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Determining the value of a gemstone is not an easy task. The various factors that need to be considered while evaluating a gemstone are:
For gemstones, rarity is a sliding scale. The rarer the gemstone, the more valued and cherished it is. But it is not just rarity that makes a gem more valuable. For instance, Tsavorite Garnet is rarer than Emerald, but Emerald's history makes it more sought-after and valuable.
Durability refers to a gemstone's ability to withstand wear, heat and chemicals. Gems that are more durable are more valued, though not always.
Demand for a gemstone influences its value. Some rare gems are relatively unknown and thus have reduced demand as well as value. Sometimes marketing of these unknown gems leads to a surge in popularity, boosting their value. Tanzanite used to be relatively unknown but has become quite popular in recent times.
Enhancement refers to any kind of treatment given to a gemstone, other than cutting and polishing, in order to improve its appearance, durability and strength. The enrichment techniques vary with every variety of gemstone.
Commonly used enhancement techniques are:
Note: Gemstones may have been enhanced to improve their appearance or durability and may require special care.
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