The 76th Annual Golden Globes was about beautiful diamonds endorsed by actresses. Jewelry brand Cartiers’ has been producing iconic designs since the 19th century where most items fascinated luxury buyers for centuries.
Gemstones hold special beauty and attraction to continue to attract rich Millenials. The vintage and classic pieces serve as collectible and previously, gemstone buying was mostly about the colorless diamonds integrated in engagement rings but now, the rich millennial investors seek different and unique colored engagement rings and jewelry, as these are associated with good memories.
The new buyers are spending on green sapphires and white, black, or grey diamonds. They want to spend in life experiences in affordable opportunities where color represents the individualistic reflection of personal choice.
Opportunities in Colored Gemstones
Emeralds are birthstones for May born, where the deep green color symbolizes fertility, youthfulness, and a relationship with nature. The deeper greens fetched higher values and some in the higher price range have an intense bluish color.
Rubies can be red, purple-red, or deep orange-red, moreover, are known for elegance and passion. Yellow sapphires have mystic powers and are connected to wisdom and prosperity. Deep blue or violet-blue sapphires are linked to purity honesty, trust, and loyalty.
Some of the less conventional ones include tanzanite, which is a blue color rare gemstone, discovered at the foothills of Mount Kilimanjaro, East Africa. The transparent blue gem was found in 1967 and was one of the transparent blues that represented a new species of the gemstone.
The color was like flower petal cuts and was a part of the Tiffany for 50 years. Before mid 19th century, colored gemstones were not considered valuable, and were rarely included in the jewelry designs, but in 1876, the gemologist Dr.
George Frederick added tourmaline to jewel designs, and the number of new colored species included tanzanite, tsavorite, Montana, kunzite, etc.
In a recent event, the gemstone dealers in Tanzania were celebrating the gain in one of the rarest stones, as the global market price of Tanzanite increased, mainly, due to the tightening of illegal exports in Tanzania.
The prices gained over 30 percent in the global markets, and the local miners and exporters are appreciating the steps taken by the authorities to regulate trade and restrict illegal trade in this sector.
Investigating the Features
The buyers should consider the color and cut, while, purchasing it. Sustainability, environmental - friendliness, social standards, and place of origin are other important aspects, but the buyer should not over-consider its origin.
Buying gemstone can be thrilling, visually exciting, where trustworthiness is the key feature. The buyer should get the stone of their choice from a reputable store, which provides certifications and other documents associated with the recommendations of previous clients.
The GIA certificate is the standard that can provide the AGS grading and 4C report. The cuts and facets should pass scrutinization and be displayed to allow the customer to get a decision.