Most Valuable Gemstones Ever Discovered On Earth

Did you know that a gemstone could cost over $3 Million per carat?? Here are 8 of the rarest and most valuable gemstones ever found.

  1. Painite

The name of this gem does not do it justice. Though it does resemble the impact it would have on your wallet if purchased. Painite is a very rare borate mineral. Humans first documented its discovery in the 1950’s when a British mineralogist found Painite in Myanmar. The man’s name was Arthur Pain. When it was found out that Arthur had discovered a new mineral, the gem was named after him. Painite is made up of calcium, zirconium, boron, aluminum and oxygen, giving it a complex and unique formula. To add to its peculiarly, it contains chromium and vanadium as well, though a very small amount. The gem is naturally an orange-red to brownish-red color much like topaz that is colored by iron. They are naturally hexagonal as well and are rarely cut. It is believed that Painite is worth about $60,000 per carat, but as it is so rarely available, an exact estimate is nearly impossible.

  1. Musgravite

While it has nothing to do with muskrats, it is named after the Musgrave Ranges in Southern Australia. The first Musgravite was discovered in 1967 there and so there is no real original reason behind its name. This gem comes from the same family as Taaffeite, another valuable gem. Musgravite is naturally colorful as the range is broad, for this reason, you will see greenish gray gems as well as bright purple. At first, it was believed to be the only location for the gem, but it was later found that they could be discovered in Greenland, Antarctica, Sri Lanka, Madagascar and Tanzania. It is made up of Magnesium, Beryllium, Aluminum, Zinc, Iron, and Oxygen. The largest known musgravite is owned by Multicolour.com and weighs 5.74cts. The market price starts sat $35,000 a carat.

  1. Jewel of Kashmir

The title Jewel of Kashmir has been given to a very exclusive deep blue gemstone. It hit a record sale at an auction as The Jewel of Kashmir, a 27.68-carat Kashmir sapphire and diamond ring. It sold for a groundbreaking price per carat for a Kashmir sapphire. It was auctioned off at Sotheby’s Hong Kong Magnificent Jewels and Jadeite Autumn Sale.The hue is said to be a “cornflower blue” or royal blue and is of an emerald shape. It sold for more than $6.7 million or, a better described worth would be to say $242,145 per carat! The high clarity, sapphire color, and emerald cut give the Jewel of Kashmir a breathtaking look unlike any other. The Gübelin Appendix Letter stated that the jewel ‘possesses a rich saturated and homogenous colour, combined with a high degree of transparency, and a finely proportioned cut…Such a combination of characteristics are rare in natural Kashmir sapphires of this size.’ It also noted that ‘a natural sapphire from Kashmir of this size and quality is very rare and exceptional and thus can be considered a true treasure of nature.’ Kashmir sapphires themselves are very rare and unique, but the Jewel of Kashmir topped them all. It’s a mystery what draws us to its soft, velvety, rich and lustrous appearance. But there is a reason this gem is worth over $6 million. The first Kashmir mine was discovered in the 1880’s but it was hard to mine there due to weather conditions. They could only last for seven years before shutting down. So most of the Kashmir jewels today still come from that 1880’s mine!

  1. Virgin Rainbow

You’ll have to see the Virgin Rainbow to believe it! Even after you see it, you’ll never believe that it’s simply an opal! In fact, it’s one of the largest, rarest, and most valuable opals in the world! It is worth more than $1 million and with good reason. It is rich in both colorful elements and light-refracting details. Opals are a form of amorphous hydrated silica with up to 20% water locked within the silica structure and took thousands and thousands of years to form. Over 95% of the world’s opals come from Australia, so the story behind this beauty is no surprise. It was found in Coober Pedy of southern Australia by miner John Dunstan who says, “That opal actually glows in the dark – the darker the light, the more color comes out of it, it’s unbelievable.” Who doesn’t want a glow in the dark, rainbow opal? The colors range from white to black to red, blue, pink, orange, yellow, green and more! Interesting fact, the Virgin Rainbow is an opalized fossil, which means the shape and initial formation of the opal replaced a fossil, likely from an ancient ancestor of today’s cuttlefish. I heard that it was bad luck if you bought yourself an Opal, that it has to be gifted to you by someone. Does anyone know if this is true?

  1. Neelanjali Ruby

Ruby fans were stunned when they first laid eyes on the Neelanjali Ruby. Why? Because this ruby is 1,370 carats and is known as the world’s largest double-star ruby. A star ruby is defined by an asterism or distinctive star-shaped light refraction in the gem. The Neelanjali Ruby has a 12-point asterism, which is commonly denoted as a double-star ruby. This ruby is especially unique as it was used as a Shiva lingam and was worshipped for centuries in the home of the family which owned it. The owner is G. Vidyaraj, the scion of the Aravidu dynasty, which was the last of the four imperial lineages to rule the Vijayanagara Empire. It is currently locked away in a very safe place guarded in Bangalore, India. It may sound like something out of a romance fantasy series, but the difference is, this is real life! Due to its color, clarity, and exclusivity, it has been appraised at $100 million. That would make it over $70,000 per carat. But considering the gem is not for sale and is so unique, with a long history to increase its value, the exact price is unknown. How much do you think a large, nearly flawless double-star ruby from a centuries old royal Indian family is worth?