Markets/Hawk’s Eye

Hawk’s Eye

Various

$6
per carat+0.0%
P10
$2
P25
$4
Median
$6
P75
$9
P90
$13

Hawk's eye is a blue to blue-gray variety of the quartz 'eye' stones, characterized by parallel, fibrous inclusions (often crocidolite asbestos replaced by quartz) that create a silky chatoyant effect. It represents an earlier stage in the alteration sequence that produces tiger's eye, retaining more of the original blue tone. With Mohs hardness about 6.5–7 and good toughness, it is suitable for many jewelry uses.

Price History

$5
2020
$5
2021
$5
2022
$6
2023
$6
2024
$6
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 has modest impact; large cabochons and beads are common. However, bigger stones that display strong, well-centered chatoyancy and attractive blue coloration can be more desirable for statement pieces.

Color

Color and chatoyancy are key value drivers. The best hawk's eye shows a deep, even blue to blue-gray body color with bright, moving bands of light across the surface. Stones that are too dark, muddy or heavily mixed with browntiger's eye tones are generally less valuable.

Clarity

As an opaque stone, 'clarity' relates to surface smoothness and structural integrity. Material with minimal pits, cracks and dull patches is preferred. Excessive fractures or rough areas disrupt the chatoyant effect and reduce value.

Cut

Hawk's eye is almost always cut as a cabochon or bead. Proper orientation is crucial: the fibrous structure must run parallel to the base so that a sharp band of light moves cleanly across the dome. A high-quality polish accentuates both the chatoyancy and the underlying blue color.

Market Dynamics

Supply

Hawk's eye occurs in metamorphosed crocidolite-bearing rocks, with notable deposits in South Africa, India and other regions that also supply tiger's eye. Bulk availability is substantial for commercial-quality material.

Likely in the hundreds of millions of carats when considering all rough and finished material intended for cabochons, beads and carvings.A high proportion of production is cut into calibrated stones, beads or carvings and actively traded through jewelry manufacturers, wholesalers and online retailers. in circulation
Demand

Demand is driven by fashion jewelry, beadwork and metaphysical markets that appreciate its silky appearance and association with focus and protection. It is popular in men's bracelets, pendants and statement rings.

Recent Trends: steady demand from the broader jewelry market, with gradual growth in online and designer channels for well-cut, natural stones.

News

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Insights

Hawk's eye, tiger's eye and bull's eye (a red variety) represent different stages and color variations in the same basic quartz–crocidolite replacement process.

Heat treatment can darken or shift hawk's eye colors towards the golden tones associated with tiger's eye.

Although crocidolite is an asbestos mineral, in hawk's eye the fibers are usually fully replaced by quartz, significantly reducing health concerns associated with free asbestos fibers.

Hawk's eye is often combined with metal accents and other opaque stones like onyx and hematite in contemporary jewelry designs.

Because of its affordability and distinctive look, hawk's eye is frequently used in large, dramatic pieces not economically feasible with more expensive chatoyant gems.

Higher-quality hawk's eye with vivid blue coloration and sharp chatoyancy is much less common than standard brown tiger's eye and is valued accordingly within this gem family.

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