Buying loose gems is a crap shoot. TV gem sellers promote them like used cars jacking the price up and then lowering it to make you think you are getting a good deal, but are you? Why in the world would they claim a gem is 25,000.00 a carat and then magically sell it to you for 1000.00 a carat. Think about it. They even tell you that you are doing a, “good job,” when you buy from them, that is like basic dog training. I have rarely seen good deals off the TV sellers. They have huge expenses for airtime and don’t buy that, “the owner is out of the room so we are going to get in trouble,” you don’t screw your boss or your clients (the people who own the gems they are selling,) and announce it on national TV. That is a marketing ploy like car salesmen use, “Let me talk to the big guy and see what I can do.” I have never found one gem I could buy from someone who bought it on TV they simply paid too much, period. If you want to buy gems from car salesmen feel free but you are going to get what you overpaid for.
We are a small family company, low overhead and we deal direct with the mine owners and yes ruby’s can sell for over a million dollars a carat but we don’t start our ruby at $1,000,000.00 and come down to make you think you are getting a deal. Finding high quality gems is hard work and you have to work fast, have the connections in numerous countries with miners, agents and cutters and wire large amounts of money overseas a risk most jewelers are not willing to take. We are not jewelers.
We are fine gem collectors who buy, sell and trade the best gems we can find at the best prices. We grab them up before the big jewelers know they exist. We can’t even find gems at the large wholesalers that meet our standards. We use the large mounting houses for diamonds only and to mount gems at wholesale. We know most of the people overseas we deal with. While still risky it is controlled risk and by taking that risk we get the lowest pricing and best gems. If anybody takes a hit it is us not you and we deal in volume so even if you located our contacts they would charge you much more. We pay a fraction of what they list stones for. They know us, we know them. We also buy from some of the finest gem cutters in the world and even if you bought from these gem cutters direct you would pay more than we will charge you for the same material. They count on us for volume and continued trade so they do not undersell their wholesale customers.
How does buying my gem first save me money?
There are three ways to save money buying jewelry. By purchasing your gem first at a discounted price you have made a commitment with us. We will then offer you free basic design service and match you up with one of our gem mounting artisans or companies. We make our margin off the gems and a very small margin off mounting. This is completely opposite of most jewelers who make good money by selling you the gem they bought from a larger gem seller who buys in mass and not necessarily cherry pick the best gems. We make only a small margin off of the wholesale price for mounting your gem we do not double or triple the price of the mounting we make about 20-30% on the wholesale cost so in essence you are paying way below retail on the gem and mounting and getting free basic design assistance. Extended design assistance for custom work is usually a flat fee of 150.00 to 400.00 for gold, platinum and diamond accented mountings. For extensive artisan custom design though you still save it can run as high as your dreams (and pocketbook) can take you.
What if I want to have my jeweler mount my gem or just keep the gem as a collector’s item?
No problem, we want you to be happy the gem will still cost the same and we will happily sell loose gems. And if you do not like that loose gem you have twenty calendar days to return it for a full refund, just call us within 48 hours of receipt to let us know you are returning it. We do not refund any postage and insurance. We will give you a store coupon to offset your postage and insurance costs. Again, we want you to be happy. We do not charge a restocking fee.
What about your estate jewelry?
We buy estate jewelry here in Virginia because a lot of wealthy people are growing old here and their estates are sold by children or their estates and we buy for pennies on the dollar. We pass these savings on to you. We can sell jewelry worth over 10,000.00 often for less than half the price. Ask us about any gems and we will happily send any of our jewelry and gems for GIA certification for a fee you must cover. It does cost more but will raise the value of the gem you buy. If the GIA report does not say the item is what we said it was we will give you a full refund and since we ship to GIA from here you have no postage costs unless the gem passes certification. We will never try to mislead you or sell you inferior or fake gems.