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Field Notes

Field Notes and Market Intelligence

Notes from the buying trips and the laboratory literature. Written from Bangkok, between flights.

Global Sourcing Expeditions

November 2025
Field Note

Mahenge, After the Rush

Eighteen years since the great spinel find. What the hills produce now, and what the first wave got wrong.

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Technical Gemmology

March 2026
Field Note

Reading a Ruby in Poor Light

Back rooms have bad lamps for a reason. Notes on judging color when the seller controls the light.

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Investment Advisory

January 2026
Technical

What Unheated Means, and What It Costs

The word carries a premium of thirty to fifty percent. Where that premium comes from, and when it is worth paying.

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The next note follows the next trip.