Padparadscaha (pronounced pad-pah-raj-ah) sapphires are extremely rare and found mostly in Sri Lanka as well as parts of Madagascar and Tanzania. The unique combination of pink and orange hues make this stone one of the most sought after by collectors. The gemstone comes in a variety of shades, but medium tones seem to be the most favorable and attractive.
Since Padparadscha sapphires are so rare, buyers may find themselves needing to compromise when making their purchase. This may mean opting for a stone with less clarity and a duller color or choosing a stone that is smaller in size. Shapes can often be unusual and varied because gem cutters try their best to maximize carat weight. This is due in large part to the rarity and demand factor for this stone. Don’t expect to find these sapphires over 2 carats without paying a premium. The average price per carat is $8,000 for high-quality gems.