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Adjective: semiprecious  ,se,mI'pre-shus or ,se-mee'pre-shus [N. Amer], ,se-mee'pre-shus [Brit]
  1. Used of gemstones having less commercial value than precious stones
    "such semiprecious stones as amethyst, garnet, jade, and tourmaline"

See also: valuable

Encyclopedia: Semiprecious