The value of gemstones by location?

[G.O.Eye]

I have a question, if anyone is aware, if you find say for instance amethyst in Brazil versus finding amethyst in Nevada, what has more value or rubies in Sri Lanka versus rubies in Georgia an if you find something in a place they say never existed, does that make the value of something raise? I

 

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[huntsman53]

Simple answer: Yes, the location where a Gem is found or mined can have an effect on the value. However, more than anything...the quality, the color and size determines the value.


Frank

 

[loco oro]

some locations are known for quality,or shades of color, some hold a value due to there location and their rarity,and access to the location,i.e closed historical mines or quarrys .

 

[G.O.Eye]

Thanks guys I appreciate it, so in other words a location has to gain the respect for producing high quality gems before the value can actually raise? what if there's just a few high quality gems found in alluvial fans but being in an area that's arid and lacking real weathering except wind an very very scarce rain fall can't find the true source would this change things, hope I'm not being a nuisance.

 

[Eu_citzen]

I've worked with gems and cutting for a while and this is what I have to say:

Truth be told, it depends on the buyer. If he is a collector he might be willing to pay a premium for certain locales. If he's just a "average guy", he most likely won't.
When I buy rough I don't think to much of the origin other then avoiding conflict zones.
I rarely pay a premium for a locale unless I know there's money in it for me and then I usually have to wait years before that collector comes by to pay that premium.

I mean, for example: If I can get a similar zircon at 5 cts from xxx or yyy why should I pay a premium from either? I won't, I'll buy the cheapest.

Now, on the other hand: If I can buy a ethiopian opal or a similar australian opal but the aussie commands a higher price, will I pay it?
Yes I will. I know the aussie opals are getting more scarce and are less likely to crack on me. Basically it evens out the risks.

I also want to add that marketing is a huge thing and properly marketed that locale may command a premium just due to that.
Look at tanzanite, which has been marketed quite well.

I hope that gives some food for thought from a cutters point of view.