What describes the premium price for selecting stones from a parcel?

Choosing the term "pick price" accurately describes the premium price associated with selecting individual stones from a parcel. When a buyer opts to select specific stones from a larger grouping or parcel, they typically pay a higher price for the privilege of choosing their desired stones. This reflects not only the exceptional quality or rarity of the selected stones but also the added value and customization that comes with individually selecting them.

The concept of "pick price" is rooted in the jewelry and colored stone markets, where the overall parcel price is generally lower than the sum of the individual stones selected. This premium compensates for the buyer's ability to choose stones that meet their specific requirements or aesthetic preferences.

In contrast, terms like "market price," "premium price," and "individual price" do not capture this selection-based pricing structure as accurately as "pick price." Market price refers to the average price at which stones trade in the broader marketplace, while premium price is a more general term that could apply to any high price for a high-quality item, and individual price does not specify the context of selective buying from a parcel.