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1041  Economy / Auctions / Re: 24 hour auction **Peridot from Burma 3.23 cts square** classic step cut on: April 25, 2012, 07:36:16 PM
14BTC includes registered mail with tracking
1042  Economy / Auctions / Re: 24 hour auction ***1.00 carat Siberian chrome diopside*** brilliant cushion on: April 25, 2012, 07:35:26 PM
7.25BTC
1043  Economy / Auctions / Re: *72 hours* Lemon quartz emerald shape 8.94 cts from Brazil on: April 25, 2012, 07:34:54 PM
7.5BTC- no auction, just cash and carry!  You get registered air mail with tracking.
1044  Economy / Auctions / Re: 7 days ***Extremely rare and valuable*** fine ruby on: April 25, 2012, 07:14:38 PM
Thank you Tonto!  My wife and I enjoyed finding your stones!
1045  Economy / Auctions / Re: 7 days ***Extremely rare and valuable*** fine ruby on: April 25, 2012, 07:13:19 PM
Just to illustrate my point a bit, this is another ruby that I own that is African origin and weighs 1.24 carats.







I would be happy to get $975 for this ruby.  Does that mean that it is not beautiful?  Of course not.  It is a gorgeous saturated red.  But it's unheated!  It should cost a fortune!  But not always.  It is supply and demand.  There are many times more unheated African rubies in the current market than unheated Burmese.  Because it is more widely available the price is lower.  But is it rare?  Well, certainly- it is very rare.  Most ruby these days is either synthetic or glass-filled.  Both are (or should be) very inexpensive.  They are abundant and can be made in very large quantities.  African unheated ruby is still cut one stone at a time by an artisan.  It is not a mass-produced item.  Surely 99.999% of all ruby needs to be treated.  If you have one that is not treated at all, you have a rarity.  
1046  Economy / Auctions / Re: 7 days ***Extremely rare and valuable*** fine ruby on: April 25, 2012, 07:00:42 PM
Gamer you are right; I could never get tired of learning about gemstones.  It is such a vast topic, and it is full of beauty, intrigue, international trade and different cultures, physics, geology and geography- the list goes on and on.

BigPiggy you are on to something.  There is a big, big difference in how I describe the treatment of this stone and how they describe theirs- but it is not what you think.  Mine is heated and flux-healed, which is true of virtually all ruby from Mong Hsu mining area.  When I say virtually all, I mean 99.999%.  I see that they claim that theirs are only heated.  That is a little bit worrisome.  Now it may be possible- don't get me wrong.  But I think the likelihood that they are only heated is very remote.  I think if you were to buy one of their stones and put it under the microscope, you would see inclusions like this:



Those sticky, drippy inclusions are a sure sign that it is flux-healed.  I wonder if you emailed them and asked- "What treatment does X ruby have?" if they would say it is heated and flux-healed.  The majority of gemstone dealers do not disclose this treatment.  They think that the public "wouldn't understand."  But the fact is, people do understand if you take the time to explain that the treatment has withstood the test of time, is stable, and accounts for the majority of all Burmese ruby.  Curiously enough, right now a major department store chain is being sued for selling ruby without disclosing treatment.  They sold a very, VERY different treatment- lead-glass filling- as natural "heated" ruby.  That is not only a moral lapse, but a very big issue since lead-glass filled ruby can not see a torch or an ultrasonic cleaner.  When these people took their ring in to have a prong re-tipped and it was hit with a jeweler's torch, the glass filling melted and ran out.  When someone took in a ring to have it cleaned, the lead glass nearly disintegrated, leaving deep valleys in the stone.

I would be very skeptical of anyone who is selling Burmese ruby these days and not disclosing the flux-healing.  Price is often a clue, but it is no more than a clue.  If this particular pear-shaped 1.64 carat ruby was unheated, it would bring over $100,000.  This is if all else is equal- color, brilliance, shape- but an unheated Burmese stone.  Now if it was glass-filled, it would bring about $100-$200 at retail.  And with flux-healing, as priced- $10,600.  I hope that puts treatments into perspective a bit.  Also if you are eager to learn more about flux-healing, please take a look at this superb article by Richard Hughes.  Dick was talking about flux-healing when nobody in the trade wanted to talk about it!  But he was a pioneer in getting the word out that this is a solid treatment that should not be feared:

http://www.ruby-sapphire.com/flux_healing_mong_hsu_ruby.htm


By the way, if you are a purist and must have an unheated stone- look seriously at African unheated ruby.  There are some truly beautiful gemstones coming out of Tanzania and Mozambique that are just gorgeous and are far more affordable than Burmese unheated stones.  Or Burmese flux-healed stones for that matter!
1047  Economy / Auctions / Re: *72 hours* Lemon quartz emerald shape 8.94 cts from Brazil on: April 25, 2012, 06:06:10 AM
Just a few hours left on this one!
1048  Economy / Auctions / Re: 7 days ***Extremely rare and valuable*** fine ruby on: April 25, 2012, 04:32:58 AM
Gamer you have to remember that color is King.  That means that nothing is more important than color in determining value of a colored gemstone.  Who is telling you that Israel Diamond's ruby is pigeon's blood red?  They are.  The seller.  If I was a buyer, that would frighten me.

In the case of the stone that I am offering for sale, Dr. Adolf Peretti is telling you it is pigeon's blood red.  Please google him.  I can assure you that when a stone sells at Christie's or Sotheby's, his name (and signature) are very highly valued.  With colored gemstones the number of stones that you have evaluated is very important.  Most gemstone laboratories can go a decade and never see a pigeon's blood ruby.  Most gemologists go a lifetime and never see a pigeon's blood ruby.  But Israel Diamonds has two of them?  That is curious.  I wonder how they determined that theirs is pigeon's blood.  

Just because a stone is the best you have ever seen does not make it pigeon's blood, nor (in the case of sapphire) royal blue.  These are the very best of the very best.  If you read over the thread you will see references to the Burmese saying that "Asking to see the blood of the pigeon is like asking to see the face of God."  I have been a fixture at wholesale gemstone markets in Thailand for eight years and I have seen it once- and this listing is the result.

Another very important part of evaluating colored gemstones is brilliance.  You can have a pigeon's blood red ruby that is not very brilliant- it doesn't have much "sparkle" or light return.  It "eats light" instead of reflecting it back to the eye.  Not only is my ruby pigeon's blood, but the brilliance is also superb- it is phenomenally beautiful.  If you look at the two rubies mentioned in your post, you will not see any evidence of brilliance whatsoever.  Now it may be that they don't know how to photograph ruby, but I don't think that is the case since they show a .30 carat ruby in "fine red" (emerald shape) and it shows brilliance in all four corners.  Now maybe the photographer was having a bad day when he shot the "pigeon's blood" colored ruby, but then again if it was truly a top color wouldn't he take more time?  Shouldn't he be excited enough about photographing an extraordinary rarity to show it at its best?

Another word on brilliance.  Often with very fine stones the rough is so exorbitantly expensive that the cutter is forced to save as much weight as possible.  Think about this.  One carat is a fifth of a gram.  For the sake of simplicity let's say my ruby weighs 1 carat.  At $10,600 per carat, that would be about $50,000 per gram.  So the more the cutter grinds away from the original crystal, the more dust on his floor that is "worth" $50,000 per gram.  A gram of pure gold is worth what- at $1650 per ounce about $53 per gram.  So the dust that he produces is worth 1,000 times the price of gold.  The owner is standing there sweating and swearing and the cutter wants to save every bit of precious weight that he can.  As a result, you get a stone with no brilliance.  Ruby bends light in a certain way, and there is a science to getting the proper angle for maximum brilliance.  The crystal does not come out of the ground looking like a pear-shaped stone!  They are forced to cut some parts away and leave some of that ridiculously expensive dust on the floor.

If you want to know more about the mechanics of brilliance, look at the section of this page called "Implications of Optical Properties for Gemstones".  It is near the bottom of this page:


http://academic.emporia.edu/abersusa/go340/optical.htm



If you have any more questions or if you want clarification on any points don't hesitate to ask me.  Gemology is not only my profession but it is my hobby, my passion, and my life.  I do the same things whether I am "working" or "on vacation"- I hunt gemstones!  The difference is when I am on vacation I hunt for my personal collection.  Smiley
1049  Economy / Trading Discussion / Re: Jered Kenna and 'scammer' tag? on: April 23, 2012, 09:42:00 PM
My father taught me a valuable lesson when I was in my early teens. My mother screwed up all his finances and spent his money before she filed for divorce. Long story short, his business folded and he sold off everything he had to pay his debts (vehicles, house, deer camp, bobbles, tools, trailers, materials, guns, reloading equipment, some of it sentimental in value, and pretty much everything butn the clothes off his back), to make sure everyone he owed money to got paid. He then rented a 1 room apartment, working 3 jobs for 8 years to recoup. He didnt take the road of bankruptcy. He did the responsible thing. The right thing. He then rebuilt his busienss and its thriving to this day, and to this day he has virtually the same creditors who work with him knowing this man is absolutely no risk.

Was it his creditors fault that Mom was a whore, spent everything, then divorced him? Not at all but he saw it as his personal responsibility, and everyone got every penny on the dollar of what he owed them.

Thats what a good and decent human being does when the end comes and thats the criteria by which I judge cases such as this.

Now if Jered pays everyone every penny of the fund they trusted him with...fine. Good man.

If not, and until then ... scammer ... either intentional or not makes little difference when your actions or inaction causes food to be pulled from the mouths of your customers and their families.



Integrity and honor: that is what your father has that Jered lacks.  Baffling that so many on this forum don't see that.
1050  Bitcoin / Bitcoin Discussion / Re: Ben Milne (Dwolla) and Jered Kenna (Tradehill) will be at "Future of Money" Conf on: April 23, 2012, 09:31:20 PM
Jered should take the money he was going to spend attending the conference and pay back the people he owes. 
1051  Economy / Auctions / Re: 24 hour auction ***1.00 carat Siberian chrome diopside*** brilliant cushion on: April 22, 2012, 10:39:36 AM
7.5BTC
1052  Economy / Auctions / Re: 24 hour auction **Peridot from Burma 3.23 cts square** classic step cut on: April 22, 2012, 10:38:57 AM
14.75BTC.  This stone is over 3 carats!!!
1053  Economy / Auctions / Re: 7 days ***Extremely rare and valuable*** fine ruby on: April 22, 2012, 10:29:45 AM
$10,600 for this amazing Burmese ruby.  As Burma develops good relations with Europe and the United States certainly economic sanctions will be suspended to reward them for their behavior.  This is very likely to stir interest in the ruby that is known worldwide as the pinnacle of color.  There is always more demand for quality Burmese ruby than there is supply, and this not only means prices get substantial support but also ensures long-term value.
1054  Economy / Auctions / Re: 12 HOURS ONLY *inordinately rare transparent labradorite feldspar; very large* on: April 22, 2012, 10:22:40 AM
I will take 140BTC for this extremely rare gemstone, and I will provide FedEx shipping and $5,000 insurance on the parcel.  Insured value and the value that is declared for customs are two separate amounts!  I have never had a client pay a substantial amount of money to import a gemstone.
1055  Economy / Auctions / Re: 24 hour auction **UNTREATED African Welo opal from Ethiopia 2.48cts** SPICY on: April 22, 2012, 10:20:09 AM
11.5BTC includes registered air mail with tracking.
1056  Economy / Auctions / Re: *3 day auction* Druzy quartz slab from Namibia- large and 3D on: April 22, 2012, 10:18:23 AM
Sold to BigPiggy for 2BTC!
1057  Economy / Auctions / Re: **24 hours** fire agate from Aguascalientes, Mexico 2.32cts on: April 22, 2012, 10:16:50 AM
I will take 5BTC for this stone and that includes registered air mail with tracking.
1058  Economy / Auctions / Re: **24 hours** very finest quality Ceylon moonstone trillian 2.31cts NO TREATMENT on: April 22, 2012, 10:16:00 AM
7BTC anyone?  I pay the shipping, and you get registered air mail with tracking!
1059  Economy / Auctions / Re: *72 hours* Lemon quartz emerald shape 8.94 cts from Brazil on: April 22, 2012, 09:53:58 AM
Ends Wednesday, April 25th at 09:52:37 AM

CLARITY is VVS on this gemstone- very very slightly included
1060  Economy / Auctions / *72 hours* Lemon quartz emerald shape 8.94 cts from Brazil on: April 22, 2012, 09:52:37 AM
This is a very brilliant lemon quartz gemstone from Brazil that is a hefty size at 8.94cts.  Lemon quartz is treated.   It comes from the ground as a colorless stone and irradiation changes the color to this lemon color.  Not all quartz changes as dramatically, so the more intense the color the more valuable it is.  Because my wife and I pick all gemstones that we sell here by hand, we get the good ones!



This stone measures 13.98 x 10.07 x 8.51mm deep.  It is a great size for jewelry or if you want something to hold in your hand and adore the sparkle- as many collectors do- it is also good for that!  It has great color and the cut is excellent for superb brilliance, or light return.  Most stones in the wholesale gem markets are not very well-cut.  We select the best ones and offer them to the bitcoin community.



As a GIA Graduate Gemologist, I understand my obligations to properly disclose treatments and to describe gemstones accurately.  I want to be your colored gemstone supplier for life.  If you ever have any questions about gemstone treatments, availability in the current marketplace, or pricing- please send me a message here on the forum or at dave@tiptopgem.com.  I am more than happy to help.  This is not just my profession, it is also my hobby!!!



The minimum opening bid for this 8.94 carat natural lemon quartz is 5BTC and the minimum bid increment is 1BTC.
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