Post subject: THE EFFECT OF GRAY ON THE VALUE OF SPINELS AND OTHER GEMS
Posted: Thu Oct 10, 2019 12:08 pm
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Gem Trend Updates The latest insights from the world experts in gem colors and pricing
THE EFFECT OF GRAY ON THE VALUE OF SPINELS AND OTHER GEMS
Up until 3 years ago, it was unthinkable to imagine that gray colored gems were going to be in high demand. Gray was considered by traders as the unwanted “non color”, which didn’t attract buyers. Generally, dealers bought these gems because they were cheaper. Yet, recently, reality has hit us all in the trade.
While interviewing our trade experts, we were told that it all started when customers “didn’t mind a touch of gray” in their blue or purple spinel, blue green tourmaline or unheated tanzanite gems.
We immediately checked it with our big data trend and demand algorithm, which confirmed the tendency. We have found that compared to just two years ago, the "pastel" gray colors, which were considered unwanted, are in great demand nowadays.
For example, a 3-carat, eye-cleaned, grayish violet lavender-like spinel, which was offered 3 years ago for as low as $200-300 per carat (due to a very low demand), is offered today for $600-800 per carat, an increase of more than 100%. The same tendency is shown in metallic-like blue green tourmaline (+30% in price) and gray-bearing tanzanite (30%) gems.
It appears that the existence of a grayish shade, with or without a body color, becomes a hot trend. Moreover, as surprising as it sounds, our collected data points out that today the grayer the gem the better! Will this trend last? One never knows. Obviously, the beauty of gray is in the eyes of the beholder, not necessarily in everyone’s. Call it fashion or call it trends, gray seems to be playing an important role today.
Have you had such an experience? PLEASE do not hesitate to share it with us… email: info@gemewizard.com? subject=Feedback on Gem Prices Update
Pure grey spinel has been an increasingly common sight on fb listings with good prices asked and apparently received. I picked up a round recently (picked from a large parcel) and I understand the hype. It's legitimately unusual, and not many gems offer the exact color range.
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