Markets/Gaspeite

Gaspeite

Various

$35
per carat+0.0%
P10
$14
P25
$21
Median
$35
P75
$53
P90
$77

Gaspeite is a rare nickel carbonate mineral typically colored apple-green to yellow-green, often with brownish veining or matrix. It is usually opaque, with Mohs hardness around 4.5–5, and is primarily used as a cabochon and ornamental stone rather than as a faceted gem.

Price History

$28
2020
$29
2021
$32
2022
$33
2023
$34
2024
$35
2025
2020Stable niche demand.
2021Market recovers; supply chains restart slowly.
2022Supply chain constraints.
2023Inflationary pressures normalize; steady growth.
2024Market normalizes.
2025Projected stability.

Value Drivers

Carat

Carat weight influences value mainly through the size of cabochons and carvings. Larger, well-formed pieces with consistent color and interesting but not overwhelming matrix patterns are more desirable than small or heavily fractured pieces.

Color

('Color is a key driver. The most prized gaspeite shows bright, saturated apple-green or yellow-green hues. Dull, brownish or heavily mottled material is less attractive, though some collectors appreciate striking contrast between green areas and brown matrix.',)

Clarity

Gaspeite is typically opaque, so clarity is judged by surface integrity and structural coherence. Compact material with minimal pits, fractures and crumbly matrix is preferred. Excessive porosity or unstable areas reduce both durability and value.

Cut

Cutting is focused on cabochons, beads and inlays. Good cutting orients the most intense color and attractive patterns toward the face, while achieving a smooth, even polish. Given its moderate hardness, gaspeite takes a decent polish but requires some care to avoid undercutting softer matrix.

Market Dynamics

Supply

Gaspeite occurs as a secondary mineral in nickel-rich environments, with notable occurrences historically in Canada (Gaspé Peninsula), Western Australia and a few other regions. Production has always been modest and largely tied to nickel mining by-products, making gem-quality material genuinely limited.

Total global supply of gem-quality gaspeite is relatively small, likely in the low millions of carats or less, much of which has already entered the lapidary and collector markets.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 is niche, led by lapidary artists, collectors and jewelry designers seeking unusual green stones for Southwestern, Australian and contemporary styles. Its distinctive color and rarity sustain interest despite limited mainstream recognition.

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

Gaspeite was first described from the Gaspé Peninsula of Quebec, Canada, which gave the mineral its name.

Much gem-quality gaspeite on the market historically came as a by-product of nickel mining in Western Australia.

Because of its nickel content, gaspeite is sometimes marketed in metaphysical circles as a stone associated with grounding and heart energies.

Fine gaspeite cabochons are often used in inlay work and mixed with turquoise, sugilite and other opaque gems in designer pieces.

As some mining operations have wound down or shifted focus, the flow of new gaspeite rough has diminished, increasing reliance on existing stocks.

Stabilization techniques may occasionally be used to strengthen more porous material intended for jewelry applications.

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