SAPPHIRE SEPTEMBER BIRTHSTONE

SEPTEMBER  BIRTHSTONE

 SAPPHIRE

 Ancient Artifacts & Treasures, Inc.

                                                                     

Sapphire, September’s is a variety of the gem species corundum and occurs in all colors of the rainbow. Pink, purple, green, orange, or yellow corundum are known by their color (pink sapphire, green sapphire, etc). Ruby is the red variety of corundum.  Sapphire is the hardest substance after diamond and often used in industries as an abrasive.

This gem is associated with dignity, loyalty, serenity, faith, purity and wisdom.  The sapphire has been popular since the Middle Ages and, according to folklore, will protect your loved ones from envy and harm.  Medieval clergy wore these gems to symbolize heaven, while commoners thought the gem attracted heavenly blessings.

In olden times, it was common for warriors to gift their wives a necklace made of sapphire to ensure their fidelity. It was believed that the color of this gem would darken if worn by an unfaithful or unworthy person.

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Collecting and Investing

Collecting and Investing

By John McIntosh

Ancient Artifacts & Treasures, Inc.

 

80,000,000 B.C: A Tyrannosaurus rex missteps and finds itself mired in a sink hidden beneath the underbrush. Millions of years later, a paleontologist the skull. In 2016, the T-rex’s restored skull sells for the high price of $1.8 million.

Tyrannasaurus Skull

On June 6, 2013 a mineral specimen of Rose Quartz hit a record high of $662,500 at auction. At the same auction, an aquamarine crystal sold for $158,500.

The “Ides Of March” Denarius, an ancient Roman silver coin struck by Brutus after assassinating Julius Caesar, sets a record price of $546,250.

Ides of March Denarius

These are all examples of the strange and wonderful world of collectibles. While there is no denying the thrill of owning a T-Rex skull or an Ides of March denarius, much cheaper collectibles will still give an owner the thrill of owning and displaying a nice collectible.

All That Glitters …

 The reason we began by discussing a fossil, a mineral and coin is that people have no qualms about calling them collectibles. However, when you speak about diamonds, gold and other precious materials, people tend to call them investments. In theory, these materials – and even stocks – could be termed collectibles because their price is based more on what people are willing to pay for them (their market value) than on their actual intrinsic value. But in the practical world, precious metals have an intrinsic value.

They’re not liquid and no sure thing, but collectibles can be a profitable investment. Rare instruments, for example, have doubled in value during the past ten years, and vintage wristwatches have gone up by about 5% per year. In baseball card collecting the Honus Wagner is the holy grail; last year Arizona Diamondbacks owner Ken Kendrick paid a record $2.8 million for the highest-graded one in existence.

Minerals, in particular, are so hot that Dallas-based Heritage Auction Galleries created a new department for them in March and plans to hold two mineral-only auctions per year. The finest specimens of tourmaline, rhodochrosite and crystallized gold are fetching more than $1 million apiece—about five times what they sold for five years ago, Heritage says. (See “If Facebook Delivers (Or Disappoints), Try Minerals.” Forbes, May 18, 2012)

People collect for a variety of reasons besides making money: to achieve status (for instance, to be able to say they own the finest ancient coin); because they’re drawn to a particular type of item or genre of art; or out of a desire to own a piece of history or complete set (for example, by collecting every penny minted in the U.S.).

Collect What You Like

If you like an item, the chances are many others will also like it, and you get pleasure from it while you own it. Don’t try to time the market by investing on the basis of current fads or what you think will be the next hot item. Instead, collect for the long haul and collect what you like.

Still, that doesn’t mean you shouldn’t collect items you’re passionate about. Los Angeles urologist William Sloan, 70, is a lifelong amateur violinist. During the 1980s Sloan bought a Stradivarius for $400,000 and a Guarneri del Gesù for $300,000, financing most of the purchases with high-interest (about 13%) loans from a Toledo bank. He paid off the loans within a decade, and today those rare instruments together are worth more than $12 million.

Collecting can be an emotionally fulfilling hobby as well as a potentially lucrative investment. However, it is also an illiquid, very inefficient market with little regulation. Nowhere else does the phrase “buyer beware” seem more applicable. So, here are some tips that savvy art collectors know that you should keep in mind as you start to build your collection.

Buy with your Eyes, not your Ears

Buy what interests you and have a point of view. Some art buyers are so caught up in what they hear is hot that they are buying other people’s tastes and then end up living with works they don’t like that they can’t get rid of. Also, many better known collections have a theme or focus. Collectors with a point of view often become known and sought after for their collections.

Knowledge is Power

This may seem self-evident or at worst patronizing to say, but knowledge truly is power. Become an expert or at least knowledgeable enough to distinguish the fabulous from the fake. Try to learn from a pro who has no financial stake in helping you—say, another collector rather than a dealer.

If you can’t become an expert yourself, find one you trust to guide your purchases. Having a trusted expert, like an advisor, who works for you alone and not a gallery or auction house can help you make sense of the motivations of different players in the market place and of the prices.

Quality retains and often increases in value.

Savvy buyers understand that a brand name can only take you so far and seek out “best-in-kind,” meaning they’d rather own a top condition coin rather than the same coin in much worse condition.

Financial Rewards often accompany those who have invested emotionally in the process.

It’s like anything else in life: the more you put in, the more you get in return. Spend the time and do your homework, seek out experts, understand the market place, don’t get caught up in trends and you will build a collection that is both emotionally and financially rewarding.

Here at Ancient Artifacts & Treasures Inc., we have the both the knowledge and the items to help you in your collecting and investing.

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Ruby – July’s Birthstone

 

Ruby Group      JULY BIRTHSTONE     

RUBY 

 Ancient Artifacts & Treasures, Inc.

Like a perfect red rose, the Ruby has a rich red  color that speaks of love and passion.  It is called the “Rajnapura” or King of Gems by ancient Hindus. July’s birthstone is among the most highly prized of gems throughout history.

The Ruby was considered to have magical powers, and was worn by royalty as a talisman against evil.  It was thought to grow darker when peril was imminent, and to return to its original color once danger was past—provided it was in the hands of its rightful owner!

The word Ruby comes from the Latin “ruber,” meaning red.  It is a variety of the mineral Corundum, and is found as crystals within metamorphic rock. It comes in a variety of colors, and is considered a Sapphire in any color except red, which is designated as a Ruby.  Rubies range in hue from an orangey red to a purplish red, but the most prized gems are a true red in color.  Large sized Rubies are very rare and valuable.

It has been said that the Ruby’s red glow comes from an internal flame that cannot be extinguished, making a gift of this stone symbolic of everlasting love.  With its hardness and durability, it is a perfect engagement gem.  And if worn on the left hand, ancient lore has it that the Ruby will bring good fortune to its wearer, too!

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Earth’s Rarest Minerals

Earth’s Rarest Minerals

By Jonathan Amos

BBC Science Correspondent, Washington DC

  • 
From the section 
Science & Environment

 Image copyright ZX

Fingerite from El Salvador is “a perfect storm of rarity”

 

Scientists have categorised the Earth’s rarest minerals.

None of 2,500 species described is known from more than five locations, and for a few of them the total global supply could fit in a thimble.

The researchers say it is important to hunt down these oddities because they contain fundamental information about the construction of our planet.

Some will also undoubtedly have properties that are useful in technological applications.

The list appears in a paper published in the journal American Mineralogist. It is authored by Dr Robert Hazen, from the Carnegie Institution in Washington DC, and Prof Jesse Ausubel of The Rockefeller University, in New York.

“Scientists have so far tracked down 5,000 mineral speciesand it turns out that fewer than a 100 constitute almost all of Earth’s crust. The rest of them are rare, but the rarest of the rare – that’s about 2,500 minerals – are only found at five places on Earth or fewer,” Dr Hazen told BBC News.

“And you ask: why study them; they seem so insignificant? But they are the key to the diversity of the Earth’s near-surface environments.

“It’s the rare minerals that tell us so much about how Earth differs from the Moon, from Mars, from Mercury, where the same common minerals exist, but it’s the rare minerals that make Earth special.”

 

Image copyright R.DOWNS/UOFNEVADA

The entire world’s supply of cobaltarthurite would probably fit into a thimble

Minerals are combinations of chemical elements arranged into crystalline structures. Earth’s rocks are built from different aggregations. Think of feldspar, quartz and mica – these are the ubiquitous species that everyone knows.

But cobaltominite, abelsonite, fingerite, edoylerite – these are examples that will not form unless the “cooking conditions” are absolutely perfect.

The atomic ingredients must sum exactly, the temperature must be precise to the degree, and the pressure will have to be defined in the narrowest of margins.

And then, some will immediately fall apart when they get wet or the sun shines on them.

Edoylerite, metasideronatrite, and sideronatrite are examples of vampire-like minerals that decompose on exposure to light.

Nevadaite is only known from just two locations: Eureka County, Nevada, and a copper mine in Kyrgyzstan

Hazen and Ausubel have put their list of 2,500 species into four broad categories of rarity that speak to the conditions under which they form, how rare their ingredients are, how ephemeral they are, and the limitations on their sampling.

“Fingerite is like a ‘perfect storm of rarity’,” said Dr Hazen.

“It occurs only on the flanks of the Izalco Volcano in El Salvador – an incredibly dangerous place with super-hot fumeroles.

“It’s made of rare elements – vanadium and copper have to exist together, and it forms under an extremely narrow range of conditions. If you just change the ratio of copper to vanadium slightly, you get a different mineral. And every time it rains, fingerite washes away.”

The new catalogue allows scientists to begin to gauge just how large the reserves of a particular mineral ought to be, and where those reserves might be. And for the technologically useful ones, this will have enormous value (although it is often possible to synthesise these minerals industrially).

But the exercise also provides important insights on Earth itself. Many of these minerals would be absent altogether if not for the presence of biology, which moderates the chemical environment in which minerals forms.

In that context, the paper contributes to the Deep Carbon Observatory project, an international venture that seeks to understand carbon’s role in the Earth system.

It is thought there are just over 100 carbon-bearing minerals out there waiting to be found.

Hazenite: Microbial “poop”

Dr Hazen actually has an entry named after him in the catalogue.

Hazenite is only known from Mono Lake, California. It forms when the phosphorus levels in the lake get too high, and the microbes in the water, in order to survive, have to start excreting it from their cells.

The resulting tiny, colourless crystals are essentially microbial “poop”.

“Yes, it’s true – hazenite happens,” said Dr Hazen.

Ichnusaite: Contains the radioactive element thorium and lead-like molybdenum, with only one specimen ever found, in Sardinia

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