14 September 2018
Mined from a single source more than 3,000 feet high in the Anatolian mountains of Turkey, the gem Csarite® has captivated millions since its discovery. Valued for its rarity and unique appeal, this gem is expected to command attention at the September Hong Kong Jewellery & Gem Fair.
The exceptional Csarite® returns to the September Hong Kong Fair to once again entice buyers at the AsiaWorld-Expo. The gem, traded by its namesake company, is said to be so rare that for every 10,000 diamonds cut and faceted around the globe, a single piece of Csarite® is unearthed.
It has a hardness of 6.5 to 7 on the Mohs scale, a natural brilliance and eye-clean appearance.
One of its most endearing attributes is its ability to change colour, depending on the time of day and lighting. Its colours range from softer hues indoors to a rich palette of kiwi greens under the sun to raspberry purplish-pinks in candlelight.
At the show, the company Csarite® is showcasing an extensive selection of top-quality gems in innovative cuts as well as fresh designs resulting from collaborations with various designers. The company also aims to shed light on impending price increases, which it regarded as “seemingly inevitable,” considering challenging mining conditions in Turkey.
Its new booth meanwhile pays homage to Csarite®’s unique properties. Images and videos of the excavation process will be made available to buyers in a bid to educate the trade about the stone. “Csarite® is in demand more than ever, with production becoming more difficult and costly every day, despite continued investments in equipment and infrastructure,” revealed the company. “Extraction of quality Csarite® requires more experienced personnel, technology and deeper exploration. Based on expert assessments, a carat price hike seems unavoidable.”
Current conditions could drive per carat prices of large stones to over US$1,000, the company added.
The price per carat of calibrated gems ranges from US$30 to US$200 while larger gems of over 5 carats cost US$500 to US$1,000 per carat.
US-based designer Jennifer Dawes displayed her Csarite® jewellery pieces at JCK Las Vegas earlier this year. She cited the stone’s defining characteristics as “natural and untreated, with tantalising colour-changing abilities and a smidge of chatoyancy or cat’s eye effect.”
Designer Jules Kim of Bijules, for her part, has designed Csarite® pieces worn by Hollywood star Rumer Willis. A responsibly sourced stone, Csarite® is extremely appealing not only to environment-friendly designers but to millennials as well.
The company said it is continuously making strides in educating the market about the prized Csarite® through media and celebrity engagements, social media posts and red carpet placements.