Lab-grown diamonds, also known as synthetic or cultured diamonds, are indeed more affordable than their natural counterparts, but they are not necessarily inexpensive. The cost of lab-grown diamonds can vary based on various factors. Here are a few reasons why lab-grown diamonds may still be relatively expensive:

1. Technology and Infrastructure: The process of creating lab-grown diamonds requires advanced technology and infrastructure. The production involves high-pressure, high-temperature (HPHT) or chemical vapor deposition (CVD) methods, which require significant initial investment and ongoing operational costs.
2. Research and Development: The development of lab-grown diamond technology involves extensive research, experimentation, and refinement. This research and development phase requires significant investment, which is factored into the pricing of lab-grown diamonds.
3. Limited Supply: Although lab-grown diamonds can be produced in a controlled environment, the capacity of production is still limited compared to the vast natural diamond mines. The demand for lab-grown diamonds has been growing steadily, and the supply is gradually increasing to meet the demand. However, the limited supply relative to demand can influence the pricing.
4. Market Positioning: Lab-grown diamond manufacturers and retailers position their products as an ethical and sustainable alternative to natural diamonds. This positioning, along with the overall marketing and branding efforts, can contribute to higher prices as they aim to differentiate their products in the market and capture a specific segment of consumers willing to pay a premium for lab-grown diamonds.

It's worth noting that lab-grown diamonds are generally less expensive than natural diamonds of comparable size and quality due to the absence of mining and associated environmental and social impacts. However, the factors mentioned above contribute to their pricing and can make them relatively expensive compared to other gemstones or jewelry options.

Check out our every expanding lab grown diamond jewelry in our weekly auctions at www.KaratsAuctions.com and find your perfect piece!

I once had a customer offer me a very low price for a David Webb piece of jewelry.  His logic was this: "Well, there is 5.6 grams of 18k gold, a 1 carat diamond, 2 carats of sapphire, and another 2 carats of tourmaline.  So, the value is only $x based on the price of those components."  I replied, "Would you value an original Van Gogh the same way?  There is the cost of the paint used, the cost of the paint brush, the cost of the wooden frame, etc?"  Of course, no one would.

In the same way, fine jewelry is more than just the sum of its parts - it is a testament to the designer's skill, creativity, and expertise. The value of fine jewelry is derived from many factors, including the rarity and quality of the gemstones and precious metals used, the intricacy and skill of the design work, the time and effort put into creating each piece, and the exclusivity of the item.

One of the most significant factors contributing to the value of fine jewelry is the design work. A skilled designer, like a skilled painter, can take a simple gemstone and turn it into a work of art, incorporating it into a unique and striking piece of jewelry that speaks to the wearer's personal style and taste. The designer's expertise and creativity are evident in every detail, from the way the gemstones are set to the overall design of the piece.

Another important factor in the value of fine jewelry is the labor that goes into creating each piece. Creating fine jewelry is a time-intensive process that requires a great deal of skill and expertise. From selecting the perfect gemstones to shaping and polishing them, every step of the process requires a steady hand and an eye for detail. This level of craftsmanship is reflected in the final product, which is not only beautiful but also durable and long-lasting.

Exclusivity is also a key factor in the value of fine jewelry. Many high-end jewelry designers create limited edition pieces, making each item a unique and exclusive work of art. The rarity and exclusivity of these pieces only add to their value and appeal, making them highly sought after by collectors and connoisseurs.

At Karats Auctions, you can be sure that we take time to hand-select high quality, unique pieces so that you aren't just bidding on a gemstone and the gold it sits in, but a wearable work of art that you will treasure for a lifetime!  See our current offerings and bid at www.KaratsAuctions.com

Fine jewelry is a timeless investment that many people purchase for special occasions and events. It can be an expensive purchase, but there are options for those who want to buy quality jewelry at a more affordable price. One option is buying professionally cleaned and polished second-hand fine jewelry. In this blog post, we’ll explore why this is a much better deal than buying retail fine jewelry.

1. More Affordable Prices: Buying second-hand fine jewelry is much more affordable than buying new jewelry. This is because you are purchasing a pre-owned piece, which will have a lower price than the original retail price. The cost savings can be significant, sometimes even 50% or more.
   
2. Unique Pieces: Second-hand jewelry is unique and one-of-a-kind, unlike retail jewelry which is mass-produced. You’re likely to find a special piece that cannot be found anywhere else, which makes it a great way to stand out from the crowd.
   
3. Quality and Craftsmanship: Many second-hand fine jewelry pieces are made from high-quality materials and are crafted by experienced jewelers. These pieces are often built to last and can be passed down from generation to generation.
   
4. Eco-Friendly: Buying second-hand jewelry is an environmentally friendly choice as it reduces waste and conserves natural resources. When you purchase a pre-owned piece, you are keeping it in circulation, reducing the demand for new jewelry and helping to conserve the environment.
   
5. Professional Cleaning and Polishing: When you buy second-hand fine jewelry from Karats Auctions, it is  professionally cleaned and polished to ensure that it is in the best possible condition. This not only enhances its appearance, but also ensures that it looks beautiful to wear and will last for many years to come.
   

In conclusion, buying professionally cleaned and polished second-hand fine jewelry from Karats Auction is a much better deal than buying retail fine jewelry. You can save money, find unique pieces, get high-quality jewelry, and be eco-friendly all at the same time. So, if you are in the market for fine jewelry, consider buying second-hand pieces from us to get the best deal!

When it comes to purchasing fine jewelry, one of the most important decisions you'll make is selecting the right metal. From gold to platinum, each option has its own unique set of benefits and drawbacks. Here's a closer look at four of the most popular metals used in fine jewelry, so you can make an informed decision.

1. 10K gold is the least expensive of all gold options, and it's also the most durable. It's made up of 41.7% pure gold and the rest is made up of other metals, like copper, silver, and zinc. This means that 10K gold is less susceptible to scratches and is a good choice for jewelry that will see daily wear.  10k Gold comes in yellow (natural), rose/pink gold (mixed with other metals to create the desired color), and white gold (which is plated in palladium and needs to be re-plated over time to keep that "white" gold look).
2. 14K gold is more expensive than 10K gold, but it also contains a higher percentage of pure gold (58.3%). This makes 14K gold a great option for those who want a little more luxury and don't mind spending a little extra.  14k Gold comes in yellow (natural), rose/pink gold (mixed with other metals to create the desired color), and white gold (which is plated in palladium and needs to be re-plated over time to keep that "white" gold look).
3. 18K gold is the most luxurious of all gold options, with a pure gold content of 75%. It's also the most malleable and susceptible to scratches, which means it's not the best option for jewelry that will be worn daily. However, if you're looking for a high-end, special occasion piece, 18K gold is a great choice.  18k Gold comes in yellow (natural), rose/pink gold (mixed with other metals to create the desired color), and white gold (which is plated in palladium and needs to be re-plated over time to keep that "white" gold look).
4. Platinum is a rare, dense metal that's prized for its beauty and durability. Unlike gold, platinum is naturally white, so it doesn't require plating to maintain its color making it the clear choice is low maintenance is one of your key values. Platinum is also much more expensive than gold, but it's also much more durable and scratch-resistant. If you're looking for a piece of jewelry that will last a lifetime, platinum is a great choice.

In conclusion, the right metal for your fine jewelry depends on your individual needs and preferences. Consider factors like budget, durability, and the type of jewelry you're purchasing, to help you make the right choice. Whether you choose 10K, 14K, 18K gold, or platinum, you're sure to find a beautiful piece that you'll treasure for years to come.

Check out our wide variety of gold, platinum, and sterling silver jewelry in our monthly and twice-a-month fine jewelry auctions exclusively at www.KaratsAuctions.com

Shopping for an engagement ring is an important and exciting task. It's a symbol of love and commitment and should reflect the personality and style of the person who will be wearing it. However, with so many options, it can be overwhelming to find the perfect ring. Here are a few things to keep in mind before making your purchase.

1. Diamond Quality: The four C's (Cut, Clarity, Carat, and Color) are important factors to consider when evaluating the quality of a diamond. Make sure to choose a diamond that fits within your budget while still meeting your standards for quality.
2. Style: The style of the ring should be chosen based on the preferences of the person who will be wearing it. Do they prefer a solitaire, halo, or three-stone ring? Do they prefer a classic or modern look?
3. Budget: Determine your budget and stick to it. Engagement rings can range from a few hundred dollars to tens of thousands of dollars, so it's important to find a balance between quality and cost.

That's where Karats Auctions comes in. We offer a variety of options to meet all of your needs, including earth mined and lab grown diamonds, and a large selection of diamond and colored stones to choose from. Additionally, shopping with us allows you to save a substantial amount of money compared to retail stores. Our prices are significantly lower, making it possible for you to purchase a beautiful ring without breaking the bank.

If you can't find the perfect ring in our selection, we also offer custom engagement ring services for a fraction of the cost of a retail engagement ring. Our team of experts can work with you to create the perfect ring that fits your specific style and budget requirements.

Contact us today to assist you in making that special proposal one you'll both remember and one that one leave you with unnecessary debt!

Tanzanite is a rare and valuable gemstone that is found only in one place in the world – the Merelani Hills in Tanzania. This makes it a highly sought after investment opportunity for those interested in acquiring a piece of this rare gemstone.

Tanzanite is known for its unique blue-violet color, which can range from a light sky blue to a deep indigo. The color and quality of the stone is determined by its origin within the Merelani Hills, with different blocks yielding different qualities of tanzanite.

Block D is considered to be the most valuable of the tanzanite blocks, producing the finest quality of gemstones. These stones are known for their intense saturation of color, high clarity, and minimal inclusions.
However, tanzanite is a finite resource, and it is estimated that the current supply of this gemstone will be mined out within the next 20 to 30 years. This means that the value of tanzanite is expected to increase over time, making it an attractive investment opportunity.
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Aside from Block D, there are also Blocks A, B, and C which yield tanzanite of varying quality. Blocks A and B produce tanzanite with a lighter, more blue color, while Block C is known for its deep indigo stones.
Tanzanite is found in the foothills of Mount Kilimanjaro, which is the highest peak in Africa. This mountain range is also home to other precious minerals, making it a valuable source of investment opportunities for those interested in acquiring rare gems and minerals.
Here is a list of the key factors to consider when grading Tanzanite:

1. Color: The color of Tanzanite is its most important attribute, with shades of blue and violet being the most valuable.
   
2. Clarity: The clearer the stone, the more valuable it is, but small inclusions are often acceptable in Tanzanite.
   
3. Cut: The cut of Tanzanite affects its brilliance and sparkle, with well-cut stones being more valuable.
   
4. Carat Weight: The larger the stone, the more valuable it is, with larger stones being more rare.
   
5. Origin: Tanzanite from Tanzania is the most valuable, with stones from other countries being less valuable.
   
6. Treatment: Tanzanite is often heat-treated to enhance its color, with untreated stones being more valuable.
   
7. Rarity: Tanzanite is a rare gemstone, with larger and more valuable stones being even rarer.
   

Check out our wide variety of these and many more gem in our monthly and twice-a-month fine jewelry auctions exclusively at www.KaratsAuctions.com - we also keep high-grade, investment grade Tanzanite in our inventory for private sales.  Let us know if you are interested in making an appointment to see our Tanzanite and other gemstone inventory.

How many of the top 10 most popular gemstones for jewelry could you guess right now?  Go ahead, take a moment.  No peeking below!  Well, without further adieu here they are  (see how many you got right!).

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1. Diamonds: The classic diamond is still the most popular gemstone for jewelry, and for good reason. Its brilliance and durability make it the perfect choice for engagement rings, wedding bands, and other special occasion jewelry.
2. Sapphires: Known for their deep blue color, sapphires are a popular choice for engagement rings and other fine jewelry. They are also available in a variety of other colors, including pink, yellow, and green.
3. Rubies: Another popular choice for engagement rings and fine jewelry, rubies are known for their deep red color. They are also available in pink and purple shades.
4. Emeralds: Emeralds are a beautiful green gemstone that is often used in fine jewelry. They are a popular choice for engagement rings and other special occasion jewelry.
5. Pearls: Pearls have been a popular choice for jewelry for centuries. They are available in a variety of colors and sizes, and are often used to make necklaces, earrings, and bracelets.
6. Opals: Opals are a unique gemstone that can display a variety of colors in their patterns. They are often used to make earrings, rings, and pendants.
7. Amethysts: Amethysts are a popular gemstone that comes in various shades of purple. They are often used to make rings, earrings, and pendants.
8. Aquamarine: Aquamarine is a blue-green gemstone that is often used to make earrings, rings, and pendants. They are also a popular choice for engagement rings.
9. Topaz: Topaz is a gemstone that comes in a variety of colors including yellow, orange, pink, red, and blue. They are often used to make earrings, rings, and pendants.
10. Citrine: Citrine is a yellow to orange gemstone that is often used to make rings, earrings, and pendants. It is also a popular choice for engagement rings.

These are just a few of the most popular gemstones for jewelry right now. Whether you're looking for something classic or something a little more unique, there's a gemstone out there that will suit your style and budget.

Check out our wide variety of these and many more gem in our monthly and twice-a-month fine jewelry auctions exclusively at www.KaratsAuctions.com

1. Lab-grown diamonds are chemically, physically, and optically identical to mined diamonds. They are created using advanced technology in a controlled laboratory environment, rather than being mined from the earth.
2. Lab-grown diamonds are more environmentally friendly than mined diamonds. The process of mining diamonds can have a significant impact on the environment, while lab-grown diamonds do not require mining.
3. Lab-grown diamonds are often less expensive than mined diamonds of similar quality. This is because lab-grown diamonds do not require the same expenses associated with mining, such as labor and equipment costs.
4. Lab-grown diamonds are generally considered to be ethically superior to mined diamonds. The diamond trade has been associated with human rights abuses and environmental devastation.
5. Lab-grown diamonds are graded using the same criteria as mined diamonds. They are graded based on the 4 Cs: carat, cut, color and clarity. Lab-grown diamonds can be found in a variety of color grades, including colorless, yellow, and fancy colors.

It's important to note that lab-grown diamonds are becoming more and more popular and accepted in the market, and that many reputable jewelers and diamond grading organizations now offer certifications for lab-grown diamonds.

​Check out our high quality selection of both lab-grown and earth-mined diamonds in our monthly and twice-a-month fine jewelry auctions exclusively at www.KaratsAuctions.com

Sapphires and rubies are both varieties of the mineral corundum. They are both incredibly beautiful and valuable gemstones, but they have one distinction: color. All colored varieties of corundum, with the exception of red, are called sapphires. Sapphires come in a wide range of colors, including blue, yellow, pink, green, purple, and even black. The most popular color for sapphires is blue, but they can be found in many other colors as well.

Rubies, on the other hand, are a specific variety of corundum that are red in color. The red color is caused by trace amounts of the element chromium in the mineral. The finest rubies are a deep, rich red color and are highly prized for their beauty.
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It's important to note that the color of a sapphire or ruby is not the only factor that determines its value. Other factors such as clarity, cut, and carat weight also play a role in determining the value of a gemstone.
In conclusion, sapphires and rubies are both varieties of corundum but have distinct colors. Sapphires come in a wide range of colors, while rubies are red in color. Both are valuable and beautiful gemstones that can make a great addition to any jewelry collection.

Check out our constantly changing selection of Sapphires (in all of it's beautiful colors) and Rubies in our monthly and twice-a-month high quality fine jewelry auctions exclusively at www.KaratsAuctions.com