Questions and Answers
What is the main reason why large gems cost more per carat?
What tool is used to sort small, round gems by size?
How do most colored stones get sold?
What is the main purpose of a millimeter gauge?
Signup and view all the answers
What is a consignment?
Signup and view all the answers
What is the international unit of measurement for gem weight?
Signup and view all the answers
What is a memo?
Signup and view all the answers
What is the purpose of a matching tray?
Signup and view all the answers
What is a unit price?
Signup and view all the answers
What is a per-carat price?
Signup and view all the answers
Why are large gems more rare than small ones?
Signup and view all the answers
What is the purpose of a sieve set in the gem business?
Signup and view all the answers
What is the most common shape of calibrated colored stones?
Signup and view all the answers
What is the significance of a gem's recorded carat weight and dimensions?
Signup and view all the answers
What is the purpose of a presentation in the gem business?
Signup and view all the answers
What is the typical tolerance for calibrated gems in a parcel?
Signup and view all the answers
What is the role of a successful dealer in the gem business?
Signup and view all the answers
What is the purpose of a sorting pad in the gem business?
Signup and view all the answers
What is the significance of a point in the gem business?
Signup and view all the answers
What is the purpose of a scoop in the gem business?
Signup and view all the answers
Study Notes
Gem Weight and Pricing
- Large gems are more rare and expensive per carat than smaller ones, even if they have the same quality.
- Colored stones are typically sold by weight.
Gem Sorting and Measurement
- Dealers use sieves to sort large lots of small, round gems into same-size parcels.
- The sizes of calibrated gems in a parcel should be within 0.10 mm of each other.
- A millimeter gauge is an essential tool for measuring gem dimensions.
Gem Identification and Presentation
- A gem's recorded carat weight and dimensions can help identify it later.
- Presentation is crucial to making stones look their best.
Key Terms in the Gem Business
- Consignment: a selection of goods loaned to a dealer by another wholesaler or gem cutter.
- Point: one one-hundredth of a carat (0.01 ct).
- Scoop: a small shovel made of thin metal, used for picking up gems.
- Matching tray: a grooved, neutrally colored, non-reflective tray used to match sets of stones.
- Sieve set: a set of circular plates, each punched with precisely sized holes, used to sort small, round gems by size.
- Memo: a buying agreement where a dealer entrusts merchandise to a client for inspection and approval without requiring immediate payment.
- Sorting pad: a neutrally colored paper pad on which dealers sort and show gems.
- Metric carat: the international unit of measurement for gem weight (1 carat equals 0.20 gram).
- Unit price: the price per piece.
- Per-carat price: the price of a gem divided by its carat weight.
Gem Weight and Pricing
- Large gems are more rare and expensive per carat than smaller ones, even if they have the same quality.
- Colored stones are typically sold by weight.
Gem Sorting and Measurement
- Dealers use sieves to sort large lots of small, round gems into same-size parcels.
- The sizes of calibrated gems in a parcel should be within 0.10 mm of each other.
- A millimeter gauge is an essential tool for measuring gem dimensions.
Gem Identification and Presentation
- A gem's recorded carat weight and dimensions can help identify it later.
- Presentation is crucial to making stones look their best.
Key Terms in the Gem Business
- Consignment: a selection of goods loaned to a dealer by another wholesaler or gem cutter.
- Point: one one-hundredth of a carat (0.01 ct).
- Scoop: a small shovel made of thin metal, used for picking up gems.
- Matching tray: a grooved, neutrally colored, non-reflective tray used to match sets of stones.
- Sieve set: a set of circular plates, each punched with precisely sized holes, used to sort small, round gems by size.
- Memo: a buying agreement where a dealer entrusts merchandise to a client for inspection and approval without requiring immediate payment.
- Sorting pad: a neutrally colored paper pad on which dealers sort and show gems.
- Metric carat: the international unit of measurement for gem weight (1 carat equals 0.20 gram).
- Unit price: the price per piece.
- Per-carat price: the price of a gem divided by its carat weight.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
