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Opal Price Chart

Opals are among the most fascinating gemstones, renowned for their stunning play-of-color and unique beauty. The value of an opal can vary widely based on several key factors, making it important for buyers to understand how opal prices are determined. This blog will provide a detailed opal price chart and explain the factors that influence the cost of these captivating gems.

Opal Price Chart

Factors Influencing Opal Prices

Before diving into the price chart, it’s essential to understand the factors that affect opal prices. These include the type of opal, color intensity, pattern, body tone, clarity, cut, and carat weight. Each of these factors plays a crucial role in determining the overall value of the gemstone.

1. Type of Opal

Answer: There are several types of opals, each with distinct characteristics and price ranges:

  • Black Opal: Known for its dark body tone and vibrant play-of-color. Found primarily in Lightning Ridge, Australia, black opals are the most valuable.
  • White Opal: Also known as light opal, these have a white or light body tone and are common in South Australia. They are generally less expensive than black opals.
  • Boulder Opal: Contains fragments of opal within the host rock, making them durable and often displaying vibrant colors. Prices vary based on quality.
  • Crystal Opal: Known for its transparent to translucent body, which can exhibit brilliant play-of-color. These opals are highly prized and can be quite valuable.
  • Fire Opal: Distinguished by its vivid orange, yellow, or red body color, with or without play-of-color. Mainly found in Mexico, fire opals can range from affordable to high-end.

2. Color Intensity

Answer: The intensity and vibrancy of the colors displayed by an opal significantly impact its price. Opals with bright, vivid colors are more valuable than those with dull or faint colors.

3. Pattern

Answer: The pattern of colors within the opal can also affect its value. Rare and desirable patterns like harlequin, flagstone, and rolling flash can increase the gemstone’s price.

4. Body Tone

Answer: The underlying color of the opal when it is not displaying play-of-color. Darker body tones, particularly in black opals, enhance the visibility of the play-of-color and are more valuable.

5. Clarity

Answer: High-quality opals are eye-clean, meaning they have no visible inclusions. Opals with fewer inclusions are more valuable, although minor inclusions that do not detract from the gem’s beauty can be acceptable.

6. Cut

Answer: The precision and quality of the cut affect the gem’s overall appearance and brilliance. Well-cut opals that maximize the play-of-color and symmetry are more valuable.

7. Carat Weight

Answer: Like most gemstones, the price of opal increases with carat weight. Larger opals are rarer and, therefore, more expensive per carat. However, other quality factors such as color, clarity, and cut also play crucial roles in determining the overall value.


8.16 Ct. Australia No Enhancement Multicolor Opal

4.25 Ct. Australia No Enhancement Multicolor Opal

18.75 Ct. Australia No Enhancement Multicolor Opal

Opal Price Chart

The following chart provides a general guide to opal pricing based on type, color intensity, pattern, body tone, clarity, cut, and carat weight. Prices are approximate and can vary based on specific gemstone characteristics and market conditions.

Type of Opal Quality Color Intensity Pattern Body Tone Clarity Cut Carat Weight Price per Carat (USD)
Black Opal AAA Very vivid Harlequin, Flagstone Black Eye-clean Excellent 1-5 carats $2,000 – $10,000
AA Bright Ribbon, Flash Dark gray Eye-clean Very good 1-5 carats $1,000 – $2,000
A Moderate Pinfire, Flash Gray Slightly included Good 1-5 carats $500 – $1,000
White Opal AAA Bright Harlequin, Flagstone White Eye-clean Excellent 1-5 carats $100 – $500
AA Moderate Ribbon, Flash Light gray Eye-clean Very good 1-5 carats $50 – $100
A Light Pinfire, Flash White Slightly included Good 1-5 carats $20 – $50
Boulder Opal AAA Very vivid Harlequin, Flagstone Dark matrix Eye-clean Excellent 1-5 carats $300 – $3,000
AA Bright Ribbon, Flash Dark matrix Eye-clean Very good 1-5 carats $100 – $300
A Moderate Pinfire, Flash Dark matrix Slightly included Good 1-5 carats $50 – $100
Crystal Opal AAA Very vivid Harlequin, Flagstone Transparent Eye-clean Excellent 1-5 carats $500 – $5,000
AA Bright Ribbon, Flash Translucent Eye-clean Very good 1-5 carats $200 – $500
A Moderate Pinfire, Flash Translucent Slightly included Good 1-5 carats $100 – $200
Fire Opal AAA Very vivid None (Solid color) Orange to red Eye-clean Excellent 1-5 carats $50 – $300
AA Bright None (Solid color) Orange Eye-clean Very good 1-5 carats $20 – $50
A Moderate None (Solid color) Yellow to orange Slightly included Good 1-5 carats $10 – $20
Opal Price Chart

FAQs About Opal Pricing

1. What Makes Black Opals the Most Valuable?

Answer: Black opals are the most valuable because their dark body tone enhances the play-of-color, making the colors appear more vivid and striking. The rarity of high-quality black opals also contributes to their higher value.

2. Why Are Some Opals More Expensive Than Others?

Answer: Several factors influence the price of an opal, including its type, color intensity, pattern, body tone, clarity, cut, and carat weight. Opals with bright, vivid colors, rare patterns, and high clarity are more valuable. Additionally, larger opals with these qualities are rarer and therefore more expensive.

3. How Can I Ensure I’m Paying a Fair Price for an Opal?

Answer: To ensure you’re paying a fair price, purchase opals from reputable dealers who provide certification from recognized gemological laboratories. Compare prices and quality across different sellers, and educate yourself about the factors that influence opal value.

4. Do Treated Opals Have the Same Value as Natural Opals?

Answer: Treated opals, such as those that have been dyed or smoked to enhance their appearance, are generally less valuable than natural, untreated opals. However, high-quality treated opals can still be quite beautiful and worth purchasing if the treatment is disclosed and the price reflects the treatment.

5. Are Opals a Good Investment?

Answer: High-quality opals can be a good investment, especially black opals and other rare types. Their unique beauty and rarity make them desirable, and their value can appreciate over time. However, like all investments, it’s important to buy wisely and consider market trends.

Understanding the factors that influence opal pricing is essential for making informed purchasing decisions. By considering the type of opal, color intensity, pattern, body tone, clarity, cut, and carat weight, you can better appreciate the value of these mesmerizing gemstones. Use the provided price chart as a general guide, but always consider the unique characteristics of each opal. Explore our collection of high-quality opals to find the perfect gem that meets your desires and budget. Whether you are buying for a special piece of jewelry or adding to your collection, our selection ensures you find the best value and beauty in every stone.

Explore the captivating spectrum of opal hues in our Color Grading Chart of Opal to see what makes each gem truly unique.

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