Markets/Cassiterite

Cassiterite

Bolivia, China, Russia

$200
per carat+0.0%
P10
$65
P25
$125
Median
$200
P75
$500
P90
$680

Cassiterite is tin dioxide (SnO2), the chief ore of tin, and can form high-luster crystals suitable for cutting. Gem-quality cassiterite is typically brown, yellow, black or colorless, with very high refractive index and dispersion, giving it strong brilliance and fire when well cut. It has Mohs hardness around 6–7 but is brittle.

Price History

$0.2K
2020
$0.2K
2021
$0.2K
2022
$0.2K
2023
$0.2K
2024
$0.2K
2025
2020Stable demand, pre-pandemic market conditions.
2021Market recovers; supply chains restart slowly.
2022Prices hold steady amidst post-COVID uncertainty.
2023Inflationary pressures normalize; steady growth.
2024Stable supply; prices rise with general inflation.
2025Market stability projected.

Value Drivers

Carat

Carat weight is a strong value factor: most gem cassiterite stones are small, and clean, well-cut gems above 2–3 carats are scarce. Larger, fine stones can command significant premiums from collectors.

Color

Color influences appeal and price. Attractive medium-toned golden, yellow-brown or cognac hues with good saturation are most sought after. Very dark, nearly opaque black stones or very pale, washed-out colors are less desirable, though still collectible for rarity.

Clarity

High transparency and relative freedom from fractures are important, as cassiterite crystals often contain internal stress and inclusions. Eye-clean stones with only minor internal features are valued strongly; obvious fractures reduce both beauty and durability.

Cut

Cut is critical to showcase cassiterite's high brilliance and dispersion. Well-proportioned brilliant or step cuts with excellent polish can display impressive fire, but cutting is challenging due to brittleness. Poorly cut stones can appear dark or lifeless despite high intrinsic optical properties.

Market Dynamics

Supply

Cassiterite is mined in many tin-producing regions, including China, the Democratic Republic of Congo, Bolivia and Russia. However, nearly all production is used as ore; only a tiny fraction of transparent crystals are preserved and cut as gemstones.

While industrial cassiterite resources are extensive, the supply of facetable gem-quality material is limited, likely in the low millions of carats or less historically.Only a modest fraction of mined material appears as fine, finished gems; much remains as mineral specimens or low-grade cutting stock held by specialist dealers and collectors. in circulation
Demand

Demand for gem cassiterite is niche and driven by collectors who value its rarity and optical performance. It has little presence in mainstream jewelry due to limited availability and durability concerns.

Recent Trends: niche but stable collector interest, with fine, well-documented stones achieving strong prices through specialist dealers and auctions.

News

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Insights

Cassiterite's very high refractive index and dispersion can give well-cut gems a visual sparkle and fire comparable to or exceeding many better-known stones.

Because it is brittle, cassiterite is best used in pendants, earrings and other low-impact settings rather than rings intended for daily wear.

Alluvial deposits in regions such as Bolivia and the DRC have produced a portion of the gem-quality cassiterite seen on the market.

There is no meaningful market in synthetic cassiterite for jewelry, and most stones offered are natural, though provenance can be difficult to establish.

Gem cassiterite is sometimes misidentified or sold under generic brown gem labels; proper testing is needed for accurate attribution.

Because the gem market for cassiterite is small, prices can vary significantly between dealers and venues, especially for unusually large or fine stones.

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