Burma Ruby is the rarest and most valuable member of the corundum family. Colors range from pink red ruby to a vivid pigeon blood red that is regarded as the finest color for ruby. Prized for their beauty, durability, and rarity, it is the quality of the color which most determines the value of rubies.
How much is a Burmese ruby worth?
In general, though, Burmese rubies tend to be the most expensive among ruby varieties. The highest anyone has ever paid for a Burmese ruby has been $1 million USD per carat. However, in general, you can find high quality Burmese rubies priced around $10,000 per carat.
What is a Burma ruby?
The Burmese ruby is one of the most valuable variations of the corundum mineral family. … The Burmese ruby, however, is a piercing bright red, sometimes referred to as “pigeon’s blood”. All rubies owe their coloring to the element chromium and the intensity of that color depends on the amount of chromium exposure.
Why are Burma Rubies banned?
The global production of one of the finest, rarest gemstones is extremely limited. In addition, during the last decade, the U.S. banned the import of Burmese rubies in order to put pressure on the country’s military regime.
What is the difference between a ruby and a Burmese ruby?
Ruby is a red colored gemstone which belongs to the family of the mineral Corundum. … Such blood red Rubies are only mined in Burma. These Burmese Rubies are considered to be superior to the Rubies of any origin. Even the Indian Rubies are having a pale color when compared to these Pigeon-blood Rubies.
How do you identify a Burma ruby?
Genuine Burma rubies contain a red color called pigeon blood, which can be described as purple-red or dark pink-red. Pigeon blood Burma rubies are some of the most valuable gemstones in the world. These types of rubies also sometimes come with a dark blue undertone, which can be canceled out with yellow gold.
Are Burmese rubies illegal?
Since 2003, the United States government has banned the importation of gemstones from Burma (Myanmar), especially valuable ruby and jadeite. … It is now legal to import Burmese ruby and jade to the US.
Why is a Burmese ruby so expensive?
One of the main reasons that Burmese rubies are so valuable is because of their very specific, extremely saturated colour, caused by a high chromium content in the ground from which they are extracted.
Which country ruby is best?
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.
What color ruby is most valuable?
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. The color must be neither too dark nor too light to be considered finest quality.
How much is a pigeon blood ruby worth?
As of May 2015, the record price for a ruby is approximately $1.172 million per carat. ($30 million for a 25.59 carat Mogok “pigeon’s blood” ruby).
What is a pigeon blood ruby?
Pigeon’s blood is the term applied to the most highly saturated colour and natural red fluorescence possible in a ruby. Weighing an impressive 10.05 carats, the Ratnaraj is a wonder of the natural world.
How do you know a ruby is genuine?
Use the ruby to scratch a hard, 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.
Is Burmese ruby treated?
The treatment of Burma ruby is permanent and heated stones do not require special care. Low-grade rubies are often fracture-filled with lead glass to improve their color and clarity.
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|
What Colour is Burmese ruby?
The finest Burmese ruby displays a pure, vivid red or what is known in the gemstone trade, pigeon blood color. Vibrant red and deep pink color are other shades that hold highly value in the gemstone market.