A 1 carat Burmese ruby from Myanmar (formerly known as Burma) will command prices more expensive than a 1 carat diamond because of its color and scarcity. Diamonds require top quality in all 4cs (Cut, Clarity, Color, and Carat). A ruby’s value is generally determined by color and carat weight or size. But, if it’s eye clean of inclusions, it’ll be valued even more.

Metamorphosed crystalline limestones and dolomites, as well as other metamorphic rock types such as gneiss and schist. Gems sold as “Serengeti Rubies,” “River best mt4 forex brokers 2021 metatrader 4 brokers top 10 list Rubies,” and “Cape Rubies” may not be actual rubies. Learn more about these misleading names here and consult our List of False or Misleading Gemstone Names.

  • Not only is the color and clarity important, but the cut and origins come into play.
  • All of Blue Nile’s ruby jewelry will be set in various color golds or platinum.
  • However, prices can vary widely depending on factors such as carat weight, cut, and clarity, as well as market demand and availability.
  • For those seeking to make a bold statement or commemorate a special moment, ruby gemstone jewelry is the perfect choice.
  • Finally, like with all gemstones, the carat weight of a ruby plays a role in its value, with a larger ruby commanding a higher value than a smaller one.

The ruby is heated to temperatures up to 1800 degrees Fahrenheit, with the heat livening up the color of the stone. This treatment does not have a negative effect on the durability or value of the stone and is widely accepted in the market. The GIA states that you should assume your ruby is heat treated as this is a common industry practice. It does not bring down the value of the stone but rubies with a report that state that there is no evidence of heat are very rare and therefore very expensive. Rubies with pinkish or purplish tones are valued less than the purer colored rubies.

Beginner’s Guide to Buying a Ruby Gemstone

Step cut rubies may not sparkle like those with brilliant cuts, but in exchange, they offer broad, uninterrupted expanses of color. Step cuts are usually reserved for highly transparent ruby rough with outstanding color. While the glitter of a brilliant cut can obscure unsightly inclusions, a step cut will only emphasize the shortcomings of a lesser stone. In general, buying a ruby engagement ring is a fairly simple process. Since clarity isn’t as much of a factor as it is with a diamond, you don’t need to worry too much about inclusions.

  • The value that a ruby can command will be greater as the clarity of the stone increases.
  • Darker rubies that are almost opaque aren’t going to reveal inclusions like a high quality transparent ruby will.
  • Also, don’t forget to ask whether the ruby you are buying is natural or artificially created.
  • Today most rubies are heat-treated to improve color and clarity, but rubies that are not and have superb quality can fetch big money at market.

Rubies do not react much to light, changes in temperature, and various chemicals. This makes ruby jewelry ideal for frequent use and for pieces that are more susceptible to damage, like ruby rings and bracelets. However, if like me you are always looking to get more carats per dollar, then you’ll surely find a great option at James Allen.

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Other ruby simulants could be red spinel, dyed glass, and even garnet are passed off as rubies. If you want to add more sparkle to your ruby, you can opt for jewelry that also showcases colorless diamonds, such as halo settings. This brings an added sparkle and glamor to the piece and brings out the ruby’s color even more. Rubies larger than this are incredibly rare and would therefore be very expensive.

Ask About the Rubies’ Origins

But if it really concerns you, a place like Brilliant Earth that sells lab created rubies might be up your alley. Or even natural ones that tell you which country they come from. Ruby is desired to be in brilliant cuts like round brilliants, and cushion cuts, which maximize the amount of light through the stone. Step cuts like Asschers and emerald cuts are also great for rubies. Being a popular red gemstone, rubies are not going to be as expensive as diamond, usually. A 1 carat ruby center stone will probably be less than a 1 carat diamond.

Different Basic Hues

Too dark will affect the ruby’s brightness and too light can make the ruby appear pink. The hue is the actual color of the gem as well as any underlying color – too much orange or too much purple can devalue a ruby. Rubies can be transparent and clean looking (with inclusions difficult to find even with magnification), but these are few and far between.

For rubies, the ideal shape is the flat, hexagonal tablets on the right. Very high-end rubies can be far more expensive — in some cases, either as expensive or more expensive than diamonds of the same size. For example, this stunning Pigeon Blood ruby from Mozambique from Leibish & Co. costs more than $95,000. When buying ruby, it is best if the stone comes with a certificate that proves its authenticity and origin.

Our ruby pricing guide will give you all the insights you need about these dazzling gemstones. A ruby gemstone is a precious stone that is typically red and is part of the corundum mineral family. It is valued for its deep red color, which is caused by the presence of the element chromium. Many jewelry stores carry ruby gemstones, both loose and in finished jewelry pieces.