World’s Most Expensive Gem Stones

World’s Most Expensive Gem Stones

World’s Most Expensive Gem Stones

Anyone who appreciates fine jewelry is always on the lookout for that perfect piece to add to his or her collection. Whether you collect for a hobby or for business, or you simply love to wear jewelry and show it off to impress your friends, then you’ll want to be sure you know the right pieces to look for. Jewelry comes in all shapes, sizes, colors and cuts. There is no end to the possibilities. However, if you’re specifically looking to purchase gemstones then these are the top choices you need to add to your collection.

1. Colored Diamonds

Of course, diamonds are a girl’s best friend, and when it comes to beautiful gems it all starts and ends with diamonds. However, if you want to take it up a notch then you need to consider colored diamonds. Did you know diamonds even came in other colors? These are some of the rarest gemstones in existence. For example, the 59.6-carat Pink Star diamond recently sold for $71.2 million, making it the most expensive gemstone to ever sale. Not too far behind is the Oppenheimer Blue a 14.6-carat stone that sold for $57.5 million. That’s a lot of green for some colored rocks.

2. Rubies

High-quality rubies have recently joined this list of most expensive gemstones, as they now average more than $1 million per carat. The Sunrise Ruby sold for $30.42 million in 2015. That’s 1.2 million per carat for this magnificent 25.6-carat stone.The Sunrise achieved such lofty status thanks to its intense color, immaculate purity and well-balanced design.

3. Sapphires

If you can afford the best of the best, then a sapphire is a great gemstone in its own right. Although there are other stones that carry more value, sapphires are still in high demand thanks to their beautiful color. For example, one of the most expensive sapphires to sell is the Jewel of Kashmire Sapphire, which attracted a buyer for $6.7 million. Weighing 27.7-carats this stone sold for nearly $250,000 per carat.

4. Taaffeites

This might be the least known of the most expensive gemstones, but that doesn’t mean you shouldn’t add one to your collection, if you can locate one. Perhaps the reason it is not well-known is because it is so rare. You can only find this stone in Tanzania and Sri Lanka. Thus, due to their rarity and beauty, some taaffeites have been valued as high as $35,000 per carat. If you’re lucky enough to find one it makes a great collection piece.

5. Spinels

If you haven’t heard of spinel, you’re not alone. This gemstone is not one of the most famous, but it is still worth adding to your jewelry box. One of the best features of the spinel is that it can be found in a wide range of colors, including red, yellow, purple, blue, pink and orange. That covers just about every wardrobe ensemble imaginable. At their peak, these stones are valued at about $30,000 per carat.

We hope you found this article about “World’s Most Expensive Gem Stones” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at www.GROCO.com.  Unfortunately, we no longer give advice to other tax professionals gratis.

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Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

 

Alan L. Olsen, CPA, Wikipedia Bio

 

 

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