Not often we find orange fire opal jewelry in auction. Black opal is more well-known in jewelry market. A cabochon fire opal set with two triangular-shaped diamonds within a pave-set diamond surround, to the elevated diamond-set gallery and three quarter-hoop, mounted in platinum and 18k white gold. The fire opal and diamond ring was priced at $15,308.
Precious fire opal is opal with an orange to red color with play of color. This type of opal is unique in the lush world of the opals. The three criteria which determine the price of a fire opal are play of color, body color and transparency. The more transparency and fire it has, and the more intense the deep red of its body color, the more valuable it will be.
