So this is what I learned.
I jumped to a conclusion based on 30 years of experience, but not
with white sapphire that is G.I.A. certified as unheated.
I virtually shot my mouth off because I thought the “buy it now
price” was ridiculous, and I was concerned that an unsuspecting
might think that the G.I.A. cert would influence someone thinking
the cert validated the price. There was a statement of comparison of
white sapphire with diamond which I also did not think was
Seems that a colorless sapphire of that size, well cut, and with a
cert that it is unheated is a collector gem and it is worth about
what the person is asking for it as a retail price, a little high,
he said it was negotiable.
I have been a G.G. for 30 years. I have a lot of experience with
colored gems, and I could not see no way no how that a colorless
sapphire could be worth near what was being asked. I was wrong and I
owe the seller an apology.
If I could buy a gem like that at wholesale, I am sure I would have
a gem like that for the rest of my life. I could be surprised, but I
do not believe I would have a customer who would want to pay that
much for something that has esoteric value, and it might be nice, but
not nice enough to spend that many beans on
(I recently got some small white sapphires to use in jewelry, they
are mistaken for diamonds although they are kind of flat, no
dispersion even though they are diamond cut… I was counting on the
fact that they look enough like diamonds
add that little pop, and not be pricey for a small gold item.
Perception, or misperception, can add value, and with proper
disclosure no foul committed.) I have never seen a 3 or 4 CT. white
sapphire, but I do not believe a gem that size would be mistaken for
diamond. A nice slice of humble pie for myself!