How much does opal usually cost?

Australian opal’s price ranges from $10 – 6,000 per carat, occasionally reaching $10,000 per carat in the case of exceptional black opals. Fire Mexican opals’ price points range from $7 – 300 per carat. Ethiopian opals are also quite expensive.

Is opal worth any money?

Opal is an extremely precious gem. Gem Black, Boulder, Crystal and White Opals are the world’s #1 most valuable commercially available gemstone, yet they are complex with an exponentially large range of valuation characteristics than Diamonds, Rubies, Emeralds, Sapphires or Tanzanites.

Is opal worth more than diamond?

Getting your hands on opal is easy, but finding gem-quality opal is another story. Diamonds, on the other hand, fetch a high price even for the most low-quality diamonds. Why is value important? Because the value of most diamonds will be higher than opals, while high-quality opals are rarer than diamonds.

What is the rarest opal color?

Black opal is the most rare and highly valued form of opal, and has what is called a black (or dark) body tone. Black opals come in every colour of the rainbow. Their dark body tone makes the colours on the face of the opal appear rich and intense.

How can I tell if my opal is real?

Ensuring your opal is genuine Real opal will not be made of glass, plastic or resin. A genuine opal is a solid stone made of silica. Unless your opal is specified as a doublet or triplet, it should not have foreign material glued or fused to the back.

What rock is opal found in?

In Australia, precious opal is found in Cretaceous age sandstones and mudstones. These sedimentary rocks were deeply weathered and this weathering released silica into the groundwater.