10 Most Expensive Gemstones in The World

People have long been enthralled by gemstones because of their eternal beauty, unique colours, and scarcity. Some gems are so rare and one-of-a-kind that they fetch exorbitant prices on the market, even if many have sentimental or aesthetic value. These most valuable gemstones are more than just jewellery; they are investments, status symbols, and occasionally even items that belong in museums.

We examine the ten most costly gemstones in the world in this blog, emphasising their unique qualities and the reasons for their high market values. This guide will leave you amazed by nature's most exquisite masterpieces, regardless of whether you're a gem aficionado or a collector.

10 Most Expensive Gemstone

Here is a list of the 10 most expensive gemstones of the world along with their price range and the reason which makes them the most expensive piece in the world.

1. Diamonds

Diamonds as we all know are the most expensive stones created on planet earth. The main reason behind the same is its composition, shine, exclusivity and much more. The important thing to notice though is that even diamond has mainly three broad categories which are the most expensive gemstone in the world. Those three categories of diamonds are as follows:

Blue Diamonds (Hope Diamond)

Estimated Price- up to ₹33,64,53,195 per carat ($3.93 million per carat)

Nothing compares to the renowned Blue Diamond as the costliest gemstone. This diamond, which has shattered several auction records, is renowned for its breathtaking hue and unmatched rarity. The Hope Diamond, which is kept at the Smithsonian Museum and weighs 45.52 carats, is the most well-known example.

In 2016, the 14.62-carat Oppenheimer Blue Diamond became the most expensive gem ever to be sold at auction when it brought $57.5 million. Its grandeur, history, and vibrant colour make up for its exorbitant cost.

Pink Diamonds

Estimated Price- up to ₹10,27,54,680 per carat ($1.2 million per carat)

Pink diamonds are extremely rare and have a stunning colour, making them one of the costliest precious stones. In a 2017 Sotheby's auction, the Pink Star Diamond, a 59.6-carat pink diamond with perfect internal condition, brought an incredible $71.2 million.

The main source of pink diamonds was mines in Australia's Argyle region, but they shut down in 2020, which increased the gemstone's worth even more because of the diminishing availability.

2. Jadeite

Estimated Price- up to ₹25,68,10,500 per carat ($3 million per carat)

The rarest, purest, and most costly gemstone in the jade family is jadeite, which should not be confused with regular jade. In Chinese tradition, deep green, clear jadeite is particularly valued as a symbol of immortality, purity, and protection.

In 2014, the Hutton-Mdivani Jadeite Necklace, one of the most famous jadeite jewels, brought $27.44 million. Jadeite is a very valuable gemstone because of its exquisite craftsmanship and rich cultural history.

3. Sapphire

Estimated Price- up to ₹1,15,55,795 per carat ($135,000 per carat)

Sapphire, sometimes referred to as the gem of royalty, is not merely a rich blue colour. Although the most popular sapphires are blue, fancy sapphires in pink, orange (Padparadscha), and green can fetch high prices. In 2014, the 392.52-carat sapphire, known as the Blue Belle of Asia, brought $17.3 million at auction.

The most sought-after sapphires are from Sri Lanka, Burma, and Kashmir. Because of its hardness, beauty, and historical significance, sapphire is one of the costliest precious stones in the world.

4. Ruby

Estimated Price- up to ₹10,10,12,130 per carat ($1.18 million per carat)

Known as the "King of Gemstones," the ruby stone represents strength, passion, and defence. At a Sotheby's auction, Sunrise Ruby, the costliest ruby ever sold, brought for $30.42 million. It came from Myanmar, which is famed for producing the best grade rubies, and weighed 25.59 carats.

Particularly sought-after and among the costliest precious stones in the world are rubies with "pigeon blood" crimson colouring.

5. Spinel

Estimated Price- up to ₹8,55,984 per carat ($10,000 per carat)

In old crown jewels, spinel is sometimes confused for rubies, but it is now finally getting the credit it merits. Vibrant shades of pink, blue, and red can be found in this uncommon gemstone. The best spinels are becoming more and more expensive, particularly the pink ones from Tanzania and the red ones from Burma.

Henry Philip Hope, a London financier, once held the 50.13-carat Hope Spinel, which sold for more than $1.4 million. One of the unappreciated yet valuable gemstones to keep an eye on is spinel, due to its increasing appeal and scarcity.

6. Alexandrite

Estimated Price- up to ₹59,91,893 per carat ($70,000 per carat)

Alexandrite, a rare variant of chrysoberyl, is an intriguing gemstone that turns red in incandescent light and green in daylight. High-quality alexandrite, which was first found in the Ural Mountains of Russia, is today extremely rare.

It is regarded as one of the priciest diamonds in the world due to its scarcity and optical distinctiveness. In addition to its attractiveness, collectors appreciate its striking colour change.

7. Emerald

Estimated Price- up to ₹2,61,07,537 ($305,000 per carat)

Colombian emeralds are some of the world's most precious jewels. Royals treasure them for their historical significance and verdant hue. Along with the rare, good quality green emerald, there are certain red beryl also present in the nature which is rare gemstone making them extremely expensive and in the top 10 most expensive stones.

One of the most expensive emeralds ever, the flawless 18.04-carat Rockefeller Emerald sold for $5.5 million, or around $305,000 per carat (₹2,61,07,537 per carat). Large untreated emeralds are quite uncommon and fetch high prices.

8. Musgravite

Estimated Price- up to ₹29,95,946 per carat ($35,000 per carat)

Musgravite, one of the newest and rarest diamonds known to man, was found in the Musgrave Ranges of Australia in 1967. It is practically impossible to find in the commercial market because only a few stones are extracted annually.

Musgravite is regarded as one of the costliest, most precious stones in the world of collectors because of its extraordinary rarity and unusual appearance, which varies from grey purple to olive green.

9. Black Opal (The Fire Within Darkness)

Estimated Price- up to ₹8,55,984 per carat ($10,000 per carat)

Black Opals are the rarest and most sought-after type of opals, and they are mostly mined at Lightning Ridge, Australia. An almost celestial display of fire and brilliance is produced by their dark body tone, which intensifies the vibrant colour play.

One of the most well-known black opal ever discovered, the Aurora Australis, weighed 180 carats and was worth more than $750,000 (₹6,41,98,862). Because of their unique patterns and depth, these enigmatic stones are frequently regarded as valuable gemstones.

10. Painite

Estimated Price- up to ₹51,35,908 per carat ($60,000 per carat)

In the 1950s, the uncommon borate mineral paynite was initially found in Myanmar. It held the Guinness World Record for the rarest gem in the world for decades because there were only two known specimens.

It is still extremely rare, even though new deposits have been discovered since then. Painite is prized by both gemologists and collectors for its intricate crystal structure and distinctive orange-red to brown colour. It is one of the most precious gemstones available today due to its uniqueness and allure.

Most Valuable Gemstone: Driving Price

Several things affect a gemstone's value and drive its price range per carat in the market. Some of those driving factors are discussed below:

• Rarity: More expensive diamonds are scarcer.
• Colour: Pure, vibrant, rich colours are more valuable.
• Clarity: Unless inclusions improve attractiveness (as in emeralds), they diminish the price.
• Carat Weight: The cost of larger stones increases dramatically.
• Cut Quality: The brilliance and value of a well-cut stone are maximised.
• Origin: Gems from well-known mines or areas are frequently more valuable.

Each of these most costly precious stones is a natural wonder, whether it's the awe-inspiring beauty of a Blue Diamond or the unearthly colour shift of Alexandrite.

Why High Value Gemstones Worth Investing?

Gemstones provide a timeless and portable kind of wealth, unlike stocks or real estate. This is the reason they are still a sought-after class:

• Appreciation: The value of rare gems tends to rise with time.
• Heritage: They are inherited from one generation to the next.
• Privacy: To possess them, no paperwork or registration is required.
• Luxury Appeal: Wearing a rare gemstone has greater emotional significance than anything else.

These priciest diamonds provide investors and collectors with both monetary gains and aesthetic enjoyment.

Conclusion

These most expensive precious gemstones, which range from mystical opals to royal diamonds, are evidence of the Earth's geological wonder. They convey history, anecdotes, and the very essence of luxury in addition to their monetary worth.

These expensive gemstones are the epitome of beauty and uniqueness, regardless of whether you're a jeweller, a gemstone enthusiast, or someone who aspires to possess a piece of natural magic.

Keep an eye out for these most costly jewels in the world they're worth every carat, whether you're looking to invest or just want to appreciate nature's most exquisite masterpieces!