The World's Most Useful
Gem & Jewelry Monthly Newsletter
Written by Carolyn Doyle for customers of
The Dorado Company
and other visitors to the
azgem.com website who subscribe.
Share this newsletter with friends and co-workers by printing or forwarding it to them in its entirety.
Sign up for a free subscription to the AZGem Gems monthly newsletter.
Back issues of the
AZGem Gems newsletter can be accessed by clicking
Usable Gems... and a little opinion.
Buying Gems On eBay
Buying gems on eBay is a subject that came to my
attention while I was attending the Las Vegas Gem and Jewelry shows on June 1,
2007, at approximately 8:50 a.m.
After stopping by the JCK Show's registration booth to
have my badge and credentials blessed, I was walking along the corridor, headed
for the adjacent AGTA gem show. The AGTA show opens an hour before the JCK show, and
I needed to talk with a couple of AGTA exhibitors.
The corridor was congested with people headed towards the
registration lobby, and I was swimming against the tide of humanity... so I made
my way to the edge of the flow near the booths that line that part of the
Most of these 10 foot booths house exhibits by the various
trade organizations and trade publications.
However, I found myself in front of 3 or 4 connected booths
featuring eBay. Somehow I had never considered the idea that eBay would
attempt to market to the gem and jewelry trade at a major show!
I didn't stop to talk with the young ladies working the
booths, but I continued to wonder about whether eBay could become a major player
in gem and jewelry sales to the industry.
I've now done some research and determined some things
to my own satisfaction.
It seems to me that some decent gems and jewelry can be
bought on eBay, but most of those are not auction items. They
are "Buy Now" items at somewhere between wholesale
and discount retail prices.
Yes, my preconceived notion is that you get no more than
you pay for, and I think I found that to be true.
But, and it's a very big but... you can get much less
than you pay for.
When buying gems or gemstone jewelry on eBay, be on the
lookout for the words "lab," or "created,"
or even "CZ," and other terms that indicate the stone
is not a natural gem.
Then there is the problem of the seller that misrepresents
the items offered for sale or at auction. Misrepresents is a
gentle word for a nefarious act such as selling an artificial
stone as natural. A better term is fraud... or bare-faced lie.
Next is the problem of quality. People in the gem and
jewelry industries are always looking for quality goods at a
competitive price. Gems on auction sites may be the stones
rejected because of quality.
For example, some sellers would have you believe that you
can get lucky and buy a quality ruby or other gem at auction
for ninety-nine cents.
I compete with some of these people in buying the rough gem
stones, so I know how much good rough costs. Then there is the
cost for cutting, and at least two costs for shipping. It
just isn't possible to sell a $300 ruby for ninety-nine cents
and make a profit... even if you charge $7.00 for shipping.
So my sincere conclusion is that there are significant
perils in play when buying on eBay. I think I offer better
deals through my business strategy of buying gem rough
(worldwide) at the mine or an in-country rough broker, having
the material faceted to my requirements in Asia, keeping my
overhead very low, and applying a smaller markup.
I offer thousands of loose gems, and some nice finished
jewelry such as birthstone earrings, colored stone studs, and
pearl strands. Send
me an email
to tell me what you want.
||Click on the box...
and have Google start putting money in your bank account!
You can prove it to yourself... a Google search for the keyword phrase
auction sites + gems returns a number of
internet listings and ads with additional information and photos.
Gem Industry News...
A twoand pearl necklace, known as the Baroda Pearls
recently sold at auction for the impressive sum of 7 million
The Baroda Pearls were billed by Christie's as the
"most important natural-pearl necklace to ever be seen at
The Baroda Pearls is a natural-pearl necklace strung with 68 of
the" finest and largest pearls" from a sevenand
natural-pearl necklace once in the collection of the Royal
Treasury of the Maharaja of Baroda.
The prolific collector who was at that time the Maharaja of
Baroda, was actually named Khande Rao Gawkwar. He is considered
possibly the most prominent jewelry collectors of the 19th
century, according to Christie's.
features an article headlined "Survey: Women Hesitant
to Buy Jewelry Online" http://www.jckonline.com/article/CA6442847.html
Curiously, the data in the article does not seem to back up the
assertion contained in the headline. Of the ladies surveyed, only 7%
said they would never consider buying jewelry online.
However, the article contains some interesting insights and
information. If you sell through a website, you should find the
The item related to stolen credit card numbers is especially
alarming. Even a perception of poor website security threatens all
online sellers. That is why we use PayPal. They have developed
excellent security measurers... and I never see a customer's credit card
Do you enjoy jewelry and gems?
Do you enjoy talking with friends and co-workers?
Could you use an extra income source?
Take a look at our great
Want to change the e-mail address
at which you receive this newsletter?
Want to (gulp) unsubscribe?
me an email
and let me know
what you want to do.
The AZGem Gems Newsletter is now distributed
through RSS, as well as by e-mail. Use the appropriate button below to
add the azgem.com feed to your RSS service.
Subscribe to my RSS feed
an RSS feed?
AZGem.com is the Web presence of:
The Dorado Company
P.O. Box 8232
Scottsdale, AZ 85252-8232