Gem Pricing Report

Market in brief: Volatility defines the diamond market. Well-made rounds of G/VS2 or higher in 3.00+ ct. sizes are scarce. A key diamond-trading database revealed some 4.00 ct. F–G/VS rounds selling above prices in Rapaport Report and The Guide. Recent sights contained much rough that will finish to goods already plentiful, while demand areas lack supply. Price resistance at retail is further eroding margins. Prices are higher at production, but margins are lower. U.S. market demand for 2.00+ ct. rounds and princess cuts of F–G/VS2 or better is strong, and good for ovals, cushions, and pears.

Colored-stone dealers report strong sales for blue sapphire, especially 2.00 to 4.00 cts. Fine-quality sapphires of 4.00+ cts. are scarce, and prices are rising. Aquamarine and greenish-blue cuprian tourmaline from Mozambique are selling well. Design and custom-jewelry segments have been chiefly responsible for strong demand for chrysocolla, chrysoprase, and unusual agates. Demand is limited to fine- and top- quality specimens, but supplies are extremely low.

Diamond: 1/4 ct. round

VS1 VS2 SI1 SI2
G $1,300 $1,200 $1,100 $950
H $1,150 $1,050 $1,000 $900
I $1,100 $1,000 $900 $850
J $1,000 $950 $850 $800

Diamond: 1/2 ct. round

VS1 VS2 SI1 SI2
G $3,200 $2,800 $2,400 $2,000
H $2,800 $2,400 $2,200 $1,800
I $2,200 $2,100 $1,900 $1,700
J $1,900 $1,800 $1,700 $1,600

Diamond: 3/4 ct. round

VS1 VS2 SI1 SI2
G $3,800 $3,600 $3,300 $2,900
H $3,500 $3,300 $3,000 $2,800
I $3,200 $3,000 $2,600 $2,200
J $2,500 $2,300 $2,100 $2,000

Diamond: 1 ct. round

VS1 VS2 SI1 SI2
G $6,500 $6,100 $5,000 $4,300
H $5,500 $5,300 $4,600 $4,100
I $4,200 $4,000 $3,800 $3,600
J $3,800 $3,600 $3,200 $3,000

Fancy Pink Diamond: 1 ct. radiant

VS SI I1
$60K–$85K $45K–$75K $30K–$43K

Red Spinel

Good Fine
2 to under 3 cts. $150–$450 $450–$900
3 to under 5 cts. $350–$700 $700–$1,500

Blue Sapphire

Good Fine
1 to under 2 cts. $125–$420 $420–$1,250
2 to under 3 cts. $275–$630 $275–$1,750

Akoya Pearls (by the strand)

Fine Extra-Fine
18-in. strands, 6 to 6.5 mm $650–$850 $1,000–$1,200

Nigerian Spessartite Garnet

Good Fine
1 to under 2 cts. $75–$90 $90–$120
2 to under 3 cts. $90–$125 $120–$160

Blue Zircon

Good Fine
1 to under 3 cts. $20–$50 $50–$75
3 to under 5 cts. $35–$75 $75–$150

Tanzanite

Good Fine
1 to under 2 cts. $175–$325 $325–$425
2 to under 5 cts. $250–$400 $400–$500

Round Tahitian Black Pearls

Good Fine
8 to 8.5 mm $30–$60 $60–$120
10 to 10.5 mm $35–$90 $90–$150

Pink Topaz

Good Fine
1 to under 3 cts. $125–$350 $350–$700
3 to under 5 cts. $180–$425 $425–$900

Prices shown represent actual wholesale memorandum prices paid by retail jewelers on a per-stone basis. All prices are per carat except for cultured pearls. No responsibility or liability is assumed for the consequences of the use of any information in this report, nor for errors or omissions. The terms Commercial, Good, Fine, and Extra-Fine are general classifications developed and used by The Guide. Each represents a range of individual quality grades. When they are used in conjunction with proper grading, one can accurately pinpoint a price from within the listed range. A one-year subscription to The Guide includes six diamond issues (bimonthly); six newsletters (bimonthly); two colored-stone issues including pearls, opals, and jade (biannual); and The Guide Reference Manual. For more information, contact Gemworld International Inc., 630 Dundee Road, Suite 230, Northbrook, IL 60062; (888) GEMGUIDE or (847) 564-0555, fax (847) 564-0557. U.S., Canada, Mexico, $195 complete per year. Elsewhere $275 complete per year.