answersLogoWhite

0

Are diamonds the most valuble gem?

Updated: 9/18/2023
User Avatar

Wiki User

12y ago

Best Answer

Depending on the stone, a buyer can pay millions for a gemstone. Here are a few examples of recent record amounts paid for diamonds, rubies and sapphires:

  • "Christie's Hong King sold The Vivid Pink diamond, a 5ct cushion cut gem for US$10.7 million."
  • "Christie's London sold the Wittelsbach blue diamond...an historic 17th century cushion-shaped fancy deep greyish blue, VS2 diamond of 35.56 carats for US$24.3 million."
  • Christie's St Moritz auction brought US$3.6 million for a 8.62 carat cushion-cut ruby.
  • Christie's sold an unnamed, cushion-shaped Kashmir sapphire of 42.28 cts for US$3,489,167, and another unnamed cushion-shaped Kashmir sapphire of 22.66 cts for US$3,064,000.

You can read more about these sales, below.

(If you like, you can do the math and decide for yourself which gem is the most valuable based on the per-carat price.)

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Are diamonds the most valuble gem?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

If a diamond is valuble, is Ruby also?

Diamond is Popular & valuble of all gemstones. Ruby is a valuble gem too.


What are brown diamonds?

Brown diamonds are the most common colour of diamonds mined, of gem-quality. Only about 20% of all diamonds mined are of gem quality.


What gem most worn by royals?

diamonds


What is the most valuable gem stone?

diamonds


What is the average size of a diamond?

Diamonds come in all sizes: 20% of which are gem-stone quality, the remainder are industrial diamonds. Most diamonds are tiny: gem-stone quality diamonds must be larger than most diamonds found, because of their use. Gem-quality diamonds must be visible, which is not true for industrial diamonds. Your answer, then, by logic, dictates that most diamonds an average diamond is much smaller than a pea.


What is the most valuble gem?

Not a diamond.I know that


When was Gem Diamonds created?

Gem Diamonds was created in 2005.


What is the common size of diamonds?

Most gem-quality diamonds found are about the size of a pea.


What percentage of diamonds are gem grade?

About 20% of all diamonds mined are gem-quality diamonds.


What is the most beautiful gem apart from Ruby's emeralds and diamonds?

Sapphire


Is ruby a taco?

A ruby is a type of valuble gem stone. A taco is a food.


What is the most popular gem that are put in jewelry earrings?

Diamond is the most popular gem. They vary in size and cost but this will always be the most popular gem. Behind diamonds are pearls and then semi precious stones.