Gemstone beryl. Gemstone pricing and value are governed by factors and characteristics on the quality of the stone. These characteristics include clarity, rarity, freedom of defects, beauty of the stone, as well as the demand for them. There are different pricing influencers for both colored gemstones, and for diamonds. The pricing on colored stones is determined by market supply-and-demand, but diamonds are more intricate. Diamond value can change based on location, time, and on the evaluations of diamond vendors. There are a number of laboratories which grade and provide reports on gemstones. Each laboratory has its own methodology to evaluate gemstones.
Gemstone as aquamarine, peridot and cat's eye (cymophane) have been popular and hence been regarded as precious. Today such a distinction is no longer made by the gemstone trade. Many gemstones are used in even the most expensive jewelry, depending on the brand name of the designer, fashion trends, market supply, treatments, etc. Nevertheless, diamonds, rubies, sapphires, and emeralds still have a reputation that exceeds those of other gemstones. Rare or unusual gemstones, generally meant to include those gemstones which occur so infrequently in gem quality that they are scarcely known except to connoisseurs, include andalusite, axinite, cassiterite, clinohumite and red