Sapphire is one of the most popular gemstones, and is used extensively in Jewelry. Fine colored Sapphire with a deep blue color and excellent transparency can reach several thousand dollars a carat. The blue variety is most often used in jewelry, but the yellow, pink, and orange "fancies" have recently become very popular. Green and light blue Sapphires are also known, but are less commonly used in jewelry. Opaque Black Sapphire is also used a minor gemstone.

The rare orange-pink variety, known as Padparadschah, can be even more valuable than fine blue Sapphire. Blue Sapphire is sometimes carved into cameos or small figures, especially the less transparent material. Synthetic Sapphire is often used as a cheap substitute for the natural material.

Sapphire is the birthstone of September.

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