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Buying and selling gems

In the business of buying and sellingAll agreed that the color appearance of
precious stones there are a number ofrubies and blue sapphires changes in the
little tricks picked up along the way,course of a day, and all specified what
tricks that often make the differencetimes those stones look best/worst. But,
between profit and loss. Collectively,to the authors' astonishment, there was
we might call them "experience," forno consensus as to what those times are.
that is normally how they are acquiredThis was all the more interesting in
and the price is, usually, high.that a few stated that they try to
"Experience" of this sort is not foundcoordinate their buying/ selling of
in gemological texts; it comes onlythese stones with the time of day in
through hard knocks - i.e., buyingwhich the color appearance was best (=
stones from someone who has a bigger boxselling) or worst (= buying).
of experience than your own - or, via aSpurred on by curiosity, the authors and
bit of friendly advice passed on by onetwo other AIGS staff carried out their
who has been there before. Most dealersown experiments. A selection of rubies
have a collection of this "experience,"and blue sapphires of mixed "type
kept in a box at the back of the safe orcategories" (see Sersen, 1988) was
in some dusty drawer. It amounts to theperiodically examined for two weeks.
small pile of gems which are unsalable;North and east window lighting was used.
the gems you have learned valuableWeather conditions during this period
lessons by buying. In other words, gemsranged from bright and sunny to dark and
you should not have bought in the firstrainy. The purpose of these experiments
place.was, of course, to see if the stones
One bit of experience that every stonewould change at all in color appearance.
dealer worth his rocks soon acquires is
that a stone's appearance is notThe gems were viewed four times daily.
constant. Instead, it can and often doesHue, lightness and saturation was
change with the quality of light underrecorded on each occasion, together with
which it is viewed. And a change inrespective weather conditions. These
color appearance often means a change innotations were based strictly on visual
value.observation. No conclusive results were
In the days before electric lighthad, possibly because no comparison
sources, traders could only view theirreference was used; only the testers'
prospective purchases under naturalmemories were involved, just like with
light or by the light of a candle.most dealers.
Natural light means direct sunlight andNow more curious than ever, the authors
skylight (light coming from alltook a formal written survey of 20
directions of the sky except directlycolored-stone traders in order to
from the sun).compare their answers and see what
Some dealers would examine a stone atpatterns, if any, might emerge.
various times of the day, realizing thatThe questions asked concerned the
the position of the sun in the sky,lighting conditions used for buying and
together with weather conditions,selling, whether rubies/blue sapphires
affected overall color appearance;change color appearance at different
others took it one step further, viewingtimes of the day (and if so, when do
the gem in sunlight, skylight and in thethey look best/worst) and specifically
shade of a tree in order to get an ideawhat factors are thought responsible for
of how it would look in any lightingcolor appearance changes when such
situation. Similar practices continue tochanges are seen.
this day, despite the availability ofAll 20 traders were interviewed in
artificial lights of various kinds.Bangkok. They consisted of 9 Thais, 6
So, why examine gems under naturalAmericans, 3 Burmese, 1 Canadian and 1
light, the quality of which is subjectMalaysian. The majority are local
to a myriad of changing weatherwholesalers and sales personnel for
conditions, when our Modern Age offerslocal wholesalers. The others consist of
us incandescent and fluorescentThailand-based brokers and
(including simulated daylight) lighting?overseas-based dealers who buy in
For that matter, why bother to view aThailand and/or Sri Lanka and sell in
gem under more than one light source, beEurope and/or America. The trade
it natural outdoor light at a givenexperience of those questioned ranged
time(s) of the day vs. the stone'sfrom 2 to 50 years, with most having at
appearance in the shade, or inleast 10 years experience. Every attempt
fluorescent simulated daylight vs.was made not to phrase questions in a
incandescent lighting? The answers toleading way. People were simply asked
those questions lie in whether you arequestions and encouraged to "talk on"
an astute buyer or seller, and in whatfor as long as they wanted, without
part of the world you happen to beprejudicing comments from the
conducting business.interviewer.
"One bit of experience that every stone"All agreed that the color appearance of
dealer worth his rocks soon acquires isrubies and blue sapphires changes in the
that a stone's appearance is notcourse of a day, and all specified what
constant. Instead, it can and often doestimes those stones look best/worst. But,
change with the quality of light underto the authors' astonishment, there was
which it is viewed. And a change inno consensus as to what those times
color appearance often means a change inare."
value."Survey results
Viewing gems under natural lightWhat lighting do you use when buying
As in other parts of the world, it isstones?
common practice in Thailand for dealersMost people (75%) said they buy ruby and
and professional buyers to view coloredsapphire after examining those stones
stones at a table situated at a window.under natural skylight only. Of those,
Natural light is the accepted lightingseven people prefer north or northwest
"standard," some dealers and buyersskylight, seven use any direction of
preferring north skylight only.skylight, one specified north or south
In the days before the GIA Diamondlite,skylight and one south skylight only. Of
such was also the case internationallythe remaining 20%, one buys only after
with the color grading of diamonds.viewing each stone under north skylight
Writing in 1916, Frank B. Wade notes inand direct sunlight; one uses north
his classic volume on diamonds:skylight or a "daylight lamp"; two view
"In the first place see that you have atheir prospective purchases under
good north light, unobstructed bymultiple natural and artificial lighting
buildings or other objects. There mustconditions; one said he buys using
not be any coloured surface near by to"whatever lighting arrangement happens
reflect tinted light, as a falseto be available."
estimate might easily result."In theLighting used when selling stones?
second place, do not attempt to judgeThe majority (55%) of those questioned
stones at all closely except in thesaid they use skylight for selling as
middle of the day, say between 10 A.M.well as buying. Several stated
and 2 P.M. Very erroneous results maycategorically that the color appearance
easily be had by neglecting thisof rubies and sapphires changes with the
precaution."Dark or dull days should betime of day and they therefore prefer to
avoided also. One must have plenty ofbuy in "bad light" and sell in "good
good neutral light to make finelight." The rational behind this is that
comparisons."if the stone appears reasonably nice
What Mr. Wade has to say about northunder less complimentary lighting, it
light and (especially) weatherwill look good under any (natural)
conditions is echoed by many locallighting. Selling in "good light" means
colored-stone traders today. However,exactly what it implies: during times
the authors of this article werewhen natural lighting conditions make
particularly struck by the commentthe gem look best.
"between 10 A.M. and 2 P.M." as it isOne dealer said he buys in Sri Lanka
reminiscent of remarks heard in Thailandusing only northwest skylight, and sells
and Burma about rubies and bluein his U.S. office under quartz halogen
sapphires looking "better" or "worse" atlighting. Another stated she buys rubies
different times of day.under north skylight, but prefers
So, wondered the authors, does theselling them under "direct sunlight in
quality of natural light vary enough tothe afternoon, because the light is
cause noticeable differences in theyellow." In both instances, the lighting
appearance of rubies and blue sapphiresused for selling is perceived as
at different times? Not only had Bangkokcomplimentary to the gem's color
dealers mentioned this before, but someappearance.
had gone so far as to say that theyThe rest largely buy in skylight and
regulate their buying and sellingsell in whatever lighting is available
according to the time of day and weatheror under lighting conditions expressly
conditions.requested by a customer, such as
It was decided to telephone a few localskylight from a particular window
colored-stone dealers, all of whom havedirection. Obviously, dealers who do all
been in the trade for years, and asktheir buying and selling from one office
them the following questions:location have more control over lighting
Do rubies and/or blue sapphires changeconditions than does a broker who must
appearance at different times of thesell - and accept consignments - under
day?If yes, when do rubies look betterwhatever lighting is available, natural
worse? When do blue sapphires lookor artificial.
better/worse?



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