Spinel belongs to the cubic crystal system that is widely known for its Octahedron shape, which looks like two back-to-back pyramids. Also, Spinels display a more glittering and reflective surface than most of the gemstones available.
The color of Spinel has become very popular these days and therefore, it is widely used in making jewelry. The Spinel value has a huge range and therefore, the Spinel gem price is generally based on its color. The Blue Spinel price per carat ranges from INR 2,000 ($ 25) to INR 20,000 ($ 275), Red Spinel price per carat and Purple Spinel price per carat starts from INR 10,000 ($ 135) to INR 20,000 ($ 275), Deep Pink Spinel price per carat ranges from INR 1,500 ($ 20) – INR 1,10,000 ($ 1,500), and Black Spinel price per carat is the least expensive which usually starts from INR 250 ($ 3) to INR 300 ($ 4).
Spinel looks mesmerizing when set on a piece of jewelry, and therefore, they are judged and selected based on their quality. The factors that affect the Spinel cost and quality are its origin, cut, clarity, color, and carat weight. The following factors are explained below –
Origin: Spinels are mainly found in Myanmar, Afghanistan, and Sri Lanka, and have been discovered more recently in various sites of Africa, Australia, Russia, and Vietnam. Certain colors such as the Burmese Bright Red, Namya, and Jedi can only be found in Burma, ‘Colbaltain’ spinels with a hint of zinc are from Sri Lanka and the cornflower blue from Vietnam.
Color: Spinels occur in numerous colors ranging from bright red, cobalt blue, vivid pink, and orange. It is advisable to buy Spinels with a medium color tone, as they are considered to be of the highest quality. The most desirable color shades of Spinels are Blood-Red Spinel and Clean Cobalt Blue Spinel. However, the red shade holds a higher value.
Cut: The cut is a major factor in determining Spinel stone price and quality, therefore, a poor cut can make the gemstone dull, faded, and low priced. Spinels are usually cut to the shape of what the surface would allow to retain weight and minimize waste. They should be given a symmetrical cut so that the light can reflect properly. Some of the most popular choices in shape for jewelry are oval, cushion, round, and Emerald cut Spinel.
Clarity: The Spinel inclusions can be in the form of crystals, negative crystals, fractures, and healed fractures. Spinels that are usually eye-clean are worth more than ones with visible inclusion. The Spinel gemstone price decreases as the number of inclusions increases.
Carat Weight: Spinels can be obtained in a smaller size to a bigger, rare stone. Any Spinel with a size greater than 5 carats is rare, especially the brighter red shades. Sizes up to 3 carats are gradually becoming less available whereas Spinel sizes up to 2 carats are usually very common. Some faceted Spinels have been obtained in sizes bigger than 100 carats but they are extremely rare.
GemPundit, being a leading provider of gemstones and gemstone jewelry provides 100% natural, unheated, untreated, authentic, and gem-lab certified gemstones. At GemPundit’s website, you can buy AGR, IGI, GEMTRUE, and ITLGJ Certified Spinel gemstones at the best prices.
Spinel is known as an excellent jewelry gemstone due to its beautiful color, good luster, and excellent transparency. Spinel can make any piece of jewelry a hundred times more attractive. GemPundit has an exclusive collection of Spinel jewelry made from the finest quality of Spinel gemstones ranging from Spinel Rings, Spinel Bracelets, and Spinel Pendants. At GemPundit, the customers can share their jewelry designs or can select from our Custom Jewelry section. Our team of skilled and professional CAD experts will design your jewelry per your style and guide you through each step even if you are not aware of how the gemstones or the designing work. GemPundit’s expert astrologer will recommend gemstones that will suit your needs based on your birth details and zodiac sign. Our expert consultants provide 24×7 customer support to cater to the needs of the customer and aim to provide the best service. For a consultation with our experts, you can book our Astro Consultation Service.