Yes, sapphires are generally considered valuable gemstones.
Sapphires, prized for their beauty and durability, have been highly esteemed throughout history. Jean Ghika, global head of jewelry at Bonhams, states that sapphire is "one of the most valuable gemstones in the world." Their value stems from several factors:
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Color: The most prized sapphires possess intense, vivid hues. While blue sapphires are most well-known, sapphires come in various colors, including pink, yellow, green, and orange. The "cornflower blue" and "padparadscha" (pinkish-orange) varieties command premium prices.
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Clarity: Like diamonds, sapphires are assessed for clarity, with fewer inclusions resulting in higher value.
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Cut: A well-cut sapphire enhances its brilliance and color.
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Carat Weight: Larger sapphires are rarer and generally more valuable, all other factors being equal.
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Origin: Some locations, such as Kashmir, are known for producing sapphires with exceptional color and quality, leading to increased value.
While most sapphires hold significant value, the specific worth of an individual sapphire depends on these combined characteristics. Lower-quality or synthetic sapphires have significantly less value.
