Spinel continues to rise in Price around the globe.
Following on from the record sale price for the Hope Spinel in September Rubyfair.com offers a big saving on its range of spinel for the Xmas period. Whatever you spend on spinel we will match that with the same again free of charge. Spend £100 get £100 of spinel free, spend £1000 you get £1000 free !
Spinel is a becoming better known as an investment gem, but in fact some of the most famous rubies in the world, such as the the Black Prince’s ruby in the British Crown Jewels, are actually spinels and in the far East this gem is already highly sort after.
The most valuable spinel colors are red, hot pink and purple. Red Burmese spinels and the neon pink-red spinels from Mahenge, home of the Rubyfair.com mine, Tanzania have the best investment potential. Rubyfair.com Spinel is completely untreated and prices on fine pieces are due to rise in 2016.
Now ethical sourcing can cover all of the jewellery.
With the availability of ethical gemstones across the product range now, along with ethical and reclaimed precious metals, gone are the days that a jeweller can dismiss the shift towards ethical sourcing as impossible due to a restrictive product range.
Rubyfair.com necklace in 18k gold with ethical ruby and Tanzanite.
In order to help spread the word and introduce jewellers to its range rubyfair.com is commissioning some exclusive one off pieces using its ethical gemstones and reclaimed gold. The idea is to supply these exclusive pieces to the trade so as to showcase rubyfair.com ethical gemstones and allow jewellers to sell a piece without the initial outlay for the gemstones and manufacture. If you are an ethical jeweller and wish to discuss stocking these items please contact rubyfair.com here
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 firstname.lastname@example.org.
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||$650||$550||$450||$375||$255||$200|
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.