Persian regarded emeralds more valuable than diamonds
Long ago, the Persians regarded emeralds and rubies as being more precious than diamonds, and we have evidence from various writers of different ages that stones such as opal and amethyst were esteemed much more highly than they are today. Cellini recorded in the Sixteenth Century that rubies were worth eight times the price of diamonds, while today the Chinese have little use for diamond and regard fine jade as being of much more worth. The finest qualities of Chinese jade are seldom seen outside China, for the Western peoples have not been trained to recognize the different shades and qualities which make up the wide range of this stone.
Precious stones, however, always have a considerable value based on their actual rarity, and unless we all relapse into thinking only in terms of guns, airplanes, and bombs, there will always be some who both appreciate and can afford to buy these unique products of nature. As for jewel stones other than the so-called precious varieties, these fluctuate considerably in value since their supply is seldom limited. During the last few years, prices have risen appreciably. Certain varieties, such as good quality star stones, kunzites, alexandrites, and aquamarines always command good prices; others, such as garnets, amethysts, moonstones, and peridots are the victims of the whim of fashion and their values consequently vary over the years.
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