We purchase uncut gemstones from local and foreign suppliers. Cut and polish them and sell them to our customers. SRI LANKA’S GEM INDUSTRY
Sri Lanka has been famous for its gemstones for over 2000 years. Traders from all known civilizations at that time came to the island in search of this precious mineral. Among them, Sapphires, rubies, Star sapphires, cats' eyes, and pathmaraja were them. The b
lue sapphires were the most sought-after stone. The traders from many parts of India, China, Persia, Arabia, and Europeans were regular visitors. In the past, many countries had gems stones, in their treasuries as an investment, and payments were made from this mineral. With the opening of economies in Asia and many third-world countries, large portions of the population become wealthy. They tend to spend money on fashion and Jewelry. Some people tend to use gemstones as an investment. Because the gemstones appreciated well and it was easy to store, the movement was also easy. PRECISION CUTTING:
Though the gem mining, cutting, and Jewelry business have been for centuries in Sri Lanka, gems are very poorly cut. Almost all the cutters are interested in getting the maximum realization of the weight. They have not paid much attention to precision cutting. Precision-cut gemstones are cut at the correct reflective index using digital precision-cut machines. This is done according to an advanced scientific method. When stones are cut to geometrically designed this makes a world of difference to the stones' luster, light reflection, and brilliance. It’s always easy to sell and the precision cutting gives a better value to the stone. Most of the stones which are sold to the foreign markets are re-cut and polished. This way one will lose part of the weight, and the buyer is limited to a few designs and shapes. Modern designs play a big role in the latest jewelry. ABOUT OUR CUTTING:
Our master gem cutter Tim Condron is a person with 25 years of experience in the gem cutting industry. He is used to the best equipment. We have set up our lapidary with such machines. He is an artistic cutter through trial and error he has mastered the game cutting. He has a whole range of new cuts. This makes his cuts more valuable and sought after by the customer. WHY OUR GEMSTONES STONES ARE LESS IN PRICE:
Sri Lanka blessed with many gem-bearing lands. Gems are found in many parts of the country. Rathnapura is the main district where gems are found. The city of Rathnapura has known the world over for its precious gems. The city of Rathnapura was famous for centauries among foreign traders. This is the Sanskrit name given to the city “Ratha” means “Gem”, "Pura” means “City”. We have placed our rough stones buying office and the lapidary in the town of Nivithigala. Nivithigala is situated in the heart of the Rathnapura District. Around the 60-75 Km radius is full of gem mines. Nivithigala is the largest rough gem market in the country. More than thousand five hundred miners bring their rough to this market for sale. Miners sell their stones to the merchants. These merchants take them to offer merchants so on and so forth. This change hands about 4-5 times before stones go to Thailand, Hong-Kong, and to new York. The main gem centers in the world are as mentioned before. The European, American, and Japanese, Chinese and Indian buyers buy from these markets. They do a recut of these stones to become precision cut stones. When the stone moves from hand to hand and from country to country the stone becomes very expensive. In our case, we buy the stones directly from the miner and do the cutting and export to the customer. We turn out a good quality precision-cut gemstone at a very competitive price. MADE OF PAYMENT:
Due to many reasons such as money laundering and foreign currency restrictions Sri Lanka does not support Paypal payments. This is a very big disadvantage to customers as well as to the seller. Therefore to overcome this situation we have established a PayPal account in the USA. Also, we accept Bitcoins and Bit cash. SOURCING AFRICAN MINERALS:
In the last 30 to 40 years many gem deposits have been found in Africa. Madagascar, Tanzania, Nigeria, Zambia, Malawi, Rwanda, and Kenya are the main sources. Tanzania is the place where most of the stones are found. The city of Arusha has a big gem market. Traders from surrounding countries bring their finds to Arusha, Tanzania to sell. We have an office in Arusha to buy rough gemstones from miners and from traders. Since we buy directly from the source we could purchase rough stones at very attractive and competitive prices. We get them down to Sri Lanka and our master cut and carve them into masterpieces. Since we have cut off most of the middlemen our prices are good and attractive. SALE AND DELIVERY:
We provide free shipping to our customers. If not we inform them in advance. Also if we show something and deliver you with another and if the customer is not happy, the customer is given the option of returning the stones to our office in Arizona, USA. We will refund the money back to you. Please note we need to be notified and the stones need to be refunded to Arizona address within five working days from receiving the stone. CREDENTIALS OF CEYLON SAPPHIRE EXCHANGE (PVT) LTD:
We are a company duly registered under the company act of Sri Lanka. We are legally bound to do work within the legal framework of the country. Also, our company is registered with the Gem and Jewelry Authority in Sri Lanka as an exporter and importer of Gemstones with a license, and any malpractice or wrongdoing on our part the customer could complain to the authorities. Then we are bound by the laws of the land. TEST REPORT AND CERTIFICATES:
If any customer needs a test report we can provide a report from the Gem and Jewelry Authority of Sri Lanka. If not we could provide a similar certificate from a reputed private laboratory.