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Hunting Down A Royal Blue Sapphire: Inside The Gem Trade | In Search Of Precious Stones | Ep 3/4

CNA Insider・23 minutes read

Shazim, a gemstone dealer, sourced a royal blue sapphire from Sri Lanka with help from Munzeer, emphasizing the importance of color accuracy, despite encountering a synthetic stone mistaken for a natural one that had to be returned. The dealer's quest for gemstones led to acquiring a royal blue sapphire for a client's proposal ring, showcasing the significance of gemology in accurate identification and sourcing.

Insights

  • Shazim Parsha, a gemstone dealer with a passion for royal blue sapphires, relies on trusted contacts like Munzeer in Sri Lanka to find the perfect stones, emphasizing the importance of color accuracy in sourcing gems.
  • The incident involving a mistaken synthetic alexandrite highlights the risk of misidentifying gemstones, underscoring the necessity of thorough testing and seeking multiple opinions to ensure the authenticity of stones in the gem trade.

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Recent questions

  • What gemstone did Shazim recently close a deal on?

    Emerald

  • Where did Shazim's fascination with royal blue sapphires begin?

    Sri Lanka

  • Who aids Shazim in sourcing sapphires accurately?

    Munzeer

  • What did Shazim value when sourcing gemstones for clients?

    Educating clients on gemstone characteristics

  • Where did the dealer visit to learn more about gemstones and jewelry making?

    Jewelry school in Singapore

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Summary

00:00

"Quest for Royal Blue Sapphire Success"

  • Shazim Parsha, a gemstone dealer and jeweler, sources gemstones globally for clients, recently closing an emerald deal with help from Jeffrey in Thailand.
  • Jeremy, a friend, plans to propose with a sapphire ring, preferring a royal blue sapphire, a popular choice.
  • Shazim's fascination with royal blue sapphires began in Sri Lanka at a young age, leading to a lifelong quest for them.
  • Munzeer, a trusted contact in Sri Lanka, aids Shazim in sourcing sapphires, understanding his color preferences accurately.
  • Shazim relies on Munzeer's expertise to find the perfect sapphire, emphasizing the importance of color accuracy.
  • Roshan, a financier in Sri Lanka, leads a team of experienced miners in search of gem-bearing gravel, particularly blue sapphires.
  • The mining process in Ratnapura, Sri Lanka, involves digging deep pits, with no guarantee of finding blue sapphires due to their rarity.
  • Shazim, a gemstone dealer specializing in diamonds, values educating clients on gemstone characteristics and sourcing specific stones.
  • Adith, a female lapidary worker in Sri Lanka, reflects the increasing recognition of Sri Lankan gemstones internationally.
  • Munzeer's extensive search in Sri Lanka's gem markets leads to the successful acquisition of a royal blue sapphire for Shazim, meeting his stringent color and quality requirements.

30:40

"Synthetic Stone Misidentification Sparks Gemstone Dealer's Journey"

  • The gemstone dealer received a synthetic alexandrite from the lab, which was mistaken for a natural stone.
  • The synthetic stone was too clean, leading to suspicion and disappointment.
  • The dealer had to return the stone to the seller and seek a refund due to the misidentification.
  • Synthetic stones can be mistaken for natural ones, emphasizing the importance of testing and seeking second opinions.
  • The dealer sourced a royal blue oval-shaped sapphire from Sri Lanka for a client's proposal ring.
  • The sapphire was set into a ring based on the client's specifications, with a simple packaging that includes a light for nighttime proposals.
  • The gemstone dealer highlights the significance of gemology in the industry for accurate identification and knowledge.
  • The dealer visited a jewelry school in Singapore to observe classes and learn more about gemstones and jewelry making.
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