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How To Sell Sapphires And Sapphire Jewelry
Sapphires are one of the most valuable and sought-after gemstones in the world. With their brilliant hues of blue, pink, yellow, and other colors, they are a popular choice for both fine jewelry and investment purposes. However, valuing sapphires can be a complex and nuanced process that requires an understanding of several key factors.
Here are some of the most important considerations when valuing sapphires:
- Color
The color of a sapphire is one of the most important factors in determining its value. In general, the most valuable sapphires are those with deep, vivid hues that are evenly distributed throughout the stone. For blue sapphires, the most desirable color is a rich, velvety blue that is neither too dark nor too light. Pink sapphires should have a vibrant pink hue that is not too orange or purple. Yellow sapphires should have a bright, sunny yellow color.
- Clarity
The clarity of a sapphire refers to the number and type of inclusions, or internal flaws, that are present in the stone. 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
The cut of a sapphire refers to its shape, proportions, and overall symmetry. A well-cut sapphire will have optimal light reflection and refraction, resulting in a more brilliant and attractive appearance. A poorly cut sapphire, on the other hand, 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
The carat weight of a sapphire is another important factor in its value. Larger sapphires are generally more valuable than smaller ones, 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
The origin of a sapphire can also affect its 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.
In addition to these factors, the market demand for sapphires can also play a role in determining their value. For example, 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 to sell sapphires. However, it is important to note that there may be fees associated with selling on these platforms and there is a risk of fraud.
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. Selling through an auction house can potentially lead to higher prices, but 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 important to research the reputation of the dealer and ensure they are reputable before selling your sapphire to them.
Private collectors: Private collectors may be interested in purchasing high-quality sapphires for their personal collections. However, it may be difficult to find a private collector who is interested in purchasing your specific sapphire.
When selling a sapphire, it is important to have a professional appraisal done beforehand to determine the value of the stone. This can help ensure that you receive a fair price and avoid being taken advantage of by unscrupulous buyers. Additionally, it is important to research potential buyers and ensure they are reputable and trustworthy before entering into any transactions. 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: This sapphire is a cushion-cut stone weighing 392.52 carats and was sold for $17.3 million in 2014.
The Rockefeller Sapphire: This stone is a cushion-cut sapphire weighing 62.02 carats and sold for $5.5 million in 2011.
The Star of Bombay: This sapphire is a cabochon-cut stone weighing 182 carats and was sold for $17 million in 2015.
The Logan Sapphire: This cushion-cut sapphire weighs 423 carats and was donated to the Smithsonian Institution in 1960. Its estimated value is over $100 million.
The Blue Giant of the Orient: This oval-shaped sapphire weighs 486.52 carats and sold for an undisclosed amount in 2004.
It's worth noting that there may be other sapphires that are just as valuable or even more expensive, but they may not have been sold publicly, so their prices are unknown.