Sapphires, which belong to the corundum gemstone family, are one of the most valuable types of gemstones in the world.
Alongside rubies, emeralds, diamonds and amethysts, sapphires are known as ‘cardinal gems’, which are considered to be the most precious of stones.
Within this guide to selling sapphires online, the following questions will be addressed:
- How much is my sapphire worth?
- Is it safe to sell sapphires online?
- Where can I sell my sapphire online?
- How to sell sapphires online
The sapphire is the birthstone of the month of September and it is also a traditional gift for 45th-year wedding anniversaries.
The popularity of sapphires has increased over the last few years, particularly due to demand in China. They have also seen an increase in popularity since Kate Middleton’s engagement, as her engagement ring (which was originally owned by Princess Diana) contains a 12-carat oval Ceylan blue sapphire.
Why Are Sapphires Popular?
Sapphires are widely renowned for their great durability and array of vibrant shades. They come in all shapes and sizes and their value is dependent on the unique qualities that each stone possesses.
Today they can typically be found in: Myanmar, Sri Lanka, Australia, Tanzania, the United States, as well as other parts of the world.
What Color Is A Sapphire?
We tend to think of sapphires as being blue. However, they do also exist in a variety of other shades. In fact they come in every color apart from red. Red corundum stones are always categorized as rubies.
The reason why sapphires are usually thought of as being a blue gemstone is because when a sapphire is not blue, the color is included in its name. For example: a yellow sapphire or a pink sapphire. These colored sapphires are otherwise known as fancy sapphires.
How Much Is My Sapphire Worth?
One of the key factors in assessing a sapphire’s worth is the color. In fact, the color of your sapphire will be the main determinant of how much your sapphire is worth and how much it will sell for. Color is dependent on three different qualities:
- The saturation (strength of color)
- The hue (the actual color)
- The tone (how light or dark the stone is)
A vibrant true blue sapphire will be far more valuable than a more muted, slightly grey toned sapphire. Darker shades, such as dark blue or dark indigo, are also less valuable because they are much more common than the more vibrant, medium toned shades.
When it comes to fancy sapphires, certain colors are more coveted and valuable than others:
- Blue sapphires are generally the most valuable
- Highly saturated padparadscha sapphires are extremely rare pink/orange stones and their rarity makes them more precious and valuable than many other sapphires
- In terms of white sapphires, the closer the shade is to being colorless, the more valuable it is. If the stone has a slightly yellow or blue tint, this will considerably reduce its value
Beyond color, other important factors that affect the price of your sapphire are:
- Brilliancy: how much light reflects from within the stone
- Cut: emerald, rounds, pears, marquis shapes are worth more
- Carat weight: weight of the stone
- Clarity: the less inclusions there are, the more valuable your sapphire will be) and whether or not it is treated or untreated.
- Origins: where the sapphire originates from is also a factor in determining its value. Sapphires from Kashmir tend to be the most valuable, as well as sapphires from Sri Lanka and Burma.
The most valuable sapphire to ever be found was a Sri Lankan 1,404-carat sapphire in 2015, which was estimated to be worth $300 million. To get a price quote for your sapphire, fill out our online form.
Is It Safe To Sell Sapphires Online?
You may have inherited a sapphire, or have a jewelry piece that you do not find yourself wearing.
If you are looking to sell a sapphire or sell sapphire jewelry, it is safe to sell online as long as you sell to a trustworthy, legitimate sapphire buyer and through a secure site.
Always work with a buyer that is accredited by the Better Business Bureau and has credible online reviews from previous customers.
As well as ensuring that the website is legitimate and safe, it is key to make sure that you are selling to a professional buyer who can correctly assess the sapphire’s value.
Where Can I Sell My Sapphire Online?
eBay/Craigslist: Selling on online marketplaces such as eBay can be a little more problematic, as there is always the off chance that the buyer will claim having not received the item and demand a refund.
When selling on Craigslist, always use caution and meet in a public space. There is ultimately no guarantee that it will sell on these platforms, and if it does it can take a significant amount of time.
Online sapphire buyers: Selling your branded sapphire jewelry through myGemma is the fastest and most secure way of selling gemstones online. We are A+ BBB-rated designer gemstone jewelry buyers and specialize in buying cut and polished sapphires of 1ct and above.
Our GIA-trained gemologists have extensive experience in valuing sapphires. And our process is free with no hidden costs: the amount we offer you is the amount you get.
How To Sell Designer Sapphire Jewelry Online
- To start the process, fill out our simple and quick online form to receive your initial valuation.
- To get a final price for your branded sapphire jewelry, you can either make an appointment or mail in your sapphire via our free, fully insured FedEx Priority Overnight shipping.
- Once you have received your final price, you will receive your payment within 24 hours.
The good news is that from price quote to payment, the process can take as little as 24 hours. There are no costs involved and there is no pressure to sell.
Buy Sapphire Jewelry Online
If you're in the market to buy jewelry, myGemma also has a wide range of jewelry, including sapphire jewelry. myGemma also sells authenticated designer handbags, watches, and other luxury accessories.
With designer goods for up to 80% off retail price, myGemma is the go-to for buying and selling designer accessories online.