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Lab-Grown Diamonds - 5 Things to Know Before Buying

1/27/2023

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  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
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What is Estate Jewelry? Why Should I Own it?

1/27/2023

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Estate jewelry refers to jewelry that has been previously owned. It can include a wide range of styles and types of jewelry, from vintage and antique pieces to more contemporary items. Estate jewelry can be found at estate sales, auctions, and antique dealers. It is often considered to be of higher quality and craftsmanship than new, mass-produced jewelry, and can hold historical or sentimental value.

Check out our constantly changing inventory of high quality, unique estate jewelry in our monthly and twice-a-month fine jewelry auctions exclusively at www.KaratsAuctions.com

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Sapphires and Rubies - Did you Know?

1/27/2023

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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
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Earth Mined vs Lab Grown Diamonds - The Basics

1/27/2023

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Earth-mined diamonds are diamonds that are naturally formed in the earth's crust over many years. They are extracted from mines using various methods such as open-pit mining and underground mining. These diamonds are considered to be natural.

Lab-grown diamonds, also known as man-made diamonds or cultured diamonds, are diamonds that are created in a laboratory using advanced technology. They are created by replicating the conditions under which natural diamonds form in the earth's crust. These diamonds are chemically and physically identical to earth-mined diamonds but are considered to be more ethical and eco-friendly.

It's important to note that lab-grown diamonds have the same properties as earth-mined diamonds, but are typically more cost accessible (more bling for your buck). Lab-grown diamonds are becoming increasingly popular, with many people choosing them for their ethical and environmental benefits.

Ultimately, earth-mined and lab-grown diamonds are both real diamonds; they just grew up differently: which one to choose becomes a personal choice (and a budget choice!).

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
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Birthstones: Their Months and Their Meanings

1/27/2023

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Birthstones are gemstones that are associated with a person's birth month. They are believed to have special properties or powers that can bring good luck, health, and prosperity to the wearer (but we just think they're pretty!).

Some people choose to wear birthstones as jewelry, such as rings or necklaces, as a way to connect with their birth month and the qualities it represents. Some people also choose to give birthstones as gifts to loved ones, as a way to celebrate their birth month and show them that they are loved and cherished. Birthstones are not only special because of the perceived powers they hold, but also because they are a personal and meaningful way to connect with the beauty and significance of birth months.

Here are the traditional birthstones and the months they are associated with:

January: Garnet
February: Amethyst
March: Aquamarine or Bloodstone
April: Diamond
May: Emerald
June: Pearl, Moonstone, or Alexandrite
July: Ruby
August: Peridot or Sardonyx
September: Sapphire
October: Opal or Tourmaline
November: Topaz or Citrine
December: Turquoise, Zircon, or Tanzanite.
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Check out our selection of birthstone jewelry in our monthly and twice-a-month high quality fine jewelry auctions exclusively at www.KaratsAuctions.com
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Why Buy Fine Jewelry at a Specialized Fine Jewelry Auction Company?

1/27/2023

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Buying fine jewelry at a specialized auction company can save thousands over retail prices because the prices at auction are determined by market demand rather than a fixed retail markup. In addition, auction companies often have access to rare and one-of-a-kind pieces that may not be available at retail stores. Additionally, auctions can be an exciting and fun way to purchase jewelry, as there is an element of competition and the thrill of potentially getting a great deal!

Check out our high quality fine jewelry selection exclusively at www.KaratsAuctions.com today!

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From the Mine to Your Jewelry Box: Fine Jewelry Creation (and how to avoid the Crazy Retail Mark-ups!)

1/27/2023

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The process of making fine jewelry begins with sourcing the gemstone. Gemstones can be mined or purchased from a supplier. Once the gemstone is sourced, a jewelry designer will create a design for the piece of jewelry, taking into consideration the characteristics of the gemstone, such as cut, color, and size. The design is then sent to a jeweler, who will use tools to create a wax model of the piece. Once the wax model is complete, it is then cast in the desired metal, such as gold or platinum. After casting, the piece is then polished and set with the gemstone. The final step is to inspect the piece for any defects and then it can be shipped to the customer or retailer.

Jewelry typically goes through a number of different stages before it reaches the consumer at a retail location. The process begins with the mining of the precious stones and metals that will be used to make the jewelry. These raw materials are then sent to a manufacturer or supplier, who will use them to create finished jewelry pieces.

Next, the jewelry will be sold to a wholesaler or distributor, who will mark up the price to cover their own costs and make a profit. The jewelry will then be sold to a retailer, who will also mark up the price to cover their own costs and make a profit. Finally, the jewelry will be sold to the consumer at a retail location, where it will be marked up again to cover the costs of operating the store and to make a profit for the retailer.
In total, the markup on jewelry can be significant, with the final retail price often being several times higher than the cost of the raw materials used to make the piece. Additionally, the brand name, designer, rarity, and other factors also affect the price.

At Karats Auctions we cut out the huge retail mark-ups as we don't have to pay for a stand alone retail space, fancy signs, salesman commissions, and all of the expensive display cases, lights, and plush carpet!  Instead, we offer high quality, fine jewelry direct to the public for 50 to 90% off of retail prices!  The only catch is this: you have to bid to win.

Check out our monthly and twice-a-month fine jewelry and gemstone auction right here at www.KaratsAuctions.com

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The Importance of Fine Jewelry in our Modern World

1/27/2023

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In our fast-paced world with all of it's busyness and chaos, be sure not to overlook the importance cultivating a fine jewelry collection to make the journey shine.
  1. Fine jewelry is a timeless and elegant accessory that can add a touch of luxury and sophistication to any outfit. Whether it's a simple pair of diamond stud earrings or a statement necklace, fine jewelry can instantly elevate your look and make you feel more confident and stylish.
  2. Fine jewelry is also a great way to make a personal statement or express your individuality. With so many different styles and designs available, you can choose pieces that reflect your personality and interests, whether that's a classic pearl necklace or a bold and colorful gemstone ring.
  3. Fine jewelry is also a great investment. Many high-quality pieces, such as diamond engagement rings or gold bracelets, hold their value over time and can even appreciate in value. This makes them a great choice for those looking to invest in something beautiful and lasting.
Ultimately, Fine jewelry is more than just a fashion statement, it's also a timeless, elegant and personal accessory that can be a good investment as well. It can add a touch of luxury and sophistication to any outfit, elevate your look, and express your individuality.

Shop our high quality fine jewelry pieces at second hand prices that can't be beat anywhere!  Only at www.KaratsAuctions.com
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    Author

    James Egge is the Owner of  Karats Auctions, a member of the IGS (International Gem Society), and a member of the MAA (Minnesota Auctioneer's Association).

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Karats by Auction House
​7101 York Ave S #150
​Edina, MN 55435
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