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What Makes a Gem a Precious Stone

Gemstones have long been treasured for their beauty and durability. Their value will vary based on the rarity of the stone, and the skill with which it has been cut. A wide variety of stones have been used as gems, and over the years some types of stones have become worthless, and others have become priceless. To the ancient inhabitants of many regions, pretty stones served as the first currency. Residents of some pacific islands used carved stones weighing several tons as their method of measuring wealth. Throughout recorded history, the smaller stones we think of as gems have been used as a way to hold or safeguard wealth. Second only to the precious metals, investment in gemstones has been most widely used as a means of protecting one's wealth in times of war or in exchanging value in distant lands.
Tsavorite Garnet courtesy of theimage.com

The beauty of gemstones depends on the optical properties that the stone possesses and the skill of the craftsman who cut and polished it. Some of the optical properties can be measured, while others are more subjective and can be described only with imprecise terms. The stone's color and refractive index are the two most widely used measurable optical properties. Other measurable properties include dichroism, dispersion and absorption. Asterism is an effect that is sometimes displayed, but not measured. Other unmeasured properties include play of color, chatoyancy, and luster.
Rhodalite Garnet courtesy of theimage.com


Refraction is a measure of how light is 'bent' within a stone. Dichroism is used to describe a gem's tendency to display different colors from different angles. Dispersion and absorption measure the amount of light in a given spectrum that is absorbed or dispersed. Asterism and chatoyancy are similar in that they produce concentrated bands of light such as in tiger-eyes or stars. Luster is a description of how shiny the stone is.

The cut of a gemstone adds greatly to its beauty. Many gems found in nature are unrecognized by the average person until the craftsmen that cut and polish the stone release the beauty of the gem. Although the cutting of a stone may at first seem a simple thing - make a flat top that tapers to a point at the back - cutting is actually a precise, mathematical operation. The angle of the facets are calculated to bring the most 'fire' and beauty to the gem, while not cutting in ways that would weaken the stone. Many stones must be cut at certain angles in relation to the natural planes within the stone to prevent the stone from 'cleaving' or breaking.
Tourmaline courtesy of theimage.com

A gemstone's value is based on the stone's type, size and quality. The rarity of a stone-type will vary based on its size. Small tsavorite garnets, which are widely available, are relatively inexpensive, but large ones are very rare and much more expensive per carat. Quality will also have a major impact, often the price will double from a low grade stone to a high quality gem of the same type. Current political, economic, and military conditions within the region that produces the gem may affect the prices paid as well.
Zircon courtesy of theimage.com

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