Are blue opals worth anything?

Are blue opals worth anything?

In fact, a blue opal exhibiting blue-green colors can cost more than a boulder or crystal opal. These gorgeous blue opals can cost $250 per carat. Ultimately, because opals are each entirely distinct, valuing a blue opal will boil down to color intensity, background, and gem quality.

How much is opal in Ethiopia?

Note – In India, Ethiopian Opal price per carat begins from Rs 250 per carat ($3.24) and reaches up to Rs 4200 ($54.37).

Why are Ethiopian opals so cheap?

It might seem a tad bit odd, but Ethiopian opals are cheap because they don’t control the market. Sure, they are a bit rarer than Australian, but they have to compete with opal royalty. The only way Ethiopian opal sellers can turn a profit is if they offer their gems at a lower price point.

What is Ethiopian blue opal?

Ethiopian opals, however, are hydrophane opals, created as a result of volcanic activity, forming in nodules within the volcanic ash in stratum between rhyolite layers. “Hydrophane” comes from the Greek words meaning “water-loving,” and describes how these opals tend to absorb water.