Monday, August 13, 2007

Gemstone Buying Guide

Rubies, Sapphires, Emeralds and other color gems added amazing colors to any collection of jewelry. Gemstones (Colored Stones) jewelry is a great gift for a birthday or anniversary, cost effective (than diamonds) yet have the pride of a precious gift.

How to select a Ruby, Sapphire and Emerald gemstone:

Ruby, Sapphire and Emerald are the most recognized non diamond gemstones among other gems. These gemstones generally have mineral traces called as inclusions. But in gem and jewelry industry, these inclusions are acceptable and is very difficult and rare (and very expensive) to find a flawless or even slightly included gemstone.

Ruby, Emerald and Sapphire are generally treated to enhance color and remove inclusions. Gemstones like Emerald are used to treat with oils and resins while Sapphire and Ruby frequently heat treated. If the seller doesn’t mentioned about the treatments, you must ask from the seller and obtain a recognized gem certificate to avoid purchasing of treated gemstones for the price of untreated ones. These treatments are accepted as a standard procedure in the gem and jewelry industry. Also there are untreated gemstones, but these are highly priced and rare.

  • Emerald – Emeralds comes in a large range of colors from yellow-green to blue-green, but most valuable Emeralds are those with pure green color. Emerald is the birth stone of May and consider as an anniversary gemstone of 20th, 35th and 55th years of marriage.

  • Ruby – Rubies are the most valuable gemstone of all. Ruby is the birthstone of July and comes in orange-red to purple-red colors range. Blood-Red color rubies are considered as the most valuable.

  • Sapphire – Like Ruby, Sapphire are also highly priced and not second to Rubies. The most famous colors are Cornflower Blue and Pure Yellow. Sapphires color ranging from colorless (white sapphire), yellow, orange, pink, purple, blue to black with all shades and mixes of these colors. Sapphire is the birthstone of September and 5th, 45th wedding anniversary gemstone.
Gemstone Color:
The color of a gemstone is the most important factor you should consider when choosing a gemstone. A small gemstone with very good color could be highly priced than a poor color heavier stone. Also a good color hides inclusions and brings a bright shine which is called as the luster. When you looking at the color of a gemstone, there are three factors to be considered;

  • Hue – The unique color of the stone (as an example pure red, pure blue) without mixing of other colors.

  • Tone – Indicates whether the gemstone is a lighter color or darker color, generally scale from light to medium to dark. The most preferable tone is either medium-light or medium-dark.

  • Saturation – The purity of the color. If the color mixes more gray the saturation is low, and high saturated mean the color is more pure and brighter.
Cut and Polish is also another factor to be consider of when you choosing a gemstone. A good cut and well polished gemstone with leaner surface gives a bright luster (shining under light) and hide inclusions.

Sunday, August 12, 2007

Gem News - NGJA Earns Rs.12 million from an auction

Sri Lanka National Gem and Jewelry Authority was able to earn Rs.12 million (US $120,000) by an auction of Crown Gem Lands. This auction was organized by National Gem and Jewelry Authority on last week.

The auction was held at Palmadulla (Ratnapura), which lands owned by Kahawatta Plantations Limited. Licensed issued for gem mining in 26 lands for a period of one year.

Excepts to Gem Lands, Some mining instruments and rock gems (illam) were also sold at this auction.

Friday, August 10, 2007

Gem export figures in year 2005 and 2006


Gem export figures country wise and variety wise for year 2005 and 2006.

An analysis of gem exports



An analysis of gem exports made during the year 2006 through the Gem and Jewelry Authority:

All gems, jewelry, diamond and geuda exports should be chenneled through the export division of the National gem and Jewelry Authority. These export matters are being handled in the following branches of the National Gem and Jewelry Authority.

National Gem and Jewelry Authority
Head Office (Export Division)
25, Galle Face Terrace, Colombo 03. Sri Lanka.
Telephone: +94 11 2325364 / 2329295

Gem Export Center
Air Cargo Village, Air Port, Katunayake, Sri Lanka.
Telephone: +94 11 2252203

Geuda Export Center
Gem Complex, Ratnepura. Sri Lanka
Telephone: +94 452 222007

The Services required by the exporters are provided by the export and export promotion division situated at head office. Ancillary services required by the exporters such as custom facilities, post office facilities, services of international forwarders, are provided in the head office with the help of relevant organizations.
Gem Exports

The value of the gem exported in the year 2006 amounted to Rs.9853.2 million (US $98.50 million) while it was Rs.8004.7 million (US $80.00 million) in the year 2005. These represent a increase of 23% in the year 2006 when compared with year 2005. The volume of the gems exported in the year 2006 was 8,931,696 in cartage. The increase of the volume of exports in the year 2006 is 34.4% when compared with year 2005. The export value and caratage for last 5 years are indicated in graph 1 and 2.

The main international markets for Sri Lankan gems are USA, Thailand, Switzerland, Hong Kong, and Japan. In the graph 2 you will find country wise gem exports made to the 8 big buyers in the year 2005 and 2006.

Blue Sapphire is the leading product exported by this industry. In the year 2006 the value of Blue Sapphire exports represents 44.5% of total export earnings in gems. Table 2 indicates the details of gems exported i the year 2005 and 2006.

Thursday, August 9, 2007

News Update - Facets 2007

"Gemstones Direct From The Source" is the theme of the Facets 2007, 17th international gem and jewelry show in Sri Lanka. Sri Lanka gem and jewelry association (SLGJA) has finalized arrangements to stage "Facets Sri Lanka" the 17th international Gem & Jewelry Show from 30th August to 2nd September 2007 at the BMICH Exhibition and Convention Center in Colombo.

Tuesday, August 7, 2007

Curative Measures of Gem Therapy

  • Headache - Emerald and Moonstone
  • Pneumonia - Red coral and Yellow Sapphire
  • Influenza - Red Coral and Yellow Sapphire
  • Leukemia - Red Coral and Zircon or Yellow Sapphire and Zircon
  • Diabetes - Red Coral and Yellow Sapphire or Red Coral and Lapis Lazuli
  • Color Blind - Red Coral and White Pearl
  • Brain Tumors - Emeralds, Yellow Sapphire and Red Coral
  • Kidney Disorder - Demontoied Garnet
  • Impotence - Red and White Coral with Yellow Sapphire
  • Rheumatism - Red Coral and Yellow Sapphire
  • Blood Pressure - Ruby
  • Heart Disease - Orange Sapphire
  • Shivering - Tsavorite Garnet

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