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Featured Gem RUBY

ruby

Ruby is a member of the corundum mineral family, which also includes sapphire. It is the most valuable of the corundum gems, and the finest rubies can even surpass the price of diamonds. It’s no wonder that, in ancient Sanskrit, ruby was called ratnaraj: the king of precious stones. Due to its vivid red color, ruby is associated with matters of the heart.

BIRTHSTONE: JULY

overview

Rubies can command the highest per-carat price of any colored stone. This makes ruby one of the most important gems in the colored stone market. In its purest form, the mineral corundum is colorless. Trace elements that become part of the mineral's crystal structure cause variations in its color. Chromium is the trace element that causes ruby's red color.

Ruby Earrings
Ruby Ring
Ruby Bracelet
ratnaraj

In Sanskrit, ruby is ratnaraj, meaning the king of gems.

$32.4 million

On May 29, 2012, a 6.02-carat ruby ring sold for $551,000 per carat, setting a new record at auction for a colored gemstone.

Mogok

Myanmar´s legendary valley of rubies; the source of many of the world´s most fabulous gems.

QUALITY FACTORS 

The prices of fine-quality rubies have been breaking auction records.

Color
Color Gemstone

Color is the most significant factor affecting a ruby's value: Fine gems are a pure, vibrant red to slightly purplish red.

Clarity
Clarity Gemstone

If a ruby's inclusions affect its transparency or brilliance they reduce the gem's value significantly.

Cut
Cut Gemstone

Rubies are commonly fashioned as mixed cuts, which have brilliant-cut crowns and step-cut pavilions.

Carat Weight
Carat Weight Gemstone

Fine-quality rubies over one carat are very rare and price goes up significantly as size increases.

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