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For thousands of years, people have used gemstones in a variety of different ways to add color and more aesthetic value to a range of jewelry pieces, such as necklaces, rings, and earrings. Although today, some gemstones are more popular than others, there is a wide range of other gemstones to choose from which are both stunning to look at and expensive to buy. Whether you’re planning to buy something lovely for yourself, are looking for an expensive gift for that special someone, or simply want to learn more about the most expensive gemstone options, we’ve got all the information you need right here.


Arguably the most popular gemstone of all time, diamonds are also one of the most expensive to purchase. Hugely durable and long-lasting, diamonds are also the traditional choice for engagement rings and other jewelry items which tend to hold more sentimental value. Although most people tend to think of diamonds as being a bright, white or clear stone, they are actually much more versatile than most people realize, coming in a range of different colors, cuts and shapes – red diamonds are one of the most expensive types of this gemstone, priced at up to $1,000,000 per carat. See for a stunning range of diamond rings and other jewelry pieces.



Originally discovered in 1967 in the Musgrave Ranges, Australia, Musgravite is a very rare, hard gemstone which comes in at the massive price of $6,000 per carat. In the same family as the taaffeite gemstone, musgravite has a deep, elegant purple color and makes a stunning addition to almost any type of jewelry. This expensive gemstone can be a perfect alternative to a diamond engagement ring or other diamond jewelry, especially if the wearer prefers gemstones which are of a darker color.

Red Beryl


Found in mineralized rhyolite tuffs in Utah, Red Beryl is colorless in nature but acquires its rich, deep red color from trace amounts of additional elements. At the massive price of up to $10,000 per carat, this gem is rarely found above 2-3 carats, and can be a great alternative to a ruby stone for those who are looking to invest a little more money into their jewelry.



Taaffeite is an extremely rare and expensive gemstone which costs up to a huge $35,000 per carat. Often mistaken for spinel, this gemstone was discovered already cut and polished in 1945 in Dublin, Ireland. Although it was misidentified as spinel at the time, it wasn’t long until it was realized that this was actually a different gemstone altogether. Naturally, this gemstone is found in alluvial deposits in both Tanzania and Sri Lanka.

Do you love expensive and rare gemstones? Which gemstone is your favorite? Whether you’re a die-hard fan of the classic, traditional diamond or prefer to wear gems that get people talking, we’d love to find out more! Whether your favorite gemstone is already on this list or you’d like to add to it, join the discussion in the comments below!



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