Market update and exceptional coloured gems
Boehm reports that the emerald market is coming back strong after a decade of suffering under the weight of buyer suspicions regarding treatment. He says that emerald dealers from both South America and Africa seem to have learned the hard lesson of those days, and have embraced the policy of full disclosure on treatments.
Although the US ban on rubies from Myanmar has created a severe shortage in supply and kept ruby prices high, it has also opened the door for rubies from other locations. Thus, buyers in the US and Europe are now more receptive to rubies from such places as Mozambique and Madagascar, whereas before it was the legend of the Burmese product that prevailed.
Boehm further relates how secondhand jewellery from estate sales becomes a primary source of material in times of tight supply. Sadly, he tells us, these often vintage pieces usually become more plentiful during tight economic times.
To complement his knowledgeable narrative, Boehm also shows off some impressive gems in the video that follows. Among them is a 32 ct. Liddicoatite that Boehm says he would never sell. But you can view it in detail here in the video.
Mr. Boehm is a geologist, gemmologist and accomplished gem dealer who works with rare and higher-end gems. He has travelled to a wide variety of gem sources across the globe and often speaks on both the supply and demand side of the market. Mr. Boehm discusses the overall coloured gemstone market as well as markets for specific gemstones in his interviews.