I found a site that sells like 44 fair to good pear shaped natural emeralds for $220 that retails for $2400 and 6 fair oval rubies for $150 that retails for $1600. I've always thought that owning a bunch of loose gemstones is pretty pimp so I'm thinking of buying them. Is it a scam. What's the catch. The site is www.lg-gems.com.
2007-02-14 22:02:36 · 3 answers · asked by Anonymous in Science & Mathematics ➔ Earth Sciences & Geology
The is only one use for emerald, that is for jewelery. large perfect emeralds are easily lab manufactured, this is what you would want. there is no demand for small, imperfect (inclusions and color flaws), cloudy (semi-transparent as lg-gems calls it) emeralds. That is why they sell them for cheap, because they are worth even less.
pear shape? a precious emerald would never be pear shape, it would have a "emerald" cut to show off the clarity, shine and refraction of perfect color. The stones at lg-gems looked tumbled and not even cut.
$2400? an emerald rated less than "good" would need to be the size of a tennis ball to be worth that much.
Its only value would be in costume pieces, and green glass would look much better.
2007-02-16 13:08:17 · answer #1 · answered by lare 7 · 0⤊ 0⤋
Cheap Emeralds
2016-12-18 08:16:57 · answer #2 · answered by ? 4 · 0⤊ 0⤋
HELLO!!! Ask yourself this simple question - Why is a site selling stones so far below their "real value" when they can make many times more profit selling at the proper price?
Of course it is a scam, you will get what you pay for - rubbish. I have been a professional gemmologist for more than 40 years and believe me there is no company in the world that is going to sell you something at one tenth of its value. Please keep your money in your pocket, it is too hard to earn for you to simply throw it down the drain.
These people rely on the "Wow what a saving and how much money I'm going to make" reaction and also on the fact that - with respect - the general public knows nothing about precious stones. They betray the trust that honest traders have spent their working lives trying to build up among their customers and as such deserve to be exposed as the crooks they are.
2007-02-14 23:48:00 · answer #3 · answered by U.K.Export 6 · 1⤊ 0⤋
No. Is there an established market where millions of traders (buyers and sellers) have access? Is there a universal price for gemstones (bearing in mind size, quality etc.)? Is there a reasonable amount of independent researchers and published research? Is it as easy to sell gemstones as it is to buy them? Compare this to the other investments you mention.
2016-03-18 02:20:20 · answer #4 · answered by Cindy 4 · 0⤊ 0⤋