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About Steven D.Covey
Expertise
I can answer questions related to colored stones. I am a professional gemstone cutter/lapidary for bench jewelers since 1978. I repair/re-polish all colored stones. I also cut from rough. Create custom cuts, match stones, inlay lapis, onyx etc.

Experience
I am a professional Gemstone cutter/lapidary

Education/Credentials
I was professionaly trained In Beverly Hills California in 1977 I have been serving the area bench jewelers since 1978. I recut/re-polish all types of stones ruby, emerald, topaz etc. I do inlay onyx opal lapis etc

Past/Present clients
Jareds, Shane company, Fred Meyers, OC Tanners, Park City Jewelers, to name a few

You are here: Experts > Style > Jewelry Making > Jewelry, Gems, & Minerals > fancy sapphires

Jewelry, Gems, & Minerals - fancy sapphires

Expert: Steven D.Covey - 10/29/2009

Question
what value would a 9k fancy sapphire w.gold ring be?
gem name: fancy sapphire
gem shape: square
gem pieces: 7
gem weight: 1.170ct
metal: 9k white gold approx 2.40g
set in a row like an eternity band colours are red, orange, yellow,pale green, light blue, dark blue and purple.
many thanks rachel

Answer
Hi,

The value of the gold if you got full market price is around 30.00 US. The value of the stones is totally dependant on the beauty/quality of them. How well polished they are and the color and the clarity. They could as high as 30.00 US each and as low as 5.00 US each.

Now that is the value as parts and a whole one needs to add labor and artistic value of beauty.

Which should double the value so if we assign the stones to be average say 15.00 times 7 would be
105.00 plus 30.00 in gold total 135.00 times 2 total value would be 270.00.

Now I am only speculating but that gives you an idea on how to determine value. The real value is based on what the current market will pay. When you try to sell an item it seems the value goes down because you have created a buyers market meaning the buyer is not in the market therefore he has the advantage to pay less. On the other hand if someone is seeking to buy and loves the item you have available then the reverse is true. So you see value is a funny thing it is worth what the market will pay at any given time according the the market conditions.

I hope this helps you.

Good luck,

Steven D.Covey

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