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Opal. Master Valuer appraised for a retail replacement value of $625.Retail replacement is for bricks and mortar stores with high overheads. Note: My selling price is determined by what I had to pay. and is always well below retail replacement. I bought directly from the source ( no middlemen) and I have no overheads. Makes a huge difference! As I have already partially paid for the appraisal, a signed and sealed copy of the master valuer appraisal can be sent to you for an additional $20. Will be sent from Mr. Knight's office. Takes about a week. Unsigned copy provided at no additional charge.
Opal wholesales to the trade today for approx. $20 for a 1 cwt stone of very low grade quality to approx. $1,000 for a one carat example of extra fine quality. Larger opals bring more per carat. The retail price will be several times that, depending on the retailers markup. Supply and demand rules in true gem buying as in every other human investment.
Each earth mined gem is a unique work of art, unlike the lab produced stones that can be produced in unlimited quantities.
Some people will never understand why people buy an original work of art when they can buy a poster for next to nothing.
Earth mined gems are for those that do. Invest in quality.