An article in The Times last week revealed that The Duchess of Cambridge’s Sapphire engagement ring is believed to have buoyed sales of coloured gemstones. Angelina Jolie, Scarlett Johansson and Felicity Jones have all worn Ruby gemstones on the red carpet. Coloured gemstones are seen as less formal, more fun, and reflect the wearer’s personality more than diamonds.
Jewellers across the country are seeing a strong trend towards bright, vibrant, and colourful gemstones. Diamonds still top the engagement ring category, but coloured gemstones are popular with female shoppers who are buying pieces for themselves, a market that has grown by 25% in the last year.
Women are spending up to £2000 on a piece of statement gemstone jewellery for themselves. Last year a pair of vintage 1930s Ruby Cartier earrings sold for £482,000. Blue shades are especially popular and our Spinel and Tanzanite gemstones are perfect for making that stand out piece.
If you would like to see any of our stones face to face then please contact Richard at Rubyfair.com, on 07515 734313 or e mail on email@example.com.
We at Rubyfair.com were happy to see this article in Diamond World recently, which also made the DailyTelegraph and the Guardian last week. It highlighted the the soaring prices of coloured gemstones which has prompted canny investors to switch from diamonds.
The Rubyfair.com collection offers a considerable and varied range of Ruby, Sapphire, Spinel and Tanzanite at competitive prices, giving you stunning gemstones and a sound investment.
Colored gemstones are being worn more and more by celebrities on the red carpet giving rise to 2015 becoming the year of coloured gemstones.
Interesting artical by Tanzanite one about sharp increases in Tanzanite prices.
Stunning Tanzanite from Rubyfair.com
TANZANITE UPDATE NOV 2014 - Prices of Tanzanite Expected to Rise
Steve Moriarty just returned from his trip to Tanzanite in November 2014 Prices of tanzanite were at exceptionally high levels in Arusha Tanzania and at the mines in Merilani during my November 2014 trip.
Recent changes at Tanzanite One, the largest mechanized tanzanite mine are the cause of the tanzanite shortage. The Tanzanian Government has taken a larger share of the production of “block C” operated by Richland Resources the parent company of Tanzanite One. Up from 10% to 50% share the Tanzanian Government has stepped in to stop illegal mining from claims bordering block “C”.
Much of the production of Tanzanite was coming from mines surrounding Tanzanite One’s claim. These mines were digging down and then cutting over into the highly productive claim of Tanzanite One. With cooperation from their new partner the Tanzanian Goverment, the military was sent in to close down the illicit mining which has caused the current shortage of Tanzanite.
Currently carat weight has less affect on tanzanite than on other gems like ruby, sapphire, emerald or diamond. If Tanzanite One Group gets more control of the market they have plans to change the pricing structure more like that of diamonds which are more affected by size and quality. China has been showing more interest in Tanzanite and with the vast market in China growing demand could have dramatic effects on the price and availability of Tanzanite. We are currently in 2013 seeing the following approximate price breaks in our inventory. Prices of Tanzanite change quickly and dramatically. Tanzanite showing a noticable green component will be priced significantly less.
Prices Per Carat for Very Good to Good Cut and Si1 to VS Clarity
Example: A 2.00ct. exceptional tanzanite at $600 per carat would cost $1200.
AAA+ is Exceptional Color ~ AAA is Vivid Color ~ AAA/AA is Intense Color ~ AA is Moderate Color ~ A is Light Color
|3.00ct & Up
Rubyfair.com miners sieving at rubyfair.com ethical mine.
A recent article out on the news wires (link here) reports that the British government is aiming to make retailers and producers more aware of human rights abuses that take place in their supply chains . This should give a boost to both ethical gem suppliers and ethical jewellers.
Ethical Jewellers such as Rachel Sweeney, co-owner of Cox + Power, said: “I think there is much more awareness of ethics and fair trade in all fields – food, fashion, jewellery – and people are aware of conflict issues relating to diamonds as well.”
This is a great initiative by the UK government but recommendations and guidelines should be backed up with legislation. Unethical dealers will always ignore guidelines and attempt to undercut the ethical competition by using products sourced from those using child labour and unacceptable working methods.
The supply line of gemstones and other raw materials should be open and accountable and any supplier and importer who cannot satisfy officials should be refused the ability to import their stock into the UK.
With the ease of communication and the internet it is relatively easy for companies to become more transparent about their working methods and give their customers the choice. If the government is taking a step in the right direction with these guide lines it can only be welcomed but without teeth it is still up to the buying public to do their own research.
With the sun still out and it set to get warmer in the UK why give any thought to Xmas ? Well if you are a Professional jeweller, home jeweller or just looking to make that extra effort with your gift then thinking ahead is what is needed. Choosing an ethical gemstone either as a gift or to make into a piece of jewellery needs some planning and time for design and manufacture .
Firstly what type of gemstone. Rubyfair only offers gemstones from its own mine ( Ruby, sapphire and spinel ) and from its co op mine Tanzanite. If you are looking for other gemstones sorry but we are not stone dealers we mine then sell direct to you. Do contact us for other gems and we will try to put you towards ethical gemstones from another company like Nineteen48 or other members of the FJA
We have most colours (just not green) so contact us to see what gemstone and budget is good for you. Remember thing ahead and get planning as to find the right gemstone for the right design can take time. Have a look at some of our sale items we are having a bit of a clear out before the next shipment so you can grab a bargain just click here and search with the word sale. And if you are the UK enjoy the sunshine but its only 3 more pay days until Xmas !
Very lazy blog I know but if you are interested in fairness in the jewellery industry ( and if you are not interested in fairness please go and try another business ! ) then this blog is well worth following http://blog.gregvalerio.com/2010/11/17/ethical-and-fair-trade-gemstones-an-overview/.
On another but linked note please take a look at this and like and share page https://www.facebook.com/pages/Gary-Roberts-photographer/388118484600452 Ivory poaching is not out of control and its use within and outside the jewellery trade needs to stop.
Tanzanite the story
We are often asked the story behind Tanzanite, what the country is like, the legend behind the stone and the terrain we must cross in order to reach our co op mine.
Well here is a TV show from the discovery channel which shows the background story of this rare and stunning gemstone http://youtu.be/sfOz-BxYLms
It seems that some of the major mining Tanzanite areas are up for renegotiation currently which has slowed tanzanite mining so prices are rising.
On 14 April 2014, following a two year occupation at Merelani by armed illegal miners, Richland Resources announced the discontinuation of financial investment into Tanzania. Since the announcement TanzaniteOne Mining and Tanzania State Mining Corporation have worked in consultation with Richland Resources to manage costs, increase revenue and improve operations at Merelani to prevent a temporary mine closure while the Government secures the area. Following interdepartmental restructuring, 229 out of 670 TanzaniteOne Mining employees were identified for possible retrenchment, dependent upon the outcome of negotiations with Government.
Stunning Tanzanite from Rubyfair.com
The Tanzanian government has re-approved the use of X-ray body scanner machines, which are anticipated to be operational at Merelani by Q4 2014. The Government has also sent default notices to small scale miners to discontinue all illegal mining activities currently happening on Block C, at Merelani, as the mining license is owned 50:50 by TanzaniteOne Mining and the Tanzania State Mining Corporation.
Rubyfair.com has a stunning range of Tanzanite.
Jewellery designers and their clients are featuring spinels of all colours in their latest designs today more than ever before. The increased availability of spinel in a variety of colours and cuts in recent years has given jewellers and their clients a greater choice. Recent articles such as this one in the FT have brought this gem stone more and more into the public view.
In 2004, a new discovery of fine vivid red spinels from Ipanko, near the village of Mahenge in Southern Tanzania , quickly catapulted this under-appreciated gem to new status. These spinels, possessing an electric color that rivals and often surpasses the best from Burma, have brought spinel from all sources to the attention of designers and collectors. Rubyfair.com has continued mining a variety of colours and sizes of spinel from its ethical mine in Ipanko since 2008.
With its rich history, colorful options, and new sources, spinel
is poised to become one of the most popular gems, finally achieving its rightful place next to ruby
. But get them now because prices are rising fast. Spinels
have increased in price by well over 100 percent in the past five years averaging about 20 percent per year. As their popularity increases, and ruby
prices also continue to climb, spinels
are likely to continue at that pace for many years to come.
As the Chinese economy continues to grow the demand for coloured gemstones continues with spinel and tanzanite being hot favourites. In some pieces these two relatively inexpensive gemstones are being used together as in these earrings by Carla Amorin.
Monastery earrings in 18k gold with 39.74 cts. t.w. tanzanite and 1.01 cts. t.w. lavender spinel, $14,000; Carla Amorim
Rubyfair has a range of spinel in various colours with a great choice of cuts and sizes all ethically mined. Tanzanite in all cuts and sizes right up to double digit ct stones are available all of the highest quality and saturation.