Is Australian Opal A Good Investment?
Australian opal is highly prized, rare and the best quality opal in the world. Opal is considered a safe investment because the material has never dipped in value and has only ever increased due to the demand of the world market and jewellery production. At the Good Opal co.
What opals are worth money?
Black opal is the most prized opal and may realise prices over AUD $15,000 a carat. Boulder opals also have a dark body tone. White opals have a light body tone and are generally the least valuable form of opal.
What is the rarest opal in Australia?
Black opal is the most rare and highly valued form of opal, and has what is called a black (or dark) body tone. Black opals come in every colour of the rainbow.
Which opal is the best?
Some of the finest, most-valuable opals in the world include:
- Fire of Australia. Considered the finest uncut opal, it is valued at close to $900,000.
- The Virgin Rainbow. This $1 million opal is the world’s most expensive.
- Aurora Australis.
- The Queen.
- Pride of Australia/Red Emperor.
- The Flame Queen.
Will opals increase in value?
Broad flash crystal opal’s have not increased in price but are considered a good introduction opal to new buyers as the price is economical. We believe the best Investment strategy is to purchase large cabochon opals with unique patterns, there is strong demand so they should be able to be resold.
Who is the richest opal miner?
The Virgin Rainbow opal has been valued at more than a million dollars. He unearthed a $1 million opal said to be the most beautiful in the world but more than a decade on fortunes have changed for John Dunstan.
What is the most prized opal?
The “Olympic Australis” is reported to be the largest and most valuable gem opal ever found. It was found in 1956 at the famous “Eight Mile” opal field in Coober Pedy, South Australia.