Posts Tagged ‘tucson gem show’

Tucson 2014 Review

Thursday, March 27th, 2014

Tucson gem show agta 2014

Anyone remotely interested in colored gemstones in the jewelry industry, is fully aware of the important role the Tucson Show plays in setting expectations and standards for the whole world gem market. This could be regarding availability of rough in different gem materials, popularity of gemstones and colors, and an update on current market prices on all categories of gems.

tucson gem show agtaBeing on constant watch for all of these factors, we continually fine-tune our buying to allow us to service our customers competitively and offer the best value. We are pleased when we are assured of this fact by positive feedback from customers buying at our booth, with so many shopping options available in Tucson!

This year we had great interest shown in our whole range of fancy colored sapphires and blue sapphires. Our Spinel trays were pulled out of the showcases ongoingly as well as our Tsavorites and Spessartites. We got many remarks on the great selection of Aquamarines and Tourmalines we carry, which include many great matched pairs, not a common occurrence.

In general, we sold many more of our finer stones than our medium quality in most varieties of gems and ranges of color. The overall mood of the gem hall was positive and upbeat and buyers seemed more focused and busy taking care of their “To-Do” lists. All of these factors, signs of a stronger year ahead for all of us.

color gems

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Promising Beginnings

Wednesday, February 29th, 2012

 

Year after year, how the Tucson Show performs, sets the general tone for our industry as to the rest of the year’s business outlook. We are happy to share that it is a very positive one for 2012. The number of buyers was not necessarily higher this year, but whoever had shown up was serious about taking care of their buying needs.  Buyers were more set on their specific wants and requirements, but more open to making the purchase when seeing the right merchandise. There was still a lot of shopping around going on, but then that is the fun of being in Tucson. Quality goods are scarcer than before, with the highest noticeable price increases, so savvy buyers knew to grab a good deal on higher quality stones when they saw it!

Not surprisingly, our biggest sellers were our blue and fancy color sapphires, followed closely by a spattering of a range of finer pieces in Spinel, Tourmaline, Zircon, Aquamarine, and Tsavorite.

More jewelers have come to realize that to stand out from the crowd, especially big box stores, and still keep good margins, focusing on custom pieces in finer colored gems is the best way to expand and grow.

We are here to help you do that, all year around with our great service and memo option, so convenient and easy with our great website and gem search feature. This allows you to show pictures of gems with your own markup for prices. It is like having our whole inventory of fine gems on your countertop.

Consumers are back pursuing their differed jewelry wants, and you should be ready to offer them options, quality, and value.

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Tucson 2011

Monday, January 17th, 2011

As we start getting comfortable writing 2011 on our correspondence, we instantly realize that Tucson is fast approaching. For those of us surrounded by ice and snow, it also brings images of sunshine and crisp desert air. As veteran Tucson attendees, we have all developed “must do” lists, perfected over time. Yet we are all also eager to explore new experiences and discover new precious finds, embracing the spirit of creativity and design.

Here at Gem 2000, we have begun the process of getting our entire stock ready for display and servicing of retailers need lists. While doing this, I still cant help but linger at times, looking at some of the gems, admiring their beauty, mounting them up in imaginary settings, bedazzling in their mounted forms.
Right now, we have a great range of quality gems in a rainbow of colors ready for your picking. So, come by our booth early and take a look. Our great range of price points also makes it easy to find gems that match whatever budget easily. Don’t forget to bring any semi-mounts that have sat around without center stones. Our volume purchase discounts also help out your bottom line.

We are also excited to continue representing Glenn Lehrer at our booth with his unique torus cuts and carvings. Ready to help get your year off to a good start we are exhibiting at:

AGTA GemFair Pavillion
Tucson Convention Center
Booth # 911
Feb 1-6, 2011

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Sapphire Prices Higher, Larger Sizes Harder to Find

Wednesday, November 5th, 2008

In general, most jewelers’ gem purchases happen at trade shows, from visiting dealers at the store, and of course the special requests through the year where we call our favorite suppliers and have them send us a few stones on memo to show to our customer. The idea most jewelers have about the price of a gem is based on what they have last bought it for, seen it at a show or from a memo sent to them by a dealer. When exhibiting at trade shows, I can tell how many years it has been since a customer has bought a certain type of stone based on how much the tell me they last paid for it. In other words, prices on most gems a have been steadily increasing. Having an updated knowledge of how much of an increase can help jewelers give more realistic quotes to their customers and also not sell a gem they have owned for many years, only to realize they cant even replace it for the retail price they sold it for!!

As wholesale dealers, being higher up in the distribution channel, we experience these shifts and increases first hand before jewelers do. To best fill jewelers needs, we have to constantly buy to keep our inventory levels high. Based on supply, different varieties of gemstones experience different levels of price increase, and in general, commercial grades of gems are less affected price wise than the gem quality materials. Also, Increases in prices are more drastic some years than others. The world’s gem supply is basically offered to the world market at large and the strength of the buyers is determined by the economies of their respective countries. Over the last couple of years, the American buyers have had a much harder time competing for the finer goods, because of a weaker dollar, the presence of emerging strong economies like India and China, and cash based economies like Russia.

During a recent purchase from a Sri Lankan dealer/cutter that specializes in finer quality, better cut gems who we have worked with for many years, we noticed a significant increase in the prices of 1ct and larger stones, and anywhere from 20-25% price increase in finer yellow sapphires from over just five months ago. The increase of blue sapphire pricing was a little less, with a more drastic increase in the medium to medium light colors. Availability of larger stones in general was down, and it was hard to replace the 3ct plus, higher sized blues. Pink sapphires of nice color and larger sizes were basically not there.

It always takes a while for new prices to establish themselves all the way down to retail and going through a major trade show usually helps the industry with that process. The next major upcoming gem show is the Tucson show, February 2009, where we will be exhibiting at the AGTA GemFair, Booth #1006. Please come and visit!



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