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Gemporia is a British television and online jewellery retailer. The main television channel operated by the business is Gems TV, a reverse auction jewellery shopping channel, the first dedicated reverse auction channel in the UK.
TGGC Outlet (The Genuine Gemstone Company Outlet) was a British reverse auction clearance jewellery shopping channel. The channel was available on Sky and online. The channel's operations were based at Eagle Road Studios in Redditch, near Birmingham.
Gems TV is a British reverse auction jewellery shopping channel, officially the first reverse auction in the UK [citation needed] and was known as the first British channel just to sell gemstones. [4] Gems TV first launched at 4 pm on 8 October 2004, after the channel was formed by Steve Bennett and founders of Eagle Road Studios and Thaigems.
Metal can still be sold in bulk to a bullion dealer or smelter for the value by weight of the component metals. Similarly, jewelry that contains genuine gemstones, even if broken or missing pieces, have value. The pawnbroker assumes the risk that an item might have been stolen.
The global jewelry market size was valued at USD 353.26 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2030. [ 87 ] According to a 2007 KPMG study, [ 88 ] the largest jewellery market is the United States with a market share of 31%, Japan , India , China , and the Middle East each with 8–9 ...
Diamonds can be sold already set in jewelry, or sold unset ("loose"). According to the Rio Tinto, in 2002 the diamonds produced and released to the market were valued at US$9 billion as rough diamonds, US$14 billion after being cut and polished, US$28 billion in wholesale diamond jewelry, and US$57 billion in retail sales. [110]
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