The Value Of Morganite In 2024 By Color (Such a steal!)

By Keith Jackson - Geologist

| Updated

The Value Of Morganite In 2024 By Color (Such a steal!)

By Keith Jackson - Geologist

Updated

Among the multitude of gemstones, there is one that holds a special place in the hearts of many: Morganite. Known for its delicate pink color, this enchanting gem has captured the hearts of jewelry enthusiasts worldwide.

Figuring out how much morganite is worth and what its true value is can be tough though. That’s where we can help!

The popularity and worth of Morganite have soared in recent years. Its captivating beauty, combined with its relative rarity, contributes to its market value. It’s often associated with love, compassion, and harmony. It makes this gem a meaningful choice for engagement rings and other sentimental jewelry pieces.

Join us as we discover the value, price, and worth of Morganite and explore why it’s cherished by so many.

What Morganite Is

A stunning,shiny pinkish-blush Morganite pendant on a golden necklace
Morganite Necklace photo provided by and available for purchase at AnemoneJewelry

Morganite is a mesmerizing gemstone that belongs to the Beryl family. It share its lineage with other well-known gems like Emerald and Aquamarine. Named after J.P. Morgan, the esteemed American banker and gem aficionado, this gemstone is a symbol of grace and elegance.

What sets Morganite apart is its enchanting color of delicate pink, which spans from pastel blush to warm peach tones. This captivating color is attributed to traces of manganese within its crystal structure.

This gemstone can be transparent to translucent, with exceptional specimens displaying remarkable clarity. Morganite’s brilliance is further enhanced by its vitreous or glass-like luster when polished.

Due to its beauty and rarity, Morganite has gained significant popularity in jewelry design. It’s often used as a centerpiece gemstone in rings, earrings, pendants, and bracelets. Its gentle and romantic hues make it a favored choice for engagement rings, symbolizing love, tenderness, and affection.

Why Morganite Is So Expensive

A pair of pink Morganite and white Diamond drop earrings

The radiant charms of Morganite has stolen the hearts of many. But what exactly makes this gemstone so cherished and coveted?

Picture this: a dreamy pastel palette of pinks and peaches, reminiscent of cotton candy skies at sunset. That’s the enchanting color range of Morganite! Its delicate hues make it the ultimate gemstone for those who crave elegance and femininity in their jewelry game.

But Morganite isn’t just a pretty face— it’s also quite the charmer when it comes to symbolism. Known as the stone of divine love, it’s believed to promote compassion, harmony, and emotional healing.

Now, let’s talk rarity. Morganite may not be as well-known as other gemstones, but that’s precisely what adds to its allure. Its scarcity, coupled with its ever-increasing popularity, makes it a highly sought after gemstone. Who doesn’t want a dash of exclusivity in their jewelry collection, right?

When it comes to value, Morganite truly shines. If you’re searching for a gemstone that effortlessly combines elegance and romance, look no further than this gem. Its exquisite beauty, charming symbolism, and undeniable rarity make it a gem that’s truly worth treasuring.

It’s quite common for Morganite to be confused with other rocks and minerals. If you’re not 100% sure that what you have is Morganite, check out our guides below:

Tips For Buying Morganite

Morganite ring in rose gold setting

Finding a truly great piece of morganite without spending too much money can be really tough. The price can change based on a lot of different things (we’ll talk more about this later) and some jewelry stores might charge a lot more than they should.

This can make it hard to tell if you’re getting a good deal or not.

Over the years we’ve relied more and more on a few different sources when we want to buy morganite and high-quality morganite jewelry. We’ve found a couple of great national sellers as well as a network of smaller sellers with great reviews.

We’ve found that the most important thing you can do to ensure you’re getting a genuine, high-quality piece of morganite is to buy from a very reputable seller.

We’ve found a few that we think have the following:

  • A great selection of different sizes and pieces
  • Very high quality
  • Ethical sourcing practices
  • Incredible reviews and loyal customers
  • Reasonable prices

With those things in mind, there are a few options you should consider when making your next morganite purchase:

Blue Nile for high-quality jewelry – See their morganite selection HERE

Blue Nile is one of the largest jewelry dealers in the world and we’ve consistently been able to find high-quality pieces from them at reasonable prices. Our team has purchased several pieces from them and has been really happy with the quality.

If you want the biggest selection and the best prices (they do so much business they can have smaller markups) you should try them out first. You can check out their morganite inventory here if you don’t believe us!

Honorable mentionJames Allen

If you don’t find exactly what you need on Blue Nile you should also check out James Allen’s morganite selections. They are another favorite of ours with some great pieces. We just like Blue Nile a bit more and have bought more from them in the past.

Etsy for raw morganite or more handmade pieces (see here)

We’ve really grown to love Etsy and the wide variety of raw and cut morganite available there. It’s a fantastic marketplace of small and large sellers where you can find just about any type of morganite you’re looking for.

We’ve found some great raw morganite and more unique morganite pieces here. You will have to spend a lot more time searching to find what you want though.

The other downside is that the quality is going to be a lot less consistent than with Blue Nile. You’ll be dealing with a lot of smaller sellers and some don’t have the same level of expertise. You can usually avoid the bad ones by looking at their reviews though!

The selection of morganite on Etsy is unmatched!

How To Determine The Value Of Morganite

Pear-shaped pink Morganite set as pendant on a gold necklace

There are several factors that directly affect the value and price of a piece of Morganite. Listed below are the most important factors for this gem:

Color

The hue of a Morganite gemstone plays a significant role in its pricing. The most sought-after specimens exhibit a delicate, consistent, and vivid pink shade. The more intense and evenly distributed the color is, the higher the price will be.

Clarity

A high-quality Morganite should be free from visible inclusions or imperfections. The cleaner the gemstone, the more it will dazzle under the light. Expect to pay a premium for those pristine and flawless Morganites.

Cut

This factor determines how skillfully Morganite has been faceted to maximize its brilliance and showcase its best features.

A well-executed cut will enhance its luster, sparkle, and overall appeal.The precision and artistry of the cut can greatly influence its price. After all, it’s the masterful craftsmanship that brings out its true radiance.

Carat and Size

In Morganite, size matters. Larger specimens are rarer to come across, so they tend to command higher prices.

That being said, remember that quality is still key. A smaller, top-quality Morganite can sometimes surpass the value of a larger stone with inferior color, clarity, or cut. It’s all about finding that perfect balance.

Treatment

Untreated and natural Morganite is highly desirable and generally commands a higher price due to its rarity.

But if a specimen has undergone treatments such as heat treatment or irradiation to enhance its color or clarity, its value may be affected. While it can still be stunning, its price tends to be lower than untreated ones. This reflects the alteration and potential for color fading or reduced long-term stability.

Market Demand

Factors such as fashion trends, celebrity endorsements, and consumer preferences can influence the demand for Morganite. If it becomes a sought-after gemstone due to its popularity in jewelry design, the increased demand can drive prices up.

Conversely, if alternative gemstones gain more attention, its prices may adjust accordingly.

Carving and Craftsmanship

When a Morganite is skillfully carved and crafted into a unique design, it gains significant value. Intricate carvings, custom settings, and innovative designs showcase the beauty of the Morganite.

Morganite Price

Based on different factors, Morganite’s price can range from $70 to $600 per carat. This price is a steal compared to its competitor for engagement rings, Diamond.

So if you’re looking for a gemstone that will help convey your love and affection without breaking your bank, Morganite is the perfect fit for you.

If you want to learn more about the value of this gemstone, below is a table that will indulge you:

Morganite pricing by unit of measurement

MeasurementPrice
A carat of Morganite$70 to $600
A gram of Morganite$350 to $3,000
An ounce of Morganite$9,922 to $85,049
A kilogram of Morganite$350,000 to $3,000,000
A pound of Morganite$158,757 to $1,360,776
A ton of Morganite$317,514,750 to $2,721,555,000

How To Get An Appraisal On Your Morganite

A pair of dangling earrings with pear-shaped Morganite as center stone with small, white Diamonds surrounding it

When seeking an appraisal for a piece of Morganite, there are several ways you can explore to get a professional assessment of its value.

One of the most reliable options is to consult with a certified gemologist or appraiser. They have in-depth knowledge and expertise in assessing the quality, authenticity, and value of Morganite. Look for individuals with recognized certifications such as Gemological Institute of America or American Gem Society.

Established jewelry stores and dealers also often offer appraisal services for their clients. But be aware that their evaluations may be influenced by their potential interest in purchasing or selling gemstones.

There are also dedicated appraisal services that specialize in assessing gemstones, including Morganite. Look for reputable appraisal services that have a track record of accurate assessments.

Regardless of the method you choose, make sure that the appraiser has the credentials, experience, and reputation in the field. Always inquire about their qualifications and certifications. Request a detailed appraisal report that includes all relevant information about your Morganite.

About Keith Jackson - Geologist

Keith Jackson is an avid rockhound who is constantly exploring new sites to expand his collection. He is an active Geologist with a wealth of experience and information from across the country that he loves to share with the Rock Chasing crew.

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