Experts at Catawiki online auction constantly accept jewelry with Fake Emeralds for sale.
Catawiki is an expert-curated online auction house, and every lot offered for sale is reviewed by an expert, which means it should be safe to buy there. But is it? Research shows that jewelry with fake gemstones is being sold on this auction website continuously. So, a question arises – are Catawiki experts no experts at all, or do they benefit from fake items being sold?
What is Catawiki?
For those who don’t know much about Catawiki, it is worth mentioning that Catawiki is an Amsterdam-based (Netherlands) online auction house for unique objects. It gained massive global popularity during 2014 – 2016 and closed $82 million Series C round of financing from international investors to support its growth in 2015.
Catawiki was also named one of the 500 fastest-growing European companies and received Deloitte Technology Fast 500 EMEA Award in 2015. Today it has 14 million unique monthly visitors and auctions off 50,000+ specialized lots each week.
Why should it be safe to buy on Catawiki?
Everyone who has been buying gemstones or jewelry online on a regular basis, be it eBay, liveauctioneers.com, or any other auction website or store, would know that there are high odds to buy a fake item or at least something that is not quite as good as the item presented by its photos and description.
eBay, for example, is full of scam, fake gemstones and jewelry that are shamelessly and repeatedly being sold as the real thing. In this regard, Catawiki appears to be a whole different story, for all its auctions are curated by professional auctioneers, who are supposed to be experts in their respective field.
To be more specific, “expert-curated” at Catawiki means that as a seller you cannot list and sell whatever you like. Instead, you submit your lot (its description, photos, any certificates or documents) to an auctioneer, who then reviews each lot individually and either approves it, requires additional information (adjustments), or rejects it.
Obviously, an expert traditionally is called “expert” for a good reason: because he or she has expertise in the respective field, and that should serve as a warranty for others who are not experts in that field that they can rely on expert’s opinion and buy safely. But is it all that good in practice as it is in theory?
Fake emerald jewelry: No problem for expert-auctioneers
Jewelry with all kind of fake gemstones is being sold on Catawiki; however, one type especially stands out: jewelry with fake emeralds, which is being sold on Catawiki in substantial quantities. How come? In most cases, it should be easy to determine it is fake.
Obviously, the problem lies with the experts who do not see what should be obvious for anyone calling oneself an expert. I am not saying that they are not jewelry and/or gemstone experts or even graduate gemologists.
Let’s assume for the moment that they are; otherwise, why would Catawiki hire them in the first place? However, to be able to evaluate a piece of jewelry or gemstone based on its photos and description alone takes a whole different set of qualities, knowledge, and experience than a gemologist or expert would use under normal, real-life conditions.
You do not have an option of holding that piece of jewelry in your hands, examining it under a microscope, or using other equipment a gemologist would normally have at hand. All you have is photos and description the potential seller has provided.
Still, with a full sense of responsibility I can say that it is possible to tell the fake from the real thing in most cases, and where it is not, Catawiki expert-auctioneer has the authority to request additional information and proof. So, there is no excuse for accepting fake jewelry for sale, especially if that happens on a regular basis. That being said, let’s get to the core of the issue.
An expert ought to know it is fake 1: Visual characteristics
Emeralds possess a wide range of hues and shades of green, ranging from light green to intense green. Inclusion free emeralds is a huge rarity; their process of formation is very complex and takes hundreds of millions of years; therefore, it occurs as a highly included gem. Emerald has numerous characteristic inclusion patterns, and an expert should be aware of those.
More information on emerald inclusions can be found here: https://www.gia.edu/gems-gemology/winter-2016-inclusions-natural-synthetic-treated-emerald
Natural emeralds do not have the kind of inclusions and color zoning that can be seen in the photos below (Figures 1-12). One of the most noticeable characteristics is the color zoning where there is a sharp transition between vivid green sectors and colorless sectors within the stone as if fractures of a colorless stone had been filled with a green, foreign substance that had not been able to penetrate the stone beyond those fractures.
The other is color itself – it is unnatural for emeralds to have such specific light, vivid green color.
An expert ought to know it is fake 2: Never in Silver!
Oh, come on, emeralds as big as tens of carats (the biggest I have noticed so far is 31.38 carats) set in sterling silver?! It must be a joke!
Traditionally the dilemma in such cases is whether to set this size of emeralds in 14K gold, 18K gold, or platinum as the last two are perceived to emphasize the gemstone’s value to a greater, more appropriate extent, but silver as a setting is never a choice for gemstones of this caliber.
Silver is a cheap metal (around 0.50$ per gram), and as such it would substantially undermine the value of any valuable gemstone (Figures 13-16). Even gemstones worth only a few hundred dollars are extremely rare to be found in silver settings, not to mention gemstones more valuable than that.
If those were real emeralds, they would cost thousands and the biggest of them – up to tens of thousands of dollars! Thus, to set such a gemstone in silver would be an option only for somebody who is absolutely insane as that’s a safe way of losing money, most likely – a lot of money.
Should an expert know that? Absolutely! I would even say that you do not have to be that much of an expert to understand that, but for an expert it should be… obvious.
An expert ought to know it is fake 3: Certificates
Most of the Catawiki’s fake emerald jewelry is being sold with funny certificates, which might appear as an extra or added value for a regular person but should serve as the red flag for an expert. Most of those are GGL (www.globalgemslab.org) certificates of authenticity on cheap, credit card size plastic (Figures 17-25).
The funny thing about these certificates is that you can actually track them at GGL’s website, which obviously is supposed to make them look like a serious gemstone certification lab, like GIA, IGI, or GRS Swisslab. I truly believe that this is a nice marketing move (if anything like that can actually be said about scammers), and I have no doubt that it works to deceive a regular person on most occasions.
The truth, however, about these certificates is that they are not worth the plastic they are printed on. Literally. Oftentimes even the measurements given in the certificate substantially differ from the stone’s true dimensions (I have witnessed that myself; probably I will write a separate post on this issue with specimens and photos).
However, even that is not the most important thing – a true expert should know what is going on in the online marketplace, should know what and where is being sold, and what type of scam is taking place; thus, an expert should be aware that there are tons of those “emeralds” with GGL certificates (original, verifiable at www.globalgemslab.org) available on eBay at prices as low as 1$ to 4$ per carat.
An expert ought to know it is fake 4: Expert’s estimate (appraisal) or
do they actually know?
How can it be explained that a piece of gold jewelry with an emerald as big as tens of carats (the biggest weights staggering 31.38 carats; see photos below) is appraised at 200 to maximum 400 EUR (Figures 26-30)?
These appraisals are so shocking that I was speechless when I first saw them.
Note that there is the value of gold used in making the item; in addition, there is the cost of work, and jewelers are not cheap. So, after deducting those expenses, what is left for the emerald itself?
If you look at the appraisal’s lower end, it is literally zero; if at the higher – maximum 100 to 150 EUR! Again, you do not have to be an expert to understand that it is completely insane, impossible! Those stones, if they were natural emeralds, would cost thousands of dollars.
So, is there any reasonable explanation for such appraisals? I see only one – they know what they are doing, they know that these are not real emeralds, and they knowingly take part in deceiving buyers. Do not forget – they are skillful “experts” at the fastest growing online auction house in Europe…
When unprofessionalism reaches the level where nothing matters
When an expert pays no attention to the gemstone’s visual characteristics which clearly indicate that something is wrong with the gemstone, obviously fake certificates, suspicious fact that what should be extremely expensive gemstones are set in cheap silver settings, and when appraisals are obviously inconsistent with what the real emerald jewelry would cost, could it get any more unprofessional than that?
Surprisingly, yes! It appears that for Catawiki’s experts it is not a problem to ignore something that is in black and white. A few examples: 1. The description says (Figures 31-33): “Silver pendant with natural emerald of 4.70 ct…”, while the certificate clearly states that the emerald weights 5.10 carats. The same item’s description says that the measurements of this emerald are 10.85 x 7.06 mm, while the certificate states that they are 11.37 x 7.01 mm.
Does this certificate belong to the emerald in question, or it has nothing to do with this emerald at all? It is also possible that the weight and measurements given in the certificate do not match the emerald’s actual weight and measurements, in which case it tells a lot about the actual trustworthiness of those certificates. Apparently, Catawiki’s experts do not care;
2. The description says (Figures 34&35): “Treatment: Only Colorless Oil”, while the certificate states: “Heated”. It is a huge difference but not for Catawiki’s experts, obviously.
I presume that enough evidence has been provided for anyone to be able to draw their own conclusions.
I would like to highlight only one important aspect: the extensive evidence provided clearly indicates that it is not a single, isolated case of unprofessional (and most likely intentional) behavior resulting in buyer deception and fraud; it is a general pattern of accepted behavior at Catawiki auction house.
And it is not a single expert engaging in such behavior, either; I have indicated at least five of them (see screen-shots above).
Is it their own incentive to engage in such unethical activities, or do they receive their orders from the management remains unclear.
However, one is absolutely clear – the buyers have substantially overpaid for something they did not even intend to buy, for something that is not the real thing.
Some of the unluckiest buyers, as you can see, have paid as much as 1000 EUR plus 9% auction fee, plus shipping expenses (totaling more than 1100 EUR) for a few grams of sterling silver worth 3$ and a fake gemstone that can be bought for 10$ to 20$ on eBay. Not the best investment, right?
This is exactly the reason we say: Buy smart or don’t buy at all!