Top 10 Most Expensive Gemstones in the World Ranked

Editor: Arshita Tiwari on Jun 17,2025

 

Let’s cut the sparkle talk. When it comes to luxury gemstones, most people throw the word “diamond” around like it's the pinnacle of value. It’s not. In the real game, diamonds are just the baseline—pretty, but common. There are stones out there that don’t just whisper wealth—they scream rarity, status, and “don’t even ask the price unless you own a yacht.” These aren’t your average jewelry store finds; they’re the kind of gems that disappear into private collections before you even hear their names.

Top 10 Most Expensive Gemstones in the World Ranked

Below is a no-fluff ranking of the top 10 most expensive gemstones in the world ranked—based on actual market prices, auction records, and collector demand. We’re talking numbers that make even seasoned investors blink.

1. Blue Diamond

  • Price Range: Up to $4 million per carat
  • Most Expensive Gemstone Ever Sold: The Oppenheimer Blue at $57.5 million

Blue diamonds are the top-tier luxury gemstone—with boron giving them their signature cool-toned brilliance. The Oppenheimer Blue wasn’t just record-breaking; it reminded everyone that rarity plus demand is an unbeatable combo.

Authentication Tip: Always ask for GIA verification. If it’s not certified, walk away.

2. Pink Diamond

  • Price Range: Up to $2.5 million per carat
  • Showstopper Sale: The Pink Star at $71.2 million

The most expensive gemstone ever sold to date? The Pink Star. This one blew everything else out of the water, proving pink isn’t soft—it’s strategic. Argyle mine’s closure only drove the rarity (and the price) up.

How to Authenticate Rare Gemstones: Look for a report from GIA noting "Natural Fancy Vivid Pink." Treated stones are a different game.

Must Read: The Guide to Precious Gemstones: Types, Features, & Value

3. Jadeite

  • Price Range: Up to $3 million per carat
  • Iconic Sale: Hutton-Mdivani necklace at $27.4 million

Forget the basic green stuff. Real jadeite—especially imperial-grade—is considered one of the most expensive gemstones in Eastern markets. It’s not just valuable; it’s deeply cultural, often passed down as family wealth.

How to Authenticate Rare Gemstones: Only trust “Type A” jadeite. That’s untreated, natural, and worth every digit on the check.

4. Red Diamond

  • Price Range: Up to $1 million per carat
  • Crown Jewel: Moussaieff Red estimated over $20 million.

Red diamonds are the rarest natural diamonds on earth. Not reddish-pink—actual red. Most weigh less than 1 carat, so the 5.11-carat Moussaieff Red? Basically a natural miracle.

Luxury gemstone tip: Confirm origin and color grade from GIA. Anything else, and you're just guessing.

5. Burmese Ruby

  • Price Range: Up to $1.18 million per carat
  • Record Holder: The Sunrise Ruby at $30.3 million

Rubies come in many shades, but the “pigeon blood” Burmese rubies are in another league. Their deep red fire makes them one of the most expensive gemstones, period.

Authentication hack: Always ask for origin certification from SSEF or GRS, and look for a “no-heat” mention.

6. Colombian Emerald

  • Price Range: Up to $305,000 per carat
  • Famous Sale: Rockefeller Emerald sold for $5.5 million

Colombian emeralds don’t try to be flashy—they just are. That vivid green with minimal inclusions? That's the sweet spot. The luxury gemstone that quietly tells you its owner knows exactly what they’re doing.

How to Authenticate Rare Gemstones: Check for treatment reports and origin certification. Gubelin and SSEF are the top names here.

7. Alexandrite

  • Price Range: Up to $70,000 per carat
  • Known For: Dramatic color shift—green to red

Think of alexandrite as the overachiever in the gem world. It changes color based on light. No filters needed. Clean, untreated stones with bold color change are worth a fortune—and that’s exactly why it ranks among the most expensive gemstones.

Authenticity tip: True alexandrite shows bold color change and comes with GIA or IGI paperwork. No exceptions.

8. Kashmir Blue Sapphire

  • Price Range: Up to $240,000 per carat
  • Big Sale Moment: Blue Belle of Asia at $17.3 million

Kashmir sapphires aren’t just blue—they’re velvety blue. The original mine is long gone, so these stones are mainly floating around in private collections. That scarcity pushes them into the luxury gemstone hall of fame.

Authentication Red Flag: If someone says it’s from Kashmir but has no origin report—run.

9. Grandidierite

  • Price Range: Up to $20,000 per carat
  • Known For: Insane rarity and teal-green brilliance

Never heard of it? Makes sense. Grandidierite doesn’t get mainstream attention—but serious collectors know. With minimal supply from Madagascar and high difficulty in cutting, this is the kind of stone that makes you ask: what gemstone is more expensive than diamond? Well, here’s one answer.

Authentication Clue: Labs typically use X-ray diffraction to confirm true Grandidierite.

10. Taaffeite

  • Price Range: Up to $35,000 per carat
  • Fun Fact: It was discovered by mistake—thought to be spinel

One of the least-known entries on this list, but also one of the rarest. Its light lavender glow and extreme scarcity put it among the most expensive gemstones per carat, especially in clean cuts.

How to Authenticate Rare Gemstones: Spectrometry testing is key. Visually, it’s too close to spinel to risk a guess.

More to Discover: Role of Gemstones in Modern Jewelry Design: A Timeless Art

What Gemstone Is More Expensive Than Diamond?

blue-diamond

Let’s break the myth: diamonds aren’t the rarest, and they’re not the priciest either. Several gemstones above—especially blue and pink diamonds, jadeite, and alexandrite—easily outprice diamonds in both per-carat and auction terms.

So, what gemstone is more expensive than diamond?
Take your pick: blue diamond, jadeite, red diamond, pink diamond. These stones consistently outperform diamonds when rarity, collector value, and real-world auction sales are considered.

How to Authenticate Rare Gemstones Without Getting Scammed

If you’re dealing with luxury gemstones, the paperwork matters as much as the stone itself. Here's what to look for:

1. Demand Third-Party Lab Reports

Always get certification from credible labs like GIA, SSEF, IGI, or Gubelin. Sellers who avoid this step probably have something to hide.

2. Ask About Treatments

Unheated, untreated stones fetch higher prices. Whether it’s ruby, sapphire, or emerald—verify enhancements before you pay premium rates.

3. Confirm the Origin

Origin boosts value. Kashmir, Burma, Colombia, and Madagascar are all known for producing high-end stones. Get this verified.

4. Avoid Generic Sellers

Buying online? Stick to platforms that offer verified lab reports and money-back guarantees. No Instagram deals. No “DM for price.”

Final Thoughts

The most expensive gemstones aren’t just rare—they’re stories, legacies, and investments rolled into one. Whether you’re buying or just window-shopping, understanding what drives their value keeps you sharp in a market full of sparkle and scams.

So next time someone asks, “What gemstone is more expensive than diamond?”—just show them this list. And remind them: if it comes without proof, it’s probably not real.


This content was created by AI