Where can I mine for rubies?
In recent years, Myanmar’s Mong Hsu area and Namyazeik in the central and northern reaches of the country have emerged as the new mining hub for rubies. Apart from Myanmar, these beautiful gemstones can be found in many countries in Asia, such as Japan, Cambodia, Nepal, Taiwan, Thailand, Vietnam and Pakistan.
Where is the best place to find rubies?
Rubies can be found in Thailand, Nepal, Taiwan, Vietnam, Afghanistan, Pakistan and East Africa. There are also locations in the United States where rubies can be found, including Franklin, North Carolina. You can also find rubies in Arizona, Arkansas, Nevada, Oregon and Idaho.
What rock is Ruby found in?
Corundum, (sapphire and ruby) forms deep in the Earth’s crust and is brought to the surface in igneous rocks that are high in aluminium but low in silicon, such as basalts. Corundum is also found in rocks that have been metamorphosed.
How much is a 1 carat ruby worth?
Ruby – Single Stone Price List
|Size||V. Fine||Mid. Range|
|under 1 ct.||call||$300-450|
|1 carat size||call||$450-650|
|2 carat size||call||$600-800|
|3 carat size||call||$600-800|
Where can you find natural rubies?
Historically, rubies have been mined in Thailand, in the Pailin and Samlout District of Cambodia, as well as in Afghanistan, Australia, Brazil, Colombia, India, Namibia, Japan, and Scotland; after the Second World War ruby deposits were found in Madagascar, Mozambique, Nepal, Pakistan, Tajikistan, Tanzania, and Vietnam …
Are rubies hard to find?
It is quite a bit rarer than the blue gems. The rarity combined with the demand for rich red gems keeps the price very high. Among rubies though, there is no shortage of small gems, the kind used in cluster rings. They are somewhat expensive, but readily available.
How much do red rubies cost?
Ruby Price Guide
|Colour||Carat||Price Per Carat (USD)|
|–||2.0 – 3.0||$10,000 – $25,000|
|Vivid Red – Mozambique Unheated||1.0 – 2.0||$7000 – $15,000|
|Pinkish Red – Burma Unheated||1.0 – 2.0||$3000 – $12,000|
Is Ruby expensive than diamond?
Are Rubies More Expensive Than Diamonds? Although some rubies are incredibly valuable and can command very high prices, most rubies are considerably less expensive than diamonds of the same size. This lower pricing makes a ruby an appealing alternative to a diamond for an engagement ring or other jewelry.
What do rubies look like in their natural state?
Rubies are gem corundums with a dominant red color. The color can range from orangy red to purplish red or brownish red. The most desirable color range is a pure vibrant red to a slightly purplish red. … Opaque pieces of corundum with just a hint of red color are not rubies – they are common corundum.
Are rubies rarer than diamonds?
Diamonds are one of the most valuable precious stones around, but not because diamonds are especially rare. In fact, high-quality emeralds, rubies, and sapphires are all rarer in nature than diamonds.
How much is a 1 carat uncut ruby worth?
One carat ruby prices can range from US$10 to US$12,000
The method I used to determine the value is by first categorizing the stone based on the 4Cs + OT method.
Is Ruby more expensive than gold?
Large, gem-quality rubies can be more valuable than comparably sized diamonds and are certainly rarer. In fact, smaller blue sapphires (1-3 cts) are relatively abundant compared to small, gem-quality rubies. 18k yellow gold, 1-ct ruby, and 0.15 ctw diamonds. …
Are rubies worth any money?
One of the most popular traditional jewelry stones, ruby is exceptionally durable. … Fine-quality rubies are some of the most expensive gemstones, with record prices over $1,000,000 per carat. However, rubies are also subjected to more treatments than almost any other gem.