How much is a carat of ruby?

How much does a 1 carat ruby cost?

Ruby – Single Stone Price List

Size V. Fine Finer Grade
under 1 ct. call $500-850
1 carat size call $700-1500
2 carat size call $1000-2500
3 carat size call $1500-2500

What is the value of a ruby?

High-quality rubies that weigh over 10 carats have been known to sell for even more than a diamond of the same size! What is this? Some rubies on the larger side have sold for upwards of $225,000 per carat. For comparison, diamonds average at a sales price of about $125,000 per carat.

How many carats is pure Ruby?

The faceted stone weighs 11.55 carats and the rough stones weigh between 16.65 carats and 278.50 carats. Photo: Robert E. Kane/GIA. Fine-quality rubies over one carat are very rare, but commercial-quality rubies are commonly available in a wide range of sizes.

What size is a 1 carat ruby?

A 1 carat round diamond is about 6.5mm, while a 1 carat ruby is only 6mm. So if you order a 1 carat ruby based on the size of a 1 carat diamond, then the ruby will be much smaller than you expect.

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How can you tell ruby is real?

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 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. … costs more than $50,000 — a similar price to a large, oval-shaped diamond.

Is ruby more expensive than gold?

However gold is most common as it is cheap amongst all these metals. Diamond, Pearl and rubies are expensive. But if you have all the choices in front of you, then go for pearl or diamond.

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.

How much is a 1 carat Burmese ruby worth?

Burmese Ruby Prices

Burma ruby prices fluctuate steeply even in the same carat weight range because of color and clarity of the gemstone. A Burmese ruby with minimal inclusions and deep red color can easily draw between ₹ 1,00,000 to ₹ 1,20,000 per carat ($1,400 to $1,600 ) in the market, even more.

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How much is a 2 carat Burmese ruby worth?

For example, a 2 carat, high-quality heated Burmese ruby can cost in the range of $7,000 per carat. An unheated ruby of the same quality on the other hand could cost up to $20,000 per carat.

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).

Can you scratch a real ruby?

At a 9 on the Mohs scale, rubies aren’t easily scratched unless you use a diamond. Other gemstones and imitations are more fragile. You can scratch the surface of your ruby with a coin, and if it leaves marks, you likely have a fake. Real rubies won’t get scratched by keys or coins.

What is a carat of ruby?

A 2 carat cushion cut ruby in the highly prized pigeon’s blood color. A ruby’s size, if expressed in a unit of weight, is called a carat (abbreviated “ct”). A carat is a metric unit equivalent to one fifth (. 20) of a gram.