Gem Pricing Report

By JCK Online Staff -- JCK Online, 6/1/2009 2:00:00 AM

The negative view of the economy eased in April as the Consumer Confidence Index jumped to its highest level of 2009. An increasing number of analysts feel that the market has found the bottom and will start moving up. Analysts' impression of the housing market also improved slightly in April. The jewelry industry, however, remains slow across the distribution chain. Many stores had a slow holiday season, and business has eroded since then. The lack of buying at retail has been felt down the length of the supply chain. Designers and dealers that limit business to serving retail jewelers are seeing fewer requests as retailers remain extremely cautious about buying for inventory.

Successful retailers continue to employ strategies to cultivate business. These include producing popular styles in silver or silver and gold. Color substitutions have increased the popularity of many attractive but less expensive gems.

Dealers report that demand remains soft in the diamond market. The strongest demand is in 0.50—1.50 ct. round brilliants. Buyers want G-H and SI₁ goods. Most are confident that prices have stabilized for 2.00 ct. and under goods. However, a significant gap remains between bid and ask in the larger sizes. Demand for branded diamonds has weakened sharply as consumers return to well made rounds. In fancy shapes, cushions and princess remain popular.

	VS₁	VS₂	SI₁	SI₂
G	$1,430	$1,325	$1,125	$1,050
H	$1,300	$1,190	$1,050	$920
I	$1,170	$1,050	$950	$900
J	$1,100	$1,000	$900	$850

	VS₁	VS₂	SI₁	SI₂
G	$2,775	$2,350	$1,875	$1,500
H	$2,400	$2,050	$1,725	$1,425
I	$1,950	$1,750	$1,500	$1,350
J	$1,575	$1,500	$1,350	$1,200

	VS₁	VS₂	SI₁	SI₂
G	$6,075	$5,400	$4,575	$3,975
H	$5,100	$4,650	$4,350	$3,825
I	$4,125	$4,000	$3,800	$3,600
J	$3,800	$3,600	$3,200	$3,000

	VS₁	VS₂	SI₁	SI₂
G	$12,300	$10,900	$9,400	$8,100
H	$10,200	$9,400	$7,900	$7,200
I	$8,700	$8,000	$7,200	$6,700
J	$6,800	$6,300	$5,900	$5,500

VS	SI	I₁
$60K–$85K	$45K–$75K	$30K–$43K

	Good	Fine
2 to under 3 cts.	$150–$500	$500–$800
3 to under 5 cts.	$250–$550	$750–$2,500

	Good	Fine
1 to under 2 cts.	$125–$420	$420–$1,250
2 to under 3 cts.	$325–$750	$750–$2,000

	Fine	Extra-Fine
18-in. strands,6 to 6.5 mm	$650–$850	$1,000–$1,200

	Good	Fine
1 to under 2 cts.	$75–$90	$90–$120
2 to under 3 cts.	$90–$125	$120–$160

	Good	Fine
1 to under 3 cts.	$20–$50	$50–$75
3 to under 5 cts.	$35–$75	$75–$150

	Good	Fine
8 to 8.5 mm	$30–$60	$60–$120
10 to 10.5 mm	$35–$90	$90–$150

	Good	Fine
1 to under 2 cts.	$175–$325	$300–$400
2 to under 5 cts.	$250–$450	$400–$475

	Good	Fine
1 to under 3 cts.	$125–$350	$350–$700
3 to under 5 cts.	$180–$425	$425–$900

Prices shown represent actual wholesale memorandum prices paid by retail jewelers on a per-stone basis. All prices are per carat except for cultured pearls. No responsibility or liability is assumed for the consequences of the use of any information in this report, nor for errors or omissions. The terms Commercial, Good, Fine, and Extra-Fine are general classifications developed and used by The Gem Guide. Each represents a range of individual quality grades. When they are used in conjunction with proper grading, one can accurately pinpoint a price from within the listed range. A one-year subscription to The Gem Guide includes six diamond issues (bimonthly); six newsletters (bimonthly); two colored-stone issues including pearls, opals, and jade (biannual). For more information, contact Gemworld International Inc., 2640 Patriot Blvd., Suite 240, Glenview, IL 60026; (888) GEMGUIDE or (847) 657-0555, fax (847) 657-0550. U.S., Canada, $205 complete per year. Elsewhere $275 complete per year.