Like any gemstone, the price of a ruby varies depending on a number of factors. It is well known that high quality rubies over 10 carats can sell for even more diamonds of the same size!
Some of the larger rubies sell for as much as $225,000 per carat. By comparison, diamonds sell for around $125,000 per carat on average. Rubies of this size are very rare, which makes them more expensive and sought after.
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In the gem world, the most coveted ruby hue is deep red with a hint of blue. This color is called "pigeon blood". Flaws (also called inclusions) in rubies are usually expected because they are naturally occurring gems. If flaws affect the clarity of a ruby, the value of the gem can drop significantly.
Are rubies valuable?
Yes, they are!
The ruby, along with emerald, sapphire and diamond, are the only four precious gemstones on the market today. Ruby, in particular, falls into this category for the following reasons...
High-quality rubies with clean eyes and vivid reds are extremely rare. This is because its unique chemical composition requires corundum to be mixed with the right amount of chromium. In addition, due to the high pressures of the formation process, there is a very short supply of gem-quality large rubies with no defects visible to the naked eye.
Note: While most imperfections are considered detrimental to gemstones, dense inclusions made up of tiny rutile fibers can add to their value. This is because this inclusion can create a "starlight" or "star effect," a very welcome feature.
The durability of jewelry refers to its ability to resist scratches. Ruby is very tough and has a score of 9 out of 10 on the Mohs Mineral Hardness Scale. This makes it a great choice for everyday wear.
Due to its impressive appearance, striking color and growing demand, rubies can be very expensive. In fact, heirloom-quality rubies may command higher prices than their precious colored gemstones.
Should you invest in one?
Ruby is a spectacular stone that can infuse any outfit with a bold and luxurious vibe. Its beauty combined with its "gem" status makes it a gem worthy of passing on to future generations.
In addition, as the birthstone for July and a symbol of love, rubies have considerable sentimental value. Ruby rings have been the go-to for engagement and wedding rings for centuries.
All these factors ensure that rubies will continue to be in high demand for years to come.
Bold, vibrant and fiery, rubies are a gem like no other, and earrings featuring this "king of gems" are certainly worthy of being part of your jewelry box.
We firmly believe that the awesome and luxurious look of rubies can completely transform any look for any occasion. From basic ruby fun to jaw-dropping wonder, here are 5 pieces of ruby jewelry every woman should own.
1.Oval Ruby Stud Earrings
Get ready to sparkle from day to night with these ruby studs. Featuring a glistening gemstone, framed by a delicate halo of small diamonds! This pair of ruby studs is a must-have just like the LBD that hangs in your closet. It is versatile, effortless and something everyone loves.
2.Ruby Pear Drop Earrings
A dazzling pair of Ruby Earrings in 18K white gold vermeil. Get ready to receive compliments because everyone will be obsessed with your new pear earrings! It is a beautiful addition to the many pieces of jewelry in your jewelry box.
3.Vintage Red Ruby Ring
Vintage is a regal style designed to be a modern heirloom. The delicate metalwork beneath the ring is inspired by antique 18th century engagement rings and offset by the best in modern manufacturing for added comfort and durability. This ruby ring exudes glamour and the traditional design ensures it will last for years, adding a stylish touch to evening wear.
4.Ruby and Diamond Ring
If you are looking for a special gift for your loved one, this gorgeous ruby ring is sure to do the trick. Centered on a rare and luxurious ruby shimmering in a delicate red, it looks simply stunning on the hand.