The average price of Sapphires depends on factors like cut, style, origination and weight. Generally blue sapphires are believed to be most expensive and a 1ct of this variety generally costs about $1,250. Sapphires look very rich and are mostly used in rings and necklaces. In case of sapphires, if one compromises on the quality, color and clarity to a certain extent, the price can decrease even by 50%. The top qualities of sapphires are definitely charged at a premium price.