A raw pink amethyst costs anything from $6 for a tiny crystal to $200 for a 4 lb (1.8 kg) geode. A genuine pink amethyst ring could set you back a few hundred to a few thousand dollars, depending on the precious metals and stones used in the piece.
So, what makes pink amethyst so valuable and so lavish?
Pink amethysts are more expensive than purple amethysts because the pink crystals are rare. People want them because they’re beautiful and there aren’t many of them around. High-quality crystals cut by a professional are the most expensive of them all.
But there’s a lot more that goes into the high price tag of a pink amethyst. Below, I’ll go into more detail about the 6 things that make pink amethyst so valuable…
In this post, you’ll find out what makes pink amethysts so valuable and why.
Pink amethyst is found in only one place
Purple amethyst is found in many countries, with the largest mines in Brazil, Uruguay, and Zambia. But pink amethyst is hard to find – in fact, it’s only found in one area called Patagonia.
You can read more about Patagonia and how pink amethyst is mined in this blog post.
Because pink amethyst is not as common in nature as other amethysts and hasn’t been found in more places yet, it’s quite rare.
When something is rare, it’s more expensive because people want to buy it but there aren’t many for sale. This pushes up the price as people are willing to pay more for it.
Pink crystals aren’t that common
The most common crystal colors are white, blue, red, orange, and yellow. There happens to be many crystals in these colors, so they tend to be cheaper than crystals with rarer colors, like pink.
Pink amethyst gets its unique pink color from traces of hematite, an iron oxide, in its structure. You can find out more about pink amethyst coloring in THIS guide.
The intensity of the pink can vary, ranging from pale to more vibrant and saturated shades.
The intensity of the crystal’s color also affects its price. An amethyst with vivid and saturated pink hues costs more than an amethyst that’s pale simply because jewelers and collectors favor crystals with brighter colors.
Sometimes fakes are sold as pink amethyst. Click here to find out how to tell the difference.
People really want to buy pink amethysts
A seller can ask for more money when there are a lot of people that want to buy something.
As pink amethyst becomes more and more popular, more jewelry makers, vendors, and collectors want to buy this crystal.
As demand increases, so does the price.
If people stop wanting to buy pink amethyst, or it becomes widely available, the crystal will lose value and drop in price.
Pink amethyst brings many benefits
Many people love owning a pink amethyst just because this semi-precious stone is so beautiful to look at. They find value simply in the beauty and rarity of the crystal.
Others buy and collect pink amethyst because of the crystal’s believed metaphysical properties, such as emotional healing, improved intuition, and the attraction of love and compassion into one’s life.
Being pink, this crystal is often associated with the heart chakra and is believed to have calming and balancing effects on the mind, body, and spirit.
These properties add value to pink amethyst for those who place trust in the crystal’s metaphysical, spiritual, and therapeutic benefits.
Better quality pink amethysts are more expensive
Gems are graded on something called the Four Cs. These are: color, clarity, cut, and carat (aka weight).
The overall grading of the Four Cs impacts the price of any crystal. The better the quality, the more expensive the crystal is.
Higher-quality pink amethysts with few flaws and good clarity are more valuable. They’re even rarer than regular pink amethysts, and collectors and jewelers are willing to pay a lot for them.
Cutting and polishing raises the price
Pink amethyst that’s pulled from the ground is rough and raw. Raw pink amethyst like this is cheaper than pink amethyst that’s been worked on.
To use pink amethyst in jewelry or handmade decorative pieces, the raw crystal needs to be cut or sculpted by someone who knows how to work with crystals. A person who does this is called a lapidarist.
Lapidarists have the skill to cut and polish a pink amethyst in a way that removes flaws and brings out the crystal’s best features.
If you have pink amethyst jewelry, it’s important to clean and store it properly. Here’s how.
But applying this skill and taking the time to cut and polish a crystal costs money, which gets added to the crystal’s price tag when it goes on the market.
The more work that goes into the cutting and polishing of a crystal, the higher the price.