Tuesday March 9, 2010      

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Treasure - Gemstones

"He held the electric torch before him and peered cautiously into the darkened opening.  Everywhere came the glint of precious gold, lapis lazuli, emeralds, and precious stones, untouched for over 3,000 years. "What do you see?" asked Carnarvon.
"Wonders beyond my dreams..."

From an account of the opening of
Tutankhamon's Royal Tomb, 1908

Treasure, the word itself calls to mind the riches of El Dorado and the fabulous jewels of royalty.

For centuries mankind has placed a high value on gemstones and gold.

Concepts like "status", "wealth", and "luxury" all focus on these commodities. This association is cultural and exists in all parts of the world.

Gemstones and gold are objects of primary value, against which the values of other commodities are determined.

People have always wanted to possess gemstones. This desire insures a continuing demand for gems and a strong international market.