Is Peridot More Expensive Than Diamond?

While one is a vibrant yellow-green gemstone, the other is a sparkling jewel with countless admirers. In simple words, we are talking about the August birthstone peridot and the birthstone of April, timeless diamonds. Both are beautiful and dainty, and when embellished on jewelry creations they are a complete treat for the eyes.

Precious Vs Semi-Precious Gemstones

So, if you wish to buy peridot jewelry but are unsure about its price compared to diamonds, then let us help you pick the right one!

All about Peridot

Peridot is an ancient and well-known gemstone with origins dating back to the Egyptian Pharaoh’s era. It is a gem variety of the mineral olivine and has a lovely hue, which can range from light green to olive-green. The color’s intensity depends on the amount of iron present in its chemical structure; essentially – the more iron it contains, the deeper its green will be. This gem often occurs in volcanic rocks, such as basalts, which are rich in iron and magnesium.

Now, a little bit about Diamonds

Known as one of the hardest naturally occurring substances on earth, diamonds are more than a billion years old. This gemstone is the epitome of class and elegance, with a dash of unmistakable brilliance. Some of the primary sources of this gem included Botswana, Congo, Russia, Australia, and Northern Canada.

So, is Peridot more expensive than Diamond?

Let us analyze both the stones on different quality factors…

Peridot

Color: Peridot’s hue ranges from pure green and yellowish-green to greenish-yellow. Pure green without any hint of brown or yellow is often considered the finest color for this gem.
Clarity: Most high-quality peridots do not have any eye-visible inclusions or tiny black spots.
Cut: An expertly executed cut accentuates the aura and appeal of the peridot. This gem can be found in various shapes and cuts, such as round, oval, cushion, pear, triangle, and marquise. Brilliant and step-cuts are quite popular.
Cost: High-quality stones always cost more. On the other hand, lab-created peridots are more affordable and can cost up to 40% less per carat.

Diamond

Color: The normal color range of diamond varies from colorless and light yellow to brown. Within this assortment, the colorless diamonds are the rarest and most valuable.
Clarity: Nearly all diamonds contain inclusions and blemishes. Most of them are too tiny to be noticed by anyone else other than a trained diamond grader.
Cut: The quality of the cut is vital to the diamond’s pricing and value. Because a better cut results in a brighter-looking diamond.
Cost: Large diamonds are much scarcer than small diamonds. And the higher the scarcity, the more it is worth.

Conclusion

The price of peridot is certainly more affordable than that of a diamond. When purchasing either of them, it is essential to consider your budget, as well as the kind of jewelry style you’re interested in. Also, always ask for the Certificate of Authenticity to understand exactly what you are buying. To make the most of any gem’s beauty, be it peridot or diamond, make it a point to choose only the best quality grade available.