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6

he idea that some gemstones are

precious and others are only semi-precious

is familiar to every buyer of colored stones.

Precious stones - diamond, ruby, sapphire

and emerald - traditionally command high

prices due to their extraordinary color or bril-

liance and extreme rarity.

While the precious stones are deservedly

famous, the conventional distinction between

precious and semi-precious gems is laden

with myth and misconceptions. Let’s try to

sort out

some

of the myths from the reality.

One common misconception is that the

distinction between precious and semi-

precious gemstones is traditional, going

back many centuries. In fact it is a recent

innovation, dating only to the nineteenth

century. The first use of “semi-precious”

to mean “of less commercial value than

a precious stone” can be traced back to

only 1858.

Another misconception is that the list of

four precious gems has a long history. In

fact the traditional list of precious gem-

stones is rather longer and includes some

surprising members. Pearl was consid-

ered to be precious; so was opal. One of the