Iowa City, IA (WiredPRNews) – Pennys on the dollar? Honestly thats only a SMALL exaggeration. Diamonds, colored diamonds, precious and semi-precious gemstones conjure up all forms of magnificent dollar signs in our minds. However, I’ve recently been in contact with a disabled woman named Pennie who has been quietly accumulating a database of over 470,000 diamonds and gemstones from wholesalers across the US and Europe. And guess what? Many are totally mispriced! They are indeed almost selling for pennys on the dollar! So many in fact, that she has finally opened her very unique and most unusual diamond and gemstone website just this week.
Her love of diamonds and gemstones started when she was young helping her Aunt Mary price estate rings, pendants necklaces and brooches for an antique shop. Although Pennie went on to become an RN and worked as such until disability overtook her, she developed a fantastic knowledge of diamonds and gemstones by taking courses through the Gemological Institute of America where she did not receive her degree, but has developed more knowledge than the average jeweler at the store.
She says “My theory paid off, I am getting fantastic one-of-a-kind gemstone jewelry pieces like I wanted but never guessed just how many “mistakes” these wholesalers are making These wholesalers don’t specialize in diamonds and gemstones so they just price for the profit amount that pleases them I guess.” She goes on to say that her website is completely stocked with below wholesale high quality diamonds and gemstones often having GIA Certificates. She now has far more than enough plain wholesale loose and set diamond and gemstones for a full store, but her website will only specialize in the huge mispriced below wholesale items she locates nearly every day in her database. She says they are ever changing and needs updating about every 4 days.
I was able to learn about some of her exquisite pieces she has on her website at this very moment and I zoomed in on some of the most expensive pieces. For example:
Two fancy colored blue diamonds between 1.40 to 1.45 CT each and priced around $4,100 but one retails for $13,800 and the other an awesome $21,000.
Then, her “Clear Diamond” page lists about 125 clear diamonds with GIA Certificates which she selected that are (if you’re diamonds saavy) all D – H and only VS2 or above all selling for minimum of $3,000 below low retail!.
Next thee is a two toned platinum natural rubie 3 stone ring. The rubie is 3.92 CT and the two matching side diamonds total 0.71 CTW selling for only $8,800, should retail at $26,000 (triple its price!)
A dark blue strong star sapphire ring of 9.7 CT with a half carat of side diamonds priced at only $2,500, retails between $8,000 and $12,000.
Rare huge emerald pendant of 17.70 CT selling for $9,800 (she guesses this will retail for $45,000 or be grabbed by an Investor)
Royal Blue Cylon Sapphire Ring of 13.34 CT with side diamonds of 1.64 CTW selling at $15,800 when Pennie says it should also be double at $36,000. You can see in the photo, the sapphire is so large you can’t see the ring band!
Rare set of beautiful emerald earrings with 12.32 CT emerald each side for a total of 24.64 CTW emeralds selling for $16,300 when it should be double at $33,000 Pennie says.
This list has primarily been very expensive pieces that I zoomed into but be assured there are plenty of $300 to $500 fantastic buys of all sorts at the website. Plus she has provided a One-Of-A Kind GUARANTEE that gives the buyer complete confidence.
There are individual full listing pages for Colored Diamonds, Clear Diamonds, Sapphires, Emeralds, Tanzanite, Loose Sapphires, Loose Rubies, Loose Emeralds and Loose Tanzanite. Plus she has a Miscellaneous Gemstone Page of all sorts fantastic jewelry. Pennie says “I want the buyers to clearly see every facet of the piece they are looking at, so I resized and enlarged the pictures”.
She’s only marking up the prices enough to make the website pay for itself and to earn it’s own fancy web design since it is now a very humble home made web site. But, she is now able to let the everyday Joe buy a pink diamond for his wife he couldn’t afford otherwise, investors are in heaven and eBayer Sellers have their own special program on the site. These are all the ways Pennie is getting fine diamonds and gemstones to the public with extremely low costs. She says the prices range from $300 to $40,000 and she has something special for every budget all at nearly pennys on the dollar! Plus diamonds and gemstones are liquid assets which can be turned into emergency cash for higher prices than they paid if the need arises.
Pennie intends to work 40 hours a week for the website and personally care for each client’s wishes. Her goal is to get off of Social Security Income and provide for herself. She is starting to do this by taking a few of her awesome finds and selling them for profit in Cedar Rapids, Iowa 30 miles from her. In this way, she’ll earn her own income from this venture also. She’s providing Live Chat, her phone number and email address on the website and states she will return messages the same day. While most webmasters attempt to run their websites on auto-pilot, Pennie says she will be available 7 days a week.
Pennie has steadfastly developed this entire website on a shoestring budget due to her disability income. She has spent hundreds upon hundreds of hours accumulating, logging and isolating the fantastic buys. She individually picked every single stone on the website and entered it herself. Her humble home made site will just have to be accepted until the website pays for itself and earns the glories of a professional designer. Anyone can visit her website at PenniesFineJewelry.com. The stones listed in this report are still available as of today April 15th since hardly anyone knows about her yet. If you’re interested in any of them, beat tracks to get there before someone else grabs them.