Top 10 Rare Gemstones Worth More Than Diamonds
Diamonds are typically the first to come to mind when discussing luxury and worth. Nevertheless, there are a few stones, in the case of the high-end gemstones, that are much rarer, more exotic, and in many times, higher per carat price than diamonds. These ultra-exclusive gems are constantly stealing the limelight, bringing collectors’ interests, and being the talk of the town in celebrity jewelry that creates trends all over the globe.
Here is the most comprehensive guide to 10 extremely rare gemstones that sometimes have a higher price than diamonds, consisting of characteristics, price ranges, and famous names linked with each gem.
1. Alexandrite – The Magical Color-Change Gem
The most stunning natural phenomenon that can be seen in gems is strong color change, and one of the stones that possess this feature is the Alexandrite. Daylight makes it look green or blue-green; however, under warm light, the color changes to red or purplish red.

Key Features
- Strong color change (green → red)
- Hardness: 8.5 (very durable)
- Extremely limited natural deposits
- High demand in luxury and collector markets
Price
- $15,000 – $70,000+ per carat for premium quality
Celebrity Spotlight
- Heidi Klum was spotted with an alexandrite ring, which helped to increase the stone's current popularity.
2. Imperial Jade (Jadeite) – The Royal Green Luxury
Imperial Jade is among the Earth’s most precious stones, particularly in the Asian luxury markets. The gemstone's bright green and glowing color is what very easily differentiates it from others.

Key Features
- Pure, intense “imperial green” hue
- Highly translucent
- Deep cultural and investment value
- Popular in elite jewelry auctions
Price
- Top jadeite necklaces can be sold at auction for between $10 million and $30 million.
Celebrity Spotlight
- Historical figures like Barbara Hutton owned iconic pieces of imperial jade.
3. Red Beryl (Bixbite) – Even Rarer Than Ruby
Red beryl remains a gem of the rarest kind with an extraordinary lithospheric rarity of only one per 150,000 diamonds!
Key Features
- Fiery raspberry-red color
- Found mainly in Utah (USA)
- Often extremely small in size
- More rare than emerald, ruby, or diamond
Price
- $10,000 – $50,000 per carat
Celebrity Spotlight
- Although not very common in the jewelry of mainstream celebrities because of its rarity, it is nevertheless highly appreciated by collectors and is always present in the top gemstone auctions.
4. Musgravite – One of the World’s Rarest Gems
Due to its rarity, just a few faceted stones make it to the market each year.
Key Features
- Grey-violet, purple, or olive tones
- Hardness 8–8.5
- Extremely limited supply
Price
- Up to $35,000 per carat
Celebrity Spotlight
- Rarely seen in luxury fine jewelry from the big designer houses-mostly among top brands.
5. Taaffeite – Discovered by Accident
The gemstone was found for the first time while looking at spinel, turning out to be an entirely new mineral.
Key Features
- Lavender, purple, and pink varieties
- Found in Sri Lanka and Tanzania
- Often mistaken for spinel
Price
- $4,000 – $20,000 per carat
Celebrity Spotlight
- It is largely known in the world of high-end collectors and not yet a mainstream red-carpet sitting stunner due to its rarity.
6. Benitoite – The Blue Diamond of California
Benitoite is the official gemstone of California and famous for its neon-blue sparkle.
Key Features
- Electric sapphire-blue color
- Strong UV fluorescence
- Mostly found in one California mine
- Rare in sizes above 1 carat
Price
- $6,000 – $15,000 per carat
7. Grandidierite – Sea-Blue Rarity
Grandidierite is mainly characterized by its glowing blue-green shades and extraordinary rarity in transparent form.
Key Features
- Translucent to semi-transparent
- Blue-green, oceanic hue
- Extremely limited sources
Price
- $10,000 – $25,000 per carat for transparent gems
Spotlight
- Rarely worn by celebrities—mostly showcased in gem shows and museums.
8. Poudretteite – Pretty & Pink
A delicate pink gem with a soft, pastel blush, poudretteite is found in Canada.

Key Features
- Soft pink tones
- Very small stones available
- Extremely rare on the market
Price
- $3,000 – $10,000 per carat
9. Painite – Once the World’s Rarest Gem
A Guinness World Record for rarity was held by Painite at one point, with only three known crystals in existence.

Key Features
- Deep reddish-brown to orange hues
- Still extremely limited
- Mostly kept as collector specimens
Price
- $5,000 – $60,000 per carat depending on clarity and size
10. Black Opal – Australia’s Dark Fire
Black opal is loved for its dramatic rainbow flashes on a dark background, that makes one of the most breathtaking gems.
Key Features
- Intense play-of-color
- Found mainly in Lightning Ridge, Australia
- Considered the most expensive type of opal
Price
- Exceptional stones can reach $10,000 – $40,000+ per carat
Celebrity Spotlight
- Cate Blanchett sported her pair of black opal drop earrings, hilariously beautiful, at the red carpet.
Conclusion
Despite diamonds still being the ultimate representation of love and extravagance, the realm of rare gems is not only more varied and less predictable but also more costly—astoundingly so at times. Amongst these gems are the remarkable color-changing ability of alexandrite, the deep green and cerulean shades of jadeite, the brilliance of black opal, and so on—each one is nothing less than a masterpiece of nature's art.
FAQ
1. Which gemstone is more valuable than a diamond?
Imperial Jade, Alexandrite, Red Beryl, and Musgravite are often more expensive than diamonds.
2. What is the rarest gemstone in the world?
Painite and Musgravite are among the rarest gemstones ever discovered.
3. Why are some gemstones pricier than diamonds?
Their extreme rarity, limited supply, and unique color qualities raise their value.
4. Is Alexandrite worth more than a diamond?
Yes, top-quality Alexandrite can cost significantly more per carat than diamonds.
5. Which gemstone has the highest price per carat?
Imperial Jade holds some of the highest per-carat prices in the world.
6. Do celebrities wear rare gemstones?
Yes, stars like Heidi Klum and Cate Blanchett have worn rare gemstone jewelry.
7. Are rare gemstones a good investment?
Yes, high-quality certified rare gems can appreciate over time.
8. How do I verify a rare gemstone?
Always buy stones certified by trusted labs like GIA or AGL.
9. Where can I buy rare gemstones?
High-end jewelers, reputable dealers, and major auction houses sell them.
10. Can rare gemstones be worn daily?
Some are durable, but delicate gems like opal require protective settings.