High-quality citrine is very affordable in sizes ranging from 1 -10 carats and the cost per carat is between $10.00 to $100.00 per carat. Madeira citrine is regarded as the best in the world due to its deep orange color with flashes of red.
Citrine comes in a range of tones and saturations but it is always a yellow-orange hue. The darker the tone and higher the saturation the higher the cost per carat. Extremely large stones don’t necessarily bring a higher price per carat because you can’t do anything with a 100-carat faceted stone. The main sources of high-quality citrine come from Bolivia, the Democratic Republic of the Congo, Madagascar, Namibia, Peru, and the United States.
How to determine value and cost
When determining the value of the gemstone you will be using GIA guidelines which means color, clarity, carat weight, and cut. You’ll want to look at each one of these individually and then circle back when finished to evaluate the stone as a whole. If you need help identifying citrine then go here first.
Color is going to be the most important factor when determining the value of gemstones. Clarity and carat weight are tied for the second most important factor. When valuing citrine you’ll need to know that Madeira citrine is the most sought-after.
Color – The more intense the color the more valuable the stone is. When dealing with warm colors, think of red and orange, you’ll want to determine if there are brown undertones. If you can’t see brown undertones then the color should be very vibrant. The more vibrant and saturated the color the more expensive the gemstone. If the gemstone has a unique “neon-like glow” then it will demand the highest price per carat.
Clarity – Buyers, and collectors prefer stones with no internal inclusions visible to the eye. Citrine can be found with visible inclusions all the way to flawless. To determine the clarity ranking you’ll need at a minimum a 10x loop and a higher-powered microscope to confirm internally flawless and flawless designations.
If you can visibly see the inclusion while holding the gemstone then the highest designation would be SI1 and if the inclusion detracts from the overall beauty of the stone then the clarity designation would be I1 – I3.
Clarity designations – FL, IF, VVS1, VVS2, VS1, VS2, SI1, SI2, I1, I2, I3
Carat – Citrine can be found in sizes ranging from below 1 carat to above 10 carats. Generally speaking, citrine can be sourced in any carat weight. The larger the stone doesn’t necessarily mean it’s worth more money per carat due to rarity.
Cut – It is sad to say but cut has the least impact on value and cost unless it affects the stone in an extreme way. For example, when you look at the stone you would be able to see through it which means light is not being reflected back to the eye. This is called a window in the stone and it would have to be quite large to impact the price. The other extreme would occur when you look at a stone and see a rough circle or oval shape inside the stone. This occurs when the stone is very shallow and it’s reflecting the rough girdle inside the stone. Note: the girdle is the edge/side of the stone where the pavilion and crown meet.
Colors by Value
Light Colored Citrine price per carat = $10.00 – $20.00
- Large sizes are common
- Mostly found in inexpensive jewelry
Medium Colored Citrine price per carat = $30.00 – $40.00
- Common in all sizes
- Yellowish-orange color
Dark Colored Citrine price per carat = $200.00 – $1,000.00
- Medium to large stones are common
- Orange throughout the stone
Madeira Citrine price per carat = $85.00 – $125.00
- Colored gemstone dealers will have these from time to time
- Somewhat rare due to lower commercial availability
- Orange with flashes or red
Citrine Crystal or Sceptor = $100 – $1,000.00
- Fairly rare due to low commercial availability and high demand
- Highly sought after by rockhounds and crystal collectors
Citrine Crystal Cluster = $5.00 – $725.00
- Range in size
- Sold by the pound or by the piece
How valuable is citrine?
Citrine has never brought a higher dollar per carat because of its abundance. There are stones selling for higher prices because of their hue, tone, and saturation. If you’re looking to add citrine to your collection then you should focus on stones with high saturation and hue like Madeira citrine.
Values of citrine will continue to increase
Each year I do research on market prices for citrine and I can tell you the prices for lighter-colored stones are fairly constant but the price for Madeira citrine slowly rises each year due to its rarity.
If you’re not sure how to value a gemstone then you should consider a gemstone appraisal. Individuals acquiring gemstones through inheritance, estate sales, and auctions typically have the gemstone appraised to determine the value and to ensure the gem is what they think it is.