Podcast
Questions and Answers
What does the term 'beneficiation' refer to in the context of gemstones?
What does the term 'beneficiation' refer to in the context of gemstones?
- A commitment to reserve a portion of resources for economic development (correct)
- The high-end market for gemstones
- The process of cutting gemstones
- A type of gemstone quality
What is the primary characteristic of the high-end market?
What is the primary characteristic of the high-end market?
- Fine-quality gemstones used in mass-market jewelry
- Fine-quality gemstones used in unique, handcrafted jewelry pieces (correct)
- Better-quality gemstones used in moderately priced jewelry
- Average-quality gemstones used in custom-made jewelry
What is the term for gemstone sizes cut to fit standard mountings?
What is the term for gemstone sizes cut to fit standard mountings?
- Cut
- Facet grade
- Mine lot
- Calibrated sizes (correct)
What is the term for the theft of a mine's production by its workers?
What is the term for the theft of a mine's production by its workers?
What is the term for a unique piece of jewelry designed and created for a particular customer?
What is the term for a unique piece of jewelry designed and created for a particular customer?
What is the term for a discounted price for buying an entire parcel or a substantial part of it?
What is the term for a discounted price for buying an entire parcel or a substantial part of it?
What is the term for the geographical location where a gem was mined?
What is the term for the geographical location where a gem was mined?
What is the term for a manufacturer who produces faceted stones, cabochons, or carvings?
What is the term for a manufacturer who produces faceted stones, cabochons, or carvings?
What is the term for a rare pinkish orange sapphire?
What is the term for a rare pinkish orange sapphire?
What is the primary purpose of beneficiation in the context of gemstones?
What is the primary purpose of beneficiation in the context of gemstones?
Which market sector is characterized by the use of fine-quality gemstones in unique jewelry pieces?
Which market sector is characterized by the use of fine-quality gemstones in unique jewelry pieces?
What is the term for a gemstone that is transparent enough to produce faceted gems?
What is the term for a gemstone that is transparent enough to produce faceted gems?
What is the term for a city or region with a large number of gemstone manufacturers?
What is the term for a city or region with a large number of gemstone manufacturers?
What is a random sample from a parcel of gemstones used to assess?
What is a random sample from a parcel of gemstones used to assess?
What is the term for an unsorted mixture of gem qualities from a particular mine?
What is the term for an unsorted mixture of gem qualities from a particular mine?
Which market sector is characterized by the use of average-quality gemstones in mass-market jewelry?
Which market sector is characterized by the use of average-quality gemstones in mass-market jewelry?
What is the term for a unique piece of jewelry designed and created for a particular customer, often around specially chosen stones?
What is the term for a unique piece of jewelry designed and created for a particular customer, often around specially chosen stones?
What is the term for better-quality gemstones used in well-finished, moderately priced jewelry pieces?
What is the term for better-quality gemstones used in well-finished, moderately priced jewelry pieces?
What is the primary purpose of a cutter in the gemstone industry?
What is the primary purpose of a cutter in the gemstone industry?
What is the term for a market sector where average-quality gemstones are used in mass-market jewelry?
What is the term for a market sector where average-quality gemstones are used in mass-market jewelry?
What is the term for a gemstone size that is cut to fit standard mountings?
What is the term for a gemstone size that is cut to fit standard mountings?
What is the term for a random sample from a parcel of gemstones?
What is the term for a random sample from a parcel of gemstones?
What is the term for a city, region, or country with a large number of gemstone manufacturers?
What is the term for a city, region, or country with a large number of gemstone manufacturers?
What is the term for a unique piece of jewelry designed and created for a particular customer?
What is the term for a unique piece of jewelry designed and created for a particular customer?
What is the term for a rare pinkish orange sapphire?
What is the term for a rare pinkish orange sapphire?
What is the term for an unsorted mixture of gem qualities from a particular mine?
What is the term for an unsorted mixture of gem qualities from a particular mine?
What is the term for a discounted price for buying an entire parcel or a substantial part of it?
What is the term for a discounted price for buying an entire parcel or a substantial part of it?
What is the premium price for selecting stones from a parcel?
What is the premium price for selecting stones from a parcel?
What is the involvement of business or industry in all aspects of its product's market ?
What is the involvement of business or industry in all aspects of its product's market ?
What is a quantity of stones of similar or mixed qualities and from a single mine or various sources, that is offered for sale together?
What is a quantity of stones of similar or mixed qualities and from a single mine or various sources, that is offered for sale together?
What is term for a specific rough gemstones quality range, usually determined by color, size, clarity, and price?
What is term for a specific rough gemstones quality range, usually determined by color, size, clarity, and price?
A company or individual that supplies gems to jewelry manufacture and retailers is a .........?
A company or individual that supplies gems to jewelry manufacture and retailers is a .........?
A non-standard cut usually applied to large important stones for use in expensive jewelry where standard size is not a consideration is referred to as.....?
A non-standard cut usually applied to large important stones for use in expensive jewelry where standard size is not a consideration is referred to as.....?
Study Notes
Market Sectors
- High-end market: fine-quality, expensive gemstones used in unique, handcrafted jewelry pieces.
- Commercial market: average-quality gemstones used in mass-market jewelry.
- Middle market: better-quality gemstones used in well-finished, moderately priced jewelry pieces.
Gemstone Production
- Beneficiation: reserving a portion of resources for the economic development of a country.
- Mine lot (mine run): a mixture of gem qualities representing unsorted production from a particular mine.
Gemstone Qualities
- Facet grade: gemstone rough that's transparent enough and of high enough quality to produce faceted gems.
- Calibrated sizes: gemstone sizes cut to fit standard mountings.
Industry Terms
- Cut: a gem dealer's term for a random sample from a parcel of gemstones, often used to assess the parcel's overall quality.
- Cutter: a manufacturer who produces faceted stones, cabochons, or carvings.
- Cutting center: a city, region, or country with a large number of gemstone manufacturers.
Miscellaneous
- High grading: theft of a mine's production by its workers.
- Lot price: a discounted price for buying an entire parcel or a substantial part of it.
- Custom-made jewelry: a unique piece designed and created for a particular customer, often around specially chosen stones.
- Padparadscha: a rare pinkish orange sapphire.
- Origin: the geographical location where a gem was mined.
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Description
Test your knowledge of key terms related to colored stones, including beneficiation, high-end market, calibrated sizes, high grading, and commercial market.
