- Joined
- May 11, 2012
- Messages
- 9,801
The prices would go up. Eventually you could force all the little guys out, and colored stones could be controlled by a few just like diamonds.
Yes exactly what I meant by a monopoly. Gemstones worth say $200 or less (or whatever amount) are not even worth the cost & trouble of getting certificates for let alone standardising.
I think @Garry H (Cut Nut) what you are proposing works for gemstones valued over a certain amount, but under a certain amount it isn't worth it from an economic POV to bother....
I have a difficult time getting gemstone dealers in other countries to send me accurate non enhanced photos let alone accurate gemstone descriptions, so if you can somehow get them to do what you are proposing I'll be the first one to take my hat off to you.