Gemewizard Releases GemePrice 4.0 Pricing System for Gems and Jewelry
March 30, 15
(IDEX Online News) – Gemewizard has announced the release of GemePrice 4.0, the latest generation of its price list and pricing system for colorless and colored diamonds, gemstones and jewelry.
New features in the system include second-color moderators for colored diamonds, more gemstone types and an improved jeweler's station that enables pricing of a complete jewelry item.
The new version also introduces a redesigned user interface, which is compatible with touch screen computers, tablets and smart phones. In addition, new visual guide rulers were added for transparency, clarity and cut grades in gemstones.
In the Gemstones Mode, new gem types were added to the list, color borders and grading rulers were refined and updated, and gemstone-treatment descriptions were revised to correspond to the AGTA-CIBJO-ICA coding system.
One of the most important additions is the option of a second color-moderator (e.g. brownish pink orange), which was added to the Colored Diamonds Mode, thus effectively expanding the number of fancy color combinations to more than 1,800.
New tools were added to the system, designed to improve the user experience. These include a color converter application, which allows the user to convert Gemewizard codes into equivalent GIA, Munsell and CIE LAB terminology, and also RGB and CMYK numerical values.
Like the earlier generations of the system, GemePrice 4.0 allocates prices to gems according to the color codes generated by Gemewizard. The system offers an exclusive solution to the international gems and jewelry market, displaying the exact color combination along with the price and relevant gem parameters.
The prices quoted by GemePrice 4.0 are generated and authenticated by an analysis of tens of thousands of fancy colored diamonds and gemstones valued at more than $500 million, being offered for sale at any particular time online, as well as prices allocated by a panel of industry experts and real-time commercial data.
"Our goal in developing GemePrice 4.0 was to improve the user experience and also the accuracy of the application. Together with fancy diamond experts, our team has dedicated more than a year of research to create our unique second color-moderator engine, and to fine-tune existing grades and colors," said Gemewizard founder Menahem Sevdermish.