AZGem Gems
August, 2006
 
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.
August Birthstone Is
Peridot

The August birthstone is peridot.
This month we continue our
series on birthstones that will provide answers to questions like...
"What
is my birthstone?"
"What
if I don't like the color of my birthstone?"
"What
if I can't afford my birthstone?"
Peridot is a gem created in nature through the combining
of two minerals... fayalite and forsterite.
The
word peridot is pronounced pair-a-doe, rather than per-i-dot.
Peridot is a magnesium-iron-silicate (Mg, Fe)2SiO4
, often associated with traces of nickel and chromium.
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Click on the box...
and have Google start putting money in your bank account! |
Peridot comes in a bright, fresh, spring green, sometimes tending to a
golden hue. Technically, the color is described as yellowish- green, but
that description misses the beauty of peridot.
The pure yellow and brown variations of olivine aren't true peridot.
This of course, means that August babies can only choose among
variations in hue and lighter/darker stones.
Peridot is mined commercially in the Hindu Kush mountains along the
Afghanistan-Pakistan border, in Myanmar, and on the San Carlos Apache
Reservation in Arizona. San Carlos provides the most stones
to the gem market.
Smaller occurrences of peridot are mined in several other countries.
Peridot has a hardness in the range of 6.5 to 7 on the Mohs hardness
scale... more than adequate to be a good jewelry stone.
Peridot occurs in a range of sizes, from microscopic to more
than 100 carats.
The Egyptians prized peridot gems more than 4000 years ago, and it's
popularity has spread worldwide in modern times.
The source of the Egyptian gems was probably the island of Zebirget (St.
Johns) in the Red Sea. This source is no longer in commercial
production.
Peridot ranges in price from a very reasonable $25 per carat
to several hundred dollars per carat, depending on stone size and
quality.
I am most familiar with the San Carlos gems, partly because this
location is only about 100 miles from my home.
Only San Carlos Reservation residents can mine San Carlos peridot.
Traditionally, it's a family affair, with whole families visiting
Peridot Mesa to pry the rough stones from the sides of the mesa
using hammers, screwdrivers, and other small tools.
Several years ago a local entrepreneur named Charles
Vargas began mining an area of the mesa with a back-hoe. This, of course, caused
a great uproar among these highly traditional people.
Assurances to residents and tribal leaders that
traditional family mining areas would be avoided calmed the uproar.
Charles went on to establish a thriving,
vertically integrated enterprise offering high quality gems, jewelry by native
artists, and mineral specimens directly to the public.
His purpose was to bring the benefits of the
reservation's natural and human resources back to his people in the form of jobs
and money.
The August birthstone is peridot, and chances are your
peridot will have come from San Carlos.
I have several nice peridot gems and earring studs
in stock at the moment. Send
me an email to get details on several that are ready to ship.
A Google search for the keyword phrase peridot
jewelry returns a number of listings and ads for vendors specializing
in production run jewelry pieces.

Gem Industry News...
Affluent consumers
prefer the Internet
Have you ever heard of the Luxury Institute? According to
their website...
"The Luxury Institute is the uniquely independent and
objective research institution that focuses solely on the top 10 percent of
America's wealthy."
Anyway, they recently published findings of some research
that reveals more of those with a net worth of $750,000 or more, and an annual
income of at least $150,000, prefer to buy luxury goods online.
The Luxury Institute's survey
reveals that "the Internet has become the
channel of choice for wealthy consumers in dealing with the firms that serve
them."
38 percent of respondents in the "Enhancing the
Customer Experience of the Wealthy 2006" survey prefer to purchase luxury
goods online, versus 33 percent who favor face-to-face transactions. Similarly,
in services, 37 percent of wealthy consumers want to close the deal online,
compared to 30 percent who prefer buying in-person. Twenty percent prefer making
purchases of both goods and services via the telephone.
Well, I could have told them
that!
But, if they surveyed the rest
of us, they would have discovered that we also buy things like gems and
jewelry online.

Jewelry
Dealers
Are you rewarding your customers with discounts or
freebies when they send you a new customer?
These simple gestures will keep the old customers sending you new
ones.
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The price of gold is still around $635 per
ounce, so if you weren't able to hedge by buying up gold mountings and
findings a couple of years ago, you probably should be buying what you
need now. It just keeps going up.

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
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