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BUYER BEWARE! DECLASSE GEMS = NO CLASSIFICATION

by: windsorauctions-usa( 6417Feedback score is 5,000 to 9,999) Top 1000 Reviewer
22 out of 24 people found this guide helpful.
Guide viewed: 2086 times Tags: ruby rings | emerald rings | jewelry | gemstones | diamonds


Declasse Gems - What are they?

As a jewelry and gem seller, I'm surprised to see that there are those who still insist on hawking declasse gems. They are purchased at gem shows for a few bucks a piece (the huge profit margins are the driving force that keeps them on the market). In fact, they can purchased by the bucket load.

Declasse = NO CLASSIFICATION

A declasse gem is NOT hard to identify (nor is a smashed glass diamond) however, a picture is worth a thousand words...

Below is a picture of a Declasse Emerald Ring...

Notice that the Emerald has absolutely NO LIFE! The color is flat and the stone is NOT highly polished).

It looks like a mottled piece of stone (which is what it is).  However, there are those who buy these stones (that's really what they are) and set a few nice diamonds around them, set them in 18KT. gold and can use the description - 18KT. 3 Carat Emerald & Diamond Ring.

Okay, here's what an Emerald should look like set with two high quality diamonds....

You can clearly see the difference between both the top and bottom emerald rings. The same applies to rubies and sapphires. If a ruby or sapphire has the same mottled look as the emerald ring (as the declasse emerald - first picture) - then you're getting a declasse stone. Bring the ring to the appraiser and he'll tell you the score (if he or she is honest). 

Below is a good example of a Declasse Ruby...

Does the Ruby above look polished? Does it look lifeless and/or does it have any translucence at all? 

Okay, here's what a Ruby should look like....

You can clearly see the difference between both the top and bottom ruby rings.

The argument in the industry is "but, it's still a valuable gemstone" and the argument would hold weight (to a degree).

However, what proliferates the sale of these Non-Gems is the use of Gem Cards as a selling tool.

Gem Cards - A Questionable Practice:

What's more disturbing than those selling declasse gems are the labs that are willing to grade them at such high values. Gem Cards seem to be the new wave in selling jewelry and gems. They are usually offered for free and look like a plastic credit card. These cards may have a picture of the item, carat weight and some type of grading information. If it's a diamond and ruby ring, which has been graded and there's a declasse ruby, you'll see thw word "Fine" or "Extra Fine" in describing the ruby. The card will also state a value so far above the "true" value of the stone that it's just astounds one that the FTC has not put a stop to such grading practices and/or service offered to sellers. 

Part Two of the Scam..

If there are many diamonds in the piece, the piece may be graded as VS-1 to I1. In other words, if it's a Ruby Ring with a pave setting you're being offered (which may contain 5 pointer diamonds) this means that one diamond (out of the entire group) may be VS-1 however, the remaining diamonds may be all I1's.

The Gem Card is the next great selling tool, as this little card can carry a message of "high value".  In the case where the diamonds are graded VS-1 to I1 - the term "VS-1 is what catches the buyer's eye. VS-1 is the grading which "sells" the piece. However, once you receive the item and find crusty white I1 diamonds and one VS-1 diamond - you'll be sorely disappointed  - as in many cases, the one "good" diamond stands out amongst the crusty white "smashed glass look" of the I1 diamonds.

It's not by accident that a VS-1 diamond is set into the piece. Set a VS-1 diamond in the piece and the seller can use the grading however, it's a slippery slope upon which they sell such goods - as if one diamond is a VS-1 and the remaining diamonds are I1's - the quality of the piece and the high value attached via a Gem Card - becomes questionable.

Gem Cards should NOT be given any weight when purchasing a finished piece of jewelry or loose gem as they set a bad example for the entire industry. They bring into question the validity of value and this has far reaching implications for the entire gemological grading industry.

Here's how you know there's something very wrong during an auction...if a large gemstone ring is being offered with a stated value ona  Gem Card for $8,000.00 but, you can buy it at auction for a few hundred dollars then the saying "if it's too good to be true" applies!

Jewelry 

Other guides relating to jewelry and gemstone buying which you may find helpful are as follows:

 


Guide ID: 10000000002126815Guide created: 10/13/06 (updated 08/27/08)

 
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