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Value of Turquoise
By G. Shultz (Owner of Turquoise Buffalo)

Much has been written about the composition of turquoise, the history of turquoise in the United States and throughout the world. I want to take you a step beyond. The information presented here will help you learn what makes a piece of turquoise from a particular mine more valuable than another stone from that same mine. Much has been written about the value of turquoise from various mines with the assumption that all the stones from each mine are of equal value.

There has been very little written to explain that every mine has produced variations of color ranging from light green to dark blue, and also stone of various grades or quality. People have talked about Lander Blue as the most valuable turquoise today selling for an average price of $80.00 per carat. I have seen a lot of Lander Blue that I would not set in jewelry if it were given to me. On the other hand I have seen pieces of Lander Blue that I would almost give my right arm for.

People have described those things that determine the value of turquoise as hardness, rarity, of the stone and “zat”. Believe me, “zat” is everything. But what is “zat?” It has been said that it is the eye appeal of the stone. I define “zat” as not only eye appeal but also the character of the stone. One of the most important factors, to me, is how hard nature had to work to produce a particular piece. Look at the sky when it is very clear without a single cloud as compared to a sky with some clouds or those great bellowing white thunderheads with a beautiful background. Look at the same sky with a magnificent sunrise or sunset.

Look at a body of water when you can’t see below the surface compared to crystal clear water you can see deep into. Add a few fish or plants to provide depth of field or some fern and look at the difference.

We can look at turquoise the same way. For example, Blue Lander has a spider web matrix that is dark brown or nearly black with small nodules of turquoise which are a deep blue color. Without the spider web matrix, the stone would be pretty, but the small nodules or turquoise intertwined with the host rock provide dimension and character. A piece of turquoise with variations of color and matrix provides a piece one can look at a long time and sometimes visualize the images of clouds in the sky, a bird, a mountain or one of the rarest, a fern appearance know as dendrite. Some pieces provide the appearance of many small pools of water. One of the rarest sights of all is when vivid green and blue are created in the same host stone.

Shown below are stones from some turquoise mines demonstrating at least three grades of quality. The various factors reflecting in each stone are highlighted to help you to understand the variations of price value between these grades.

Blue Gem Turquoise

Light Blue Solid Color

Light blue Matrix

Dark Blue, Mata

Light Blue color

Typical of Blue Gem

Light blue color

Rare dark blue

Excellent cut and finish

Small amount of black matrix

Enough matrix to add character

$3.00 - $5.00 / Carat

$4.00 - $6.00 / Carat

$6.00 - $10.00 / Carat

King’s Turquoise

Uniform green throughout

Creamy green

Darker green

Matrix

Matrix

Dark Cream Green

Darker Green

Beautiful finish

Combinations of color in turquoise and matrix provides greater interest

The combination of green colors and the finish on this stone provides eye appeal.

Good Color

The combination of color is more rare

$6.00 - $8.00 / Carat

$7.00 - $10.00 / Carat

$15.00 - $25.00 / Carat

Number 8 Turquoise
(Number 8 is in great demand throughout the world.)

Typical #8 Blue

Matrix Brown

Light Tan Material

Light Blue

Dark Blue

Small nodules of turquoise surrounded by matrix creates spider web appearance

Attractive Stone

Variations of color provide more interest

Small tight nodules of turquoise are rare in #8

Good Finish

Most common form or typical #8 formation

Good finish

Vivid variation of color

Eye Appeal and Spider web increase the value

$30.00 - $50.00 / Carat

$40.00 - $60.00 / Carat

$60.00 - $80.00 / Carat

Royston Turquoise (Blue)

Matrix

Light Blue

Green Streaks

Blue-Green

Strong Hard Matrix. Flecks of lighter matrix.

Vivid Example of host stone

Individual nodules of turquoise

Light Green

Nice Color

Color combinations along with variations of matrix provide depth perception

Beautiful Deep color

Various shades of green and brown provide great interest.

The color along with a variety of matrix give this stone great eye appeal and interest.

Outstanding Finish

Outstanding Finish

This combinations is quite rare in Royston turquoise

$4.00 - $5.00 / Carat

$6.00 - $7.00 / Carat

$10.00 - $15.00 / Carat

Royston Turquoise (Green)

Strong green color

Matrix hard and soft

Strong green

White

Matrix adds character

Strong Green

Typical Matrix

Mild Green, Brown tone

Typical Royston Green

Clean well shaped edges

High Gloss Finish

Typical Royston Green

Matrix shows host stone

Matrix adds character and interest

Typical Royston green turquoise fading into blue-green.

Color variations mixed with matrix add depth and character

Lacks Depth

White adds more character

$4.00 - $5.00 / Carat

$6.00 - $7.00 / Carat

$8.00 - $10.00 / Carat

White Buffalo Turquoise

Black, Grey, White

Pink, Grey, White, Black, Yellow

This stone is hard

Edges rounded nicely

Top grade finish

This stone is more interesting

Has character

More variations of color

Greater character

Lacking character

No depth perception

More interest due to variations of color

Excellent finish

Five colors very rare

Excellent Finish

$2.50-$3.00 / Carat

$3.00 - $5.00 / Carat

$4.00 - $7.00 / Carat

Now that you have a better understanding about the variations of the stone nature has created let us look at the next factor affecting quality. The turquoise must be separated from the host rock. This is done by sawing the stone to expose and remove the turquoise. Then it is cut into slabs. The slabs of turquoise are then laid upon a thin coat of epoxy backing material. The process was developed by Bill King of Manassa, Colorado many years ago. This process provides backing for the stone. Thinner pieces of turquoise can be used and the finishing process is easier. After the backing hardens individual stones are cut. The turquoise is then ground and polished.

The entire process is an art in itself. Some people become very good at it with considerable experience. Some people cut stones all their lives and never produce high quality finish. The quality of the cut and the polish of turquoise has a great deal to do with the value of the stone. The finish can affect the final value up to ten times. Just think, the same quality of turquoise when not well finished may well be worth $1.00 per carat and the same stone with an outstanding finish may be worth $10.00 a carat.

Another factor affecting the value is hardness of the matrix which is usually softer than the turquoise. Will the matrix soften and crumble over time, leaving voids in the stone or will the matrix be there for the life of the piece?

BUYING TURQUOISE

Turquoise mined, cut and polished in natural, untreated form is estimated to be only about 10 percent of the total produced. Only three to five percent can be considered “high grade.” A good percentage of the mined turquoise can be stabilized or treated to enhance the value and make it usable in jewelry. The remainder of the turquoise mined is considered to be too soft or chalky to be enhanced. This stone is ground and mixed with epoxy to form “reconstituted turquoise”. This reconstituted stone is used in costume

jewelry which is quite prolific on the market today.

It requires a great amount of training and experience to discern between natural and treated turquoise. Stone enhancement processes become increasingly sophisticated or simply improve daily. Since 90 percent of the turquoise on the market today is enhanced or reconstituted, it becomes more difficult for the buyer to determine “high grade” and buy with confidence. This can be more easily understood if we look at what has happened to the diamond business as synthetics have become more prolific. It has become more and more difficult for the untrained eye to determine what a real or high grade diamond is. Buying a “high grade” or “high quality” diamond from other than a reputable dealer is like trying to find the needle in a haystack. The odds are very slim.

The same applies to buying turquoise. Many reputable turquoise jewelry dealers sell enhanced or reconstituted stone as well as natural. Most salespeople working in the stores selling turquoise jewelry have little, if any, knowledge of turquoise quality. If you buy from road side stands worked by Indians, department stores, drug stores, souvenir shops, the odds of you getting a high grade stone are slim and none.

If you want to obtain quality turquoise go to knowledgeable, reputable dealers and expect the price to be in direct proportion to the quality. And remember no one knowingly sells a quality stone for less than its true value.

When you shop at Turquoise Buffalo you can depend on getting what you pay for. The salespeople receive training in turquoise quality. They are also taught not to attempt to deceive the customer. Each stone has been carefully examined, evaluated and priced by the owner.

ABOUT OUR INDIAN HAND MADE TURQUOISE JEWELRY

  • Each stone is selected from the highest grade turquoise found anywhere in the world.

  • Each stone is cut to maximize its appearance and value.

  • No two stones are alike, each one is unique.

  • Each stone is selected for a particular piece of jewelry.

  • Jewelry style is determined to best compliment the high grade turquoise.

  • The highest skilled Navajo Indian silversmiths create a highly prized individual, unique, one-of-a-kind piece of jewelry.

Thank you for learning about Turquoise,

G. Shultz

Owner of Turquoise Buffalo Gallery in Sedona, Arizona
and online at Turquoisebuffalo.com

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252 North Highway 89A, Sedona, Arizona 86336
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Turquoise Buffalo Native American Sterling Silver Jewelry in Sedona Arizona AZ. Rings, Gemstones, Earrings, Indian Jewelry

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