eos512
Shiny_Rock
- Joined
- Jan 8, 2014
- Messages
- 103
I actually doubt the sale price that they claimed to have reached. Who will pay 1500 usd for that deep greenish yellow tourmaline? It is not even close to canary color. But for the cost you mentioned, I dun think it will cost that much. Anyway it is a highly profitable industry, but i think their effort matches the payoff. They have to go to some desolate places carrying all the risks. I think these middle men in this industry do make a lot of contributions to the boom of the gems.psproot12|1399456795|3667744 said:eos512|1399441068|3667708 said:honestly they are definitely not making 10-15 times of profit. Based on some experience from friend in the industry, 2-3 times would be a fair guess and this 2-3 times profit does not include their traveling cost and the risk of cutting.sparkleismyfavcolor|1399414795|3667491 said:I try to watch every gem show I can find! I've watched most of the ones mentioned, and have probably seen every episode of Gem Hunt. My big complaint is too much drama and not enough stones! I wanna see the eye candy!!
I agree that most of them seem very staged and over dramatized, every episode of Gem Hunt seems the same in that regard - Ron isn't going to get his stone and then he usually does at the last second and they spend the last 30 seconds showing the faceted stuff that I wanna see.
Ron is an entertaining kook and I love when he says "you give friend price". My husband and I say that all the time.
I do like the fact that they show you what it's like at ground zero and what it means to have one of these gems on your hand. In that regard, I'm glad to hear that they overinflate the prices at the end, because I always seemed to have a bad taste in my mouth at the end of Gem Hunt knowing how much money they made from the people who work so hard and in some cases live in pretty poor conditions. I have actually considered going to lab created stones just for this reason, but then I guess that also hurts the miners who work so hard.
Well in the Nepal episode of gem hunt, they actually talked about what gems SOLD for not what they expected to get. They purchased turquoise for 1k and it sold for 10k, a $600 Tourmaline sold for $1500 and $1200 of Lapiz sold for 20k, they do make pretty great returns but there are always risks. The trip itself probably cost around 7k, cutting (lost from cutting) probably 2-3k,marketing, etc.