Gemstone-Australia

Australian Gemstone Industry & Buying Guide

The strong Australian economy and the high standard of living have made this country one of the finest gemstone markets in the world. Another major factor for the growing popularity of some of the stunning gems, especially cubic zirconia, lab-made diamonds, sapphire and opal is the profound liking of the Australians for top-quality gemstones.

The Classification of Australian Precious & Semi-Precious Gemstones

The terms precious and semiprecious were created by jewelers back when some gemstones were hard to find and considered rare. The most common of these hard-to-find gems were diamonds, emeralds, rubies, and sapphires, making these some of the most sought-after – and also the most highly priced – stones, thus the classification as precious. All other gemstones such as cubic zirconia, lab-created diamonds, synthetic gemstones are classified as semiprecious by default as they were priced lower due to their wide availability.

Gemstone-Australia

Gemstone Buying Tips in Australia

  • As a buyer, when you go to buy gemstone in Australia, it is important to decide what kind of gem you want to buy. Is the Gemstone Natural or Synthetic (Man-made). Imitation of every gemstone is available in the Australian gemstone market.
  • Poorly cut stones are stones that do not reflect the light well. What is truly fascinating about custom cut cz gemstones is the huge number of shapes in which they can be cut. As an extensive selection of loose stones available in the market, customers can expect to have the cutting of their choice and liking. Some of the popular gemstone cuts are brilliant cut, rose cut, briolette cut, asscher cut, emerald cut, heart cut and more.
  • The carat weight is a decisive factor in determining the value of a gemstone. Similar to other countries, in Australia prices of gemstones are calculated on a per carat basis or per gram in the case of larger ornamental gemstones.
  • As Australia is one of the biggest gemstone markets in world, few unethical sellers also pass of fake stones as a real one to the buyers. Only a qualified gemologist knows the permissible level of inclusions in a gemstone for astrological results. So, consult a gemologist before buying gemstones in Australia.

Yellow and pink diamonds from the Kimberley region in Western Australia are Australia’s most notable colored diamonds, and sales of these high-end stones contribute disproportionately to industry revenue. Australian gemstone companies generally have their own policies on what is and isn’t acceptable where gem treatments are concerned. For the bulk buyers, it is advised to all the buyers to know the market rules along with the terms and conditions of the gemstone sellers. In our next blog we will discuss thoroughly about few more aspects of buying gemstones in Australia. Don’t miss to follow our next blog.

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