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How Much is My Opal Worth?

How Much is My Opal Worth? Featured Image

Opals can vary as widely as snowflakes, and are deeply treasured for the very variety that can make them difficult to judge

If you are looking to sell an opal ring or other item of opal jewelry, the first question on your mind is likely, “How much is my opal worth?” There are various factors which impact the value of an opal, and we will cover each one in article below on appraising the value of an opal gemstone.

However, if you would like to get started now, and learn how much your opal jewelry is worth, contact Diamond Estate now for a verbal market apparisal and cash offer. We specialize in the most valuable opal jewelry from luxury makers such as Tiffany & Co., Cartier, and Van Cleef & Arpels.

Call (800) 956-8505 for a Free Quote

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Real Reviews From Customers


My name is Ron Hazel and I recently completed some business with Diamond Estate Jewelry Buyers. I found them to be very professional and straight forward. Paula Dabney did exactly what read more she said she would do and precisely when she said she would do it. She made it easy to understand the value of my jewelry. In this uncertain world we live in it’s nice to work with a company that is trustworthy and expedient.

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Ron H.

Yelp

I was very happy with the service I received with this company and Paula made it very easy for me to follow all directions!!! I would definitely do business here again and recommend read more them to my friends!!!....Mickie

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Mickie K.

Facebook

Paula was so great to work with! Very professional, and they offered the best price for my Rolex GMT II (over 2 other watch companies that buy used time pieces). No bait and switch read more here—take good photos of what you are selling and give them as much detail as you can so they can offer you the correct amount to start with. No surprises. They paid exactly what I was offered. Great experience. I wouldn’t hesitate to recommend their services to anyone. Thank you!

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Kyle N.

Google

When I was thinking about selling a piece of jewelry I had, I looked at several different places. I just kept coming back to DEJB. I called, spoke with Paula & she was wonderful to read more work with. So friendly & knowledgeable. She explained everything to me from the first phone call. She really put my mind at ease. My transaction was quick & easy. Paula & Carl were so easy to work with. I will definitely work with them again. Thank you Paula & Carl for everything!

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Rhonda B.

Yelp

When deciding to sell a special piece of jewelry, especially when you are sentimentally attached to it, it is very difficult to part with it. Then I realized that I would never wear read more it and keeping it in a box for years and years was useless. So I “made the call” to Lori after doing a little background reading of Diamond Estate Jewelry Buyers. I was apprehensive about sending jewelry through the mail but it went very well and I was pleasantly surprised. Am I sure I received the best price? I have no way of knowing, but I was happy with what they offered and I am satisfied. I will no doubt use their services again.

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Kathi B.

Yelp

Extremely professional, kind, and intelligent staff. I felt confident selling my diamond ring because Paula and Jackie were honest, sincere, and communicative and made the process easy. read more I was indecisive because of the sentimental attachment to the ring but they were very patient and understanding. They didn’t just give me the quote, they answered all my questions and helped me to understand the specific reasons for the value of the diamond. I needed the money for medical bills for my daughter and it was nice to deal with people who I felt really work hard at, and care about getting the best price possible for the customer.

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Jennifer T.

Google

I reached out to Diamond Estate Jewelry Buyers to sell my husband’s Rolex. Lori was very nice, knowledgeable, & inspired trust. Most importantly to me, there was absolutely no pressure read more to proceed—I felt very comfortable with the pace of the process. Lori gave me an estimated range of what the watch would be worth, subject to adjustment based on their appraisal once their buyer was able to examine it. She provided all details and the Fed Ex labels for shipping the watch—it was not hard and I was fully confident it would go without a snag. Lori called to let me know as soon as the watch arrived. The next day it was appraised by their buyer and Lori called to let me know the adjusted price. They dealt fairly with me, so I accepted and wire transfer was made same day to my bank account. Nicely done, Lori!

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Renee R.

Google

Diamond Estate Jewelry offered the best cash price for my watch; $300 more than the local place I talked to. And the wire transfer was very simple and smooth. Recommend them and would read more use them again

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Patrice W.

Facebook

I had a timepiece that I was looking to sell and searched high and low to find a reputable dealer to appraise the piece and would offer a fair price. I came Diamond Estate Jewelry Buyers read more online. At first I was hesitant to try an online service for this type of transaction but let me tell you, they were great. Paula helped me through the process and just as their website describes, it is a safe and secure method for this type transaction. It was a very smooth, seamless transaction…and the price was fair. I hope this review will allay any concerns people may have. I was hesitant at first, but now they will be my go-to people for this type of service in the future. Thanks again Paula for great customer-centric service.

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John H.

Yelp

We had a 14 carat diamond and were nervous of mailing it out of state. We were reassured from the beginning of the easy process, but we decided to fly out to California to meet the read more people at Diamond Estate. From the very beginning we were met with professionalism and treated very well. After given a reasonable quote, we decided to get a GIA certificate for the diamond just to be sure what it was. Jackie drove us all over the place to different jewelers to look at it as well as the GIA lab. She spent a whole day making us feel at ease. Jackie took us around fully knowing that we could go with other people’s offers and still chauffeured us to each place. In the end we found exactly what we are looking for with the Help of Carl and Jackie. Great experience for 2 girls from Colorado. I would recommend them to anyone.

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Melissa E.

Yelp

More than almost any other gemstone, opals are uniquely individual. Not only do they occur in a wide variety of types, but they can exhibit all the colors in the rainbow, often all at once, in flashes of color as the stone is rotated. This phenomenon, know as ‘play of color,’ makes opals one of the trickiest gems to evaluate.

From precious black opals with dark blue, green, or black backgrounds to the translucent deep orange fire opals of Mexico, opals can vary as widely as snowflakes, and are deeply treasured for the very variety that can make them difficult to judge.

 

Evaluating Color in Opals

Color is the most important factor when evaluating opals, and is by far the most complex aspect to judge. Opals occur in hues of every color, and often more than one at once. Body-color, also known as background color, is a result of suspended impurities in the opal, and it determines the type of opal, like black or white. Black is generally a more favored background color as the dark background tends to highlight any play of color.

An opal with bright play of color is always more valuable than one with faint play of color.

Play of color is the defining characteristic of a precious opal’s appearance. Also known as opalescence, play of color is the combination of color flashes that occur when viewed from different angles. Regardless of the combinations of colors, play of color is most prized when it is vivid. An opal with bright play of color is always more valuable than one with faint play of color.

In addition to the brightness of an opal’s play of color, the range of colors is important as well. Some opals exhibit only one main color with one or two secondary colors, but opals with a play of color that spans the entire spectrum are highly valued, especially if the colors are vivid.

Opals with red as the prominent hue in play of color are traditionally the most valuable, followed by orange and green, though personal taste can also dictate value. Play of color can also change with the viewing angle, with certain colors dominant only from certain angles. The most valuable opals exhibit play of color when viewed from any angle.

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Pattern in an Opal’s Play of Color

Pattern in an opal refers to the arrangement of the stone’s play of color, and can take many forms. Generally speaking, large areas of color that are closely assembled are preferred over small pinpoints or scattered areas. Regardless of the pattern, the colors must be vivid for the stone to be valuable.

Also of importance when considering the pattern is the inclusion of “dead spots” or what is known as extinction. These areas in which there is no play of color and only the stone’s background color is visible can greatly detract from the overall value of the opal.

 

Evaluating Opal Transparency and Clarity

Opals naturally occur in a wide range of clarities, from totally opaque to completely transparent. Different types of opals are valued for different transparencies, based mostly on how the opacity highlights the play of color. In crystal opals, transparency tends to accentuate the play of color, whereas in black opals, an opaque background better displays its play of color. Cloudy or milky background colors will generally lower the value of an opal, regardless of its type or color.

Like all gemstones, opals can exhibit fractures, pits, or other surface imperfections that can lower their value. Fragments of the ore surrounding an opal, called matrix, are sometimes included in the polished gemstone, and can also negatively affect the value. Crazing, or small cracks that look like a spider’s web, can occur in some opals when exposed to extreme heat or dryness, and also lower the value of the gem.

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How Opal Cut Affects Value

Because of the delicate interplay of background color and play of color, opals are usually cut in a way that best accentuates the play of color. In particularly large and exceptional opals this can lead to asymmetrical shapes that are best suited for a custom, one-of-a-kind setting. Most opals are fashioned into symmetrical ovals, often en cabochon, as the domed surfaces tend to highlight play of color the best.

 

Assembled Opals

Opals are relatively soft and fragile, and as a result, thinner opal material is sometimes fashioned with backings to give them greater strength and durability. Assembled opals called ‘doublets’  consist of opal material with glass, obsidian, or plastic backings. ‘Triplets’ are a thin layer of opal cemented between colorless quartz on top and a doublet style backing. While still of value as jewelry, assembled opals are valued at only a fraction of solid opals.

 

Get a Free Opal Appraisal

Contact Diamond Estate Jewelry Buyers today for a free verbal appraisal of your opal ring, necklace, brooch, or loose opal gemstone. You can also get the process started online by telling us about the opal jewelry you wish to sell in the contact form below.

Call Us Toll Free: (800) 956-8505

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About Diamond Estate

Diamond Estate Jewelry Buyers is a leading fine jewelry buyer and watch buyer serving customers throughout the US. We've built our business on core values of integrity, honesty, and superior customer service. Are you looking to sell diamonds, rings, watches, earrings or other fine jewelry? Get in touch to get your no-obligation offer.

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