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Thursday, April 25, 2024

The Value of Independent Gemological Laboratories – Luxury Society – Thailand Asia’s Best Luxury Lifestyle Technology Innovation Community

The world of gemstone trade is fascinating for a number of reasons. On one hand, it’s a colorful industry full of interesting people with unique and peculiar backstories, while on the other, it has a nasty reputation for unethical business practices and shady dealings. For such high-value items such as gemstones, you always need to remember that the industry has a history with forgery and lying. For this reason, it’s important to always have gemstones examined by an independent gemological laboratory before you buy. 

Independent gemological laboratories came about for the very reason that they are used today. For many decades, the gem trade was governed by power and perceived trust. With no systems in check, a few companies began running the industry and lording power of anyone who tried to capitalize on it as well. They feared competition and…

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