Tag Archives: gemstone trade

Let me be surrounded by luxury …

I can do without the necessities!” *

Dear gemstone lovers,

it’s worth having a look behind the scenes in the world of luxury. One thing’s for sure: it has many facets. A few weeks ago Professor Ho, who lectures in ‘luxury studies’ at a Chinese university, journeyed to my home town of Idar-Oberstein, bringing a high-carat delegation with her, to learn everything there is to learn about gemstones.

Professor Ho with delegation from China
Professor Ho with delegation from China

Raw stones, cutting-shop, perfectly cut end product: my company headquarters is the perfect place to take a look behind the scenes in the world of luxury – and that includes the exquisite buffet! The group was particularly taken with the Gem Room, in which I present exclusive customers with a fine selection of particularly rare and valuable gemstones.

On a brief excursion to the historic Weiherschleife I showed the group the origins of the gemstone industry. From the 15th century right on into the 20th, gemstones were processed on big sandstone grinding wheels – using only the force of the water from our very own Idar stream.

A visit to the marketplace in Oberstein, where there are regional delicacies of all kinds, put the finish on our perfect day.

A truly wonderful day. I look forward to a luxurious wiedersehen!

Sparkling greetings
Constantin Wild

* Oscar Wilde

 

(Re)Visit from Great Britain

Dear gemstone lovers,

I’ve said it often enough: Idar-Oberstein is thought by some to be unspectacular, but anyone who has taken it into his heart is very unlikely ever to let go of it again.

Is it the picturesque landscapes, the delicious wines, or the fact that the most sparkling gemstones worldwide are to be found here? Probably a mixture of all those things. Idar-Oberstein is worth more than just one visit. … Continue reading (Re)Visit from Great Britain

Doing things the right way: gemstones as an alternative investment

With the banks hardly paying any interest at all, a property bubble that could burst at any time, and a volatile share market, gemstones, the smallest form of capital investment, have climbed a long way up the ladder.

For several years, a marked increase in demand has been noticeable in the gemstone trade. Yet that demand is now facing limited resources, as Constantin Wild, the gemstone merchant from Idar-Oberstein, is well aware: “It’s becoming more and more difficult to get hold of high-value stones. Many deposits in Africa and Latin America are already exhausted. Imperial topazes, blue aquamarines and neon-yellow canary tourmalines, to name but a few.” Typically for this market, the price is also affected by the increased demand and short supply: “Prices for rubies and sapphires have multiplied several times over in recent years”, says Wild, who runs the family enterprise of that name, representing the fourth generation of his family in doing so. Constantin Wild, Idar-Oberstein

Jörg Lindemann, managing director of the federal association of the gemstone and diamond industry (BVED), also sees gemstones as a good investment option – if the conditions are right: “Gemstones are indeed an interesting form of value guarantee. Unlike currency or stocks and shares, the value of gemstones stays constant over generations. Having said that, investors should only consider very high-quality, top-class specimens.” The expert also advises against buying on one’s own initiative: “A buyer needs a profound knowledge of the market if he is to purchase a suitable stone of enduring value. Buyers should have a very clear knowledge of the situation regarding the demand for or deposits of the gemstone in question. A purchase is not to be recommended without a reputable partner.”

Continue reading Doing things the right way: gemstones as an alternative investment