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Gemology

Updated on April 24, 2024 , 1874 views

What is Gemology?

Gemology is a subject that includes studying, cutting as well as valuing precious stones. However, the essence of this subject lies in discovering gemstones. People who work in this field are known as gemologists.

Gemology

Some investors and collectors might be interested in the monetary value of gems. However, to differentiate one from another would require the assistance of a gemologist. In a way, these professionals assess gemstones – both synthesized in a lab and the ones discovered raw – with the help of grading instruments, computerized tools and microscopes.

Explaining Gemology

In simple words, gemology is all about discovering and identifying gems. A lot of people know the group of criteria used in gemology to discover diamonds, which is the method of 4Cs – Colour, Clarity, Cut and Carat. A gemologist identifies a gem on the Basis of its certain properties and characteristics like clarity, quality, colour and cut.

For example, some garnets and rubies could be difficult to differentiate on the basis of their appearance; however, their foundational physical properties substantially differ.

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Gemology and Professionals

Along with gemologists, this field also comprises several other professionals, such as scientists, metalworkers, lapidaries, jewellers, appraisers, and more. Gemologists might get a certificate to be professional appraisers whose expertise is viable in several other industries and domains, including jewellery Investing and sales.

On the other hand, goldsmiths and other metalworkers require certain knowledge regarding the physical characteristics of gems so as to create adequate settings. Gem cutters, or lapidaries, also require specific knowledge, considering that adequate techniques of cutting and polishing vary on the basis of gems.

Scientists who have degrees in chemistry, geology or physics can create a small group of gemologists; however, they remain extremely influential in their domain.

Investment in Gemstones

When returns in the Market of stock decrease, often, aggressive investors may look for alternatives that hold more prominent and opportunities of increasing Returns on Invested Capital (ROIC) in comparison to traditional types of investment.

In particular, investing in gemstones, and the ones that have rare or exceptional quality can help you retain or possibly increase value. But, unlike other investments, gemstone doesn’t come with an easy liquidity opportunity in situations wherein urgent cash is required.

Also, investing in gemstone could be an exciting option for those who wish to have quick returns. However, this investment should be executed under experienced professionals to gain maximum results.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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