صدى البلد البلد سبورت قناة صدى البلد صدى البلد جامعات صدى البلد عقارات
Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

AGTA Bans Lab-Grown Gemstones from Shows


Gold Service

Thu 11 Apr 2024 | 12:57 PM
Waleed Farouk

The American Gem Trade Association (AGTA) has declared its trade shows synthetics-free zones from next year.

Starting at the AGTA GemFair Tucson 2025, the organization will not allow exhibitors to display loose lab-grown stones or jewelry comprising them, it said in a statement .

“Considering how disruptive lab-grown diamonds have been in the market, the AGTA [board of directors] decided to take a stance on man-made gemstones at its fairs to thwart potential confusion,” the statement continued. “It’s perfectly acceptable for AGTA dealers to sell synthetic gems if they choose and so long as they are disclosed, but for the sake of clarity and peace of mind, buyers attending AGTA GemFairs can shop knowing that only natural gems will be available for purchase.”

AGTA, based in Dallas, Texas, describes itself as the “authoritative source on natural colored gemstones.” Its shows are among the most important events on the colored-gemstone industry calendar, with more than 8,000 buyers and 300 exhibitors attending the annual Tucson fair every February. Another AGTA show also takes place in Las Vegas in late May and early June, around the time of the JCK Las Vegas show.

“AGTA felt that it needed to be crystal clear to buyers that when they attend an AGTA show, they know that they are only shopping mined natural gems from the earth,” said Kimberly Collins, president of the AGTA board of directors and owner of Kimberly Collins Colored Gems. “AGTA dealers pride themselves in sourcing superior gems that are rare, beautiful, and natural.”

Synthetic gemstones lack the inherent value and dichotomy of color that their natural counterparts possess, the statement added.

“AGTA was founded in 1981 to represent the interests of wholesale dealers of natural gemstones, cultured and natural pearls,” commented AGTA CEO John Ford. “The board’s decision is consistent with the core purpose upon which AGTA was founded.”

AGTA said it recognized the GIA’s definition of synthetic gems as “man-made material with essentially the same chemical composition, crystal structure, and optical and physical properties as the natural gem material.”

Synthetic gems, however, are not minerals, AGTA noted ­— citing the British Geological Survey’s and US Geological Survey’s definitions of a mineral, which require them to be natural.