The country is a major center in the world market for gemstones. As such, markets for gem rough and cut gems attract buyers from around the world. Thailand has hundreds of gem cutters and jewelery makers.
Loose Gems and Gem Rough Several areas have casual and "organized" markets where gem rough is dealt.
Maesai
- Maesai is located at the northern tip of Thailand in Chiang Rai province and a transit point and market for ruby rough. Much of the rough is smuggled from Mong Hsu and the Kachin State in Myanmar.
- An active market for rough gems east of the main road about 1 km south of the river is quite interesting. You will see mounds of rough gems on wooden table along the stret being inspected and bargained over.
- Farther south along the western border with Myanmar (Burma), Mae Sot has a smaller and quite diverse market for jadeite, faceted ruby, spinel, sapphire, gem rough and a variety of other gems.
- Much of this material comes from Mogok which is the the area of Myanmar that has produced some of the world's finest rubies and red spinels
- Several "markets" or areas of display are situated along the main street in town, one in an annex of a large Thai style hotel.
If Something Sounds Too Good To Be True It Usually Is Too Good To Be True
Gem Cautions and Scams
- Synthetics - Laboraty produced material is often sold as naturally occurring. The inexperienced buyer can be easily fooled into paying a high price for material which is produced very inexpensively
- Touts - usually taxi or tuk-tuk drivers waiting outside hotels and along the sidewalk in shopping areas will offer "unbelievable deals". At best you will pay a commission, often 20%.
- Tour guides - should not be taken on a shopping trip. They will likely be making a commission of 10 - 20% Intimidation - is a common tactic where a customer has been taken to a "private" shop back inside a soi. If you do not have the experience to deal with these situations, avoid them entirely. Simply get out of the taxi or tuk-tuk and walk away. If you are followed or threatened, find the nearest police box.
- Profit pitches - may claim that you are being offered such a deal you can make thousands of dollars on the gems when sold in your home country.
- Substituting - You may bargain for and pay for good quality natural gems and decide to have them set. But when you return to pick up the item, poor quality gems or synthetics have been substituted.
- Friendly strangers - Very pleasant and well-dressed Thais may approach you on the street saying they want to get acquainted, paractice ther language skills or do you a favor. Excuse yourself polietly and walk away.
If Something Sounds Too Good To Be True It Usually Is Too Good To Be True
Some Advice
- Unless you know gems or have a "good" referral, don't buy.
- The vast majority of ruby and sapphire rough must be heat treated before it will look good. So if you take it back home, who will heat treat it for you?
- If you buy gems, never take your eyes off them, take them with you; get them set back home Don't allow any items to be shipped; carry the items with you. Most western countries have very small customs duties on loose gemstones.
- Avoid "private" locations.
- Protect your credit card. Consider cash instead.
- Let yourself "cool off". Go back tomorrow if you really want it. You may decide that you really don't want it all that much. And you will also probably get a better deal.
- A customer's greed is a scam expert's most powerful tool