THE GEMSTONE FORECASTER VOL. 14, NO.1 - PART TWO

TABLE OF CONTENTS PART TWO

INTERNATIONAL MARKET UPDATES

DIAMONDS
On February 25, 1996, DeBeers and Russia finally signed a tentative contract. It states DeBeers will be the exclusive buyer of all Russian rough, but both sides agreed that Russia could sell even larger amounts outside the cartel. The original contract stated Russia could sell 5% outside of DeBeers, but Russia blatantly violated these terms. The final contract is to run for 3 years and will be signed in late March, 1996. Carat and larger polished prices are coming under severe pressure due to scarcity and sharply higher rough prices. There is high demand for the D-G colors and VS-SI clarities.

HOW DIAMOND SHAPES REFLECT YOUR PERSONALITY
According to the new book, "Diamonds, Love, and Compatibility", the diamond you choose reflects your personality.
Round: You are drawn to a warm hearth of a cozy home. Your family is a top priority.
Pear: Although your home is the center of your life, you have an adventurous streak. You area solid citizen and take pride in your community.
Marquise: You have lots of energy for demanding careers and challenging endeavors.
Emerald: You are disciplined and crave order. You expect equality and and are an agile leader.
Oval: You are fun loving, creative, and down to earth.
Heart: You are the romantics of the world. Yow are highly emotional.

NATIONAL JEWELER
In the article, "On the Web, a World of Gem Knowledge", National Jeweler Magazine (1-800-334-8151 to subscribe) lists National Gemstone's web site as a top pick in the January, 1996 edition. Thank you. You can visit their web page at: http://www.national-jeweler.com

JEWELRY TRADE FORECASTS
According to the jewelry trade the following stones will be hot in 1996:

  1. ruby
  2. emerald
  3. sapphire
  4. red spinel
  5. tsavorite
  6. spessartine garnet
  7. tanzanite

MANDARIN ORANGE GARNETS
NGC wishes to thank all of our clients who have remained on waiting lists for months. After spending two days with the two different Namibian mandarin orange mine owners, we were able to purchase enough stones to fill the back orders. We are unsure if we can keep a steady inventory of these goods, but we presently have a few stones. After looking at stones from both sources together, it is our opinion that the stones from the second mine are vastly superior to the original deposit. Remember, there are two mines. The original deposit may be a purer orange, but the stones do not come clean. They have a foggy look. The mandarins from the second mine are richer, more intense orange, are cleaner and more brilliant. Therefore, gems from the second mine are the stones to wear and collect. Let us know if you have an interest.

BURMA
Myanmar (Burma) announced a new anti-smuggling law to slow the illegal flow of gems across its borders. The government can impose life sentences for violators. Vast amounts of gems are being smuggled because the mines are in rebel-held territory.

TANZANITE
Tanzanite continued its price march as the demand for this stone outstripped the supply.

UPDATED 20 YEAR GEMSTONE PRICE INDICATIONS (1975-1995)

AUCTION NEWS
Princess Salimah, former wife of the Aga Kha, recently sold $28 million worth of her jewelry collection at Christie's. She was the daughter of a British Calvary officer and a top fashion model in the 1960s The main piece of the collection was the Belgium Blue, a 13.78 blue, flawless diamond and a 16.02 D-Flawless heart-shaped diamond. The two stones went for $7.8 million. A 4.37 deep fancy blue diamond set a per carat auction record for blues at $572,082 per carat or $2.5 million. A 7.37 rectangular purple-pink diamond went for $5.99 million. A 12.77 purple-pink sold for $3.5 million. The 76.86 Ahmadabad pear-shaped diamond from India sold for $4.3 million.

Sotheby's will auction Jacqueline Kennedy Onassis' estate on April 23-26, 1996.

YOUR SOCIAL SECURITY NUMBER
The first three digits of a social security number tell where you were born (or where you got your first social security card). Here is the code:



The information provided in this newsletter has been derived from research and sources believed to be reliable. However, no guarantee is expressed or implied as to their validity. Opinions included herein are subject to change without notice. Potential investors or collectors should understand past performance is not a guarantee of future performance. This is not intended as an offer or solicitation with respect to the purchase or sale of any security, nor is it intended to be investment advice.

The following is for snail mail only:
Write:
NGC
P. O. Box 42468
Tucson, AZ 85733
Call: 1-800-458-6453 or (520)-577-6222

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For comments, questions or price quotes E-mail NGC, Attn: R. Genis

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