2026 Market Prices · Updated June 10, 2026

Sapphire Price Per Carat

Sapphire is currently worth $50 to $12,000+ per carat depending on quality.

Blue sapphire pricing runs from under $100 per carat for dark commercial stones to five figures for unheated royal blue from Kashmir or Burma. Color saturation rules: the difference between inky blue-black and vivid royal blue is often 10× per carat. Treatment status and origin certificates then stack multipliers on top of the color grade.

SapphireValue Chart by Carat & Quality (2026)

Retail price per carat for loose stones, by size bracket and quality tier.

CaratCommercial (dark / greenish)Fine blue (royal / cornflower)Top (vivid, unheated-grade)
Under 0.5 ct$50–$300$500–$1,500$1,500–$4,000
0.5–1 ct$100–$500$700–$2,500$2,500–$6,000
1–2 ct$200–$1,000$1,500–$5,000$5,000–$12,000
2–3 ct$400–$2,000$3,000–$8,000$10,000–$25,000
3–5 ct$800–$3,500$5,000–$15,000$20,000–$60,000
5+ ct$1,500–$5,000$10,000–$30,000$40,000–$200,000+

Natural blue sapphire, per carat, heated unless noted. Padparadscha and fine fancy colors price near the upper tiers; certified unheated Kashmir material can exceed every figure shown.

What Drives Sapphire Value

The factors dealers actually price on — and how each one moves the per-carat number.

Color saturation and tone

Vivid royal blue and cornflower blue at medium tone are the money colors. Stones that go inky-black indoors, or carry green/gray, drop to commercial pricing no matter the size.

Heat treatment

Standard heating is accepted and assumed. Certified unheated sapphires bring 2–5× heated prices, with the premium concentrated in fine colors — an unheated certificate on a mediocre stone adds little.

Origin pedigree

Kashmir tops the hierarchy (velvety blue, mostly historic stones), then Burma, then Ceylon (Sri Lanka) and Madagascar. The same stone with a Kashmir origin report can be worth 5–10× its 'origin undetermined' price.

Fancy colors

Padparadscha (pink-orange) rivals fine blue per carat; vivid pinks and yellows trade strongly; greens and color-change stones are collector niches. 'Fancy' is not a discount category in sapphire.

Clarity and cut

Eye-clean is the expectation in blue sapphire, so visible inclusions cut prices quickly. Windowed native cuts trade at discounts — recutting a windowed stone often pays for itself.

Free Estimate

What Is YOUR Sapphire Worth?

Charts show the market — your stone has its own carat, color, clarity, and treatment story. Get a personalized estimate in under a minute.

These prices only apply to genuine sapphire

Imitations and undisclosed synthetics trade at a tiny fraction of these figures. Run the sapphire real-vs-fake tests before valuing or selling your stone.

Sapphire Price Questions

Get answers to common questions about rock identification, rockhounding, and using our platform.

Commercial dark or greenish stones bring $200–$1,000 per carat; fine royal or cornflower blue runs $1,500–$5,000; vivid top-color stones reach $5,000–$12,000. Certificates for unheated or premium origin (Burma, Kashmir) push above those ranges.

Velvety 'cornflower' Kashmir blue historically tops auctions at $100,000+ per carat, with vivid royal blue close behind. Among fancies, padparadscha's pink-orange commands fine-blue money. The cheapest blues are the over-dark, greenish stones common in mass-market jewelry.

Fine unheated stones over 2 carats with lab-certified origin have appreciated steadily for decades and are the realistic 'investment grade'. Commercial heated material is a consumer good, not an asset — buy it for beauty. Either way, certificates are what make stones liquid.

Match your stone's carat and color against the table above, then refine with our free sapphire value calculator — it factors color, clarity, origin, treatment, and cut. For potential premium stones, a GIA or AGL report determining heat and origin is the step that unlocks real value.