Gold Sheen Sapphire Price Update April 2018

This update for Gold Sheen Sapphire pricing uses sales price point data from Tucson, Hong Kong and Bangkok exhibitions, as well as shop front sales from January to April 2018.

Gold Sheen Sapphire Price History 1st Half 2018

Prices have increased for all grades, most notably for grade 1 and 2. Increased pricing was a result of strong interest from Japanese buyers, which flowed over to grade 2 pricing as well. Grade three pricing was a more general result of broad buyer interest.  Most notably highest quality pieces reached $1,000 per carat – a significant milestone for Gold Sheen Sapphire.

If you would like information about how to invest in Gold Sheen Sapphire you can visit our wholesale page: https://sjwgems.com/wholesale/ or email gss@sjwgems.com.

 

FIG Recognises Gold Sheen Sapphire

The Federated International GemLab SA in association with the International Colored Gemstone Association now recognises Gold Sheen Sapphire as a unique variety of corundum.

Six certificates were issued by the FIG Bangkok office on 20th November.

Gold Sheen Sapphire Certificate
Gold Sheen Sapphire FIG Certificate No. 2114612414
Gold Sheen Sapphire FIG Certificate No. 8918910210
Gold Sheen Sapphire FIG Certificate No. 8918910210
Gold Sheen Sapphire FIG Certificate No. 1281405425
Gold Sheen Sapphire FIG Certificate No. 1281405425
Gold Sheen Sapphire FIG Certificate No. 2071339944
Gold Sheen Sapphire FIG Certificate No. 2071339944
Gold Sheen Sapphire FIG Certificate No. 1022212017
Gold Sheen Sapphire FIG Certificate No. 1022212017

 

Gold Sheen Sapphire Price Update 2nd Half 2017

This is the price update for Gold Sheen Sapphire for the 2nd half of 2017. It covers the reported sale prices from the September Hong Kong and Bangkok Gem and Jewelry Trade Fairs.

I have made the following changes to the chart layout:

  • Removed ‘Sell’ and ‘Buy’ prices 
  • ‘Street’ is now ‘Trade Price’
  • Reporting periods are now half yearly, not quarterly. 
  • Added ‘5 Point Moving Average’ price

Since price data comes principally from major trade fairs, ‘Trade Price’ of pieces sold is a more reliable indicator of current price. There are enough data points now to give a meaningful moving average, this should provide a good trend indicator for the future price.

Gold Sheen Sapphire price 2nd half 17
Gold Sheen Sapphire price 2nd half 2017

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Natural Ruby Cabochon Factory 2nds

Natural ruby with no heat for $15 per carat.

Over 300 pieces of natural ruby cabochons. No heat or any treatment. These are factory 2nds and all have eye visible surface defects and inclusions.

Weights are from 0.3ct to 29ct.

I will sell these for $15 per ct, or make an offer for the whole parcel.

Ruby Cabochons Factory 2nds
Ruby Cabochons Factory 2nds

Photo taken at midday with natural light.

New Diamond Cut Gold Sheen Sapphire

New Gold Sheen Sapphire ‘diamond cut’ direct from the factory from carefully selected highest grade rough.

Diamond Cut Gold Sheen Sapphire
Diamond Cut Gold Sheen Sapphire

After careful selection of the rough, about 10% of material is suitable for this high grade faceting. Once faceted, only one or two pieces in 10 make this selection. Most pieces show colour change from metallic copper/gold in incandescent light to blue/green in natural light.

Translucent Gold Sheen Sapphire diamond cut
Translucent Gold Sheen Sapphire diamond cut

While most pieces come opaque, typical of Gold Sheen Sapphire, about 20% come as translucent with yellow, green/yellow and gold hues.

All are available in all calibrated sizes from 3mm to 10mm, or can be cut to order.

Movement in Gold Sheen Sapphire Price

The first and second quarter of 2017 have seen some interesting movement on the price of gold sheen sapphire.

Gold Sheen Sapphire Carat Price Q2 2017 Update
Gold Sheen Sapphire Carat Price Q2 2017 Update

The price for top grade stones has increased slightly in Q1 and remains stable though Q2. Meanwhile prices for all other grades took a dip in Q1 and remain constant in Q2, with the exception of the street price of grade 2 stones which improved in Q2.

It seems clear that the market is becoming more discerning, reflected in the willingness to pay for best quality material. The trend has been for increasing sales from repeat buyers, which have exceeded reported sales from first time buyers for the first time in Q1, and continuing into Q2. This is further reflected in the price drop of lowest grade material, where buyers have been able to negotiate pricing based on large volume orders.

Special promotions for new cutting and polishing techniques as well as the introduction of new cut types and increased presence at trade shows have all contributed to fluctuations in mid to high grade pricing.

Price Chart Key:

  • Grade 1 – No surface defects, no structural defects, or ‘very rare’
    Grade 2 – Eye clean surface, no structural defects, or ‘rare’
    Grade 3 – Minor surface defects, minor structural defects. or ‘common’
  • Anything less than Grade 3 is not available for sale and either discarded or re-cut.
  • “Buy” is the wholesale price for Grade 3 stones in large quantities over 10,000 carats
  • “Sell” is the price offered for sale from retail or trade fare for single stones or small sales.
  • “Street” is the negotiated price for small quantities of stones of various grades.

 

Medium Dark, Strong to Vivid Ruby

Ruby mined Madagascar and cut in Bangkok is showing excellent color.

These are some of the latest cabs from the Madagascar rough ruby bought last year.

Ruby Cabs Medium Dark to Dark Tone with Moderately Strong to Strong Saturation
Ruby Cabs, Medium Dark to Dark Tone with Moderately Strong to Strong Saturation
Ruby Cab variations light to dark tone
Ruby Cab variations, light to dark tone

These are straight from the mined rough, with no heat or other treatment.

How do you like your coffee?  Dark and strong, like my rubies.

We can cut to any shape/size and calibrate to 0.1mm tolerance.

Gold Sheen Sapphire and Ruby in Mens Jewelry

Gold sheen sapphire and dark, vivid ruby is ideal for men’s jewelry.

Typical design styles for men’s jewelry use flat mountings with large(er) size gemstones.  This requires a faceted gem with a larger table size, or flatter cabochon that presents well, which favors opaque over transparent stones.

For example, this gold sheen sapphire ring has a 45ct stone with a 22mm x 16mm table. The faceting picks up brass, copper and gold tones as light plays across the surface.

45ct Gold Sheen Sapphire Men's Ring
45ct Gold Sheen Sapphire Men’s Ring

The rubies in these rings are cabbed from the same piece of rough ruby. In larger sizes, the dark tone with strong saturation is great for men’s rings, yet still beautifully feminine in smaller sizes.

20ct and 10ct Mens and Womens Ruby Cabochon Rings
20ct and 10ct Men’s and Women’s Ruby Cabochon Rings