- Joined
- Nov 21, 2002
- Messages
- 2,326
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Date: 10/19/2006 6:14:28 PM
Author: canuk-gal
HI Josh:
If you don't mind, I wanted to ask if you wouldn't mind sharing some details about your searches for your latest acquisitions; the red spinel and ruby. Thing is, I am in the market for both (ruby for sure) and noticed that you recently bought two beauties. I am jealous!
I am wondering how long it took you to find what you wanted, and what criteria/parameters you used for your gem purchases. Please share any details you find relevant.
Thanking you in advance.
cheers--Sharon
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Well Sharon I don't mind at all.
My Method: (lol)
Establish a Criteria:
QAULITY/BUDGET
BROKER: There are many different places to look, but I would go with an established vendor or broker which you might see posting on this forum who might have extensive knowledge on colored stones, with a great internet presence and established website with positive feedback on the forum. Look at their credentials...Is the vendor established with good credentials? I like going with a vendor who is at bare minimum a Graduate Gemologist with trade and retail experience.
A good broker will need to know (1) What your looking for (if you don't already know) (2) What is your pricerange..A good broker will listen to your needs and let you set your price without asking. After listening to your needs a broker might say "Now that I know what your needs are...What do you see yourself spending so I know what to work with" Trust is a big issue Sharon. If you trust your Vendor he will know what he has to work with coupled with not trying to take advantage of the situation on jacking up the price to pocket every last one of your dimes..(lol) After All a good broker will try to accommodate you in every way to keep you returning. A good broker knows creating long term residual income from treating someone right will go a long way from ripping you off the first time and having you not come back.
Wink is a great gem broker and probably my top choice. I don't mean to sing praises and convey great accolades about him, but he is trustworthy and attentive. I think this is probably one of the biggest hurdles in your search in finding what you want. If you convey your thoughts right away and trust your broker he can expedite what you want fast.
I buy 2 different ways. One if I see something I just cannot live without from a trusted website, I go with it and buy the stone if I can afford it. After all who knows when the next best gem you have your eyes set on will come along (lol) Bare with me Sharon some people drink..other's do drug's...I buy gems (lol)..If your in a relationship it is good to get your partners approval too..(LMAO)
EDUCATING YOURSELF:Afterall Once you Have educated yourself and have found a good vendor...Conveying your needs in the proper way to your trusted vendor will expedite what you want. A good thing to keep in mind is to be patient too. Most of the time I can find what I want or need right away because I know of many different sources to Work with. If you just have to have the best 3-carat, golden-yellow whisky sapphire there is be prepared to wait a little. Most brokers know where to go right away, but on occasions there sources will just not have the gem to satisfy your needs. This doesn't mean the particular broker isn't worthy, it just means it will take a little more time to find what you want. I have had brokers in the past tell me Josh what your looking for is not currently available through my sources, but a gem of "x" quality is rare and will eventually make it's way onto the market. DO you mind waiting...?" If not they will also offer you an alternative like..Josh that beautiful Cushion Cut Tsavorite is not available right now, but I have a Asccher that will knock your socks off...Or I'll tell you what...I will keep you updated and looking...The Tucson Gem show is coming up and we will be sure to find what your looking for there.
The other way is educating and browsing and deciding on what you might want. For instance..Josh might say to himself..."I would like a pink sapphire for my wife". I would know what to look for and tell my vendor this is what I need and this is how much I have to spend.
The biggest part is educating yourself on what you want. If you want a Burmese red-spinel...Take your time and research everything you can find on spinel. Go and look at different gems or have your broker call in different gems so you can see many different stones. This is the most important thing in searching out what you want.
Once you have educated yourself you will have a better understanding what you’re looking for which will build the foundation for your entire purchase.
Patience is huge and some gems can be very rare...Especially in the finer qualities...So keep this in mind when looking and try to be a little flexible too without compromising on the main objectives of your purchase.
In answering your 2nd question how long it took me to find what I want.....Sharon once you have the criteria and method for your search set I would say 90% of the time I can get what I want or an outstanding alternative in 2-weeks or less. Like I said earlier larger, more rare gems can take longer and your priorities add to this equation. For instance if I was to say I have $50,000 and I want the finest 10 carat Tsavorite the market has to offer...Be prepared to wait...You may not only have to wait, but you may also have to adjust your expectations..
Sharon...Now look what you got started girl..I haven't spit that much out in quite a while.. If you need any help let me know. Are you currently looking for anything?