About 2 years ago I was asked by one of our American customers whether I could help him to find a certain stone as a monetary investment. As he is one of our long-standing customers and collects many of our animal carvings I said yes and tried to help. It is important to know that the gemstone industry of Idar-Oberstein is connected very well. Over the years there have developed a lot of business relations and friendships even between different branches of the gemstone industry. Almost on a daily basis I am in contact with the local firms, be it through the museum, the federal association or because of my own job.
The desired stone was found quickly, but I could not get this experience out of my head, the topic investment gemstones started to fascinate me. In the last 2 years I familiarized myself with the matter and got acquainted with gemstones from the investment side. As you can imagine it was not the last gemstone I found for someone as an investment, there followed a lot of others. During this time more people asked me for my suggestions and help. It is definitely difficult as a person from “outside” of Idar-Oberstein to find the right supplier and right gemstone that is the ultimate investment. This has two reasons: One is, that the local wholesalers, even world-known, can only sell to retailers. Reason two is that here are very few retail stores of the industry.
There happens a lot behind closed doors for worldwide business. As my customers have been very pleased with me acting as an agent for them, there emerged a solid base of customers, which I counsel and help to find the right investment.
After I had been managing this international logistics business for 11 years I felt like flinging myself into a beautiful and exciting world, the world in which money is not a priority but the process itself dazzles, amazes, excites. I got hooked on gemstones and decided to figure out the difference between a sapphire and an emerald, to find out what a raw alexandrite, opal or garnet looks like. This is really very exciting! I completed my training, became a gemologist and member of the German Gemmological Association in order to learn everything possible about jewels, and developed the process of purchasing, working and selling gemstones. All our stones are obligatorily certified in accordance with GIA and DSEF recommendations. I have my private collection of stones and each of them has its own amazing history.
Stones are also an interesting investment project for me. They do not lose in value because of currency rates and inflation, so during this tough time stones can become a reliable investment object though rather a long-term one. Money could be invested in untreated stones which themselves have positive volatility. In my opinion, investment in stones is a very reliable way to keep and increase capital – and not only mine.
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