CS 7: The Colored Stone Market Flashcards

1
Q

What is Myanmar’s most important gem export?

A

Ruby

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2
Q

Which location produces the majority of rubies that end up in mass-produced jewelry?

A

Mong Hsu

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3
Q

Which trade term describes a mixture of gem qualities that represents unsorted production from a particular mine?

A

Mine run

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4
Q

Which term describes a specific rough gemstone quality range, usually determined by color, size, clarity, and price?

A

Grade

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5
Q

Where is rough from Mogok brought into Thailand?

A

Mae Sot

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6
Q

Where is rough from Mong Hsu brought into Thailand?

A

Mae Sai

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7
Q

In mining terms, the theft of a mine’s production by its workers is known as

A

High Grading

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8
Q

Which of the following is a quantity of stones, sometimes of similar size and quality, from a single mine or from many different sources?

A

Parcel

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9
Q

What city is a cutting center for colored stones in Thailand?

A

Chantaburi

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10
Q

Materials cut free-size are usually

A

large, important stones

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11
Q

Gemstone sizes cut to fit standard mountings are known as

A

Calibrated sizes

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12
Q

The market sector where better-quality gemstones are used in well-finished, moderately priced jewelry is known as the

A

Middle Market

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13
Q

Which term describes a random sample from a parcel of gemstones, often used to assess the parcel’s overally quality?

A

Cut

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14
Q

Which of the following is a price for buying an entire parcel of gems, or a substantial part of it?

A

Lot Price

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15
Q

Which of the following is a premium price for selecting stones from a parcel?

A

Pick Price

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16
Q

Definition:

Gemstone sizes cut to fit standard mountings

A

Calibrated sizes

17
Q

Definition:

A document that indicates a stones geographic origin, based on its inclusion and trace element chemistry

A

Certificate of Origin

18
Q

Definition:

Market sector where average-quality gemstones are used in mass-market jewelry

A

Commerical Market

19
Q

Definition:

A unique piece designed and created for a particular customer, often around specially chosen stones

A

Custom-made jewelry

20
Q

Definition:

a gem dealer’s term for a random sample from a parcel of gemstones, often used to asses the parcel’s overall quality

A

Cut

21
Q

Definition:

A manufacturer who produces faceted stones, cabochones, or carvings

A

Cutter

22
Q

Definition:

A city, region, or country with a large number of gemstone manufacturers

A

Cutting Center

23
Q

Definition:

Gemstone rough that’s transparent enough and of high enough quality to produce faceted gems

A

Facet Grade

24
Q

Definition:

Non-standard cutting, usually applied to large, important stones for use in expensive jewelry where standard size is not a consideration

A

Free-size

25
Q

Definition:

A specific rough gemstone quality range, usually determined by color, size, clarity, and price

A

Grade

26
Q

Definition:

Market sector where fine-quality, expensive gemstones are used in unique, handcrafted jewelry pieces

A

High-end market

27
Q

Definition:

In mining terms, theft of a mine’s production by its workers

A

High Grading

28
Q

Definition:

A discounted price for buying an entire parcel or a substantial part of it

A

Lot price

29
Q

Definition:

Market sector where better quality gemstones are used in well-finished, moderately priced jewelry pieces

A

Middle Market

30
Q

Definition:

A mixture of gem qualities that represents unsorted production from a particular mine

A

Mine lot (mine run)

31
Q

Definition:

The geographical place where a gem was mined

A

Origin

32
Q

Definition:

A quantity of stones, sometimes of similar size and quality, perhaps from a single mine, but often from various sources, that’s offered for sale together

A

Parcel

33
Q

Definition:

A premium price for selecting stones from a parcel

A

Pick Price

34
Q

Definition:

A gem-producing area, or a particular mine in that area

A

Source

35
Q

Definition:

A company or individual that supplies gems to jewelry manufacturers and retailers

A

Wholesaler

36
Q

What is the highest demand in gems for?

A

mass-market-quality gem rough

37
Q

How are commercial-quality stones calibrated and valued?

A

By the price per stone more than their individual quality factors

38
Q

What are 3 important factors for middle-market gems?

A
  1. Color
  2. Cut
  3. Clarity
39
Q

What are the 3 main attributes of a fine stone?

A
  1. Rarity
  2. Exceptional Color
  3. Large Size