AZGem Gems
August, 2005
 
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.
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Usable Gems... and a little opinion.
Jewelry Precious Metal
- Platinum
This month we begin a short series entitled Jewelry
Precious Metal.
The primary precious metals used in making jewelry
are platinum, gold, and silver. This month we'll talk about platinum.
Platinum is a hard, white metal that wears well in
jewelry.
Platinum is also a family of metals. The other
members of the platinum family are:
Iridium
Palladium
Ruthenium
Rhodium
Osmium
Iridium (10%) is often alloyed with platinum (90%)
to make rings and other jewelry that is even harder than platinum alone.
Palladium is often alloyed with gold, to produce
white gold.
Ruthenium is also used in platinum alloys to
produce jewelry with exceptional wear characteristics.
Rhodium is the "most shiny" member of
the platinum family. Pure rhodium is often used as a plating finish for platinum
and white gold jewelry.
Osmium is a bluish-white, very dense metal most
often used in industrial weights and measures applications.
Most of the world's platinum is extracted from huge open
pit mines in Africa, Russia, and. Canada.
Platinum is the least used of the jewelry
precious metals. It's also the most expensive... maybe there's a
connection.
The commodity price of platinum is almost always higher
than the price of gold.
That's part of why platinum jewelry is noticeably more
expensive than gold jewelry.
Another reason is because platinum jewelry is alloyed with
other expensive members of the same family, where gold jewelry is usually
allowed with less expensive metals.
Next month we'll talk about that very popular jewelry
precious metal... gold!
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Industry News...
A Product of Myanmar or...
The U.S. Customs and Border
Protection agency has agreed with industry arguments that cutting and
polishing rough gemstones from Myanmar in another country constitutes
“substantial transformation,” and therefore makes the gem a product of
the country in which it was cut.
This means that virtually all gemstones
from Myanmar (formerly Burma) can enter the United States legally.
Imports of all goods from Myanmar
were banned under the Burmese Freedom and Democracy Act of 2003, which took
effect at the end of August, 2003.
Myanmar produces some of the world's
finest ruby, sapphire, spinel, and jade.
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Jewelry
Dealers
Labor day is here, and with it begins the fall jewelry
sales season... leading up to the holiday sales season..
From now until the end of the year is when jewelry dealers
make it... or not. Be one of those who make it!
You should have your inventory built up by the end of
September. It's much easier to sell a finished piece of jewelry, compared
to showing a photo in a catalog.
If you need loose gems to mount, let me know.
I just received a couple of new shipments from my
cutter in Sri Lanka. I haven't had time to process and list the stones yet, but
there are many gorgeous gem stones in these parcels.
Beautiful amethyst and richly colored citrine
from Zambian rough in many sizes and shapes are in one shipment.
In the other parcel are 30 or so blue sapphires
with striking deep green flash, also in several sizes and shapes.
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Jewelry
Dealers Program
Do you enjoy jewelry and gems?
Do you enjoy talking with friends and co-workers?
Take a look at our great
Jewelry
Dealers Program.
Carolyn Doyle
Back
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The Dorado Company
P.O. Box 8232
Scottsdale, AZ 85252-8232
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