JewelryLover
Shiny_Rock
- Joined
- Oct 16, 2012
- Messages
- 173
PrecisionGem|1351435248|3294087 said:Lets just say everything works out exactly as planned. Looking over the numbers, this may be difficult to make any money.
Assume you were able to buy a sapphire for the price you stated of $100 per ct. So take a 2 ct stone. You pay:
$200 for the stone
$10 to ship from Asia?
$5 to ship to AGL for testing to confirm it's not heated
$55 for AGL Brief
$20 for AGL to ship back to you (They always us Registered mail)
You now have invested $290 in the stone.
You ship to your burner
$5 shipping
$10 burn fee
$10 ship back to you.
You now have $315 in the stone.
Back to AGL
$5 shipping
$55 AGL report
$20 Shipping back to you
You now have $395 in the stone.
You have to now sell it, and make a profit. You need a minimum of $500 just to cover your costs and time running back and forth to the post office. So the question is, can you now sell this heated sapphire for $500 or more.
You're very close to it, but I will break it down like this:
$500 for the stone (including some type of Report, lets say AIGS, 5 carat gemstone)
$35 to ship from Asia (FedEx)
I now have invested $535 in the stone.
Heating is FREE as I know the heater, no costs what so ever
AGL
$100 shipping (FedEx)
$55 AGL Gembrief // or $450 AGL Prestige
$100 Shipping back to me (FedEx)
I have now invested either $790 or $1185 (depends upon AGL report)
I will now have to sell it for over $1185 just to be even with the price. If it get extremely good, lets say "Cornflower" color with VVS clarity, I can charge thousands and earn a lot. If it turn out bad, that's another history, then it's all my loss. So there is of course a huge risk doing this.