New member here. Lurking for the past month and enjoy the many comments, however, I have a question I hope someone can help guide me.
I'm from Dallas, an expat living in Colombia. My Colombian wife has contacts in Colombia that allow us to buy rough or cut emeralds from the mines of Chivor, Cosquesz and can also get rough emeralds in Muzo at some pretty decent prices. She wants to start an emerald export business. I've told her thats fine, but I've never sold emeralds and don't know who I could sell them too. She knows a dealer in Bogota that will teach us cutting as part of the education process as well as offer his emeralds at a discount that we can sell in the US or Europe.
My question is this. Who can we sell to in the US? I'm assuming at wholesale since I really don't want to get into the retail side. Is the Diamond District in NY a possibility or would they only pay pennies on the dollar? Is this a profitable possibility with travel costs, etc... Thanks for any advice or guidance.
I'm from Dallas, an expat living in Colombia. My Colombian wife has contacts in Colombia that allow us to buy rough or cut emeralds from the mines of Chivor, Cosquesz and can also get rough emeralds in Muzo at some pretty decent prices. She wants to start an emerald export business. I've told her thats fine, but I've never sold emeralds and don't know who I could sell them too. She knows a dealer in Bogota that will teach us cutting as part of the education process as well as offer his emeralds at a discount that we can sell in the US or Europe.
My question is this. Who can we sell to in the US? I'm assuming at wholesale since I really don't want to get into the retail side. Is the Diamond District in NY a possibility or would they only pay pennies on the dollar? Is this a profitable possibility with travel costs, etc... Thanks for any advice or guidance.