Where are the most valuable rubies found?

The Sunrise Ruby is the world’s most expensive ruby, most expensive coloured gemstone, and most expensive gemstone other than a diamond. Originally mined in Myanmar, its current name is derived from a poem of the same name, written by the 13th-century Sufi poet Rumi.

Where are the best rubies in the world found?

The source of the world’s finest rubies is Burma, or present-day Myanmar, and for more than 800 years the Mogok Stone Tract mine has produced the most beautiful examples, thanks to the unique geological conditions.

Which Ruby is the most expensive?

The Jubilee Ruby, weighing 15.99 carats, is the most expensive coloured gemstone ever sold at auction in the United States. Set in a distinctive gold and diamond mounting by Verdura, it sold for $14.2 million, which equates to $885,000 per carat.

What color is the most expensive ruby?

The Color of Ruby

The finest ruby has a pure, vibrant red to slightly purplish red color. In most markets, pure red colors command the highest prices and ruby with overtones of orange and purple are less valued.

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What is the rarest ruby in the world?

The red “pigeon blood” color of the “Graff Ruby” is characteristic of the rubies of the Mogok mines in Burma, considered as precious stones the rarest in the world.

Is Ruby rarer than diamond?

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.

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.

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

How can you tell a real ruby?

Use the ruby to scratch a hard and yet smooth surface, such as a piece of glass. If there is a streak of red color left behind on the surface, then it is clear that your stone is a fake. A real ruby will never leave color in that way.

What is the best grade of Ruby?

Natural AA

These are the top 50%-75% of natural rubies available. They have a light or medium red color and are heavily to moderately included. They are typically used in fine jewelry by mall jewelers or small family jewelry shops.

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How big is a 1 carat ruby?

A 1 carat round diamond is about 6.5mm, while a 1 carat ruby is only 6mm.

Why is Ruby so expensive?

Rubies come from the corundum mineral, which is a form of aluminum oxide. … Corundum scores a nine on the Mohs hardness scale, which grades the strength of gem minerals. Diamonds are a 10. This is another reason ruby is so highly valued, along with the deep color and gorgeous shine.

Is real ruby expensive?

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.

Who owns the world’s largest ruby?

In honor of the ruby—July’s regal birthstone, let’s take a closer look at one of the world’s largest rubies—the Rajaratna Ruby! The Rajaratna Ruby is a 2,475 carat, cabochon-cut wonder, currently located in Bangalore, India and owned by Mr. G. Vidyaraj.

Is Ruby a diamond?

Other varieties of gem-quality corundum are called sapphires. Ruby is one of the traditional cardinal gems, together with amethyst, sapphire, emerald, and diamond.

Ruby
Category Oxide mineral variety
Formula (repeating unit) aluminium oxide with chromium, Al2O3:Cr
Crystal system Trigonal

How rare is a diamond?

Diamonds are not particularly rare. In fact, compared to other gemstones, they’re the most common precious stone found. Generally, the cost per carat (or weight of a gemstone) is based upon a stone’s rarity; the rarer the stone, the more expensive.

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