GIA GEMOLOGIST ARTICLE

Tsavorite Prices 2026: Cost per Carat by Size & Quality

Tsavorite costs $100–$2,000 per carat; fine stones over 2 ct run $2,500–$8,000. See 2026 prices by size and quality, plus price rises since 2011.

Antony Zagoritis

GIA Graduate Gemologist
ICA Ambassador to Kenya

The short answer: most Tsavorite sells for about $100 to $2,000 per carat. Fine stones over 2 carats cost $2,500 to $8,000 per carat, and exceptional stones over 5 carats can pass $10,000 per carat. This guide explains what sets the price of a Tsavorite, from the miner’s parcel to the finished stone in a jeweler’s window.

In brief

Key Takeaways

  1. Color sets most of the price. A vivid, pure green at the ideal tone can cost five times as much as a pale or overly dark stone of the same size.
  2. Price per carat climbs steeply with size. Fine stones over 2 carats are rare and over 3 carats very rare, so a 5 carat stone costs several times more per carat than a 1 carat stone.
  3. Tsavorite is untreated. You are paying for natural color, and there is no lab-grown Tsavorite on the market.
  4. Every middleman adds a margin. Buying from a dealer who sources rough and cuts in-house removes most of them.
Price guide

How Much Does Tsavorite Cost per Carat?

The table shows typical retail prices per carat as of November 2026. Find your stone’s size band, then judge which quality column it belongs in. To get the total price, multiply the price per carat by the weight: a 2.50 carat fine stone at $2,500 per carat costs $6,250.

Carat weight CommercialLight, yellowish or very dark; visible inclusions FineMedium to medium-dark pure green; eye-clean Top gemVivid green, GIA tone and saturation 5 to 6
Under 1 carat$100 to $400$400 to $1,000$1,000 to $2,000
1 to 2 carats$200 to $600$1,000 to $2,500$2,500 to $5,000
2 to 3 carats$300 to $800$1,500 to $3,500$3,500 to $6,000
3 to 5 carats$400 to $1,000$2,500 to $5,000$5,000 to $8,000
Over 5 carats$500 to $1,500$4,000 to $8,000$8,000 to $15,000+

Prices in US dollars per carat, retail, November 2026. Ranges compiled from published dealer price guides and the GemGuide wholesale index. Prices from a mine-to-market dealer usually sit at or below the low end of each band.

See our current Tsavorite prices

Size

Why Bigger Tsavorites Cost More per Carat

Tsavorite’s price per carat rises steeply with size. In the wholesale market, a top-grade stone of 5 to 10 carats now costs about $8,500 per carat, against about $1,550 for a 1 to 2 carat stone of the same quality.

Per carat, a fine 5–10 ct Tsavorite costs 5.5× a 1–2 ct stone

Wholesale price per carat, top grades, US dollars, 2026.

$1,550
$2,250
$5,250
$8,500
Source: GemGuide wholesale price index for top-grade Tsavorite, 2026. 1–2 ct: $1,550. 2–3 ct: $2,250. 3–5 ct: $5,250. 5–10 ct: $8,500.

The reason is geology. Most Tsavorite crystals are small and fractured, so clean rough big enough for a 3 carat stone is rare, and rough for a 5 carat stone is exceptional. Stones up to 1 carat are fairly common, fine stones over 2 carats are rare, and fine stones over 3 carats are very rare. The large sizes have also gained the most value, as the next section shows.

Prices step up at the round numbers. A 2.05 carat stone usually costs noticeably more per carat than a 1.95 carat stone of the same quality, so a stone just under a threshold can be a good buy.

Price trends

How Much Have Tsavorite Prices Risen Since 2011?

Top-grade Tsavorite has become much more expensive since 2011, and the larger the stone, the bigger the rise. Wholesale prices for fine 5 to 10 carat stones have nearly tripled, from about $3,000 to $8,500 per carat. Fine 3 to 5 carat stones have more than doubled.

Chart of wholesale Tsavorite prices per carat for top grades in 2004, 2011 and 2026, by carat size
Wholesale price per carat for top-grade Tsavorite, from the GemGuide wholesale price index.
Carat weight 2011USD per carat 2026USD per carat Rise since 2011 Average per yearCompound, 15 years
1 to 2 carats$1,250$1,550+24%1.4%
2 to 3 carats$2,000$2,250+13%0.8%
3 to 5 carats$2,500$5,250+110%5.1%
5 to 10 carats$3,000$8,500+183%7.2%

Source: GemGuide wholesale price index, top grades. Percentages calculated from the index figures.

The split follows supply. Fine stones under 3 carats still come out of the ground in reasonable numbers, so their prices have only edged up. Clean rough big enough for a 3 or 5 carat stone has always been scarce, and output from the main mines has been limited and irregular, so the supply of large fine stones has not kept up with demand.

These are wholesale figures for the finest grades, not resale values. They show where the market for top Tsavorite has moved, but a stone bought at retail will not necessarily resell for more. For a buyer, the practical point is that a fine stone over 3 carats is unlikely to get cheaper.

01

How Does Color Affect Tsavorite Price?

Color accounts for more of a Tsavorite’s price than any other factor. Two 2 carat stones of identical clarity can differ in price by five times or more on color alone. Gemologists judge color in three parts:

  • Hue: the green itself. Pure green, or green with a faint touch of blue, is most valuable. A yellowish tint lowers the price.
  • Tone: how light or dark the stone looks. The top grades sit at GIA tone 5 to 6. At tone 7 a stone starts to look blackish in low light.
  • Saturation: how vivid the color is. The finest stones combine strong saturation with a bright, lively face.

Mint garnet, a pale green grossular from the same deposits, is attractive but priced well below Tsavorite. Put color first: a smaller stone with superb color is worth more, and looks better, than a larger one with a weak or overly dark green.

See our Tsavorite color grades

Tsavorites compared to show how color quality and size affect value
Top quality
GIA tone and saturation 6/6, 6/5, 5/5
Too light
5/4, 4/4, 4/3, 3/3, 3/2
Too dark
7/6, 7/7
Best hue
Pure green to slightly bluish green
02

How Do Clarity, Cut and Treatment Affect Price?

Clarity. GIA classes Tsavorite as a Type II gem, meaning it usually has some inclusions. A top-grade stone does not have to be flawless under a loupe, but it should be eye-clean. Loupe-clean stones carry a premium, especially above 2 carats, and visible inclusions can halve the price.

Cut. Much Tsavorite rough is cut near the mine to keep as much weight as possible, leaving deep, lopsided stones with dark areas or a window. A precision cut gives up some carats but returns far more brilliance. A heavy, poorly cut stone may cost less per carat, but you are paying for weight you cannot see.

Treatment. Tsavorite is not heated, oiled or filled, and no lab-grown Tsavorite is sold commercially. That sets it apart from emerald, where clarity enhancement is standard practice.

What to look for: Tsavorite inclusions

Tsavorites illustrating good and poor cutting
03

Where Does the Money Go Between Mine and Jeweler?

The same Tsavorite can sell for very different prices depending on how many hands it passes through. On a typical route a stone changes hands five or more times between the mine and the buyer, and each step adds its own margin.

  • Local broker: buys from many small miners and assembles parcels for buyers who cannot visit the field.
  • Rough dealer: sorts and grades the rough and sells it on to cutters.
  • Cutter: turns rough into finished stones, deciding much of the final value.
  • Wholesaler and retailer: hold stock, then set and sell it to the public, often with a large markup for shop and marketing costs.

A dealer who buys rough at the mine and cuts in-house removes most of these steps. That is why fine Tsavorite from a mine-to-market specialist often costs a fraction of what a chain jeweler charges for a comparable stone.

From mine to buyer
Typical route
  1. Miner
  2. Local broker
  3. Rough dealer
  4. Cutter
  5. Wholesaler
  6. Retailer
  7. You

Each step adds a margin to the price.

Buying from us
  1. Miner
  2. The Rare Gemstone CompanyBuys the rough and cuts it
  3. You

Fewer margins, and the people selling the stone are the people who cut it.

04

Why Is Tsavorite So Expensive for a Garnet?

Almost all Tsavorite comes from one narrow belt of rock on the Kenya and Tanzania border, mined by small operations with unpredictable output. Campbell Bridges found the gem in northeast Tanzania in 1967 and traced the same formation into Kenya in 1970–71. Tiffany & Co. named it after Tsavo National Park and launched it in 1974.

Three things keep prices high:

  • Small crystals. The host rock was heavily deformed as it formed, so most crystals are fractured into small pieces.
  • Low yield. On average it takes over a tonne of gem-bearing rock to recover under 5 carats of fine 1 carat stones.
  • Small-scale, unstable mining. Deposits are irregular, output rises and falls with each new pocket, and disputes over claims have shut mines for long periods.

That is the main reason fine Tsavorite prices have risen steadily for two decades.

Why Tsavorite prices stay high: limited supply from the Kenya and Tanzania border

See the Tsavorite We’ve Cut

Bought as rough at the source and cut in-house, without the usual chain of middlemen.

Browse Our Tsavorite
05

Is Tsavorite Cheaper Than Emerald?

Yes. For the same look, fine Tsavorite costs much less than fine emerald and much less than fine demantoid. In many ways it is also the more practical stone.

Tsavorite Emerald Demantoid
Fine priceSeveral times cheaper than emerald of similar colorFine Colombian stones often 5–10× the price of TsavoriteHigher than Tsavorite; large fine stones far higher
Hardness (Mohs)7 to 7.57.5 to 8, but brittle6.5 to 7
TreatmentNoneOil or resin clarity enhancement is standardSometimes heated
ClarityOften eye-cleanUsually visibly includedOften included; “horsetail” inclusions prized
BrillianceHigh (RI about 1.74)Moderate (RI about 1.58)Very high fire
Large sizesRare above 3 caratsAvailable in large sizesVery rare above 2 carats

Emerald still has more history and name recognition, and large emeralds are easier to find. But for a vivid, durable, untreated green gem, Tsavorite gives far more for the money. Demantoid offers more fire, but it is softer, harder to source and even rarer in large sizes.

06

How to Tell If a Tsavorite Price Is Fair

A fair price matches the stone’s color, size, clarity and cut against the table above. These checks catch most problems:

  1. Judge color in daylight, not just photos. Ask for a video in natural light. Studio lighting can make a dark stone look vivid and a pale one look saturated.
  2. Compare price per carat, not just the total. Use the right size band: a 1.9 carat and a 2.1 carat stone can sit in different bands.
  3. Look at the cut from the side. A deep belly or a dead center means you are paying for hidden weight.
  4. Ask for a lab report on stones over about 2 carats. A report from GIA or another recognized lab confirms identity. For small stones it can cost more than it is worth.
  5. Be wary of prices far below the commercial band. A “Tsavorite” at a few dollars a carat is usually very low grade, mint garnet or not Tsavorite at all. Green glass and synthetic spinel are the usual imitations.
  6. Ask where the stone came from and who cut it. A seller who buys at the source and cuts in-house can tell you both, and has fewer middlemen to pay.

Frequently Asked Questions

How much is a 1 carat Tsavorite worth?

A fine 1 carat Tsavorite typically sells for $1,000 to $2,500 at retail. A top-gem stone can reach $5,000, while a commercial stone may be a few hundred dollars.

How much is a 2 carat Tsavorite?

A fine 2 carat stone usually costs $1,500 to $3,500 per carat, so roughly $3,000 to $7,000 in total. Top color pushes it higher.

Why is Tsavorite so expensive for a garnet?

It comes almost entirely from one small area of Kenya and Tanzania, its crystals are usually small and fractured, and mining is small-scale. Clean stones over 2 carats are genuinely rare.

Is Tsavorite more expensive than emerald?

No. Fine Tsavorite is usually several times cheaper than a fine emerald of similar color. It is also harder-wearing in practice and untreated.

Are Tsavorite prices going up?

Yes, especially for large stones. Since 2011, wholesale prices for top-grade 5 to 10 carat Tsavorite have risen 183%, from about $3,000 to $8,500 per carat, and 3 to 5 carat stones have risen 110%. Stones under 3 carats rose more modestly, by 13 to 24%.

Is Tsavorite a good investment?

Fine Tsavorite has held and grown its value well, but it is not a liquid asset. There is no public exchange, resale goes through dealers at below-retail prices, and returns depend on buying a fine stone at a fair price. Buy it mainly because you love it.

Is Tsavorite ever treated or lab-grown?

No commercial treatments are used on Tsavorite, and no lab-grown Tsavorite is on the market. Imitations exist, mainly green glass and synthetic spinel.

What color Tsavorite is most valuable?

A pure, vivid green of medium-dark tone, around GIA tone and saturation 5 to 6. Stones that are too pale (mint) or too dark (blackish) are worth less.

Questions About a Tsavorite Price?

Whether you’re considering one of ours or comparing a stone from elsewhere, we’re happy to talk it through. Call 407 974 7565 or get in touch, and we’ll reply within 24 hours.

Contact Us
ABOUT THE AUTHOR Antony Zagoritis, Bsc, GG

Antony completed his GG (Graduate Gemologist) in 1998 at the Gemological Institute of America in California after a degree a Business at the University of Bath, in England. He has extensive experience in the colored gemstone trade with over 20 years buying rough at the source. He is currently the Ambassador to Kenya for the ICA (International Colored Gemstone Association) in New York which is the worldwide body for colored gemstones.

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