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Reply To: Burmese red spinel pendent

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m76steve
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As of now, there is interest in red spinel. On web sites Ive seen asking prices $3,000.00 to $4,500.00/ct. for stones less than 5cts, for nice red color, VS clairity, good cut. The center stone is over 10cts, burmese, good cut, a visible window but still a good stone because of color content. I see 9-12ct stones asking price over $35,000.00 for the stone, but all is usually negotiable to a point. I dont cut stone, this is a hobby for me, & I enjoy hunting for good stone at good pricing, deals are there for the taking. Ive bought cut stone from Frank Schaffer of Pa. who has been in the business over 38 yrs. He showed me his custom designed, computer driven, dual platter, faceting machine. He is serious about stone cutting & I have several of his items & they are works of art & almost flawless & not cheap-good does cost, but what a treat. The bottom stone is over 14cts with good red color & the trademark octahedral crystals easily seen within the stone. All the stones are burmese & fluoresce well under UV light-steve…


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