Moonstone Value, Price, and Jewelry Information

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Moonstones are prized for their adularescence, an optical phenomenon that creates the appearance of billowy clouds of blue to white light with a moonlight sheen. These feldspar gems have varying compositions and are found all over the world. Typically, they're orthoclase feldspars composed of alternating layers of orthoclase and albite. Like their evocative namesake, the Moon, they've inspired quite a bit of romantic lore. Despite having a low hardness and a tendency to chip, moonstone is a popular choice for jewelry. In protective settings, its beauty can shine forth. Cabochons and carvings are the most common cuts for moonstone, though on rare occasions some transparent stones are faceted.

Moonstone Value

Generally, the more transparent and colorless the body and more blue the adularescence, the higher the moonstone value. Large quantities of near opaque material with various body colors, carved into simple “moon faces” and other figures, are available for pennies. Cabochons of translucent material, either white or with pleasing body color and adularescence, are fairly common on the market and command relatively modest prices.

For cat's eyes and the occasional star, expect to pay in proportion to the beauty of the eye or star, size, and clarity.

Historically, the most valuable colorless, transparent moonstones with strong blue sheen came from Myanmar. Unfortunately, this material is essentially mined out. Most of the top-grade, blue sheen gems available today are being passed from one dealer or collector to another, which escalates the prices.

The International Gem Society (IGS) has a list of businesses offering gemstone appraisal services.

Moonstone Information

Comments

Moonstone has been highly valued for centuries, especially by royalty. Currently, its popularity is probably highest in Germany and the Scandinavian nations, where it’s preferred over pearl and alexandrite as the June birthstone. Its characteristic phenomenal effect, adularescence, is named after a mining site at Mt. Adular in Switzerland. (Moonstone is also sometimes called “adularia”).

Adularescence is caused by the diffraction of light as it hits thin, alternating layers of orthoclase and albite within the gem. Generally, moonstones are cabbed with high domes to accentuate this sheen. Those specimens with strong displays often reveal cat’s eyes when cut this way. Asterism is rare in moonstone. When it occurs, the star is four legged.

Varieties

A blue sheen color is produced in orthoclase moonstone if the albite crystals are very fine. (Fine orthoclase and albite plates are dispersed within each other as a result of unmixing on cooling). The sheen is white if the albite plates are thick. The color of the orthoclase may be white, beige, brown, red-brown, greenish, or yellowish. Red coloration is due to goethite (iron oxide) inclusions.

A moonstone variety containing the orthoclase feldspar sanidine is found in Grant County, New Mexico.

Some transparent plagioclase feldspars, such as labradorite, also have thin layers of albite. These produce a blue schiller effect if thin and a white effect if thick. In rare instances, the schiller is multicolored, showing blue with green and/or orange. This phenomenon is called labradorescence. Such stones are known as rainbow moonstones or peristerites. Technically, this is a variety of labradorite, not moonstone. Labradorescence is distinct from adularescence. However, “rainbow moonstone” is generally accepted as a trade name.

Identifying Characteristics

Inclusions

Moonstones are one of the few gems that have inclusions so characteristic that seeing them guarantees their identity. They are characterized by fissure systems along incipient cleavages in the body of the material created by exsolution pressures. Such fissure systems are short pairs of cracks, running parallel to the vertical axis of the crystal, with shorter cracks emanating perpendicularly along the length of the parallel fissures. These resemble many-legged insects under the microscope and are known as “centipedes.” These inclusions are diagnostic for moonstone.

Moonstones also have rectangular dark areas due to stress cracking or negative crystals. Sometimes a cavity extends from such a rectangular dark area, creating a comma-shaped inclusion.

Myanmar moonstones are characterized by oriented needle inclusions.

Specific Gravity and Refractive Index

Material from Sri Lanka tends to have specific gravity on the low end of the moonstone scale, 2.56. Material from India tends toward the high end, 2.59.

The refractive indices (RI) of most moonstone is usually 1.520 – 1.525 with a birefringence of 0.005. Material from Virginia has RI of 1.518 – 1.524 with a birefringence of 0.006.

Synthetics

Although moonstone has been simulated by milky chalcedony and certain types of synthetic spinel, these substitutes are visibly inferior and easily spotted. Synthetic moonstones haven’t entered the market.

Sources

Myanmar has historically yielded the finest material.

Other notable sources are:

Australia; Austria; Finland; India; Madagascar; Mexico; Norway; Sri Lanka; Tanzania

United States: New Mexico; Virginia

Sizes

Moonstone is rare in both large size and fine quality, but Indian material with strong body color is abundant and very inexpensive. This is fortunate because the material is well cut and very attractive. Moonstone with a blue sheen is the most valuable kind and is rare in stones over 15-20 carats. Stones with a silvery or white adularescence are abundant and available in sizes up to hundreds of carats.

Care

This lovely gem is a popular jewelry stone. However, with a hardness of 6 and a slight tendency to cleave, exercise caution if it’s worn as a ring stone. Protective settings are recommended. Use in brooches and pendants should be safe. In all cases, protect moonstone jewelry from hard knocks. Don’t use mechanical systems like ultrasonic or steam for cleaning. Cleaning with warm, soapy water and a brush is recommended.

Consult our gemstone jewelry cleaning guide for more information.