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Gemstone Encyclopedia

Spinel

Wholesale spinel — buying guide for the trade

Long misidentified as ruby in historic crown jewels. Now recognised as a serious gem in its own right, especially Burmese reds, Mahenge pinks and cobalt blues.

Key properties

Mineral
Spinel (MgAl₂O₄)
Hardness
8 (Mohs)
Key origins
Myanmar (Mogok), Tanzania (Mahenge), Vietnam, Tajikistan, Sri Lanka
Typical treatments
None standard — heat is uncommon and disclosed

What to look for when buying wholesale

  • Untreated by default — a major advantage when selling to disclosure-conscious buyers.
  • Mahenge hot-pink and Burmese red are the headline collectors' colours.
  • Cobalt-blue spinel is one of the most expensive blue stones in the trade per carat.

Certification guidance

GIA, SSEF, Gübelin — for any cobalt-blue stone or Mahenge claim, a lab report is essential.

Treatment disclosure

Almost always untreated. Heat treatment exists but is uncommon and must be disclosed.

Typical wholesale price tiers

TierWholesaleNotes
Commercial$80–$500 / ctCommercial colour
Fine$500–$5,000 / ctVivid pink, red, blue or grey
Exceptional$5,000–$30,000+ / ctBurmese red, Mahenge, cobalt blue

Prices are indicative wholesale-to-trade ranges. Actual offers depend on origin, certification and supply at the time of enquiry.

Source direct

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Live inventory from independent dealers in Jaipur, Bangkok, Colombo and beyond. Wholesale prices, no broker chain.

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