What is craved ivory worth?

Answer 1

Craved ivory, particularly from elephants, is highly valued in the art and collectibles market, often fetching thousands to tens of thousands of dollars per piece depending on the intricacy of the carving and its historical significance. However, international trade in elephant ivory is largely prohibited under the Convention on International Trade in Endangered Species (CITES), making it illegal and creating a complex black market. The value can fluctuate significantly based on legality, demand, and the ethical implications surrounding its acquisition. As a result, while it may be financially valuable, its trade raises serious conservation and ethical concerns.