As in our previous blog, we have discussed about the thriving gemstone industry in Australia. In this blog, we are going to give the global buyers all the valuable information needed to determine the value of a gemstone and make their buying a memorable event.
There are a number of factors that determine the value and price of a colored gemstone. Just because a stone is a sapphire or emerald does not automatically mean it has a high value. That is the main reason stones such as diamond, sapphire or emerald, unless they meet certain categories and luster, have no value as gemstones and cannot be considered gems. A stone’s quality, which is directly connected to the stone’s lucidity, also functions to verify its price tag.
Take a look at some of the factors that determine the value of a gemstone–
- The Degree of Transparency
Colored Gemstones come in a multitude of hues, tones, shades, shapes and that makes it difficult to have a singular definitive price or a gem price index unlike Diamonds where range of color and shapes is very limited. Colored Gemstones must have a good, rich & desirable color. Every colored stone is priced high for its pleasant color. Neither too dark or over toned nor too light. Richer and better the color, higher the price of the gemstone.
Gemstone clarity is another consideration, but not as important as color. Gemstones that are perfectly ‘clean’ with no visible inclusions are usually priced higher. In general, the cleaner the stone, the better its brilliance.
Colored gemstones come in lots of different shapes, many more than diamonds. A good cut is something that may not cost more but can add or subtract a lot of beauty. A quality cut enhances the gem’s hue, tone, and saturation. A good cut will appear sparkly and have a desirable color, while a poor cut may have a nice color but appear dull.
Rarity in combination with demand is the biggest factor in determining a gemstone value. This is one of the reasons that larger gemstones can command a much higher price than smaller gemstones. On the other hand, a gemstone could be extremely rare but if there is no demand for it the price may be considerably lower than more common gemstones. A synthetic gemstone is sold at a low price to entice more customers toward the stone and to churn a huge profit.