There is good news in the silver market (for us at
least). Last month I talked about how prices had been rising drastically
(22% in March), and the effect this was having on the silver jewelry
market. Prices continued upward until April 12th when a huge
drop began. Over the course of April we have seen prices fall
from the high of $8.29 to the closing today of $6.05 per ounce.
This is a 27% drop!
Most of us are
breathing a sigh of relief. There are rumors it may surge again,
but judging by how short-lived the increase was, I am skeptical.
I would expect we will see prices remain in the low $6 range for
a while at least. Hopefully the US Dollar will strengthen some more,
as this is a determining factor in the precious metals markets.
silver is at an acceptable level now, and we will have to keep our
fingers crossed it stays in the current range.
Blowout continues, and those costs were locked in before the
price increases. We will be adding more goods from our stock to
the site in this category shortly, so check back throughout May.
and rings by the gram will remain at 40¢ per gram for a
We just received
some new Amber
jewelry in from India. The quality is very nice and the prices
are reasonable. We have also added a new stone to our inventory
that you may not have seen before. It is called rainbow
calcite, and it comes from a mine in Mexico. We bought the rough
from a dealer in Tucson, shipped it to India to be cabbed and set,
and what you will see on our site is the finished product. This
stone is a naturally occurring sedimentary variety that has vivid
blues, greens, reds and purples, arranged in layers. Rainbow calcite
is a beautiful stone that we predict will sell very well.
will be adding some new jewelry from the Tucson show that is still
in back stock. Also, our
star lamp sale continues: all stars are 20%
off for the whole month! Click here
to get your discount applied automatically or enter the code star20
in the discount code bas during checkout.
quality emeralds display their beauty in a deep translucent green.
Inclusions are common, but nevertheless, in top qualities emeralds
are even more valuable than diamonds.
For the Incas
and Aztecs in South America, where the finest emeralds are still
being found today, it was a holy stone. The oldest sources of emerald
known are located near the Red Sea. These mines were already being
worked by Egyptian Pharaohs between 3000 and 1500 B.C., and gained
fame under the name of "Cleopatra’s Mines,” but had already run
out when they were rediscovered.
ago in the Vedas, the ancient and sacred writings of Hinduism, stressed
the value of the green gemstone and its healing power. It's no surprise
then, that the treasure chests of Indian Maharajas and Maharanis
contained most wonderful Emeralds.
green is the color of life and of eternal spring. Even in ancient
Rome green was the color dedicated to Venus, goddess of love and
beauty. Today there are still many cultures and religions where
green holds a special position.
quality emeralds are rare, as inclusions frequently spoil the stone.
Fine inclusions do not diminish the value: a deep, rich green emerald
with inclusions is valued more highly than an inclusion-free stone
of paler color.
beryllium aluminum silicates with a hardness of 7.5 to 8. They are
related to aquamarine, pale pink morganite, golden heliodor and
pale green beryl. Pure beryl is colorless. Trace elements add the
color that makes these gemstones pleasing to the eye.
still the main country of occurrence for fine Emeralds but emeralds
are also found in other places like Zambia, Brazil, Zimbabwe, Madagascar,
Pakistan, India, Afghanistan or Russia.
protects emeralds from scratches to some extent, but their brittle
structure and many fissures can make cutting, setting and cleaning
the stone difficult. Cutting emeralds is always a challenge, even
for experienced cutters. Many emeralds today are treated with oils
or natural resins. This is customary in the trade, but it means
also that the stones can be damaged or dulled through carelessness.
For example, they should not be cleaned ultrasonically, and contact
with soaps or solvents (even dish soap) should be avoided.
of the Site
Blowout continues: high quality, unique
silver designs at great prices.
Handbags: Bright, fun and full of color!
off entire stock of star lamps!
Coming Soon: New textiles (curtains, duvet covers, and more).
As always, I
wish you a happy, healthy and successful month. Let
me know if you have questions or comments.