According to Future Market Insights‘ most recent estimates, the gemstone market will generate USD 30,779.1 million in 2022 and USD 53,146.2 million by 2032. Regardless of what you think about jewelry, there’s no denying that gemstones are a beautiful and valuable way to adorn yourself and your home.
However, not all gemstones are created equal: some of these stones can cost thousands of dollars.
This article will take a look at the seven most expensive gemstones around the world.
Sapphire Gemstone
Sapphire is the world’s most expensive gemstone. By 2028, the market size for sapphires is expected to have grown to 10,932.56 million dollars, with a CAGR of 6.52% (2021-2028). It is a transparent, durable, and highly valued stone in various colors. Sapphire is also tough and can be used to make jewelry or other accessories.
If you plan to buy it, you should consider its authenticity. The most important thing when buying valuable sapphire gemstones is to look at the clarity of the gemstones first. It will not be considered a sapphire if it has flaws or cracks. It is because it can derive its blue color from iron oxide impurities within the crystal structure of quartz, thus, making it inexpensive. It is also crucial to know how much carat weight your piece weighs. It will determine how much money you need to spend on it.
Pricing: Around $800-1,200 per carat.
Musgravite Gemstone
Musgravite is a blue-green gemstone discovered in Russia and the United States. Musgravite can be used as an ornamental stone or for jewelry. It is also used in the manufacturing of watch crystals and as a component in glassmaking and ceramics.
Musgravite has been known since at least 1958 but didn’t establish its name until 2008. Its color ranges from pale green to deep greenish blue to bright sky-blue hue with shades of violet or yellow. It also makes it unique depending on how it’s cut and polished, which makes sense because it’s part of the tourmaline group. The price varies widely depending on size, quality, color intensity, and clarity.
Pricing: Between $6,000 up to $35,000 per carat.
Serendibite Gemstone
If you’ve ever dreamed of owning a rare and exotic gemstone, Serendibite might be the stone for you. Serendibite is a rare gemstone found only in Sri Lanka. It’s valued as an ornamental stone with its beautiful deep blue color, and it’s also used in jewelry.
The name comes from an ancient island called Serendib or Ceylon, ruled by kings in Southeast Asia before the Portuguese conquered them. Those early kings used to wear this gemstone as part of their crowns and necklaces. Today, it’s still highly valued for its beauty and rarity. So, for example, if you have a necklace made with serendibite stones, people will know that it must have cost a lot. It is because there aren’t many people who can afford these gems, let alone make their accessories out of them.
Pricing: Around USD 18,000 per carat.
Taaffeite Gemstone
Taaffeite is a rare gemstone in Sri Lanka, Australia, and Madagascar. It was first discovered in 1892 by an Australian geologist named John Taaffe. The name of the stone comes from him.
The coloring of this gemstone ranges from pale pink to deep violet-red, with shades of green, blue or yellow also present in it. It makes its color unique, attracting many people towards it as they want to add this beautiful piece to their collection. Some people also like to wear it on special occasions only because of its high price tag and rarity factor.
Taaffeite was discovered to have developed due to metamorphosis caused during the Cretaceous epoch in the Madagascar area. Unfortunately, there are limited places where you can find this rare mineral. If you manage to get one, consider yourself lucky because most people who have tried finding one have failed miserably.
Pricing: Around $1,500 to $2,500 per carat.
Alexandrite Gemstone
Alexandrite was first discovered in 1830 and named after Alexander II of Russia. It is a rare gemstone with a unique color change from green to red. The color change occurs as the light source changes, making it even more special. It is impossible to tell whether the stone will be green or red without looking at it under different lights.
The most expensive specimens have been found in Sri Lanka, Brazil, Burma (Myanmar), Kazakhstan, Madagascar, and Tanzania. There are also some deposits in US states such as Virginia and Pennsylvania.
The most beautiful specimens of star andrite are those that are cut into cabochon or dome shapes. They have a vitreous luster, and the color change is best seen when placed under direct light.
Pricing: Around $15,000 per carat (upto 1 carat), and between $50,000 to $70,000 per carat (over 1 caret is priced).
Painite Gemstone
Painite is a rare gemstone discovered in Myanmar in the 1950s, and it ranks first on the list of the most expensive gemstones. Unfortunately, this stone is mined exclusively in Myanmar and China, so it’s pretty hard to find, even if you’re willing to spend a lot of money on it. Painite is rated 8 out of 10 on the Mohs scale for hardness. It is a little brittle, however.
Painite is sometimes considered to look like an emerald because of its color, but it’s a type of garnet, which explains why painite has such an attractive red color. So if you’re looking for a dark red stone with yellow undertones and vibrant blue flashes and are willing to pay up, this gemstone might be perfect for your needs.
Pricing: Between $50,000 and $60,000 price per carat.
Benitoite Gemstone
Benitoite is a rare gemstone, and it is also known as the California Blue Beryl. The first discovery was made in California in 1902 by James G. Douglas, who worked as a miner at that time. Emerald, aquamarine, heliodor, and morganite are the minerals that make up the beryl family, including benitoite.
Benitoite is similar to aquamarines, but it displays streaks of blue instead of green and has sharp needle-like crystals instead of a rounded one. These include those found in emeralds or beryls. It gives benitoites their unique look compared to other gems in their group.
The name ‘benitoite’ was given by Dr. Franklin Tripp, who discovered this gemstone while exploring the San Benito Mountains. He found these beautiful stones inside marble rocks during his trek through these mountains; subsequently, these stones were named after them.
Pricing: Between $6,500 to $8,500 price per carat.
These Gemstones Are Expensive, Rare, and in Demand
These are the most expensive gemstones in the world. They are known for their beautiful blue color and hardness. Musgravite, a mineral that occurs naturally, is more expensive than diamonds. Because of its high price and rarity, it’s a big deal if you find one. Serendibite is a blue-green-colored stone that can only be mined in Sri Lanka. Taaffeite is another rare gemstone from Madagascar, and its price depends on its color. The more vivid hues command higher prices. Again, they are rare but if you find them, consider yourself lucky to stand out as a part of the elites.
