Previously it was a British reverse auction loose gemstone shopping channel.

The channel operations are based at Eagle Road Studios in Redditch, near Birmingham.

The channel broadcast live between 19:00 and midnight daily.

The channel has replaced the former Gems TV 2 EPG slot on Sky.

On 13 December 2010, it was announced on Barry Kirley's official Facebook page that Gem Collector as a stand-alone channel would cease broadcasting by the end of December and would continue from January 2011 as a programming strand within Rocks TV, which in itself rebranded as Gems TV Extra on 1 January 2011 and moved from 647 to 656.