How much is my opal worth?
Table of Contents
How much is my opal worth?
Opal Value (Price) per Different Colors
| Color of Opal | Price |
|---|---|
| Red | $10 – 200 per carat |
| Rainbow | $10 – 1,000 per carat |
| Pink | $7 – 300 per carat |
| Green | $10 – 200 per carat |
How can I sell my opal?
How to Sell My Opals
- Get your opal appraised by a jeweler.
- Take pictures of your opal at different angles.
- Sell your opals on eBay.
- List your opal for free on craigslist.
- Sell your opal to a jeweler in your area.
- Take your opal to a pawn shop if you need immediate cash and are having problems selling your item.
How long is the Aussie opal season?
about three months
Yep! And it usually lasts about three months. Given the location of Australia, opal mining season is March 1 through the end of June. Opal mining season in Australia is three months long because the time frame correlates with the season.
Are Australian opals valuable?
Australian Opals have a reputation for being the most expensive opals in the world. After all, the most rare uncut opal, the “Fire of Australia,” is valued at a cool $675,000. This opal specimen is about the size of a softball and worth over a half million dollars.
Are black opals valuable?
By comparison, black opals are the most valuable form of opal – due to their dark body tone and the resulting vibrant play of colour. Top of the range gem quality black opal can fetch prices up to AUD $15,000 per carat. However, just because an opal is black doesn’t make it valuable.
How are opals appraised?
The value of an opal depends on many factors. The type of opal, body tone, brilliance, pattern, colour bar thickness, the play of colour, and faults all play important roles in determining the value. Other important factors include the quality of the cut & polish, and the size of the stone.
Are Australian Opals valuable?
What is the best Australian opal?
Black Opal
The most valuable and popular of all Opals is Black Opal. Black Opal accounts for around 5% and is found at Lightning Ridge in Northern NSW. It is called Black Opal because it has a black base caused by black or grey iron oxide impurities in the Opal.
How much do Opal Miners make?
The average opal miner rakes in around the equivalent of a $40,000AUD ($37,257) annual salary over the long term, he estimates, but someone might make $180,000AUD ($167,628) in a single day with a big find, but then go years without another opal discovery.
Is opal a good investment?
Australian opal is highly prized, rare and the best quality opal in the world. Opal is considered a safe investment because the material has never dipped in value and has only ever increased due to the demand of the world market and jewellery production.
How can you tell if a opal is real?
Most genuine solid opals have an irregularity in this area – curved or bumpy due to their natural formation – whereas a man-made stone will be perfectly flat because the two sections are flattened so they can be glued together. Be especially wary if the opal is set in jewellery and you cannot see its back or side.
Which country has the most opal?
Australia
Opal is found around the world (Brazil, Mexico, Honduras and the western US) however Australia produces 95% of the world’s precious opal and it is our official national gemstone.
Can you make money mining opal?
Can anyone Mine opal in Australia?
A person must be licensed to mine for opals in South Australia. South Australia has four proclaimed opal fields – Coober Pedy, Mintabie, Stuart Creek and Andamooka.
Where is opal mined in South Australia?
South Australia has four active opal mining fields, Andamooka, Coober Pedy, Lambina and Mintabie. South Australia is largest producer of opal in terms of volume, and produces the white opal or ‘milky’ type of opal. Read more >
What is the Opal Association?
The Opal Association was incorporated in 2000 and has subsequently attracted a diverse membership of Opal miners, cutters, manufacturers, wholesalers and retailers of many years experience. The Association is based in Australia and has industry members from around the world.
What is promoting Australia’s natural gem stone – the Opal?
Promoting Australia’s Natural Gem Stone – The Opal. A weekend full of entertainment, meals, Opal displays, mine tours and much more. The Opal & Gem Expo boasts over 150 stalls with a huge range of products including gemstones, tools, lapidary supplies and lifestyle products.
Does Australia produce the finest Opals in the world?
What remains certain is that Australia produces the finest opals in the world, stones of a quality that would have blown away anybody in the ancient world.
