Updated For 5.4 Mists of Pandaria

Gem Quality

Color Popularity Gem Quality Auction Price
Red/Blue 6 star Assassin's Serpent's Eye
+160 Agility and +160 PvP Power
Epic
Blue 3 star Rigid Serpent's Eye
+480 Hit
Epic
Blue 2 star Solid Serpent's Eye
+480 Stamina
Epic
Red/Yellow/Blue 1 star Nightmare Tear
+10 All Stats
Epic
Blue 1 star Sparkling Serpent's Eye
+480 Spirit
Epic
Yellow/Blue 1 star Regal Chrysoprase
+5 Dodge and +6 Stamina
Epic