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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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.

 

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

David Yurman Feature Gold Sheen Sapphire in 2017 Lunar New Year Collection

Top ranked jewelry designer David Yurman today released their 2017 Lunar New Year Collection featuring Gold Sheen Sapphire.

“The Men’s DY Fortune collection includes designs crafted with octagonal cut stones – a reference to the lucky number 8. Evoke good karma with these extraordinary pieces.”

– David Yurman announcement newsletter

 

As for the octagonal cut, the raised facets presented quite a challenge for the cutting factory. Making that design in garnet is one thing, but quite a lot harder when cutting sapphire. Nevertheless, the skilled artisans rose to the challenge and filled the order ahead of time while achieving a remarkable consistency of 0.1mm tolerance.

I am very proud to have been able to meet the high quality demanded by David Yurman – which required a concerted team effort over three months. It simply would not have been possible without the dedication of Tanzim Khan and his exceptional team.

Amulet with Golden Sheen Sapphire
DY Fortune Faceted Amulet with Golden Sheen Sapphire in 18K Gold

 

The designs on the DY website are:

DY Fortune Faceted Amulet with Golden Sheen Sapphire in 18K Gold

DY Fortune Woven Station Bracelet with Golden Sheen Sapphire and 18K Gold, 11mm

 

If you would like more information on amazing Gold Sheen Sapphire, please see the information pages on my website – https://sjwgems.com/gold-sheen-sapphire/

If you are a jewelry designer and would like to make a trade enquiry, please contact me directly – steve@sjwgems.com

For other beautiful Gold Sheen Sapphire jewelry and rare and unique collectors pieces, look here – https://sjwgems.com/product-category/gemstones/gold-sheen-sapphire/

 

 

Wikipedia Article for Gold Sheen Sapphire

I have just completed the draft of a wikipedia article for gold sheen sapphire.  You can see the draft here – https://en.wikipedia.org/wiki/Draft:Golden_sheen_sapphire.

It’s been a long time since I tried to edit anything in Wikipedia, and it still remains a fairly esoteric publishing system.  But I have to say that the visual editor and upload wizards do make things quote a bit easier.

Here is one of the photos from the article:

Blue and gold gold sheen sapphire
Blue and gold gold sheen sapphire

Now just to wait while the Higher Powers of Wiki review the draft.  Hopefully it will not need too many revisions to get accepted in the article space.  I might just go sacrifice a chicken to appease the Wiki gods, just in case.