The first sizable gem quality specimen was discovered in 1993. It was firstly discovered by english gem collector arthur charles davy pain in the 1950s and was named after him. Painite is a rare borate gemstone. However many painite have been found later. It was first discovered in musgrave ranges australia and later found in madagascar and greenland.
As far as gem quality stones there are about ten specimens known and documented. Because the stone is effectively priceless the likelihood of finding painite on the market is slim. Red beryl also known as bixbite or red emerald is so rare it is estimated by the utah geological survey that a single such gem is uncovered for every 150 000 gem quality diamonds. Even decades after mineralogist arthur c d. Paine first found this orange brown stone in myanmar in the 1950s only two painite specimens were known to exist making it the world s rarest gemstone.
In the past it was discribed by guinness book of world records as the rarest gemstones. Musgravite was discovered in 1967 and is arguably the rarest gemstone in the world. In the past it was discribed by guinness book of world records as the rarest gemstones. As far as gem quality stones there are about ten specimens known and documented. The first sizable gem quality specimen was discovered in 1993.