Are you looking for something more precious than gold? Look no further! Precious gemstones are here, and they are just what you need to add sparkle and shine to your life.
From diamonds and rubies to sapphires and emeralds, these precious stones’ names may be familiar, but do you know about their value and all their fascinating stories?
Let’s explore the world of precious gems together, discover their captivating tales, and learn which ones are most valuable. So buckle up – it’s time to get gemological!
What are Precious Stones?
Precious gems are rare, durable minerals that form in the depths of Earth’s mantle and crust. They possess an intrinsic beauty, rarity, and hardness (which may vary depending on composition). As a result, they make ideal adornments for jewelry and decorative items.
The unique characteristics of these precious stones make them highly sought after on the gemstone price chart. They exhibit an array of vibrant colors, from deep and mysterious dark blues to sparkling clear diamonds – each one a reflection of its captivating history.
Plus, their exceptional hardness makes them highly durable, ensuring they can be passed down for generations.
A List of Precious Gemstones by Value and Price
Now that you know what precious gemstones are, let’s take a look at all the precious gems you could potentially add to your collection. Here’s a list of the most valuable precious stones, their names, and their prices:
1. Diamond
Diamonds are the hardest and most pricey of all kinds of gemstones, yet they are also the most versatile due to their availability in a wide range of hues and unparalleled brilliance. From the fuchsia -pink of the famous Graff Pink diamond to the fancy yellow of the Taylor-Burton, diamonds are a timeless addition to any collection.
How Much Do Diamonds Cost?
Diamonds come in all shapes and sizes, which affects their price significantly. The most expensive diamonds are known as ‘fancy’ diamonds. These are irregularly-shaped stones with intense color saturation and brilliance. Round diamonds are the most common, but their shape also affects the price. Generally, the bigger and rounder they are, the more expensive they will be.
For a 1-carat diamond, the price is roughly between $2,000 and $15,000. The exact cost depends on the quality of the diamond, including its color, clarity, and cut.
Why are Diamonds Considered Precious Gems?
Diamonds are considered precious gemstones because of their rarity, enduring beauty, and unmatched hardness. In addition to jewelry, diamonds are also used for wedding ring bands and other industrial purposes due to their unique strength.
Are Some Diamonds Valuable than Others?
Yes, some diamonds are more valuable than others. The most expensive diamonds have higher grades for color, clarity, and cut. In general, bigger diamonds are more valuable than smaller ones since they cost more to purchase and take longer to produce.
Moreover, some colors, such as pink or blue, are rarer than white diamonds and, therefore, more expensive.
Legends and Interesting Facts
Diamonds have a long and fascinating history. Some ancient Greeks believed that if you placed a diamond under your tongue, you would get the ability to predict the future since they saw diamonds as the tears of the gods.
One of the most famous diamonds in history is the Blue Hope Diamond. Many individuals throughout the diamond’s lengthy history claimed to have met untimely deaths after possessing it, leading to the widespread belief that the stone was cursed.
Price Chart Based on Color
| Diamond Color | Price per Carat |
| White/Colorless Diamond | $2,000 to $15,000 |
| Pink Diamond | $7,500 to $100,000 |
| Green Diamond | $15,000 to $200,000 |
| Yellow Diamond | $2,500 to $50,000 |
| Orange Diamond | $5,000 to $80,000 |
| Blue Diamond | $7,500 to $150,000 |
| Purple Diamond | $10,000 to $200,000 |
| Brown Diamond/ Coffee Diamond | $2,000 to $20,000 |
| Red Diamond | $20,000 to $250,000 |
| Black Diamond | $2,000 to $30,000 |
2. Ruby
Next up on the list of precious gemstones is the ruby. Rubies are especially popular with ladies because of their vibrant red hue and durability, making them perfect for fine jewelry. They have a long history of being favored by kings and elite members of society, making them a precious gemstone that will last many lifetimes.
How Much Do Rubies Cost?
The cost of rubies can vary greatly depending on size, color, and clarity. The most expensive rubies are vivid red with no visible inclusions and have a natural color saturation. Generally, the bigger the stone, the higher the cost. For a 1-carat ruby, you can expect to pay anywhere from $500 to $20,000 or more.
Why are Rubies Considered Precious Gems?
Rubies are considered precious gemstones due to their rarity and beauty. They also have a higher refractive index than most other gems, which makes them sparkle and shine like no other. Rubies are a timeless symbol of royalty, luxury, and love, making them a perfect choice for rings, earrings, and bracelets for women.
Are Some Rubies More Valuable Than Others?
You may have to shell out more cash for higher-quality rubies. Rubies with fewer inclusions and a more even color saturation tend to be more expensive than those with visible inclusions or less intense color.
Additionally, rubies from certain countries are more sought-after and cost more than their counterparts from other countries. For example, Burmese rubies have a reputation for being among the highest quality and most expensive in the world.
Legends and Interesting Facts about Rubies
Rubies have been a precious gemstone since antiquity, and they were believed to bring good fortune to their owners. The ancient Chinese believed that rubies held the power of life, while the Greeks associated them with Aphrodite, their goddess of love.
In the Middle Ages, rubies were thought to be a magical stone that could bring good luck, health, and protection against negative energies.
Price Chart Based on Country of Origin
| Ruby Origin | Price Per Carat |
| Burmese Ruby | $10,000 to $30,000 |
| Thai Ruby | $500 to $15,000 |
| Sri Lankan Ruby | $500 to $10,000 |
| Cambodian Ruby | $1,500 to $20,000 |
| Vietnamese Ruby | $500 to $2,000 |
| African Ruby | $1,000 to $5,000 |
| Indian Ruby | $100 to $2,000 |
| Brazilian Ruby | $100 to $3,000 |
| Tanzanian Ruby | $1,500 to $15,000 |
| Australian Ruby | $500 to $2,000 |
3. Emerald
The rich green of emeralds is one of the most striking colors in the world of precious gemstones. This vivid hue has made these stones a favorite among royalty, celebrities, and people from all walks of life. Emeralds are known for their versatility and can be used to create truly stunning jewelry pieces.
How Much Do Emeralds Cost?
The 4Cs are the basis for emerald pricing (color, clarity, cut, and carat weight). Generally, prices for 1-carat emeralds start from around $250 to over $30,000 for the finest quality stones. Some of the most expensive emeralds in the world are even more valuable than diamonds of the same size.
Why are Emeralds Considered Precious Gems?
Emeralds have long been a symbol of wealth, power, and love throughout the centuries. They are one of the rarest gems in the world, making them highly sought-after by jewelers and collectors alike. They have a unique ability to bring out the beauty of their wearer, and they also make for beautiful gifts.
Are Some Emeralds More Valuable Than Others?
The most expensive emeralds are those with a deep, vivid green color and few inclusions. The fewer inclusions, the more valuable and rare the emerald is. Larger stones are also more expensive than their smaller counterparts and those with a higher clarity grade.
Additionally, emeralds from certain countries, such as Colombia and Brazil, are more valuable than those from other parts of the world.
Legends and Interesting Facts about Emeralds
Emeralds have been coveted by emperors, kings, and queens for centuries. In the Middle Ages, people thought emeralds had magical properties and could bestow upon their owners knowledge, prosperity, and happiness. According to ancient Persian legends, the earth was created from an emerald.
Price Chart Based on Country of Origin
| Emerald Origin | Price per Carat |
| Colombian Emerald | $2,000 to $30,000 |
| Brazilian Emerald | $500 to $15,000 |
| Zambian Emerald | $250 to $10,000 |
| Mozambique Emerald | $1,500 to $20,000 |
| Russian Emerald | $250 to $2,000 |
| African Emerald | $100 to $5,000 |
| Indian Emerald | $100 to $2,000 |
| Madagascar Emerald | $100 to $3,000 |
| Pakistani Emerald | $1,500 to $15,000 |
| Australian Emerald | $500 to $2,000 |
4. Sapphire
Last but definitely not least, sapphire is one of the most popular and precious gemstones available.
From its deep blue hue to its versatility in jewelry pieces, many have adored sapphires. Its beauty, durability, and rarity make it ideal for usage in engagement rings and other one-of-a-kind jewelry.
How Much Do Sapphires Cost?
The 4C’s determine the cost of a sapphire (color, clarity, cut, and carat weight). Generally, sapphires cost between $250 and $15,000 for 1 carat. The price of sapphires can be higher or lower depending on the stone’s quality, origin, and size.
Why are Sapphires Considered Precious Gems?
Sapphires have been a symbol of power and wealth for centuries. They are known for their striking blue hue, which makes them a favorite among jewelers, and sapphire engagement rings are particularly popular. Sapphires also come in other colors, such as pink, yellow, orange, and green.
Are Some Sapphires More Valuable Than Others?
The most valuable sapphires are those with a deep, vivid blue color and few inclusions. The fewer inclusions, the more valuable and rare the sapphire is. Larger sapphires are also more expensive than their smaller counterparts, as well as those with a higher clarity grade.
Additionally, sapphires from certain countries, such as Burma and Sri Lanka, are more valuable than those from other parts of the world. The most expensive sapphire shades are known as “Royal Blue” and “Padparadscha.”
Legends and Interesting Facts about Sapphires
It is believed that sapphires have magical powers which can protect their owners from envy and harm. Ancient Greeks believed that sapphires enabled them to see the future. Other legends state that wearing a sapphire symbolizes loyalty, faithfulness, and wisdom.
Price Chart Based on Colors
| Sapphire Colors | Price Per Carat |
| Blue Sapphire | $250 to $15,000 |
| Pink Sapphire | $50 to $2,000 |
| Yellow Sapphire | $150 to $5,000 |
| Orange Sapphire | $200 to $5,000 |
| Green Sapphire | $150 to $2,000 |
| Purple Sapphire | $300 to $2,000 |
| Black Sapphire | $100 to $4,000 |
| White Sapphire | $50 to $2,000 |
| Padparadscha Sapphire | $500 to $20,000 |
| Royal Blue Sapphire | $2,000 to $30,000 |
| Teal Montana Sapphire | $100 to $2,000 |
| Gray Sapphire | $50 to $500 |
Famous Precious Jewels and Their Owners
Curious about which famous celebrities or royal figures own the most precious stones? Here is a list of some of the most precious stones in the world and their valuable owners:
| Name of Precious Gem | Owner | Price |
| The Hope Diamond | King Louis XIV of France | $250 million |
| The Lesotho Promise Diamond | King Letsie III of Lesotho | $12 million |
| Cullinan Diamond | King Edward VII of Britain | $400 million |
| The Bahia Emerald | Bahia Mining Company | $90 million |
| The Millennium Star Diamond | De Beers Group | $200 million |
| Koh-i-Noor Diamond | Queen Elizabeth II of Britain | $100 million |
| The Wittelsbach-Graff Diamond | Lawrence Graff | $80 million |
| The De Grisogono Diamond | Fawaz Gruosi | $63 million |
| The Sancy Diamond | Henry III of France | $25 million |
| The Centenary Diamond | De Beers Group | $100 million |
| The Princie Diamond | Princely Family of Hyderabad | $39 million |
| The Sunrise Ruby | Cartier Jewelers | $30 million |
| The Heart of Eternity | De Beers Group | $16 million |
| The Golden Jubilee Diamond | King Bhumibol Adulyadej of Thailand | $12 million |
| The Moussaieff Red Diamond | Moussaieff Jewelers | $7.5 million |
| The Orlov Diamond | Tsar of Russia | $6 million |
| The Blue Heart Diamond | Cartier Jewelers | $7.5 million |
| Rockefeller Emerald | John D. Rockefeller Jr. | $5 million |
| The Dresden Green Diamond | Augustus the Strong of Saxony | $4.5 million |
| The Allnatt Diamond | Alfred Ernest Allnatt | $3 million |
| The Star of Asia Sapphire | Smithsonian Institution | $500,000 |
How to Take Care of Precious Gemstones
It’s no secret that owning precious gemstones is both a luxury and an investment. Whether it’s a sapphire, diamond, emerald, or ruby – these gems are valuable and deserve to be treated with care. So, if you’re the lucky owner of one of these exquisite stones, here are some tips to ensure your precious gemstones stay in top condition:
Clean and Inspect Regularly
To keep your gemstone looking its best, use mild soap and lukewarm water to clean it. Also, inspect the stone for any chips or scratches every few months.
Store Separately
Storing multiple precious stones together can scratch them, so store each individually in either a soft cloth pouch or a velvet-lined box.
Keep Away from Heat, and Sunlight
Heat and direct sunlight can cause fading, so try to keep your precious gems away from both whenever possible.
Bring it to an Expert for Cleaning
If you want to ensure that your gemstone is adequately cleaned, bring it to a professional every year. They will be able to thoroughly inspect and clean your jewel so it looks its best.
With these tips in mind, you can take proper care of your precious gemstones and rest assured that they’ll stay looking gorgeous for years! And don’t forget – the right insurance policy is essential too. That way, if your gemstone ever gets lost or stolen, you’ll be able to get it replaced and have full coverage.
FAQs
Yes, you should always get insurance for your valuable jewelry pieces. That way, if they are ever damaged, stolen, or lost – you’ll be able to get full coverage and a replacement piece.
No – direct sunlight can cause fading and discoloration, so it’s best to keep them away from any heat or light sources.
You should bring your gemstones to a professional for cleaning and inspection every year. That way, they’ll stay looking their best.
Know the Value of the Precious Gem You’re Buying
When it comes to precious gemstones, there’s no denying their beauty and value. But precious gems come with a hefty price tag, so it’s essential to know the deal before you purchase one. We’ve listed some of the most expensive precious gems above, but even the cheaper stones have a higher price tag than other jewelry pieces.
So, if you’re looking to add some sparkle to your life, be sure to do the research and know what it’s worth. That way, you’ll be sure that your investment is worth it!
