According to YouTuber JadeMist Gaming, gem polishing is lucrative enough to net you over 50,000 Florins in an hour. The YouTuber is later in the game, but their farm method caters to early players finishing up with the Saltwater Mines.
You will need to have all the floors in Saltwater Mines unlocked with seals on them for easy teleporting and a Gem Polisher. In addition, eating food like Fish and Mushroom Soup before starting will keep your energy and mining efficiency up while farming.
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Once you’re ready, teleport to floor 15 of the Saltwater Mines. Next, mine every gemstone as you head to the bottom. Aquamarine and Topaz are the best raw gems to gather in this dungeon, and once you’ve done a run to the end, polishing these rough jewels will increase their value.
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You can rinse and repeat this process to make thousands of Florins. In later Fae Farm dungeons such as the Floating Ruins and Scorched Caverns, you should set your sights on farming Emerald, Diamond, Rose Quartz, and Sapphire.
Nothing else quite beats gem polishing in terms of profit, so it’s likely to be your primary source of income. It can be a long process, but it’s worth doing if you have the time and patience.
Fae Farm is now available on Nintendo Switch and PC.