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Thoughts on definition of fine gems


#1

Some of the latest postings about companies (and individuals)
offering “fine” gems at what seems to be an extremely low price has
brought up some other considerations when defining what “fine” gems
actually are. I think that when someone recommends or mentions a new
source and claims that it is much better material than they have seen
elsewhere one needs to consider that individuals’ definition of
"fine" or “better”. For someone who predominantly handles $100/ct 1
ct. sapphires suddenly seeing $500/ct material will look like much
better material to them. For someone handling $500/ct material they
might need to see $2000/ct material to define “fine” goods for them.
A person who has never sold a $5-10,000/ct emerald may have no idea
what “fine” emeralds truly look like. There are lots of people who
consider “I” color, SI2 clarity diamonds as fine goods, but we sell
only “D”, “E”, and “F” color, VS clarity (mostly), goods so to us it
only becomes much “finer” material when we see VVS and better clarity
goods. My points here are that we need to take into consideration
the source of the recommendations that come down through the list and
that you should know your sources (or find out as much as you can
about them).

Daniel R. Spirer, GG
Spirer Somes Jewelers
1794 Massachusetts Ave
Cambridge, MA 02140
617-491-6000
@spirersomes
www.spirersomes.com