OPAL MINING – Lightning Ridge

At Lightning Ridge in Australia, they have a committee that values opal miner’s opals each Saturday. Several experienced opal valuers will price the opal per carat and the final value will be determined by the average price per carat. The above factors can vary from person to person and that is the reason you may see variation in price per carat amongst miners.

During this article if you are not sure of any of the terms, checkout our glossary for an explanation on just about everything spoken in the Opal world.

COLOR

Color is the first thing that you will notice about an opal. Red is the rarest and most sought out color. In order of value, the most valuable color is red, then orange, green, blue and purple. However, Opal is usually never a single color. It is important to decide what the dominant color is followed by any secondary colors. Use the dominant color as the color that will affect the price.

Some Opals of note would be the red Opal with a purple hue color bar hidden inside. This will create a deep majestic red color. Also electric blue Opals are more valuable as the hidden color bar makes the Opal brighter than the normal blue.

Density and intensity of color is also important to determine the price. The thickness of the color bar can help to amplify the brilliance of the Opal color. Seam Opal generally has a thinner color bar than opals formed in a knobby