Gems At Large® writes: Price Point vs. Quality Point

Golden ring isolated on the white background gem pictures 097 (3)We’ve all heard from time to time the term Price Point. Mostly this is a trade term used in business to business talk. People in many businesses try to “hit a price point.” It is a fact that it is possible to crank the cash register more frequently with more affordable items. Unfortunately in many cases this means cheapening a product until it really is not as good as we all might want. How many products have we all bought that seem like a great deal due to an attractive price only to regret the lack of quality—clothing that lasts only a wearing or two, a water faucet that lasts only a year or two, and on and on. I’ll bet that we could generate thousands of examples amongst ourselves. Our goal with Gems At Large® has always been to put quality ahead of price. Look at the difference between the two rings in the photos. The light weight flimsy looking ring is a stock photo of what we would call a “price-point” ring. The shank is so flimsy it is what we refer to as a dental floss shank—so light weight and flimsy that a good firm hand shake would seemingly bend it into a different shape. The nice looking other ring is a Gems At Large® ring. In the Gems At Large® ring quality was the first consideration. Of course in the Gems At Large® ring cost more—it didn’t hit a price point. It achieved what we, here at Gems At Large® have come to call a Quality Point™.
There are plenty of places to buy price point merchandise. Our goal is to give you the opportunity to find and enjoy Quality Point™ gems and jewelry. Our goal is to make quality available–as affordably as we can–with our years traveling the world seeking and finding world quality gems and jewelry.
Another word important here is “value.” Value is actually irrespective of price. An item of good value is one that is priced fairly for what it is. An item may have a low price and still be a poor value if it is not even worth the low price. On the other hand an item may be quite expensive and still be a good value—if it is worth the price paid.

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John and Laura Ramsey write: Records Keep Falling—now it is sapphire!!

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We have been singing the praises of cushion cut gems for many years. Now is appears that the world agrees as a record price for a Sri-Lankan sapphire was set on November 11 just past.

The sale was at auction held at Christie’s Geneva jewelry auction and the stone is known as the Blue Belle of Asia. The gem in question is reported to weigh in at 392.52 carats. The sale price was in excess of $17.7 million USD.

The sapphire in the photo is a cushion cut stone and looks remarkably similar in many ways to the Blue Belle. Of note about the Blue Belle is that its origin is Sri Lanka. So far in our experience truly large sapphires that are beautiful tend to come from Sri Lanka. Why? Many other sources of sapphire can tend to make great looking stones in more normal sizes but would be much too dark in giant sizes like the Blue Belle. Many large famous sapphires in museums and crown jewel collections that are notable for their size are from Sri Lanka. One such gem is the Star of India (mined in Sri Lanka) which is part of the collection of the American Museum of Natural History in New York City.

During our trips to Sri Lanka many of the dealers would rhapsodize about fabulous outrageously large sapphires being sold from time to time and being slipped away and never seen again. I for one believe it. Not that these occurrences are common but certainly they have happened. Just imagine!!!

To see a photo of the Blue Belle here is a link:  http://www.christies.com/lotfinder/jewelry/a-spectacular-sapphire-and-diamond-necklace-5844924-details.aspx

By the way— the Blue Belle is about the size of a normal door-knob!!!

All our best—J&L

John and Laura Ramsey write: Jewelry in Museums—Down-Under no Exception

Cate Blanchett Diamond Brooch closeThe Powerhouse Museum in Sydney, Australia is hosting a showing of notable jewelry worn by their famous actors in films.

Satine necklace Nicole KidmanAmongst other items on display is the most expensive piece of jewelry ever made specifically for a movie: the “Satine” necklace worn by Nicole Kidman in Moulin Rouge.

Cate Blanchett Diamond BroochOther pieces include a stunning diamond brooch worn by Cate Blanchett to the Oscars, and a star-studded ring worn by world-renowned fashion designer Catherine Martin.

Having gems and jewelry on display at museums is a worldwide phenomenon. Of course if you’re visiting down under be on the lookout for displays of opal–the gem that made Australia famous. The last statement my opinion solely. But what else would a gem aficionado say?

Satine necklace close Andrew Murray Daily Mail Australia

Close-up photos of jewelry: Andrew Murray, Daily Mail Australia

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