Tag Archive : gem

How to Make Money by Selling Rocks (make $12,000 yearly)

Rockhounding is indeed a fantastic use of time and a quite addicting hobby, but you’re here to see if it also can be a source of income. I’m here to tell you that there are people who rockhound for a living, and many more people with careers dealing with rocks, minerals, and crystals, but it isn’t easy so I want to show you some of the opportunities and challenges that characterize this endeavor.

First, identify the route you will use to sell your finds. This can be your own rock shop, home setup, other local rock shops, online as raw finds, mineral, and rock shows, or through shops as homemade pieces. Then, make sure this route is reliable by networking. Then, and only then, research thoroughly and construct efficient searches.

Every step of the process depends on how you are looking to sell your findings. This article is here to help you customize your process depending on your circumstances for finding and selling.

Can you Make Money Selling Rocks?

You can make money and even a career out of selling rocks, but, like many other instances of hobbies-turned-careers, it is not easy and requires some perseverance, a whole lot of know-how, a few secrets, and more than a little luck.

It is my goal to get you started on the know-how track with this article and dive a little deeper into some specific aspects which will be the most crucial to you if you are just starting out.

Before reading the rest of the article, it’s important to decide what kind of money you want to be making by selling rocks. There are three options for you:

  1. Full-time job
  2. Side hustle
  3. A hobby which gives you some spending money

This article will get you started on all three, but it is important to decide now because, as with anything, making money a focus of your endeavors will bring up things like business plans and market research (which may or may not be what you are looking for, but definitely will restrict you in terms of how you find and deal with your rocks and minerals).

This section will explain the basic routes you can take specific to the start of the rockhounding process (finding, identifying, and dealing with raw material). If you are instead interested in polishing, faceting, or creating jewelry with minerals, see the next section.

Full-time Job Opportunities

No doubt you have seen rock shops around your town or other places you have gone. These are businesses like any other which will sometimes have owners and other employees working full time. Such positions usually involve:

  • buying entire collections,
  • browsing auctions,
  • buying from part-time rockhounds,
  • or shopping wholesale online.

Side Hustles and Hobbies

Because most of you probably do not want to start a rock and mineral tycoon in the business world, I will focus on passive income opportunities.

You may just like finding, identifying, or otherwise with rocks and you want a place for them to go, whether because you do not want them to just sit around your flat or because you’d like someone to benefit from them as much as you have while working with them.

Can you Make Money Gem Hunting?

Gem hunting is similar to hunting rocks in that you will be much less efficient in finding gems than a mining operation, your competitors. Another large barrier is most promising areas are owned by private claims and cannot be dug on. However, you have an advantage: you can find gems in places with smaller deposits or which are inaccessible for mining equipment.

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