Are you into buying precious and semi-precious loose gemstones? These are six tips on turning you love for gemstones into a smart investment.
Loose gemstones are unmounted, uncut stones that can be used for various jewelry-making purposes. They offer versatility, affordability, and customization compared to pre-set jewelry. By choosing loose gemstones, you can select the desired cut, color, size, and shape of the stone, resulting in unique and one-of-a-kind jewelry pieces.
Additionally, buying precious and semi-precious loose gemstones enables you to thoroughly evaluate the quality of the stone and make a cost-effective investment. Overall, loose gemstones provide an excellent opportunity for self-expression and personalization in jewelry making.
Here are some benefits of investing in loose gemstones:
1. Customization
One of the biggest benefits of precious and semi-precious loose gemstones is customization. When purchasing a pre-set piece of jewelry, you are limited to the selection of stones and settings that are available. With loose gemstones, however, you can choose the exact cut, color, and size of the stone to match your design preferences.
The cut of the gemstone is an important factor in customization. A gemstone can be cut in a range of shapes, including round, princess, emerald, and pear, to enhance its natural beauty and maximize its sparkle. Additionally, the size of the gemstone can be adjusted to fit into specific jewelry designs or to create larger statement pieces.
Loose gemstones offer a multitude of benefits over pre-set jewelry, making them a popular choice among both jewelers and customers. Whether you are creating custom jewelry, seeking a cost-effective option, or looking to make a valuable investment, loose gemstones are a versatile and flexible choice.
As per FMI’s report, the gemstone market has high growth potential due to the trend of customization in gems and jewelry. Nearly 85% of gemstone sales are for jewelry and ornaments, with the majority being gemstone-studded rings. This trend is contributing to the growth of the gemstone market.
2. Affordability
The affordability of gemstones varies greatly based on several factors, including the type of gemstone, its rarity, quality, and size. Precious gemstones such as diamonds, rubies, sapphires, and emeralds are more expensive than semi-precious gemstones due to their rarity and high demand.
Semi-precious gemstones, such as amethyst, garnet, and peridot, are more affordable compared to precious gemstones. They offer a wide range of colors and are often used as accents in jewelry or as the main gemstone in more budget-friendly pieces.
By eliminating the cost of mounting and setting, you can purchase the gemstone of your choice at a lower price. This is especially beneficial for those who are on a tight budget but still want to purchase a high-quality gemstone.
Additionally, customers can choose to have their gemstone set into a piece of jewelry at a later time, giving them the flexibility to purchase the setting that they prefer.
3. Quality Assurance
When purchasing loose gemstones, customers also have the opportunity to thoroughly examine and evaluate the quality of the stone. That includes its color, cut, clarity, and carat weight.
Gemstones with high-quality color and clarity are more valuable and more expensive, while those with lower quality are less expensive. This level of quality assurance is not always possible when purchasing pre-set jewelry, as the gemstone may be obscured by the setting.
Size is another factor that affects the affordability of gemstones. Larger gemstones are typically more expensive than smaller ones due to the increased amount of material and labor required to cut and polish them.
4. Smart Investment
Some precious gemstones, such as diamonds and rubies, can also be valuable investments. By purchasing loose gemstones, you can choose the stones that you believe will appreciate the most in value over time.
Investing in loose gemstones can be a wise financial decision for those seeking a long-term investment, as the global gemstone market is projected to grow at a CAGR of 6.53% from 2022 to 2029, reaching over USD 53.2 million in 2029 from USD 30.1 million in 2021.
5. Effects on The Environment
Using loose gemstones in jewelry can also help to reduce the environmental impact associated with mining for new stones. By reusing existing stones, we can conserve resources and protect the environment. This is an important consideration for those who are environmentally conscious and wish to minimize their impact on the planet.
6. Personalization
Finally, loose gemstones offer a personal touch to jewelry, as the stone can be selected based on personal tastes, preferences, or even astrological significance. For example, you may choose a birthstone that corresponds to your birth month or select a gemstone that is believed to bring good luck or prosperity.
This level of personalization is not possible with pre-set jewelry, making loose gemstones a popular choice for those who value individuality and self-expression. A survey found that 43% of women wear loose gemstones, such as rubies, emeralds, or sapphires, daily for individuality and self-expression. Nearly a quarter reported wearing the jewelry at least once a week, while only 7% wear it only on special occasions. Pre-set jewelry cannot offer this level of personalization.
In conclusion, loose gemstones are a versatile and flexible option for those looking to create custom jewelry, make a cost-effective purchase, invest in valuable gemstones, or add a personal touch to their jewelry collection. With so many benefits to consider, it’s no wonder that loose gemstones are a popular choice among jewelers and customers alike.