The Most Expensive Gemstones In The World

Some of the most precious natural riches on the planet are gemstones. Throughout history, people from all over the world have valued them for a variety of reasons. They are noted for their religious symbolism even though they are most frequently used as ornaments. Such stones have long been prized for their purported therapeutic properties.

The Most Expensive Gemstones In The World

All gemstones have a unique charm be they precious stones like Sapphires, Rubies, and Diamonds or semi-precious like Amethyst, Quartz, or Agates. Each is made unique in its own manner by it. Despite this, certain gems are rarer than others, and hence these are expensive gemstones. That has a huge impact on how much they are worth. Size, quality, and colour are further significant determinants. The top ten gemstones in the world are listed here.

expensive gemstones

Tanzanite

Tanzanite

The first gem on our list is Tanzanite, found for the first time in 1967, and only discovered in northern Tanzania, in the foothills of Mount Kilimanjaro, as you would have inferred from its name. After Tiffany and Co. started employing the stone in their jewellery, tanzanite gained popularity.

The intense blue-violet tint of this gemstone sets it apart from a sapphire. Even while $1,200 may not seem like a large amount (particularly when compared to the other gems on this list), the market anticipates a massive increase in the price over the next 20 to 25 years. That is mostly brought on by the declining tanzanite supply.

Red Beryl

However, only the red Beryl extracted especially in the Wah Wah Mountains of Utah has been of gem quality. Red Beryl has also been discovered in parts of New Mexico, Mexico, and Utah. They display several various darker red hues, all of which are very enthralling. In the beryl family, which also includes emeralds, one of the rarest gemstones in the world.

As a result, collectors occasionally refer to red beryl as the “red emerald”. Red beryls frequently have inclusions and fractures, just like emeralds. If you can discover one for sale, the price per carat for this unusual gemstone might go as high as $10,000.

Musgravite

Another gem that was first found in Australia in 1967 is musgravite. The area where it was discovered, Musgrave, gave it its name. Only eight musgravite stones of gem quality were extracted in 2005. That demonstrates just how uncommon it is. The few colours discovered ranged from a translucent olive green to a greyish purple. This gemstone is extremely rare, making a price estimate difficult. However, most experts estimate it to be worth around $35,000 per carat.

Alexandrite

Alexandrite

A rare stone that can change colour is called alexandrite. This makes Alexandrite both incredibly attractive and precious. Although they were initially discovered in Russia in 1833, they have also been mined in Tanzania, India, and Sri Lanka. It’s interesting to note that they are rarely found larger than one carat.

As a result, the purchase value increases exponentially when a larger stone is up. For instance, a single carat may cost $15,000, but a larger stone may cost up to $70,000 per carat. The Smithsonian Institute is home to the 65.08-carat cushion-cut Alexandrite that is thought to be the largest faceted specimen in the entire world. It is worth over $4 million.

Emerald

Emerald

Emeralds are among the most well-liked gemstones in the world and are prized for their vivid green hues. primarily found in the following four nations: Brazil, Colombia, Zimbabwe, and Zambia. The majority of emeralds on the market have slight flaws. As a result, when a flawless natural emerald becomes available for purchase, it can fetch astounding prices.

Experts predicted the unprecedented “Rockefeller Emerald” sale would set records when the auction company, Christie’s announced it. The well-known American business magnate and philanthropist, John Davison Rockefeller bought the 18.04-carat rock for his wife. It was afterwards passed down to their son before being privately sold. It was purchased for $5.5 million, or $305,000 per carat, at the Christie’s auction. The price per carat made it the most costly emerald ever sold.

Ruby

Rubies, sometimes known as the “King of Gemstones,” come in a variety of vivid red tones. They range from pink to a deeper shade of crimson. This blazing gemstone represents a great zeal for life and desire. Through the ages, cultures have carried down this interpretation that red signified blood.

A remarkably rare Burmese ruby sold for over $30 million in 2015 at a Sotheby’s auction in Geneva. As a result, the 26-carat stone, known as “The Sunrise Ruby” after a poem by the eminent Rumi, a poet who lived in the 13th century, sold for $1.18 million per carat. The price is astounding, making it the most costly diamond ever sold.

Pink Diamond

Pink Diamond

Pink diamonds are undoubtedly the rarest of all coloured diamonds, while all coloured diamonds are uncommon. These pink-hued stones make up less than 0.1% of the total annual production of diamonds in the world. The price per carat of the exquisite pink gemstones routinely exceeds $1 million when they reach auction.

A magnificent pink diamond weighing 59.60 carats was purchased for a record-breaking $71.2 million in 2017 at a Sotheby’s auction in Hong Kong. Each carat costs $1.19 million. The largest Fancy Vivid Pink diamond ever given an Internally Flawless rating by the Gemological Institute of America is known as the “Pink Star” diamond.

Blue Diamond

The blue diamond, one of the world’s most storied gemstones, brings our list to a close. Due to its scarcity, the most prestigious collectors in the world gather in line whenever a blue diamond is scheduled to be offered at auction. When a stunning emerald-cut Vivid Blue diamond measuring 14.62 carats arrived at Christie’s Magnificent Jewels auction in Geneva in 2016, this was unquestionably the case.

In honour of its previous owner, the diamond was given the moniker “The Oppenheimer Blue” and sold for a total of $57.5 million. While the Blue Diamond currently holds the record for the most valued price per carat at $3.93 million, the Pink Star diamond shattered the record for the most expensive jewel ever sold.

Conclusion

The top 10 gemstones in the world are listed here. Which one would you choose, if you could only pick one? It’s important to keep in mind that even while certain gemstones may be the most expensive, they may not necessarily be the most unique. As an illustration, pearls are the only gemstones that originate from a living thing.

One of the most timeless accessories that may completely complete any ensemble is a pearl necklace. Next, though turquoises are not as scarce as red beryls, they have a unique beauty. Last but not least, topaz is a remarkable gemstone in its own right despite not being the most expensive. Choose the stone that has special meaning to you, whatever you decide to do.