I guess MUS is looking at presenting high to medium quality regularly to the auctions/buyers so you establish a reputation for the quality.
I can see your point on the lower quality, that is also necessary and part of the market. Then why not a 2 tiered system of selling? It doesn't seem available, but no reason why it can't be implemented.
If you have the supply, then separate the lower quality out from the higher quality, and offer it at a different auction process. This keeps the higher carat average return for higher quality at the proper level, and so the lower return on lesser quality is kept in perspective.
You also don't waste time for the higher end bidders, and the lower quality buyers are in their known range of bidding.
I am guessing the market won't be sensible and think of this, but it would make sense on many levels.
Easy to see, but not so easy to implement with the oddities of the ruby marker, as too many don't see past their normal boundaries.
Interesting thought though. Thanks.
Cheers
gsmaree
MUS Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
