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Cecile Raley Designs — insurance

RISK! How to Deal in High End Gems and Not Lose Your Shirt – or the Gem

Posted by Yvonne Raley on

Last November, I was approached by an Australian customer to source an engagement stone for her. She wanted a Ceylon sapphire, 4 carats, emerald cut, no heat, with cert. The budget: $15,000. Needless to say I don’t have those kinds of stones lying around. Not in that price range for sure, but I also don’t have the kind of inventory in larger sizes that allows for such specifics. Nonetheless I was...

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