Why Gemstones Are So Valuable

Why are gemstones so valuable?

Gemstones are beautiful pieces of nature that come from the earth that can be made into different types of jewelry. Gemstones are valuable: A lot of time, effort, and information go into mining gemstones. As time goes on, more and more natural gemstones are becoming rarer. As the cost of mining rises, these natural gemstones are harder to come by. Their value is constantly rising due to their scarcity, so one can make a profit from selling them as well.

Gemstone Evaluation

Photo via http://ow.ly/LLeKA

There is a lot of information that goes into the grading process of all gemstones. First of all, the color of the stone will play a huge part in determining the grade of the stone. The things that matter when it comes to color are the saturation, the hue, the tint, the tone, the grade, the clarity, the brilliance, and several other factors. Other things that are involved in the evaluation of each gemstone include the price per carat, the size, the flaws within the stone, and whether or not the gemstone was mined or produced.

Gemstone Mining

Gemstones are formed hundreds, thousands, and maybe even millions of year ago, so the gemstones that are available now are likely to be the only ones we have in this lifetime. Many mines around the world are empty because we have already gotten out the supply of gemstones available. Although many gemstones can be produced outside of Mother Nature's gemstone mines, these are not as valuable as natural stones found in the earth. Unfortunately, it costs gemstone miners to do their jobs, and the cost of mining continues to escalate as the supply of the natural gemstones gets smaller and smaller: Miners have to go deeper and deeper into the earth's surface in order to find these natural gemstones. This will cause gemstones to continue to grow in value as time goes on.

Rare Gemstones

Rare Ammolite gemstone worth $500k. Photo via http://ow.ly/LLkCE
Rare Ammolite gemstone worth $500k.

The rarer the stone is, the more it will continue to go up in value. Some of the more rare stones include opals, jade, colored diamonds, star rubies and star sapphires, cat's eye (asterism) stones, topaz, emeralds, rubies, sapphires, tanzanite, and several others. Because these are rare gemstones, they are slightly more valuable. The larger the stone, the more valuable it will be as well.

Investing in a Gemstone

Knowledge is key when it comes to finding the right gemstone in which to invest. When hoping to invest, start by searching different estate sales, jewelry liquidators, stores that may be going out of business, or possibly even garage sales or flea markets. Some folks may not know the value of possessions that may have belonged to someone who has passed away. Before making a purchase, be sure to know the ins and outs of that certain type of gemstone. Know the color scale, the types of cuts, the quality, and the carat weight that you are looking for. Once you have found the gemstone of your dreams, there are certain things that can be done to properly care for the stone. With proper care, gemstones can last in jewelry for many years and can be passed down from generation to generation.