Description
Determine appraised value of gemstones such as diamonds and pearls; study price guides, market fluctuations and grades of rarity.
Alternative labels
calculate gem’s value
determine value of gems
assess value of gems
compute value of gems
calculating value of gems
calculate value of gem
Skill type
skill/competence
Skill reusability level
sector-specific
Relationships with occupations
Essential skill
Calculate value of gems is an essential skill of the following occupations:
Jewellery designer: Jewellery designers use a variety of materials, including gold, silver and precious stones to design and plan pieces of jewellery that can have a wearable or decorative purpose. They are involved in the different stages of the making process and may design for individual clients or for mass production clients.
Jewellery and watches shop manager: Jewellery and watches shop managers assume responsibility for activities and staff in specialised shops.
Precious stone cutter: Precious stone cutters use cutting machines and tools to cut or carve diamonds and other gemstones according to diagrams and patterns while considering different specifications. They are experts at fabricating jewellery such as rings, brooches, chains and bracelets from gemstones.
Gemmologist: Gemmologists value precious stones by analysing their characteristics, cut, and provenience either for trading or for further polishing efforts. They asses stones and gems to give them a market value.
Optional skill
Calculate value of gems is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.
Specialised seller: Specialised sellers sell goods in specialised shops.
Pawnbroker: Pawnbrokers offer loans to clients by securing them with personal objects or items. They assess the personal items given in exchange for the loan, they determine their value and amount of loan available and keep track of inventory assets.
Jewellery and watches specialised seller: Jewellery and watches specialised sellers sell, maintain and clean jewels and watches in specialised shops.
Personal property appraiser: Personal property appraisers undertake detailed analysis and investigation of personal items such as books, wine, arts and antiques in order to determine their value for sales and insurance purposes. They assess the value of the items, taking into account the age, current condition, quality and if any repairs are required. Personal property appraisers prepare appraisal reports.
References
- Calculate value of gems – ESCO