Posted on 02/20/2018 4:55:34 PM PST by bananaman22
As Elizabeth Taylor once said: “I adore wearing gems, but not because they are mine. You can't possess radiance, you can only admire it.”
It’s a good philosophy, because when it comes to the world’s biggest, rarest and most extraordinary gemstone discoveries, no one—not even billionaire President Donald Trump—could afford the possession.
We’re not talking about the average diamond engagement ring that sets you back $4,000 and was probably grown in a lab. And we’re not talking about the $3,000 ruby that was probably treated.
We’re talking about the rarest gemstones in the world, like the ‘Guinness Emerald’ that came out of Fura Gems’ Coscuez emerald mine in Colombia, where excavation has only reached 10% and the next gem of the century is just waiting to be discovered.
Every year, the mining industry grows by hundreds of billions of dollars. The global economy is booming and demand for precious jewels, particularly colored gemstones, has never been higher.
That means that the greatest discoveries have yet to be made.
Here are just five examples of stones that broke all the records:
(Excerpt) Read more at oilprice.com ...
Thanks. That was very interesting.
Here’s the first thing they teach them to say at jeweler school about buying gems,
“Yes, but that’s the retail price. I have to make some money on it, too.”
I’ve seen and held the exact replica of the Cullinan Diamond...uncut....before it was make into the Crown Jewels of England!! UnFreaking Believable!
bkmk
Omg I love the worlds biggest emerald story. Wonder where it is in the LA vault.
Don’t these huge stones bring bad luck?
Don’t these huge stones bring bad luck?
Anyone who writes an article saying alexandrite has a scarcity close to diamonds demonstrates an ignorance of gems. Diamonds are not scarce. They’re merely a controlled market. They are common as dirt. Over 700 tons of gem quality diamonds have been mined in the last century. . . and the Russians are sitting on billions of carats of unmined diamonds where a meteor struck and are not mining them to keep the price up. Natural Alexandrite IS scarce.
Russia is well known for its synthetic diamonds. I suspect they have mastered the art of mimicking natural ones to the point where even DeBeers can’t dectect the difference.
The country song right now, where they say “But it can buy me a boat.” And I’ve been rich and I’ve been poor: rich is ALWAYS better.
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