How Much Is Opal Worth?

Last Updated on July 6, 2022

Opal is one of the most beautiful gemstones you can get. The elegant color and the stylish look it gives are just remarkable.

Therefore, it is one of the highest valued gemstones in the world. In addition, getting your hands on a perfect opal can be challenging.

Therefore, it is important to know about opal and the value it can have. If you want to know about opal, you’ve come to the right place.

Here is a complete guide about opal. Starting from how much it is worth to much more.

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Contents

How Much Is Opal Worth?

Opal is sold in carat and is one of the highest valued gemstones you can see in the market. A carat of opal can range from $6 per carat to $6,000 per carat.

However, that mainly depends on the quality, rarity, and the type of opal you have in your hand. It is a widely mined stone; that is why you will get to see different variants of it.

How Much Is Opal Worth Per Gram?

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Opal is mainly sold in carat but in grams as well. So it depends on the seller about the measuring unit they use to deal in opal.

A gram of opal holds a value of around $50 to $30,000. Make sure to know the type of opal you are dealing with. Yes, you can get such value for an opal if it is the best type.

What Is The Most Expensive Opal Type?

Opal is one of the most unique and pretty gemstones you will find. The most expensive opal is known as the Virgin Rainbow. It was discovered in Australia during the year 2003.

The Virgin Rainbow opal looks so pretty when light is passed through it. It is known that the opal was formed and found near a skeleton of ancient cuttlefish. It is the finest type of opal.

However, it is very rare to find. The one found in Australia is probably the only one and is kept in South Australian Museum.

How Much Is The Virgin Rainbow Opal Worth?

The virgin rainbow opal is the world’s finest opal that exists. It holds a value of around $1 million. But if it is sold in an auction, the value is just to be boosted.

This is because so many people want to get their hand on the virgin rainbow, but only one exists. Therefore, if you are a true opal fan, you can only get to the virgin rainbow in Adelaide.

What Is White Opal Price Per Carat?

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If you are looking for a simple and elegant-looking opal to wear, then white opal is the perfect option for that. The white opal holds a value ranging from $10 to $6,000 per carat.

The lowest quality opal is valued at $10 per carat. The better the quality gets, the higher the value is.

But for a beginner, it may be difficult to assess whether it is low quality or the highest quality white opal. Therefore, it is important to get it checked by an expert. That will help you get the accurate value for the white opal you are looking at.

What Is Fire Opal?

Fire opal is a unique and bright-looking gemstone that you can find. You may not hear about fire opal as it is rare to find.

It is not mined but is found in a very interesting way. The fire opal is formed in the depth of old volcanoes.

It is created when water enters the lava filling all the seams and hollows. This is when the bright, shiny droplet is created, known as the fire opal.

How Much Is Fire Opal Worth?

Fire opal is a stylish gemstone to have in your jewelry. However, many people get confused about the value fire opal contains.

To make it clear for everyone, the fire opal specimen is worth around $10 to $10,000 per carat. The better the color and shine are, the higher value someone would be willing to pay for it.

So if you want to sell a fire opal, don’t forget to contact someone passionate about collecting it. This will help you get a higher value than the one you will find in the open market.

What Is The Best Place To Sell Opal?

Keep in mind that opal is a precious gemstone that you have. So, therefore, if you want to sell it, make sure to go where it would be highly valued.

Amazon, eBay, or many gemstone-specific online marketplaces are the best places to sell opal. However, if you are looking for a physical place to sell it, a jeweler or pawn shop is a perfect spot.

Jackie Palmer is a Houston-based coin journalist and fashion enthusiast. She joined Jewels Advisor’s content team after years of experience as a content strategist, managing blogs and social channels for local stores. Jackie mostly collects and studies US coins produced during the 20th century and over the years, published hundreds of articles for multiple coin publications.