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It depends on the stone. An emerald that is large, has excellent clarity and ideal color can cost as much as a diamond. Emeralds of this type are very rare. Sapphire values are determined by the same characteristics: color, clarity, size, cut and proportions Origin can also determine price as well as treatment. So, there is no easy answer. A natural untreated pink-orange sapphire (padparadscha) will generally cost higher than that of the same quality of emerald.

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