Lightning Ridge is a small mining town outside of New South Wales, Australia renowned for its black opal, which can sell for over $10,000 per carat. But even for an expert miner, finding high-quality black opal isn’t easy. After investing tens of thousands of dollars, a miner might not find a single gem. But as soon as a gem quality black opal is found, opal cutters know they have a buyer for it. That exclusivity, and black opal’s unique colors, make it one of the most expensive gemstones in the world.

MORE SO EXPENSIVE VIDEOS:
Why Donkey Cheese Is So Expensive | So Expensive
https://www.youtube.com/watch?v=KZAp4r0n0B0
Why Ceylon Cinnamon Is So Expensive | So Expensive
https://www.youtube.com/watch?v=mn6650M3M-U
What Makes Blood Plasma So Expensive? | So Expensive
https://www.youtube.com/watch?v=DMrMjZAF3XI

------------------------------------------------------

#BlackOpal #SoExpensive #BusinessInsider

Business Insider tells you all you need to know about business, finance, tech, retail, and more.

Visit us at: https://www.businessinsider.com
Subscribe: https://www.youtube.com/user/businessinsider
BI on Facebook: https://read.bi/2xOcEcj
BI on Instagram: https://read.bi/2Q2D29T
BI on Twitter: https://read.bi/2xCnzGF
BI on Amazon Prime: http://read.bi/PrimeVideo

Why Black Opal Is So Expensive | So Expensive