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How To Sell Sapphires And Sapphire Jewelry
Sapphires are a thing of beauty that everyone wants to possess, and why wouldn't they? These sparkling blue, pink, yellow, and other colored gemstones are one of the most valuable and sought-after gemstones in the world. They are a popular choice for both fine jewelry and investment purposes. However, valuing sapphires can be a complex and nuanced process that requires a thorough understanding of several key factors.
When it comes to determining the value of a sapphire, there are a few essential considerations to keep in mind, such as color, clarity, cut, carat weight, and origin. These factors determine how much your sapphire or sapphire jewelry is worth.
- Color
Color is one of the most critical factors that determine the value of a sapphire. The most desirable sapphires are those with deep, vivid hues that are evenly distributed throughout the stone. For instance, for blue sapphires, the most sought-after color is a rich, velvety blue that is neither too dark nor too light. On the other hand, pink sapphires should have a vibrant pink hue that is not too orange or purple. Yellow sapphires, in contrast, should have a bright, sunny yellow color.
- Clarity
Clarity refers to the number and type of inclusions or internal flaws that are present in the sapphire. In general, sapphires with fewer inclusions are more valuable than those with many inclusions. However, certain types of inclusions, such as tiny needles or feathers, can actually enhance a sapphire's beauty and value if they are located in a desirable area of the stone.
- Cut
Cut is another critical factor in determining the value of a sapphire. A well-cut sapphire will have optimal light reflection and refraction, resulting in a more brilliant and attractive appearance. In contrast, a poorly cut sapphire can appear dull and lifeless. The most common cut for sapphires is the round brilliant cut, but other shapes such as oval, cushion, and pear are also popular.
- Carat Weight
Carat weight is also an essential factor in determining a sapphire's value. The larger the sapphire, the more valuable it is, all other factors being equal. However, the price per carat of a sapphire can increase significantly as the size of the stone increases, especially for stones over 5 carats.
- Origin
Origin can also affect a sapphire's value. Sapphires from certain locations, such as Kashmir, Burma, and Sri Lanka, are highly prized for their exceptional color and clarity. However, sapphires from other locations, such as Australia and Madagascar, can also be of high quality and value.
More information can be found over on the GIA website.
In addition to these factors, the market demand for sapphires can also play a role in determining their value. If there is a high demand for a particular color or type of sapphire, the price may be driven up due to limited supply.
To accurately value a sapphire, it is recommended to consult with a certified gemologist or appraiser who can examine the stone and take into account all of these factors. They can provide a professional appraisal that takes into account the unique characteristics of the individual sapphire, as well as current market trends and demand. White Pine can provide an estimate and an offer for your sapphire or sapphire jewelry complete the form here, or call 646 569 3690, Mon - Fri, 9am - 5.30pm, EST.
There are several places where you can sell sapphires, including:
Online Marketplaces: Online marketplaces such as eBay can provide a platform for selling sapphires. However, it is important to be aware of the fees associated with selling on these platforms, as well as the risk of fraud. Local jewelry stores may also be interested in purchasing sapphires, but it is essential to obtain multiple offers and compare prices to ensure a fair deal.
Jewelry Stores: Local jewelry stores may be interested in purchasing sapphires, particularly if they specialize in fine jewelry. However, it is important to get multiple offers and compare prices to ensure you are getting a fair deal.
Auction Houses: Auction houses such as Christie's, Sotheby's, and Bonhams hold regular sales of fine jewelry and gemstones, including sapphires. While selling through an auction house can potentially lead to higher prices, there are often fees associated with this option.
Online Gemstone Dealers: Online gemstone dealers such as White Pine Wholesale specialize in buying and selling gemstones, including sapphires. However, it is essential to research the reputation of the dealer and ensure they are reputable before selling a sapphire to them.
Private Collectors: Finally, private collectors may be interested in purchasing high-quality sapphires for their personal collections. However, finding a private collector who is interested in purchasing a specific sapphire may be difficult.
As a seller, it is important to have a professional appraisal done beforehand to determine the value of the stone accurately. This can help ensure that a fair price is received and avoid being taken advantage of by unscrupulous buyers. Additionally, researching potential buyers and ensuring they are reputable and trustworthy before entering into any transactions is essential. To get an estimate and an offer for your sapphire or sapphire jewelry complete the form here, or call 646 569 3690, Mon - Fri, 9am - 5.30pm, EST.
What are the most expensive sapphires?
The price of a sapphire can vary greatly depending on these factors, as well as variables such as market demand, rarity, and provenance. Here are some of the most expensive sapphires ever sold.
The Blue Belle of Asia: Topping the list is the Blue Belle of Asia, a breathtaking cushion-cut sapphire weighing a massive 392.52 carats. In 2014, this remarkable gem was sold for a staggering $17.3 million, making it one of the most expensive sapphires in the world. This magnificent stone hails from Sri Lanka and boasts a rich, velvety blue color that is both mesmerizing and enchanting.
The Rockefeller Sapphire: Another notable mention is the Rockefeller Sapphire, a magnificent cushion-cut sapphire weighing 62.02 carats. This gemstone was sold for $5.5 million in 2011 and features a deep blue color with hints of violet. It is considered one of the finest sapphires ever found in the United States and is highly sought after by collectors and connoisseurs alike.
The Star of Bombay: The Star of Bombay is another stunning sapphire that commands a high price. This 182-carat cabochon-cut sapphire was sold for a whopping $17 million in 2015, making it one of the most expensive sapphires ever sold. Its silky blue color and smooth, rounded surface make it a true masterpiece of nature.
The Logan Sapphire: The Logan Sapphire is another exceptional sapphire that is highly coveted by collectors. This cushion-cut sapphire weighs a massive 423 carats and was donated to the Smithsonian Institution in 1960. Although its value is estimated to be over $100 million, it is not for sale and is considered a priceless treasure of the world.
The Blue Giant of the Orient: Last but not least, the Blue Giant of the Orient is a remarkable oval-shaped sapphire weighing an impressive 486.52 carats. This sapphire was sold for an undisclosed amount in 2004 and is considered one of the most valuable sapphires in the world. Its intense blue color and large size make it a true wonder of nature.
The world of sapphires is interesting and some times complex, and these five gems represent some of the most expensive and valuable sapphires ever sold. However, it's worth noting that there may be other sapphires out there that are equally or even more valuable, but their prices remain unknown due to their unavailability in the public market. Regardless, these exceptional sapphires are a testament to esteem they maintain with the consumer and gemstone traders.
You can view White Pine's sapphire jewelry on sale here.