Skip to main content

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.

Call (800) 956-8505 for a Free Quote

Sell Your Spinel Jewelry

Real Reviews From Customers


We contacted Carl to sell approximately 25 pieces of estate jewelry. He was extremely responsive and followed up the same day. His secretary was fantastic getting us an appointment read more quickly. Carl spent a long time explaining the pricing, appraisals, value, and process and made us feel very comfortable selling to him. We are extremely pleased with the entire experience and will definitely recommend him to others!

google Reviews

Belinda K.

Google

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.

yelp Reviews

Ron H.

Yelp

Thank you so much Paula for your professional handling of my heirloom diamond. When we first talked on the phone, your totally professional and knowledgeable demeanor regarding the read more diamond business assuaged any trepidation I had about sending my diamond. I was impressed with the way you shopped my diamond to get me the best possible price. When we agreed on the price the money was wired to my account within the hour. Well done! I will not hesitate to recommend Diamond Estate Jewelry Buyers to my friends and will tell them to ask for you by name!

yelp Reviews

John P.

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.

yelp Reviews

Barbara M.

Yelp

It was a pleasure working with owner Carl Blackburn. He bought a diamond from me and the process went as smooth as I could have ever imagined. I contacted his company via the website, read more sending him the diamond's specifics. He quickly returned with an offer. He then sent a FedEx Overnight label via email. The diamond was in his office the very next day and he immediately contacted me saying he needed a few hours to evaluate my diamond. Then he called me. We talked about the qualities of my diamond. Carl was very honest and kind. I agreed with his evaluation and he wired me the money. It was in my bank the very next day! I highly recommend.

yelp Reviews

P.C.

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.

google Reviews

Jennifer T.

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

facebook Reviews

Patrice W.

Facebook

I appreciated their professionalism and responsiveness to me. I have been deciding if I want to sell my watch. Paula kept in contact, explained the process to me and followed up with read more me each step of the way. And it was fast! I highly recommend using them if your deciding to sell some of your high end jewelry.

yelp Reviews

Michelle 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.

yelp Reviews

Barbara M.

Yelp

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!

google Reviews

Renee R.

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.

Sell Your Spinel Jewelry

 

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.

Sell Your Spinel Jewelry

 

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

Sell Your Spinel Jewelry

 

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.

Get Started >

Or Enter Email To GET STARTED

We are ready to buy your

Answer a few quick questions to get started and see how much cash you could receive.

Get Started

Free Estimate

Need assistance? Call us!
(800) 639-8206

Can we help?
Call us:
(800) 639-8206