Isn't it fascinating how coloured gemstones like spinels, peridots, and tourmalines are sparking so much interest across the globe in recent years? Diamonds may have had a long reign as a girl’s best friend, but these vibrant and unique gems are now stealing the limelight! The shift in gemstone preference isn't just happening with royal brides like Meghan Markle, but is also evident on the shelves of iconic jewellery houses like Tiffany & Co. and Cartier.
Why this sudden fascination, you ask? A variety of reasons come into play. Firstly, the traditional "Big Four" — white diamonds, red rubies, blue sapphires, and green emeralds — are spiralling in price. As these classic beauties become more unattainable to the general public, other coloured gemstones provide an affordable yet equally beautiful solution.
Secondly, who can resist the stunning spectrum of colours offered by these gems? From the romantic hues of pink morganite to the soothing tones of lilac kunzite and mint tourmalines, there's a colour for every mood, occasion, and individual. Unlike diamonds where the cut is king, coloured gemstones are all about their captivating colour. But when evaluating their value, it’s still important not to neglect the rest of the four C's — cut, clarity, and carat weight.
Investing in coloured gemstones, however, requires caution. Experts advise that it can be a risky business due to the lack of industry-standard pricing and the potential for fraud. While some gemstones have seen their market values rise significantly, it is essential to remember that each stone's value depends on various factors. Therefore, it is crucial to approach gemstone purchases with a focus on appreciation for their beauty, the sentimental value they hold, and the joy they bring, rather than viewing them purely as investment opportunities.
Curious to learn more? I have shared my thoughts on this topic in a detailed article on Channel News Asia. Feel free to explore further here!
Tanja M. Sadow G.J.G.
Dean and founder of the Jewellery Design and Management International School