In recent years, social media has buzzed with discussions about the rising trend of mineral prices. But the situation is not that simple.

Generally, we find that there are still plenty of quality specimens at affordable prices. It just takes a bit of effort to find them, and the internet is a perfect tool for doing this. Where prices have risen, they have done so for the following reasons:

  1. Better Quality: Specimens today surpass the quality of those from years ago. Suppliers have learned how to take more care so fewer damaged specimens reach the market. 

  2. Screening: Miners have learned that it is more profitable to sell fewer high-quality minerals than many low-quality ones.

  3. Internet Accessibility: The internet allows miners in developing countries to see what their specimens are fetching abroad and to set prices accordingly. It often stops some dealers from exploiting them.
  4. Inflation: The impact of inflation touches every aspect of mining and mineral sales, reflecting rises in fuel and equipment costs and also expenses related to mineral shows and marketing.

  5. Fewer locations: The nature of mining is changing. Now massive machines scoop up and crush rocks with few opportunities of finding individual specimens. Moreover, access to collecting sites is declining due to various reasons like local restrictions and health and safety.

  6. Implicit Value: Some specimens command higher prices because they stand out from others. For instance, because they come from closed locations or from specific collections.

We try to price our specimens fairly. However, if a specimen fails to meet your value expectations, we invite you to use our two-week returns policy. Your satisfaction is essential for us.

 

The Assay House—Mineral Dealers of quality Mineral Specimens

CONTACT US

  • 20 Raeburn Way, Sandhurst, GU47 0FH, United Kingdom
  • +44 (0)7545 461 749
  • contact@theassayhouse.com

SOCIAL MEDIA

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