Q:

Where can I sell loose gemstones?

A:

Quick Answer

Although it can be difficult to sell loose gemstones if they are not set in jewelry, they are often easy to sell to local jewelers and on online auction houses such as eBay. Local jewelers frequently accept legitimate, non-commercial sources of loose gemstones at discounted prices.

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Full Answer

It is important to double check the legality of selling gems on certain websites due to regulations in the sale of diamonds and other gemstones as a result of illicit international production of these gems. Penalties for the unlawful acquisition and sale of these gems can range from severe financial punishments to extended incarceration periods.

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    Raw gemstones are sold through online marketplaces, to local gemstone and jewelry stores, and at gem show exhibitions. Rough and cut stones are auctioned on eBay, Gem Rock Auctions and the Gemology Marketplace. Contact local sellers and gem societies to find out how to become an official seller.

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    What is CTTW?

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    The abbreviation CTTW refers to the total carat weight of gemstones in a piece of jewelry. Some pieces of jewelry have different gem pieces, such as a center stone surrounded by smaller, accent stones, including baguettes. The total combined weight of the stone in the piece is the CTTW.

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    How can you tell if something is real gold?

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    M & M Gold Exchange notes that jewelers and others have long used the same tests, including applying nitric acid and attempting to attach a magnet to a metal piece, to verify an item is made of real gold. In the United States, anything less than 10 karats is not considered real gold.

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    What are some well-reviewed gem cutters?

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