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How Much is My Spinel Worth?

How Much is My Spinel Worth? Featured Image

Before the rise of modern gemology, spinel was often mistaken for rubies and sapphires.

Would you like to sell a spinel ring or other item of spinel jewelry? The important question you have is “How much is my spinel worth?” There are various factors which impact the value of spinel, and we will cover each one in article below on appraising the value of a spinel gemstone.

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

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Real Reviews From Customers


I needed to sell a 2 carat diamond and based on the excellent reviews, I decided to contact Diamond Estate Jewelry Buyers. I sent an email with the GIA report details and within 30 read more minutes I had a response from Paula with an estimated offer. After deciding to move forward, Paula emailed me shipping instructions and a prepaid FedEx label. I shipped my diamond and everything went incredibly smoothly. Paula, the buying consultant with whom I worked, was incredibly responsive and knowledgeable. I am absolutely thrilled with my experience and would recommend Diamond Estate Jewelry Buyers to anyone looking to work with true professionals.

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Melissa N.

Yelp

Fastest and most honest experience by far. I tried selling my old wedding ring with other jewelry buyers last year but the process was so confusing and extensive I gave up. I found read more these guys and a few other sites online last weekend and decided to give it another shot. Carl and his team purchased my ring, received my shipment and sent the money (which was the highest and only definitive offer out of anyone) to my account all in less than 4 business days. The communication was thorough, timely, and responsive every step of the way.

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Jevonte K.

Yelp

Wonderful service! Paula made the selling process so easy for me from beginning to end. I live out-of-state, and she walked me through, step-by-step, exactly what to do to work with read more Diamond Estate to sell my diamonds. The process was effortless on my part! The owner gave me an excellent price. Paula was very professional and a pleasure to work with. I highly recommend working with Diamond Estate.

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Amy F.

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

Diamond Estate Jewelry Buyers are good as it gets. Alex is a true professional who understands the importance of attention to detail. I was hesitant at first to sell my Rolex to a business read more where I would have to ship my valuable time piece in advance of payment, but Alex reassured me of the process and offered excellent communication STEP BY STEP. Carl exceeded my expectations in standing by their initial appraisal and I simply could not be happier with the entire process timeline (48hrs start to finish). If I could give them 6 stars instead of 5 I would.

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Roland C.

Yelp

I sold a diamond engagement ring and a wedding ring. Paula was exceptional to work with. She answered all of my questions and assuaged any concerns that I had. I know the price I got read more was fair, as I had a prior gemologist look at the rings, but I was not comfortable dealing with that outfit for reasons other than the price.

I am comfortable with my decision to sell my engagement ring, and I know I got the best offer I could get at this time. I highly recommend Diamond Estate Jewelry Buyers. Thank you, Paula, for all the time you spent with me. You have immense patience and empathy.

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Barbara M.

Yelp

Working with Carl was probably one of the most straight forward, uncomplicated transactions I've experienced. After leaving a voicemail I received a prompt text and then a call where read more Carl clearly explained the process. I immediately felt confident that I was working with the right buyer to sell my Rolex. After sending clear pictures of the timepiece, Carl followed up with a phone call and quoted me a very competitive price. We agreed to the deal, I sent the timepiece fully insured through FedEx at his cost and after he had confirmed receipt and saw the timepiece he wired the money directly to my bank account. I highly recommend working with Carl. He's a man of his word and runs a top notch business.

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Aaron M.

Yelp

I sold a diamond engagement ring and a wedding ring. Paula was exceptional to work with. She answered all of my questions and assuaged any concerns that I had. I know the price I got read more was fair, as I had a prior gemologist look at the rings, but I was not comfortable dealing with that outfit for reasons other than the price. I am comfortable with my decision to sell, and I know I got the best offer I could get at this time. I highly recommend Diamond Estate Jewelry Buyers. Thank you, Paula, for all the time you spent with me. You have immense patience and empathy.

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Barbara M.

Yelp

Exceedingly pleased and impressed with this service. I worked with Paula who is professional, personal, and accountable. Everything happened as said from beginning to end, which was read more hard to believe at first. I re-read reviews even after I boxed up my items because of the anxiety! Paula helped normalize a sentimental event and held my trust throughout the whole process (which was actually very fast and exactly to description). Highly recommended and would use again without hesitation. Thank you Diamond Estate Jewelry Buyers, especially Paula!

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Jesse S.

Yelp

The people at Diamond Estate Jewelry Buyers were professional and courteous and offered a good price for my engagement ring. I wasn’t sure I wanted to ship off my ring so I researched read more the company as much as I could until I was satisfied. Sure enough, their business with me matched up to the reputation I saw online. I highly recommend them.

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Bonnie

Google

 

Spinel was once known as the great imposter of gemstones. Before the rise of modern gemology, spinel was often mistaken for rubies and sapphires. One of the most famous spinels of all time, a 170 carat red gem known as “the Black Prince’s Ruby,” has a place of honor on the Imperial State Crown of England. Once the crystal structure of spinel was understood, some mis-named ‘rubies’ were correctly identified as spinel, and as a result, the reputation of spinel suffered because they were simply not rubies.

In recent years, spinel has become valued in its own right as a rare and beautiful gemstone. The extensive treatment of some lower quality rubies and sapphires has helped focus more attention on the natural beauty of spinel, which is almost always untreated. Spinel occurs in a wide variety of colors, and is valued like many colored gemstones, using the same four Cs used to evaluate diamonds: color, clarity, cut, and carat weight.

 

How Spinel Color Affects Value

Like many colored gems, the most important factor in evaluating spinel is its color. Spinel is an allochromatic gem, meaning that when it is pure it is colorless. The color in spinel is dependent on the presence of trace elements like chromium, iron, and cobalt. Because of these slight impurities, spinel occurs in almost all colors, ranging from pink and lavender to red and red-orange, purple, blue, and even black, with pure green and pure yellow being notable exceptions.

Spinels with red hues, medium tone, and strong saturations, are among the most valuable of all spinels.

Color in all gemstones is referred to in terms of hue (the basic color of the stone), tone, (the relative lightness or darkness of the hue), and saturation, (the intensity or purity of hue). Saturation is the color quality that will most greatly impact the price of spinel.

Because red spinel was often mistaken for ruby, red has traditionally been the most commercially valuable color. Red in spinel can range from purplish red to orangey red, with highly saturated reds being the most coveted. So called “ruby spinels,” with red hues, medium tone, and strong saturations, are among the most valuable of all spinels. Even so, a top quality five carat spinel is generally only worth about one tenth the price of an equivalent quality ruby.

The next most valuable color for spinel is blue, with colors that range from violet-blue to slightly greenish. Although most blue spinel generally occurs with lower saturations resulting in a grayish look and a more affordable stone, blue spinels that are colored by cobalt resemble blue sapphires, with highly saturated violet-blue to pure blue hues and medium tone. These cobalt blue spinels are especially valued for their rich, pure color.

Orangey red spinels with strong saturations and medium hues, sometimes called “flame spinels,”  are the next most sought after color. Vivid orange and vibrant, hot pink spinel are equally coveted.

Purple spinel with strong saturation can be somewhat valuable, though darker violet, purple, and lavender stones tend to be in less demand, and command lower prices. Any spinel with low saturation, or a steely or grayish look is generally less sought after and accordingly lower in value.

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Evaluating Spinel Clarity

Clarity in gemstones refers to the existence and visual appearance of internal inclusions, or small imperfections in the stone. Spinels are generally free of visible inclusions, but any inclusions that are visible to the naked eye can greatly decrease the value of the gemstone.

Occasionally, spinel can exhibit inclusions that reflect the gems distinct octahedral crystal growth, resulting in the appearance of fingerprint-like patterns. Another potentially valuable inclusion results in asterism, or the appearance of a star effect on the surface of the polished stone.

 

How Spinel Cut Affects Value

Spinel can be cut into a variety of shapes, though like many other colored gemstones, cushion shapes and ovals are popular. While some commercial quality spinel is cut into standard industry sizes, most higher quality rough spinel is cut into non-standard sizes to save the overall weight of the rough stone.

Standard-cut, or calibrated stones, are usually fabricated from medium to lesser  quality rough material and is therefore more affordable. Calibrated spinel is generally fashioned into mixed-cut ovals measuring 6×4 mm and 7×5 mm, and is commonly used as center stones for rings.

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Spinel Carat Weight

Like almost all gemstones, larger examples of spinel are simply more valuable than smaller ones. Because the larger sizes of spinel are rare, the per carat price rises considerably for stones greater than two carats. Fine examples of blue and pink spinel above five carats can be quite valuable, with the finest red spinel over ten carats fetching as much as $10,000 per carat.

 

Get a Free Spinel Appraisal

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

Call Us Toll Free: (800) 956-8505

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Learn More About Spinel Gemstones from GIA

Sell a Spinel Ring or Earrings – Sell a Spinel Necklace or Brooch

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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