Art of gemstone buying!

There are lots of points to be kept in mind before investing in gemstones. The popular belief that diamonds are forever and it gets up to 75% resale value, but coloured stones have no resale value is absolutely wrong. On the contrary investing in gemstones can be a profitable business if not just a hobby. For E.g.: A 3 carat Burmese (old Burma) Ruby which could be bought for around Rs.10000 per carat, now costs more than Rs.50000 Per carat. Simple reason: demand in increasing continuously but production is very limited. Nature’s resources are fast depleting. And the resources are also very scarce. All the good quality gemstones are already mined.

And moreover because of the improving technology, the treatments done on the new gemstones are getting more and more difficult to detect. As a result the natural untreated material is becoming rarer.

One should keep in mind the following points before investing in gemstones:

1) Learn to love gems for their beauty, portability, and privacy. Align yourself with a knowledgeable expert. This can be a dealer, a wholesaler, or a retail jeweler.
2) Do not buy a colored stone without a reputed gemological laboratory certificate. For amateur collectors, this is critical. Especially if the gemstone is of more value.
3) Try to get as much information as possible of a particular gemstone which you are going to buy.
4) Always go in for un-treated gemstones. Gemstones close to their natural state will be very rare in future.
5) Always buy from a reputed dealer or trusted source. Ask for a money-back guarantee for a initial period i.e. say 15 days. So that one can show the piece to some other expert and cross verify.

Happy buying!!

Gemological Institute of India have given a good article about how to buy a coloured gemstone. Must read for new shoppers!!