Burma GemstonesBurmese Gemstones
Delicate Gemstones and Update from Myanmar
Edward Boehm (RareSource, Chattanooga, Tennessee) showed us a series of high-quality gemstones at the AGTA GemFair. He is a geographer, gemmologist and experienced gemstone merchant who works with precious stones of the highest value. The Myanmar spinell has seen a dramatic increase in cost, with more than a doubling of the cost at well.
Spinell has become more popular in Myanmar, which is evident in the higher awards at this year's show. He noted that an increasing revaluation of spinels from all origins would lead to higher marketspricing. Sri Lanka's 56 carats of rose coloured Spinel to make the most of the high clearness and medium dispersions of the gemstone.
Tajik spinell is resembling height, clearness and light. This violet-rose Sri Lankan spiral was likened to a powerful, orange-red, quadratic cushion-cut 9. 82 carats of the gemstone, which he described as the "flame colour". Cost per karat of flame-colored Myanmar rock is almost twice as high as Sri Lankan spinel - $12,000 per karat versus $7,000 per die.
Sharp flames of flames in reds cause the prices to rise significantly. Boehm added that if the rock were over 10 carats, the cost would rise further to around 15,000 dollars per karat. Edward Boehm presents a choice of high-end gemstones in this film, among them spinell, spessartin-pomegranate, pearidot, demantoide and sphere, as well as Madagascar's unprocessed morganit.
The pastel to purple spinel also sell well for Böhm. Pink complementary gemstones came from a wide range of springs - Vietnam, Sri Lanka and Myanmar among them - and varied from $1,000 to $1,800 per ton. The most coveted colour is the "electric" HAÜYNE-Blau, which comes from the Vietnamese Luc Yen and is only available in small quantities on a sporadic basis, Boehm commented.
Just like Burma's Spinell, Burma's Pearidot is currently in fashion. So Boehm showed us a good 20. Mr. Barnes said that the cost of Burma's peridots has risen significantly recently. It warned purchasers to consider whether a brick in the gazebo shows a duplication in the open stance, which is regarded as less desired.
The purchasers want to make sure that the brick is aligned in such a way that a duplication is not seen through the desk. 40 ct Myanmar pearidot has a smoother look due to a large number of minute pockets. Boehm says that gemstones of such a purely verdant colour seldom come out of the soil - they are usually warmed to this colour.
It has been going on for 10-15 years, he said. In spite of this procedure, the demantoide is still an exception. He said that a reasonable heater turns a yellowish-green gemstone into a vivid verdant, but takes away part of the typical fire of the gemstone and makes it an almost "electric" verdant colour.
Boehm said that the demantoide comes more from new products than from the aftermarket. In addition, there are still new supplies and practitioners are improving heat technologies to make gemstones much more alive, although not all react in this way. The gemstone was cut three time to perfection in form and proportion.
In addition, he added that when slicing padparajah sapphires, it is very difficult to maintain the equilibrium of rose and oranges, as the oranges are sometimes only in a part of the rock that can sometimes be readily erased by mistake. Such a gemstone is huge for a padparajah, he noted, and the wholesaling cost would be near $30,000-$35,000 per car.
On October 7, 2016, Boehm noted that President Barack Obama was signing an order to lift US sanction against Myanmar, which allowed Burmese jadeite and rubies and any jewellery containing them to be brought into the United States.
Most, if not all, of the Mogok mine licences have been abandoned because the Myanmar government and parliaments are working together to re-write the mine legislation in Mogok and the Pagan area.
They have been in force for more than 100 years and have hardly ever altered. It was in October 2016 that an SAEFL delegations visit gemstone stores and landmines in the world-famous Mogok. Its task was to provide information on the circumstances in the gemstone and coal industries after the new administration took over.
It is the aim of the new management to make recultivation part of a mine or prospection permit, so that the licence holder is obliged to restore the country to its former state after completion of the mine. It is the government's intention to make sure that these legislation is implemented and that environment and ethics meet West expectation for precious stone mines.
It is the objective that the new mine legislation meets the international recognised OECD (Organisation for Development and Cooperation ) standard, a group of 34 democracies that are developing economical and welfare policies to promote the free economy. See J. Archuleta, "The Colour of Responsibility" for more information on CSR and the ethics of colour brick sourcing: J. Archuleta:
Questions of ethics and solving in coloured gemstones", Sommer 2016 G&G, pp. 144-160). Mr Boehm discusses the recent removal of the US prohibition on the import of ruby and jadeite from Myanmar. Relying on his many years of expertise in dealing with Myanmar gemstones, he predicts the delivery of ruby to the U.S. market in the near-term.
Mr Boehm referred to the recent AGTA mission to Myanmar in October 2016 (Figure 5), which was visiting the towns of Yangon, Nay Pyi Taw, Mandalay and Mogok. AGTA is working with other US retail and industrial associations to restore good governance in the precious stone business between the two states. It is only possible because Myanmar has made significant advances in politics and economics over the past six years, but it also relies on Myanmar's gem building sectors complying with OECD global norms.
Worker grading concentrates from the Baw Mar mine near Mogok. Mr Boehm pointed out that Mogok is still adhering to the continuing work of the American precious stone industries to make sure that the Myanmar administration is keeping its promises to administer the precious stone sectors correctly and that the Myanmar nation is benefiting from the precious stones.
It warned that many concessions to mine will not be granted. On this point he is expecting many more US shoppers to come to Mogok and race for tight goods will push up the price, but at least the goods can be reimported into the US legit. After a brief re-opening, he said that the Mogok mine will be shut down due to the government's abandonment of mine use.
Mr Boehm assumes several grounds for prudence on the part of the agencies. First, it would be very attractive for mine workers to make as much as possible because traders from the US can now buy precious stones legitimately in Mogok, so the US wants to gain extra manpower to make sure that Burma's tribe is safe in ethical terms (Figure 7).
Second, they want to avoid large overseas investment taking over the mine. Lastly, there are some safety problems on the new highway to Mogok at nocturnal hours that the public administrations want to rectify before reintroducing mine licences. He sees these good signals as evidence of the Myanmar government's dedication to safety and business accountability for the benefit of its people.
While on the journey to Pyaung Gaung Mine near Mogok, the delegation observed the village's inhabitants looking for peridots in the rubbish dumps.