Thursday, January 19, 2012

Understanding Gemstones And How To Classify And Buy Them.

By Lois Gordon


Gemstones are precious stones that are gotten from minerals and later finely cut and polished to make ornaments and jewelry. They are often very costly and hard to find. Such rarity is what makes them precious and costly at the same time. The demand of such items usually behaves abnormally as seen in many demand curves because the demand tends to go low when the price falls.

Though most are mined, there are some that exist naturally and do not have to be mined but are considered precious for their luster. In the present world diamonds, rubies, sapphire and emeralds are the most precious. There are very many people who seek to buy the precious stones but are not sure of how to go about it.

First someone needs to understand how the gemstones are valued and graded to finally come up with the price. One example is where gemologists use the color, cut, clarity and carats. The color and luster of the stone is first given priority followed by the cut that is size and shape.

Clarity may be important to colorless gems. Carats are used to classify the stones on the basis of the most dominant chemical formula. Every dealer in the business has useful information on the classification which they can share with you.

When buying them, you must avoid dealers who are involved in illegal trade. You should also avoid buying from traders that you suspect might be selling knock offs. Remember to always think twice when the deal that you are offered becomes too good to be true.

With the high price that gemstones fetch there are thieves who go out looking for unsuspecting people to steal from. You should therefore wear it on special occasions that you are sure are safe and avoid passing through crime prone areas. You should also buy what you can afford not anything just because you want to fit in some class.




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