Markets/Painite

Painite

Myanmar (Mogok)

$35.0K
per carat+0.1%
P10
$12.5K
P25
$22.5K
Median
$35.0K
P75
$47.5K
P90
$55.0K

Painite is an exceptionally rare calcium zirconium borate mineral that gained fame as one of the rarest gemstones. It typically appears in brownish-red to orangey-red hues, sometimes with subtle pleochroism. With Mohs hardness around 8 and good toughness, it is reasonably durable, but most crystals are small and included, limiting gem yield.

Price History

$22.9K
2020
$26.3K
2021
$27.8K
2022
$30.1K
2023
$32.4K
2024
$35K
2025
2020Formerly ""world's rarest""; new finds lower price.
2021Military coup causes immediate supply shock; prices jump.
2022Export trade halts; legitimate supply vanishes.
2023Sanctions tighten; scarcity maintains high price levels.
2024Collector market stabilizes after initial scarcity drop.
2025Remains an ultra-niche collector gem; prices relatively stable high.

Value Drivers

Carat

Carat weight is a critical value factor. Facetable painite crystals are extremely rare, and stones even approaching 1 carat are noteworthy; gems over this size are exceptional. Larger, well-colored, relatively clean gems command very high prices in the collector market.

Color

Color is also crucial. The finest painite shows a rich, medium to medium-dark brownish-red to orangey-red with good saturation. Overly dark, heavily brown or very pale stones are less desirable, though still valuable given the species' rarity.

Clarity

Painite crystals often contain inclusions and fractures. Faceted stones with reasonable transparency and minimal eye-visible inclusions are rare and highly prized. Heavily included stones may still be collected due to rarity, but at lower per-carat values than cleaner examples.

Cut

Cutting painite is a balancing act between retaining weight and maximizing brilliance and color. Most stones are cut into simple shapes (ovals, cushions) with conservative proportions to preserve as much rare material as possible while still achieving an attractive appearance.

Market Dynamics

Supply

Painite was first discovered in Myanmar and for decades was known from only a handful of crystals. Subsequent discoveries in Myanmar increased the number of known specimens, but facetable material remains extremely limited compared with mainstream gemstones. Mining is artisanal and small-scale.

Total global supply of faceted painite is extremely small—likely only a few thousand carats at most—with the majority of known material existing as mineral specimens rather than finished gems.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 almost entirely collector-driven. Painite is highly sought after by rare-gem collectors and museums, but essentially unknown to the general jewelry-buying public.

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

Painite was named after British gemologist Arthur C.D. Pain, who first identified the species in the 1950s.

For many years, painite held a reputation as 'the world's rarest gem' due to the tiny number of known crystals.

Even with newer discoveries, fine faceted painite remains so rare that prices are negotiated individually rather than following a standard price list.

Gemological testing is important to distinguish painite from other brownish-red gems, as visual identification alone is not reliable.

Because of its rarity, painite is generally set in protective, low-wear jewelry or kept loose in collections rather than worn daily.

The species' story and extreme scarcity often play as much a role in value as visual beauty, making painite a classic 'collector's gemstone.'

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