Ruby$11,800+1.4%Sapphire$86,000-0.4%Sapphire$11,500+1.8%Emerald$34,000+1.3%Emerald$13,200+2.6%Paraíba Tourmaline$42,000+4.7%Paraíba Tourmaline$13,000+3.1%Spinel$6,200+0.6%Cobalt Spinel$21,000+5.2%
WORLDWIDE LAUNCHFebruary 2027
PARAÍBA TOURMALINE

Discovered in 1987, and already scarce

Paraíba tourmaline is the youngest material in the fine-stone market. The original Brazilian workings in the state of Paraíba were tiny and are essentially finished; total Brazilian output is believed to be measured in kilograms rather than tonnes, and clean Brazilian stones above two carats are now genuinely difficult to find at any price.

The colour has no precedent among gemstones, an electric blue-to-green caused by trace copper, which appears to glow from within the stone rather than reflect light off it. Mozambican and Nigerian deposits produce copper-bearing tourmaline with comparable colour and have carried the market since the early 2000s, though laboratories distinguish them clearly and the market prices Brazilian material at a substantial multiple.

Laboratories call a tourmaline Paraíba for the copper that colours it, wherever it was mined, and report the origin separately. Many stones are heated to lighten or clean the colour; Vault Trade admits untreated stones only. Found in 1987 and on the market from 1989, it has entered the fine-gem canon within a single generation.

DISCOVERED
1987, Brazil
On the market from 1989. The original workings are now effectively exhausted.
CAUSE OF COLOUR
Trace copper
Produces a neon blue-green with no equivalent in any other gem species.
PRODUCTION
Measured in kilos
Total Brazilian output is believed to be a matter of kilograms, not tonnes.
VAULT TRADE STANDARD

Only the finest Paraíba tourmaline: neon blue to green from trace copper, untreated, with a top-four laboratory report.