The World’s Most Expensive Gem the “Virgin Rainbow” has Just Been Unearthed and it is AMAZING!

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Australia has 80 percent of the world’s supply of Opal. Opal is a rare gemstone that can take on many colors and is unbelievably expensive.

And now in here, we are about to show you the world’s most expensive stone.

The World's Most Expensive Gem Stone Has Been Unearthed And It's Called The "Virgin Rainbow"

It’s more expensive than Kim’s engagement ring.

And it's not Kim's engagement ring.

This extremely rare opal is called the Virgin Rainbow and is worth over $1 million.

Say hello to the "Virgin Rainbow," an extremely rare opal worth over $1 million.

The first public appearance of the Virgin Rainbow will be September at the South Australian Museum. According to MNN, this brightly colored opal was found from the mining region of South Australia.

And this sausage, wonder why this extremely rare and brightly colored piece is so expensive?

The World's Most Expensive Gem Stone Has Been Unearthed And It's Called The "Virgin Rainbow"

It’s because of the stone it is made of—dinosaur opalized fossils.

The stone is actually made of dinosaur fossils that have opalized over millions of years.

Opal is a hydrated amorphous form of silica that has a water content mixed together to form a gel that flows into rocks and fossils.

I wonder why they called it the “Virgin Rainbow” though . . .

Not really sure why it's called "virgin."

Maybe this picture will give us some answers.

I think someone might be jealous of the opal.

I'm sure we'll find something to do with it.

You might want to check out these expensive gems:

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