I don’t mean the ones that just lightly shift “hues” like from pinkish to purplish, but the ones that shift from teal blue-green or grey blue-green to purple, or a strong pink to a strong purple. Lindi (Tanzania) appears to be mined out, and Bekili (Madagascar) is right now difficult to come by and difficult to export.


 Bekili Color Change Garnets (From a Recent Shipment from Madagascar)
Bekili Color Change Garnets (From a Recent Shipment from Madagascar)


The upshot: if you own some finer quality gems, reasonably well cut, low on inclusions, pretty, and let’s just say to be on the safe side, not quartz, then I think you can expect a continuing increase in value. Granted it is harder to resell for a retail buyer, but whatever you paid whenever you paid it, expect it to be at a higher price now. And this is NOT the case for your engagement white diamond which loses 10-20% of its value as soon as you leave the store with it (one last note on that: untreated colored diamonds, especially pinks, reds, peach, blue, natural grey, purple, green, have skyrocketed in the last 20 years. Pink diamonds have doubled in just the last two years, one of my vendors told me. So those are not to be compared to white, which are up right now because of supply chain issues but will come back down when that is resolved. Remember that Russia is a huge supplier of white diamonds and right now we are not buying anything from Russia.


Matched Pair of Radiant Cut Fancy Yellow Diamonds, 1.01 Carat Combined Weight
Matched Pair of Radiant Cut Fancy Yellow Diamonds, 1.01 Carat Combined Weight


I’ll end this blog with a quote from an overseas vendor that was part of a conversation literally today, when I told him that this year has been slow (something everyone in the trade is saying): “Good stones in the safe are not going anywhere… nor is their value.”

3.71-carat Mahenge spinel set into rose gold with peach diamonds, mahenge and Burma spinel.
From the Title Photo: Rose Gold Necklace
Featuring a 3.71-carat Mahenge Spinel Center Stone
and Halos of Peach Diamonds and Mahenge and Burma Spinels
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The New “Gold” Rush: Colored Gems

The New “Gold” Rush: Colored Gems

If you’ve been buying gems in the last few months, you will have noticed that gemstone prices have been sharply on the rise. Obviously, this is a general trend as supply chain issues, wars, border closures and internal political problems have disrupted the entire world, not just the world of gems.

The Paraibas shown below were worth only 1/3 of their current value when they sold in 2016:


paraiba tourmaline

Paraiba cabochon, 2.05 carats, sold in 2016 for $1537

paraiba tourmaline

Paraiba Cabochon, 1.51 carats, sold in 2016 for $2718

paraiba tourmaline

Paraiba Cabochon, .68 carats, sold in 2016 for $679

paraiba tourmaline

Paraiba Cabochon, 2.75 carats, sold in 2016 for $2200

However, in the gem trade in particular, there is more pressure for material than there has been in several decades, and not just the past couple of years since Covid.  Back in the 1980s and early 90s, there was a bit of a boom with amethyst, citrine, red garnet and topaz among others, but it’s been fairly even-steven until more recently.

When I started selling loose gems around 2009, very few buyers were asking for unheated sapphires or unoiled emeralds, and nobody asked for cobalt and jedi spinel, hauyne, benitoite or kornerupine, even Paraiba, although all of those gems existed back then! These days, we see a much more educated buyer who wants to know the origin and treatment of gems, and who is requesting certificates for evidence.

This is likely due to the increase in internet education and direct (international) internet sales, but it is also the result of celebrities buying colored gems. Nowadays, buyers know what kinds of gems are rare and they want to have something unique rather than what they can get in a regular jewelry or chain store at the mall.


pink spinel
This neon pink Mahenge spinel pear sold for just $616.50 in 2012


This change in consumer behavior has caused luxury jewelry brands to pay significantly more attention when they acquire gems, and that in turn has led to a squeeze as no colored gemstone worth investment attention comes in near sufficient quantities to meet such a demand. In Manhattan we can see this trend unfolding first hand because most of the luxury brands, including but not limited to Tiffany’s, have their main location in NY and operate closely with the Trade on 47th Street.


18k White Gold Blue Sapphire and Diamond Ring selling at bluenile.com for $66,000


Word on 47th street has it that since 2021, these major jewelry houses are investing significant funds into securing gemstones with fewer treatments and enhancements, and paying a premium for acquisition! Some go as far as refusing to buy any gems from conflict zones such as Myanmar, the Congo, Afghanistan, or gems that have significant treatment like resin treated emerald from Colombia. Even heated sapphires are avoided in the market these days despite the fact that over 95% of sapphires are routinely heated, making unheated sapphires very hard to come by and expensive. This is a very significant development in the trade and I want you to take note of this, both with regard to what you want to buy but also with regard to what you have!

Now, let’s look on the supply side. Here, there has been an opposing trend, with production, availability and international exports actually shrinking. I was told, for example, that diamond prices have increased about 15-20% in just a few months. This has been the result of several major developments since around 2020, mainly of course the pandemic, but that has been by no means the whole story.

But let’s start with Covid 19. Some border closures remain in effect more than two years post the initial lockdowns. Otherwise, entry is subject to long quarantines, as is the case in Hong Kong and Vietnam, which are both facing some of their worst outbreaks since 2020, just as they were getting ready to reopen more broadly and had reduced their quarantine time. While Hong Kong does not produce gems, it is a major center for faceting them and for jewelry production and thus very important to the trade. With increasing pressure from China, many do not expect Hong Kong to be a major player in the industry in the future.

 Map of East Asia

Map of East Asia


Gems from Vietnam have gained a lot of popularity lately, in particular, with cobalt spinel but also the somewhat lesser known lavender and pink varieties. But export from Vietnam is still mainly achieved by direct export, that is, by taking the gems or the gemstone rough across the border in person, i.e. by airplane from Hanoi to Bangkok. Needless to say this has been near impossible for over two years now, and things are not yet improving. In addition, the government has banned mining in the Luc Yen region, so while the gemstone market has reopened, there isn’t much new material. I do not know the reason why, unfortunately.


cobalt spinel
.39 carat cobalt spinel pear from Vietnam currently in our shop


Thailand has just recently eased its restrictions but even though it is richer than Vietnam, vaccine and testing capabilities are not at the level that we can expect in the US, Canada or Europe. This will continue to disrupt trade as Bangkok is one of the world’s leading gem cutting and trading centers. Export has been largely by shipping since 2020 (rivaled by direct export before that). Word also had it that in Tucson 2022, Thai buyers came to purchase as opposed to selling, because, as a Bangkok buyer told one of my sources, some prices on sapphire in the US were lower than in Thailand by as much as 40%.

Also, because of the many border closures, tourism has not yet returned to its pre-pandemic levels, and countries such as Thailand, Vietnam but also Sri Lanka (among many many others) suffer from the lack of tourist income. In fact, Sri Lanka, a world leading producer of corundum, is on the verge of total economic collapse; there are food and fuel shortages, and the government is no longer able to pay back its foreign debt. This has a direct impact on mining because much of the small machinery used runs on diesel.


More on the crisis in Sri Lanka


But not all supply chain problems in the colored stone industry are due to the pandemic. Political crisis has impacted the government of Myanmar, for instance, when in February 2021, the fledgling democratic government was taken over by the military party, the Junta once again. So Western nations cannot buy gems from Burma (Myanmar) anymore unless they want to buy them from a political dictatorship. The small illegal trading along the border between Myanmar and Thailand is down as well. Already exported Burma ruby and sapphire, but also spinel, have continued to rise in price, while at the same time, the major jewelry houses will no longer buy any ruby from Burma even though it’s not officially banned. As is so often the case, these companies think ahead by more than just a few months, and they do not want to advertise gems that come from conflict zones regardless of when they were sourced.

Moving East along the map, The U.S. withdrawal from Afghanistan and its pursuant takeover by the Taliban has resulted in similar restrictions on the trade, impacting imports of emerald, for example. Gems can find a path out of the country via less traveled routes but that, too, has become very difficult. As far as I know there’s no gem purchasing right now on the open market in Afghanistan. Previously, the democratic government supported by the US was making import and export easier.

Speaking of the Asian continent, exports of demantoids and emeralds from Russia have always exacted a price to the government - I’m going to leave you to ponder the ethical distinction between what constitutes a government tax or a government exacted bribe in the case of a dictatorship. It has therefore never made sense for Russian gemstone sellers to bring back their inventory from a show outside of Russia.  Once exported, the gems remain in places like Hong Kong, where they have been since 2020 when travel there became nearly impossible, and will continue to sit now that Aeroflot is grounded and other air traffic to Russia on hold. Russians cannot leave the country, so they also cannot get to their merchandise to sell it.

From Russia, one’s thinking wanders naturally towards the Ukraine, and to the export of natural topaz. I witnessed a sale of natural bi-colored cognac (see video below) and blue topaz in Tucson. The seller was maybe 22 years old, and he had mined the gems together with his father. With poor English but a lot of pride, he was able to tell us exactly the block and lot number of his find for proper block chaining; meanwhile a well-known cutter who also observed the sale weighed in on how he would shape the rough. The deal was done, both parties were happy, and the grapevine tells me that there are further attempts to continue this fledgling business relationship during war time. I don’t know the details, and if I knew I would not share.


One of the natural bi-colored cognac topazes referenced above


Last but not least, there have been some events unrelated to the pandemic or governmental crises. For example in 2018, the Tanzanian government prohibited exports of facet gemstone rough because it – correctly - perceived that the main profits in colored gems occur after the rough material is faceted, not before. The Sri Lankan and Colombian governments, have long restricted the export of gemstone rough, for precisely this reason. But both countries have been perfecting the cutting trade for many years, whereas Arusha, Tanzania had no more than a few dozen experienced cutters when the then new government suddenly instituted its new law, and despite many of the master dealers meeting with the president directly, the law was upheld for over a year.

When Covid hit in 2020, the Tanzanian president claimed that Covid did not exist in Tanzania and that masks were unnecessary. As a result, a few of the major gem dealers that had helped to build the trade in the 1970s simply retired and some even left the country. The Tanzanian government has since adopted a less strict stance towards gemstone export – partly because its president died in 2021 (from Covid, it appears), and the new president has a different agenda. But the Tanzanian economy has suffered nonetheless because aside from gemstones it mostly lives on tourism. These days, most of the export from Arusha is in the hands of well-funded Sri Lankan families who have tried their luck elsewhere. And many of these goods, in turn, are sold to China and other Asian countries for higher prices than they fetch in the United States.

Sri Lankan traders also happened to be involved in the event that caused the present export blockage in Madagascar that started just a few days post border reopening in November 2021. The story was all over Tucson but I also know some of this from my Malagasy friends who heard the same rumors in Antanarivo. In early November, a passenger boarding a diplomatic flight refused to check in his hand luggage even though it was slightly overweight. The luggage was eventually opened and revealed a parcel of uncut gems with an invoice for garnet for approximately USD 13000. The gems, however, were sapphire, and the estimated value is over a million USD. The traveler was arrested and all airport customs officers were also arrested for accepting bribes. (It’s a very tiny airport so imagine a couple dozen arrests). In addition, five members of the “Departement de Mines” were arrested for accepting bribes. As a result, mining sapphires (from Ilakaka) is forbidden right now and the mining director is currently hiding somewhere on the island.

All this said, keep in mind the following: the French word for bribe used by the Malagasy, is the word “cadeau” which actually means gift. This is VERY telling as it isn’t a word used merely to obfuscate the fact that a bribe is paid, but also because the need to secure food for the family without losing face by admitting one’s poverty is best recharacterized as the request for a voluntary gift. Border officials and mining department employees have very low salaries, but they are uniquely situated to be able to slow down or speed up the export of a rich Vahiny (stranger) by kindly requesting a small present. Really - the presents are small, no more than perhaps $25, which equals a weekly salary (this is a low salary even for Madagascar). Some gifts can go up to $100 but I have not personally seen anything larger than that.

That said, tens of thousands of USD, and an invoice that understates the value by 95%, is another matter entirely, and one where the government will not ignore the issue (in fact one may surmise that the government would express some interest in a more “official” bribe in form of a tax). So, once said Sri Lankan with a diplomatic passport was caught and put behind Madagascan bars, no bribe was large enough to buy him back out. And people in the mining office have decided that returning to work could get them arrested. Not even employees of DHL are willing to send packages with gems now, even if cleared by the mining division. The income even at DHL is pretty low, the substitute income one can expect from working at customs, at an international shipping agent, or a government office (like mining) is now just too risky. So at the time of this writing, these offices are, and remain, closed.

As it always is in economics, the causes for rising prices, and this includes gemstones, is never straightforward, and it involves certain contingencies that one may not have expected, like an overweight piece of hand luggage!

For this particular blog, I conferred with nine knowledgeable people that shared information with me that I would not have otherwise had access to. I, and my readers, owe them our thanks.

Here are a couple of lovely spinel examples currently available in our shop: 


Elongated pear-shaped lavender Vietnamese spinel
Elongated pear-shaped lavender Vietnamese spinel


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Too Soon for Tucson? The Reality of Gem Buying in 2022

Too Soon for Tucson?  The Reality of Gem Buying in 2022

I either have antibodies already, or I am the luckiest person on earth, having traveled to Germany 7x since Covid started, having to test incessantly to get into my mom’s home, always coming up negative.  I was in Colombia, Denver twice for gem shows, and in Tucson in April.  Yes, I am very careful, I am triple immunized, and one of the most tested people outside the health care industry, but still!  Last week one of my closest friends got Omicron (3x immunized) and several of my more distant ones did too - all independently of one another. 

Hence, I say this with a great deal of caution: in two weeks I am going to the Tucson gem shows - not to one, but to several super spreader events.  I am going to self-test every single day both for myself and for the sake of everyone else that I am going to see.  

But I SO want to go, even if I have to hole up in the hotel every night and get room service.  I am really hoping to meet some of my long missed vendors from Bangkok – four in total – all of which are going to be there if they don’t test positive beforehand.  My budget is small but my appetite for gems is high, especially for multi colored and blue sapphire melee, emerald melee, benitoite, and spinel


4x3mm Blue Sapphire Oval
4x3mm Blue Sapphire Oval



Loose Pink Burma Sapphire Rounds, 2.1mm
2.1mm Loose Pink Burma Sapphire Rounds



I am also on the lookout for specialty cuts.  The ones in the lower price range often sell out quickly.  Two years ago I saw some lovely zircon hexagons and long kites, but when I went back to GJX on day two to get more, they had all gone.  Also, while I can get sapphire melee shipped from Thailand, the reason MY stock of blues, purples and greens, even yellows is always so well matched is because I do this myself at the show and it takes hours, yielding only small batches.  I cannot get anything matched down that well when it’s shipped to me.  Nobody in NY has these melees, at least not for the prices I get them for in Tucson.

Of course, I am also curious about what vendors are managing to bring.  Vietnam is still difficult to access, so my favorite location for spinel, other than Burma, is not likely to have much of interest.  I have asked around for cobalt spinel, but so far, no luck.

Madagascar, as a source, remains problematic as well.  I had hoped to get my shipment this winter, but the Mining Office, which provides the export documents, remains closed.  A large Sri Lankan smuggling operation was outed late last fall, which led to arrests of Madagascan custom’s officers, several people from the Mining Office as well as the director of the Ilakaka mine.  The director of the Mining Office, meanwhile, has vanished without a trace, and a new one is being trained.  Until that’s sorted, they are not reopening.  This means, in turn, that there will be zero exports of gemstone rough, faceted gems, and collectors’ crystals.  Only commercial goods such as decorative and ornamental stones (i.e. tumbled calcite that you can put into a bowl on your table) are allowed as those are handled by four other local mining offices located in other towns.

Ergo: my grandidierite, color change garnets, sphene, aquamarine and a small production of a new find of gems that I am excited about is stuck.  My friends are keeping everything at their house and I know I will get it sooner or later, but if any other gemstone dealer hoped to have Madagascan material for Tucson, those hopes are dashed at this point.  It is simply too late.

Color-change garnet lot in Mada waiting for shipment
Color-change garnet lot in Mada waiting for shipment


Sphene lot sitting in Madagascar waiting for shipment
Sphene lot sitting in Madagascar waiting for shipment


Finally, I am going to switch out several sets of memo gems, which I usually do toward the end of the AGTA show, when vendors are winding down and are offering them out to me for a few months to work with.



For this reason, you’ll see a flash sale of last chance memo’d items offered at 20% before Tucson (January 26-29), and then the rest will go on sale on the 30th of January for two weeks. I wish I could offer a steeper discount on memo gems but much of the profit of gems on memo is not ours, so there are limits to what we can do.  That said (and if you read that far), if you contact me directly you can get 25% off because I pay 5% to Etsy anyway, on top of any advertising fee should you have clicked on a Google Ad for my shop within 30 days of your purchase from me.  If I sell direct, none of that applies and I am happy to pass it on, as well as save you taxes outside the state of NJ. 

In addition to the gem sales, all jewelry (with the exception of custom) will be on sale as well.  We have never had a Valentine’s Day sale because we are always in Tucson, but now that we are selling more jewelry again, we think we should.  So it’s all gonna happen at once.  I hope you will keep us busy!

So, fingers crossed, Tucson is going to happen as planned.  If not, I certainly won’t be the only one not going... and I will find a plan B, as I always do. 

Here are a few of the "Last Chance" gems, disappearing from the shop after January 29th, but available from January 26th-29th at 20% off:

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Pack your Virtual Bags: You’re Coming to Tucson with Us!

Pack your Virtual Bags: You’re Coming to Tucson with Us!

Hooker Emerald Brooch

Hooker Emerald Brooch, designed by Tiffany & Co, previously exhibited at Tucson Gem & Mineral Show & worth $5,000,000 USD!!!

I can't believe how quickly the Tucson Gem & Mineral Show is coming around this year: I got back from Germany last Thursday night, where I spent a lot of quality time with my mom, and then I realized: I leave in THREE WEEKS!  I changed my Tucson travel dates this year because several shows start before my big ones (i.e. AGTA and GJX shows.) The AGTA gives booths only to their own vendors, and the GJX has a long waiting list to get a spot, so gem dealers like my opal vendors and some of my spinel vendors attend some of these other shows instead.

Here then is the big question: is there really anything new this year?  How’s this even possible?  Well it actually is possible thanks to new finds, such as a spinel find in Vietnam last summer; with lucky buys from my vendors, and with lucky buys from yours truly, those will arrive from overseas in February.

Let’s start with, well, ME.  As my friend Jochen from Jentsch Minerals was just in Madagascar, I bought some high quality grandidierite through him.  This time the gems are a bit larger, but not so big that they will break the bank.  On my WhatsApp the colors looked juicy and the gems sparkly, but my friend Gael is still learning to take adequate video (and admittedly he doesn’t have a state-of-the-art cell phone).  

In other ways, too, my “Tucson buying” has already started, as several of my vendors have given me the opportunity to make pre-show selections.  I have several boxes of Burma spinel melees on my desk already.  You will see these roll out in the next three weeks.  If these move well, I may stock up!


I have also negotiated to buy up an old production of Vietnamese lavender and lilac spinel pear shapes, small sizes, good for earrings, stacking rings, and I will come up with some other designs for them as well.  I will be able to price those fairly reasonably.  I was hoping for more lilacs and neon pinks in other sizes but right now that market is wiped clean.  But, some larger purples and lavenders are an option for me.  I’ve seen most of what will be presented via WhatsApp, it’s just a question of what I want to put aside...These pieces would be more expensive though, figure on several thousand for one piece since they also weigh a couple of carats, so it multiplies out in two ways (price and carat weight).

Related to this, I of course, keep getting asked about paraiba.  Having scoured this market for years, this is what I know: there are about 6 decent paraiba vendors in all of Tucson.  One or two are Brazilian with outrageous prices and they don’t allow you to memo gems.  I don’t buy there.  I wouldn’t be able to offer a return and the price would be high for that.  There’s another vendor, not Brazilian, who has top (top top top) quality pieces but those are in the 30K and up range, so I haven’t ever bought those.  But, they are amazing!  Another vendor from the US used to have stuff but he’s fairly sold down and I’ve passed on the rest.  The final two with anything but crumbly overpriced stuff are here in NY and I see their selection before it goes to Tucson.  I have three pieces that I am holding back on for now, available only upon request, and for the moment at least, I have no plans to buy in Tucson directly.  For me personally, and therefore for you, there’s no advantage in doing so.  If you have requests, please let me know and I will source if I can.  For the rest, as you know there will be a sale coming up, so you can buy the stock I still have.

Regarding the melee paraiba, there is a little bit left with my melee vendor, and I source it as needed.  I would buy it up but it would tie up all my cash flow, so that’s not an option for me, but production of these ended years ago.

In other news, I am negotiating for a small production of benitoite before it hits Tucson (it sells out on the first day)!  I was also shown some Vietnamese ruby and sapphire melees that I am interested in, but I haven’t made a decision yet...

I am going to stock up more on the high quality moonstone this time.  The main cost there is from cutting, not lack of availability.  If there are any requests, please let me know as I will be a very busy bee this year!  

The other thing I will stock up on are ruby and sapphire melees in all colors and sizes.  This is pretty much an all day thing, or a several day thing, as I have to match down suites.  The vendor has pre sorted parcels, i.e. 5 shades of lavender rounds in the 2-2.5mm size.  He will then sift out, say, 2.2mm from the shade I like best, but then I still have to match them.  Sometimes I think there are as many lavender and purple shades of sapphire as there are stars (or maybe I’m seeing stars as time passes).  Matching these is a job only for the obsessed.  So it’s fine for me…

Let me list here what I can get, and if you want to help me, in a manner of speaking, let me know what you might like, i.e. size, shape, amount.  Otherwise, I will just pick what I think is best.  

Blue sapphire: shades of blue, vibrant to light to dark, 1-3mm rounds mainly but other shapes also.
Ruby and pink sapphire: same idea, from light pink to deep pink to ruby color, all pre-sorted.
Lavender sapphire: light to medium, not super dark, but nothing in 1mm.  1.8 is the smallest I’ve seen.
I can also get teal, tealish-green sapphire, and I can get other shapes: 4x3 ovals, marquis, small pears.

Anything aside from lavender is heated or a mix between heat and no heat.  Lavender is usually from Madagascar and is not heated, just because at the moment, that’s the main supply line for this shade.

I’m sure I’m forgetting something, but for now this is all I can think of.

One final note.  Photos: I will of course keep you posted on Instagram and Facebook, and I will put out as many listings as I can manage.  What I will not do, however, is publicly post photos of gems that I haven’t bought yet or of selections at booths.  I don’t usually do that anyway, but as this has become a widespread practice, here’s my two cents. Vendors don’t like it, especially for finer goods.  Once a gem is “out there and been seen”, possibly with exact specs, those gems are kind of “spoiled”.  And if several people show the same gems, it gives a false sense of availability.  

There are also small sellers that pre-sell goods based on vendor photos at a low markup.  But they can’t offer a good return policy and they run the risk of selling you something that is no longer available once you pay.    

On Instagram, I’ve also even seen photos from wholesale websites (taken without permission,) sometimes shown by several different vendors, but when you ask, the gem isn’t available.  I’ve witnessed a small retail jeweler doing so on his website, and I’ve even had my own photos taken and reused both on Etsy and on Instagram.  I’ve even seen sellers photograph gems in vendors' boxes with the price on the front, thereby signaling that they were selling without a markup, when in reality, wholesale vendors provide (sometimes steep) discounts on that product.  
As much as I love the internet as a selling platform, I find that it provides a lot of confusing information, and I don’t want to add to the confusion.  Whatever I have for sale is either (a) mine, or (b) given to me on legitimate memo and just for me to sell for the duration, and (c) to the best of my ability, has not been in the hands of other vendors.  Caveat on that: sometimes I decide to show a gem that I co-own, or that I know is on a friend’s website, or that I was told has been shown around.  That’s ok, as long as I can make that decision.  But increasingly, I have decided to forego some selling opportunities because the gem has “been around the block already,” possibly at a multitude of prices.  So if vendors show me their rare goods, I usually ask them directly.  That way I can give full disclosure to my own clients so that they can make the best decision for themselves.

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