What is meant by the 'high-end market' in gemstones?

Study for the GIA Colored Stones Test. Enhance your knowledge with flashcards, multiple choice questions, and detailed explanations for every answer. Prepare to excel in your exam!

The term 'high-end market' in gemstones specifically refers to a segment that deals with fine-quality, expensive gemstones. This market is characterized by items that are generally superior in terms of quality, rarity, and craftsmanship. Here, gemstones are often graded based on criteria such as color, clarity, cut, and carat weight, which contribute to their overall value. High-end gemstones typically come from reputable sources, often carry certification from recognized gemological institutions, and may be accompanied by unique characteristics that elevate their desirability among collectors and connoisseurs. The clientele in the high-end market often seeks to invest in pieces that are not only visually stunning but also hold intrinsic value due to their quality and rarity.

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