Carat Weight and the Gem Business PDF

Carat Weight and the Gem Business KEY CONCEPTS Large gems are more rare than small ones, so they often cost Dealers routinely use sieves to sort large lots of small, round much more per carat, even if t...

Carat Weight and the Gem Business KEY CONCEPTS Large gems are more rare than small ones, so they often cost Dealers routinely use sieves to sort large lots of small, round much more per carat, even if they’re of equivalent quality. gems into same-size parcels. Most colored stones are sold by weight. The biggest-selling calibrated colored stone shapes are rounds and ovals. A gem’s recorded carat weight and dimensions can help identify it later. Presentation is essential to making your stones look their best. A millimeter gauge is one of a stone dealer’s most useful and Successful dealers stock the range and quality of gems their versatile tools. customers need. The sizes of calibrated gems in a parcel should be within 0.10 mm of each other. Key Terms Consignment—A selection of goods loaned to a dealer by Point—One one-hundredth of a carat (0.01 ct.). another wholesaler or a gem cutter. Scoop—A small shovel made of thin metal, used for Matching tray—A grooved, neutrally colored, non- picking up gems. reflective tray used to match sets of stones. Sieve set—Set of circular plates, each punched with Memo—Buying agreement where a dealer entrusts precisely sized holes, used to sort small, round gems merchandise to a client for inspection and approval by size. without requiring immediate payment. Sorting pad—A neutrally colored paper pad on which Metric carat—The international unit of measurement for dealers sort and show gems. 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. 217