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Most Recent Posts $10,000 a caratPosted Apr-09-08 16:08:24 PDT Tell me what you thinkOK
so I have seen the high end jewelers that will charge $10,000 a carat
for geuine Burmese Rubies. Must have to charge that much because there
is an embargo on all products from Burma (Myanmar) right now. Question
is when I see them in the markets in Thailand the price for these same
rubies is often $500 a carat depending on stone size. The argument I
get with them is that these are the only real rubies. Rubies from
Viet Nam, Thailand and Africa are all over the place and unless you
have a real good eye you cannot tell where a stone was born. Even GIA
the leading gemological lab and school in the world will not give an
origin on thier certifications because they can only guess. One thing
that has to be understood is that the retailer wants to get as much
money as possible and for centuries/eons Burmese Pidgeon Blood Red has
been the apogee of the the Ruby world. How many of us out there have
ever seen pidgeon blood? What is the comparison. So I ask what makes
them worth so much and others so little. Marketing, same as diamonds.
The Diamond market is held by the throat by 1 major company that has
millions if not billions to tell you that a "Diamond is forever" and
how rare they are. Wrong Diamond is a very common gem when compared to
others. But DB has done a great job of convincing the public otherwise.
Truth be told diamonds are rare only because DB only releases so many
at a time and only to selected buyers. The best diamonds are some times
held back to drive the price up and then trickled onto the market to
once again selected buyers. |