Gemstones and Pearls
At Diamond Story, we source all of our gemstones and pearls from the most reputable and trusted gem merchants in the world. We believe that buying a gemstone should be a confident, informed experience which is why we take the time to educate every customer on what to look for and what questions to ask.Â
Whether you're looking for a custom gemstone ring, a stunning pendant, a pair of earrings, or a strand of pearls, understanding the key quality characteristics will help you shop with confidence and choose a piece you'll love for a lifetime.
Gemstone Education
Colour
Colour is the single most important quality characteristic of a gemstone. The finest and most desirable stones display intense colour saturation, a deep tone, and purity of hue. Because colour is so highly valued, the vast majority of gemstones available on the market today have been treated in some form to enhance their natural colour.
At Diamond Story, we supply both untreated and treated gemstones and will always be transparent about which you are purchasing. An untreated stone of fine colour is generally rarer and more valuable — and we'll tell you exactly what you're buying.

Clarity
Like diamonds, almost all gemstones contain inclusions — naturally occurring characteristics formed during the stone's growth. Finding a truly flawless gemstone is extremely rare. The good news is that inclusions do not have to be a cause for concern.
We only source gemstones that are eye clean — meaning any inclusions are not visible to the naked eye under normal viewing conditions. You get the beauty of a fine stone without worrying about visible flaws.

Shape or Cut
Gemstones differ from diamonds in one important way: they are generally cut to maximise colour, not sparkle. There is no single ideal cut range for a coloured gemstone — the cut depends entirely on the stone's natural characteristics.
A gemstone with higher colour saturation is typically cut more shallow to allow more light through, softening the intensity. A stone with lighter colour saturation is usually cut deeper to concentrate and maximise the colour. Understanding this helps explain why gemstone cuts can look very different from one another — and why each cut decision is intentional.

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Size
Most gemstones are classified by diameter or dimensions rather than carat weight. This is because different gemstone types have different densities — meaning five stones of the same carat weight can look significantly different in actual size.
The top view dimensions tell you how large the stone will appear when set in jewellery. However, the depth is equally important to consider — gemstones are typically deeper than diamonds, so a setting may need to be made or selected to accommodate the stone's profile. Our team will always advise on the right setting for your chosen stone.

Enhancements
The vast majority of gemstones available today have been treated in some form. Natural, untreated stones of exceptional colour do exist but they are rare and command a significant premium.
The most common treatment is heat enhancement, which deepens or improves a stone's colour. Clarity enhancement is also used in some stones to reduce the visibility of inclusions. At Diamond Story, we are fully transparent about any treatments applied to every gemstone we sell so you always know exactly what you're buying.

Pearl Education
Pearls have always been among the most sought-after items in fine jewellery — timeless, elegant, and unlike any other gem. Today, the vast majority of pearls on the market are cultured pearls, grown by suppliers under carefully controlled conditions. Truly natural pearls are now extremely rare.
A cultured pearl is formed by implanting a tiny bead by hand into an oyster, which then gradually coats it in layers of nacre — the lustrous organic material that gives pearls their distinctive glow. Understanding the different types and quality characteristics of pearls will help you choose the right piece with confidence.
Types of pearls
There are four main types of pearls available today, each with its own distinct character, size range, and price point:
• South Sea Pearls — the largest and most prestigious, grown in the warm waters of Australia and Southeast Asia.
• Akoya Pearls — the classic round white pearl, primarily cultured in Japan and known for exceptional lustre.
• Tahitian Pearls — naturally dark and exotic, ranging from charcoal to deep black with stunning overtones.
• Freshwater Pearls — the most widely available and affordable, grown in rivers and lakes across China.

Pearl Colour
Pearls come in a wide range of natural colours, including white, cream, yellow, pink, silver, and black. Many pearls also display an overtone a secondary colour visible under certain lighting conditions that adds depth and complexity to the pearl's appearance. Overtone colours such as rose, green, or blue can significantly increase a pearl's desirability.
Pearl Lustre
Lustre the quality of a pearl's shine is the most important indicator of value. The better the lustre, the more light reflects off the pearl's surface, giving it that distinctive glowing, mirror-like quality that makes fine pearls so captivating.
Larger pearls tend to have superior lustre because they carry more nacre. When choosing a pearl, always look for sharp, bright reflections on the surface a sign of high nacre quality and excellent lustre.
Pearl Shape
While most people associate pearls with a perfectly round shape, pearls actually come in a wide variety of forms including oval, drop, button, semi-round, and baroque (irregular, freeform shapes).
Round pearls are the rarest and most in demand, commanding the highest prices. However, large, high-lustre baroque pearls are also highly prized for their organic beauty and individuality. No two baroque pearls are exactly alike which makes them a compelling choice for custom jewellery.
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Pearl Size
Pearl size is measured in millimetres and varies considerably by type:
•Freshwater Pearls — typically the smallest, ranging from 3mm to 7mm on average.
•Akoya Pearls — generally range from 6mm to 9mm.
•Tahitian Pearls — typically range from 9mm to 14mm.
•South Sea Pearls — the largest, growing up to 18mm and beyond.
As a general rule, larger pearls are rarer and more valuable — particularly when combined with excellent lustre and a round shape.

 Pearl Care
Pearls are organic gems and require different care to diamonds and gemstones. One of the best things you can do for your pearls is simply wear them — the body's natural oils help keep pearls looking lustrous and hydrated.
However, there are a few important rules to follow:
•Never clean pearl jewellery in an ultrasonic cleaner.
•Never use chemicals, perfume, or hairspray directly on pearls.
•Wipe pearls gently with a soft, damp cloth after wearing.
•Store pearls separately from other jewellery to prevent scratching.
With the right care, a fine set of pearls will remain beautiful for generations.
Let Us Help You Find Your Perfect Gemstone or Pearl
At Diamond Story, we source our gemstones and pearls from the world's most reputable gem merchants and we take pride in making sure every customer understands exactly what they are buying. Whether you're after a sapphire ring, an emerald pendant, a strand of South Sea pearls, or a fully custom gemstone design crafted in our Melbourne in-house workshop, we are here to help.
We offer both in-store consultations at our Melbourne CBD showroom and free virtual appointments via Zoom — so no matter where you are in Australia, you can access our expertise. Our GIA-affiliated specialists will walk you through every option with honesty, patience, and a genuine passion for finding the right piece for you. Call us at 03 9642 3649 and book your free consultation.Â
Frequently Asked Questions
Do you sell both treated and untreated gemstones?
Yes we supply both treated and untreated gemstones and are fully transparent about which you are purchasing. We will always disclose any enhancements applied to a stone before you buy.
What does 'eye clean' mean for gemstones?
'Eye clean' means any inclusions in the stone are not visible to the naked eye under normal viewing conditions. We only source eye-clean gemstones so you can enjoy their beauty without visible flaws.
Can I have a gemstone set in a custom ring in Melbourne?
Absolutely. We design and craft custom gemstone rings in our Melbourne in-house workshop. Book a free consultation — in-store or via Zoom — and our team will bring your vision to life.
What are the most popular gemstones you carry?
We source a wide range including sapphires, emeralds, rubies, tanzanite, aquamarine, and opals, among others. Contact us or visit our Melbourne showroom to discuss what's currently available.
How do I care for pearl jewellery?
Wear pearls often — the body's natural oils keep them lustrous. Always avoid ultrasonic cleaners and chemicals, wipe gently with a soft damp cloth, and store separately from other jewellery.
What is the difference between cultured and natural pearls?
Natural pearls form without any human intervention and are extremely rare. Cultured pearls are grown by implanting a bead into an oyster under controlled conditions — they are the same organic material and equally beautiful, just more widely available.
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