Many of us are already familiar with the precious metals – especially if you’ve been digging around our web site. Silver, platinum, and gold represent some of the rarest, most useful, and most brilliant metals that we’re aware of, and their special status has lead to giving them a special classification separate from other metals.

But jewelry isn’t only about the precious metals. Understanding jewelry also requires you to have a knowledge of gemstones that go into jewelry, including their frequent size, colors, and yes, rarity.

So what are some of the world’s rarest gemstones, and how does that impact their role in jewelry? You’re about to find out.

Defining the Gemstones

Simply put, gemstones are minerals that can be cut into more attractive forms and placed into articles of jewelry. You’re already aware of some of the most popular ones: diamonds, emeralds, sapphires, and rubies. Other lesser-known gemstones might include amber and lapis lazuli. Quartz, as well, is often not touted strongly as a gemstone but frequently plays a role in articles of jewelry such as watches.

There are different ways to value and grade these gemstones, and these ways differ so greatly that there’s no way to specifically “rank” the gemstones according to any one specific category, except perhaps rarity. Each gemstone has its own unique qualities and properties that really only make them comparable to other similar gemstones. For example, you wouldn’t judge the quality of a ruby against an emerald, or vice versa.

The “precious” gemstones

Like the precious metals, there are certain types of “precious” gemstones that have a certain status over the other gemstones. These gemstones include:

  • Diamonds
  • Rubies
  • Sapphires
  • Emeralds
  • Pearls
  • Opals

Other stones such as the cat’s eye have been increasing in rarity and desirability, leading many to elevate them to the category of precious gemstones, as well. But the gemstones mentioned above are some of the most popular gemstones people are aware of, and their popularity is in part due to their rarity.

With this knowledge of which gemstones are considered the most precious, we already have smoe insights into which are the rarest. But let’s take an even closer look.

The rarest gemstones available

How does “axinite” sound to you? Because although the precious gemstones are indeed rare, they are at least frequent enough to be available to a wide variety of people. Gemstones like axinite occur so frequently at “jewelry” quality that, although they can be called the rarest gemstones, they aren’t really known to the mainstream.

What about the gemstones we know, and actually buy?

From the precious gemstones, we know that diamonds are one of the rarest and hardest to retrieve. Although we have seen an increased world supply recently in our history, diamond mines are still rare and most countries are simply unable to find any diamonds. Rubies, likewise, are not found in a wide variety of places, leading to their relative rareness.

Like the precious metals, many of the precious gemstones are among the rarest of their kind, and this increases their value in respect to other gemstones. Increases in supply can affect these prices, but for commodities like gemstones, prices tend to remain stable in the long-term markets.

Selling your rare gemstones

There are brokers who always on the lookout for the precious metals (silver, gold, platinum), but they are also interested in diamonds. If you’re looking to sell your jewelry for a fair price, consider turning to reviewing the precious metal brokers in our directory for your online brokering needs. Although the gemstones mentioned above are rare and high in value, you’ll be able to send them your jewelry through insured mailing.

After sending an insured mailing package, you’ll simply need to wait for the broker to evaluate what you have given them. They will then write you a check in the amount of their offer for the metals and diamonds you have.

Remember that you aren’t necessarily selling the jewelry as an article by itself, but rather the valuable materials that the article of jewelry contains. This is good news to those with broken or old jewelry that simply won’t fetch as much money from auctions or jewelers.

Once the broker has sent you a check, you simply keep it to complete the transaction, allowing the broker to re-use the materials you have given them. Precious metals like silver will be melted down for industrial re-use. Meanwhile, you’ll have turned a quick profit by putting your old or broken jewelry to use.