Forums General Discussion Hobby selling quality reports

3 replies, 4 voices Last updated by  Lowjiber 2 weeks, 5 days ago
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  • #5673

    miketmbt
    Participant
    @miketmbt

    Hello. Might be a dumb question.
    I assume most hobby cutters try to sell their work to help fund equipment and new rough to facet.
    My question is.. Do people send the stones for a GIA report or something similar to accompany the sale?

    I was just curious because I’ve bought some junk before off of ebay but because I needed stones to practice setting and jewelry making. They always attach a grade in the description.

    #5683

    flfaceter73
    Participant
    @flfaceter73

    Hello, i sell some of my cut stones on the Etsy website and i have not yet had any appraised with a certificate. Ive sold mostly stones under $50.00 ea. so i didnt figure it was needed or economically feasable .
    I will consider an appraisal for selling once i cut some more valuable pieces.

    #5684

    brellan217
    Participant
    @brellan217

    I agree about the value of a stone being a factor. I have some VVS longido rubies and some eye clean no oil emeralds. Those are the only stones I’d consider a GIA report for if I was going to sell them. It isn’t worth it to try to sell a $200 stone with a GIA report when the report costs $70-$85. It eats too much into profits. I don’t sell my stones, but if I did the aforementioned would be my business decision.

    #5687

    Lowjiber
    Participant
    @Lowjiber

    Like others above, the majority of my stones are not worth paying for a GIA grading. GIA is largely overrated by their own hype for the avrage faceter, in my humble opinion. Most of my cuts are sold in the $40-$50 range.

    On two occasions, I’ve sold rare cuts of Oregon Sunstone to knowledgeable jewelers for $200/each, but such rough is very hard to come by.

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