Arizona or Bust: Gem Pricing, February 2014

Fine goods expected to be big draw at TucsonColored stone dealers have shifted their attention to this month’s international gem shows in Tucson, Ariz. Tens of thousands of dealers and buyers are expected to arrive in Tucson during February for some 40 gem and mineral shows.Expectations are optimistic, especially for dealers of high-end gems and minerals. We also anticipate that many of the less expensive gems such as agate, apatite, quartz, and garnet—as well as several exotics stones like spinels, padparadscha sapphire, and color-change gems such as alexandrite and the increasingly scarce garnets—will be a focus. Unlike the past few years, when Asian buyers were particularly active, this year, North American and European buyers should be the trendsetters.Expect sticker shock when perusing the selection of sapphires. Prices have been more volatile in the better grades, and heated

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