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Buying and selling gems

In the business of buying and sellingdo  blue  sapphires  look  better/worse?
precious stones there are a number of little
tricks picked up along the way, tricks thatAll agreed that the color appearance of
often make the difference between profit andrubies and blue sapphires changes in the
loss. Collectively, we might call themcourse of a day, and all specified what times
"experience," for that is normally how theythose stones look best/worst. But, to the
are acquired and the price is, usually, high.authors' astonishment, there was no consensus
"Experience" of this sort is not found inas to what those times are. This was all the
gemological texts; it comes only through hardmore interesting in that a few stated that
knocks - i.e., buying stones from someone whothey try to coordinate their buying/ selling
has a bigger box of experience than your ownof these stones with the time of day in which
- or, via a bit of friendly advice passed onthe color appearance was best (= selling) or
by one who has been there before. Mostworst  (=  buying).
dealers have a collection of this
"experience," kept in a box at the back ofSpurred on by curiosity, the authors and two
the safe or in some dusty drawer. It amountsother AIGS staff carried out their own
to the small pile of gems which areexperiments. A selection of rubies and blue
unsalable; the gems you have learned valuablesapphires of mixed "type categories" (see
lessons by buying. In other words, gems youSersen, 1988) was periodically examined for
should  not  have bought in the first place.two weeks. North and east window lighting was
used. Weather conditions during this period
One bit of experience that every stone dealerranged from bright and sunny to dark and
worth his rocks soon acquires is that arainy. The purpose of these experiments was,
stone's appearance is not constant. Instead,of course, to see if the stones would change
it can and often does change with the qualityat  all  in  color  appearance.
of light under which it is viewed. And a
change in color appearance often means aThe gems were viewed four times daily. Hue,
change  in  value.lightness and saturation was recorded on each
occasion, together with respective weather
In the days before electric light sources,conditions. These notations were based
traders could only view their prospectivestrictly on visual observation. No conclusive
purchases under natural light or by the lightresults were had, possibly because no
of a candle. Natural light means directcomparison reference was used; only the
sunlight and skylight (light coming from alltesters' memories were involved, just like
directions of the sky except directly fromwith  most  dealers.
the  sun).
Now more curious than ever, the authors took
Some dealers would examine a stone at variousa formal written survey of 20 colored-stone
times of the day, realizing that the positiontraders in order to compare their answers and
of the sun in the sky, together with weathersee  what  patterns,  if  any,  might emerge.
conditions, affected overall color
appearance; others took it one step further,The questions asked concerned the lighting
viewing the gem in sunlight, skylight and inconditions used for buying and selling,
the shade of a tree in order to get an ideawhether rubies/blue sapphires change color
of how it would look in any lightingappearance at different times of the day (and
situation. Similar practices continue to thisif so, when do they look best/worst) and
day, despite the availability of artificialspecifically what factors are thought
lights  of  various  kinds.responsible for color appearance changes when
such  changes  are  seen.
So, why examine gems under natural light, the
quality of which is subject to a myriad ofAll 20 traders were interviewed in Bangkok.
changing weather conditions, when our ModernThey consisted of 9 Thais, 6 Americans, 3
Age offers us incandescent and fluorescentBurmese, 1 Canadian and 1 Malaysian. The
(including simulated daylight) lighting? Formajority are local wholesalers and sales
that matter, why bother to view a gem underpersonnel for local wholesalers. The others
more than one light source, be it naturalconsist of Thailand-based brokers and
outdoor light at a given time(s) of the dayoverseas-based dealers who buy in Thailand
vs. the stone's appearance in the shade, orand/or Sri Lanka and sell in Europe and/or
in fluorescent simulated daylight vs.America. The trade experience of those
incandescent lighting? The answers to thosequestioned ranged from 2 to 50 years, with
questions lie in whether you are an astutemost having at least 10 years experience.
buyer or seller, and in what part of theEvery attempt was made not to phrase
world  you  happen to be conducting business.questions in a leading way. People were
simply asked questions and encouraged to
"One bit of experience that every stone"talk on" for as long as they wanted, without
dealer worth his rocks soon acquires is thatprejudicing  comments  from  the interviewer.
a stone's appearance is not constant.
Instead, it can and often does change with"All agreed that the color appearance of
the quality of light under which it isrubies and blue sapphires changes in the
viewed. And a change in color appearancecourse of a day, and all specified what times
often  means  a  change  in  value."those stones look best/worst. But, to the
authors' astonishment, there was no consensus
Viewing  gems  under  natural  lightas  to  what  those  times  are."
As in other parts of the world, it is commonSurvey  results
practice in Thailand for dealers and
professional buyers to view colored stones atWhat  lighting do you use when buying stones?
a table situated at a window. Natural light
is the accepted lighting "standard," someMost people (75%) said they buy ruby and
dealers and buyers preferring north skylightsapphire after examining those stones under
only.natural skylight only. Of those, seven people
prefer north or northwest skylight, seven use
In the days before the GIA Diamondlite, suchany direction of skylight, one specified
was also the case internationally with thenorth or south skylight and one south
color  grading  of  diamonds.skylight only. Of the remaining 20%, one buys
only after viewing each stone under north
Writing in 1916, Frank B. Wade notes in hisskylight and direct sunlight; one uses north
classic  volume  on  diamonds:skylight or a "daylight lamp"; two view their
prospective purchases under multiple natural
"In the first place see that you have a goodand artificial lighting conditions; one said
north light, unobstructed by buildings orhe buys using "whatever lighting arrangement
other objects. There must not be any colouredhappens  to  be  available."
surface near by to reflect tinted light, as a
false estimate might easily result."In theLighting  used  when  selling  stones?
second place, do not attempt to judge stones
at all closely except in the middle of theThe majority (55%) of those questioned said
day, say between 10 A.M. and 2 P.M. Verythey use skylight for selling as well as
erroneous results may easily be had bybuying. Several stated categorically that the
neglecting this precaution."Dark or dull dayscolor appearance of rubies and sapphires
should be avoided also. One must have plentychanges with the time of day and they
of good neutral light to make finetherefore prefer to buy in "bad light" and
comparisons."sell in "good light." The rational behind
this is that if the stone appears reasonably
What Mr. Wade has to say about north lightnice under less complimentary lighting, it
and (especially) weather conditions is echoedwill look good under any (natural) lighting.
by many local colored-stone traders today.Selling in "good light" means exactly what it
However, the authors of this article wereimplies: during times when natural lighting
particularly struck by the comment "betweenconditions  make  the  gem  look  best.
10 A.M. and 2 P.M." as it is reminiscent of
remarks heard in Thailand and Burma aboutOne dealer said he buys in Sri Lanka using
rubies and blue sapphires looking "better" oronly northwest skylight, and sells in his
"worse"  at  different  times  of  day.U.S. office under quartz halogen lighting.
Another stated she buys rubies under north
So, wondered the authors, does the quality ofskylight, but prefers selling them under
natural light vary enough to cause noticeable"direct sunlight in the afternoon, because
differences in the appearance of rubies andthe light is yellow." In both instances, the
blue sapphires at different times? Not onlylighting used for selling is perceived as
had Bangkok dealers mentioned this before,complimentary  to the gem's color appearance.
but some had gone so far as to say that they
regulate their buying and selling accordingThe rest largely buy in skylight and sell in
to  the  time  of day and weather conditions.whatever lighting is available or under
lighting conditions expressly requested by a
It was decided to telephone a few localcustomer, such as skylight from a particular
colored-stone dealers, all of whom have beenwindow direction. Obviously, dealers who do
in the trade for years, and ask them theall their buying and selling from one office
following  questions:location have more control over lighting
conditions than does a broker who must sell -
Do rubies and/or blue sapphires changeand accept consignments - under whatever
appearance at different times of the day?Iflighting is available, natural or artificial.
yes, when do rubies look better/worse? When



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