CS 7: The Colored Stone Market Flashcards
What is Myanmar’s most important gem export?
Ruby
Which location produces the majority of rubies that end up in mass-produced jewelry?
Mong Hsu
Which trade term describes a mixture of gem qualities that represents unsorted production from a particular mine?
Mine run
Which term describes a specific rough gemstone quality range, usually determined by color, size, clarity, and price?
Grade
Where is rough from Mogok brought into Thailand?
Mae Sot
Where is rough from Mong Hsu brought into Thailand?
Mae Sai
In mining terms, the theft of a mine’s production by its workers is known as
High Grading
Which of the following is a quantity of stones, sometimes of similar size and quality, from a single mine or from many different sources?
Parcel
What city is a cutting center for colored stones in Thailand?
Chantaburi
Materials cut free-size are usually
large, important stones
Gemstone sizes cut to fit standard mountings are known as
Calibrated sizes
The market sector where better-quality gemstones are used in well-finished, moderately priced jewelry is known as the
Middle Market
Which term describes a random sample from a parcel of gemstones, often used to assess the parcel’s overally quality?
Cut
Which of the following is a price for buying an entire parcel of gems, or a substantial part of it?
Lot Price
Which of the following is a premium price for selecting stones from a parcel?
Pick Price