An excerpt from our upcoming book - A Gem of a Deal. This checklist helps to narrow your search and gives more information to the person searching for your gem for you.
Whether you are buying to create a special piece of jewellery, to collect, or simply for a bit of fun, you need to be clear on why you are buying a gemstone, especially if it’s a high-price one.
If you are thinking of buying only so you can re-sell it later for a profit, don’t. Unless you are already an experienced buyer, it’s more likely that you will end up paying much more than you have to. Remember, if the deal is too good to be true, it is.
So let’s look at the possible reasons you are buying a gem and what you may be looking out for:
Generic questions for gems
1) What type of gem are you looking for? E.g. sapphire, aquamarine, peridot, ruby, etc.
2) Is there a specific colour range that you like? E.g. blue, pink, red
3) What kind of quality (top, high, medium, commercial) do you need?
4) What type of jewellery are you making? (Rings usually require more durable gems due to their increased chances of getting knocked about)
Generic questions for jewellery
5) What type of material do you want? Gold, silver, gold alloy (white gold, rose gold, purple gold), platinum?
6) What kind of jewellery do you intend to create? E.g. a ring, pendant, or necklace?
7) How often will you wear it? (Jewellery you wear daily will require more durable gems)
8) Do you have a general style that you like? E.g. ethnic, modern, vintage, industrial, minimalistic?
9) What specific designs do you have in mind?
10) What are your reasons for making this jewellery? See 10a, b and c below.
10a) To create a special piece of jewellery
Is it for yourself?
Is it for someone else?
Does the piece have a special significance? Perhaps to commemorate a special event or occasion?
Are you making an engagement ring?
10b) To collect (and wear) / just for fun
What type of collection categories are you creating? E.g. rings from / inspired by different parts of the world, unusual designs, vintage collections, a particular brand
Do you intend to widen these categories in the future?
What are the characteristics of a gem or jewellery item that makes you like it? E.g. a thin band (esp. for stackable rings), milgrain details, floral-inspired patterns etc.
10c) For future resale
Is there a specific country of origin for your desired gem? E.g. a Burmese ruby, a Sri Lankan sapphire or an Australian opal?
Is there a specific colour you want? E.g. A pigeon-blood ruby, a cornflower blue sapphire, a Santa Maria coloured aquamarine?
Do you require a gemological certificate from one of the large gemological laboratories like GIA, GRS etc. or will a local gemological laboratory do?