Welcome back to True Gems channel! Today, we're exploring how to invest in spinel gemstones and potentially earn $100,000. From understanding the market to making smart buying and selling decisions, we’ll guide you through the process."
First of all let’s talk about the Colors of Spinel and deposits, they also effect the price
Spinel is prized for its vibrant and diverse range of colors, which include:
- Red Spinel: Known for its rich, intense red hues ranging from vivid crimson to deep ruby-like shades. Red spinel is one of the most coveted colors and often mistaken for ruby historically.
- Blue Spinel: Exhibits shades from light azure to deep cobalt blue. Blue spinels can resemble sapphires but often have a different brilliance and sometimes a hint of violet or gray.
- Pink Spinel: Comes in delicate pastel pinks to vivid hot pinks. Pink spinel is valued for its feminine appeal and can resemble pink sapphire but with a different crystal structure and dispersion.
- Purple Spinel: Features shades from soft lavender to deep purple. Purple spinel is less common but highly prized for its unique color saturation.
- Orange Spinel: Displays warm orange tones, sometimes with hints of red or brown. Orange spinel is relatively rare and valued for its fiery hues.
- Brown and Black Spinel: Found in darker shades, ranging from chocolate brown to opaque black. These spinels are less common and often used for their unique aesthetic.
- Colorless Spinel: Occurs in transparent or nearly transparent form. Colorless spinel can resemble diamond and is valued for its clarity and brilliance.
The most valuable colors are red and pink colors and last few years blue spinel, especially cobalt-blue.
Spinel is mined in various locations around the world, each contributing unique colors and qualities to the gemstone market:
- Myanmar (Burma): Historically known for producing some of the finest red spinels, often referred to as "Burmese spinels." Myanmar also yields blue, pink, and lavender spinels. Very
important moment, last 20 years there is military government in this country. From now and than Situation is not stable , even today (July 2024) armed uprising had begun. The price for Burmese spinel increased dramatically, that’s why I personally stopped buying it until better time.
No worries we still have options to invest our money.
- Next deposits are located in Sri Lanka (Ceylon): Famous for its pink and blue spinels, Sri Lanka produces gem-quality spinels with excellent clarity and color.
- Tanzania: The Mahenge and Tunduru regions in Tanzania are renowned for their vivid pink to red spinels. Tanzanian spinels often exhibit a neon-like glow and are highly sought after by collectors.
- Vietnam: Known for producing a variety of spinel colors, including vibrant reds, blues, and pinks. Vietnamese spinels are prized for their intense color saturation. I personally adore lotus color of Vietnamese spinel, but it’s not so easy to find spinel from this deposit in
Good cutting and price. Usually, it is overpriced due to exhaustion of the deposit.
I have to mention Afghanistan and Thailand spinels as well. Just to cover all information. Normally, you never cross by spinels from this deposits.
Each region's spinels are unique due to geological conditions and trace elements present during their formation. The most valuable are Burmese and Tanzanian spinel.
Thirty to forty years ago, spinel was a relatively obscure gemstone in the world of gems and jewelry. Often overshadowed by the more popular rubies and sapphires, spinel was inexpensive and easily overlooked. However, for those who recognized its beauty and potential, the period from the 1980s to the early 2000s was a golden opportunity for investment.
Its brilliance and durability make it an excellent choice for jewelry, but it was often mistaken for other gemstones. Many famous rubies throughout history, including those in the British Crown Jewels, were later identified as spinels. Despite its misidentification, spinel’s unique charm remained largely unrecognized by the broader market.
In the late 20th century, spinel was significantly undervalued. Prices were low, and the gem was relatively easy to acquire. Savvy investors who saw the potential in spinel's beauty and rarity could purchase high-quality stones at a fraction of today's prices. This period was the best time to invest in spinel, as those who did so have seen their investments grow substantially in value. I know few guys, who invests into the spinel that time and bought it for 10-30$ a carat. Easy to count, that they are billionaires today, when the good spinel costs between 500$-5000$ a carat , excellent quality much more expensive.
In recent years, spinel has gained the recognition it deserves. Gemologists and jewelers have increasingly highlighted its vibrant colors, brilliance, and rarity. High-profile jewelry designers and luxury brands have incorporated spinel into their collections, further elevating its status. The growing awareness and appreciation of spinel have driven up demand, and consequently, its market value has surged.
Spinel’s sources are finite, and the gem is not renewable. Most of the world’s high-quality spinel comes from regions such as Myanmar, Sri Lanka, and Tanzania. As mining continues, these sources are gradually depleting. Unlike synthetic gemstones, natural spinel cannot be reproduced, making each stone a unique and valuable asset.
While the opportunity to invest in spinel at rock-bottom prices has passed, it is never too late to recognize a valuable asset. The current market trends suggest that spinel will continue to appreciate in value. Its rarity and beauty make it a timeless addition to any investment portfolio. Moreover, with increasing interest in sustainable and ethical sourcing, spinel, with its often more transparent supply chain compared to some other gemstones, presents an attractive investment.