Rubies: Pricing, Colors, Grading And More

gemstones

Gemstones are some of the most precious possessions that a person may own, providing an elegant way to wear a large variety of jewelry. Millions of people buy loose gemstones, as well as jewelry fitted with particular types of gemstones, each and every year. These jewelry pieces tend to serve different purposes. One individual may purchase a ring to use while proposing to their significant other, while another individual might opt for a beautiful necklace with a particular stone and present it to someone as a birthday gift. Regardless of the purpose, there is quite a large variety of gemstones on the market.

Some gemstones are much rarer than others; thus the price tags attached to these are also significantly higher than the prices attached to the more commonly found options on the market. One particular stone that is both rare and extremely expensive is a pure red diamond, yet this particular diamond is known to express exquisite beauty. Fortunately, there is an alternative option for those searching for such a diamond – which would be the ruby. While the ruby is still quite an expensive option, the price for a ruby does not usually reach as high as similar pure red diamond.

A Guide To Buying A Ruby Gemstone

rubyThe ruby gemstone is often associated with love and romance, primarily due to the intense red color it possesses. The stone has been named after the Latin word “ruber”, which translates to “red” in English. Rubies are known for their intense red color and are made from the exact same material as a sapphire. For that reason, all stones of this material that is red in color are classified as red. When the color of such a stone is not red, then it is automatically classified as a sapphire.

Similar to a sapphire, a ruby also ranks quite high on the Mohs scale of hardness – it ranks nine out of ten, to be exact. This makes the ruby just one ranking lower than the diamond; thus offering a customer a durable stone that can be worn on a daily basis.

When a ruby stone is appraised by a gemologist, the same principles utilized to appraise a diamond is utilized, meaning that the 4cs of gemstone quality is used to determine the quality and value of that particular ruby. It should, however, be noted that the ruby’s color plays the most significant part in allowing a gemologist to identify how valuable such a stone is.

When it comes to monitoring the color of a ruby, it should be noted that a ruby possesses both a primary and a secondary color. The primary color will always be red, but the secondary can be either pink, purple or orange. The more red hues a ruby possess and the less of the secondary color that is present, the more valuable such a stone is considered.

In addition to grading the color of a ruby, a gemologist will also weigh a ruby to obtain an accurate carat weight for the ruby. Furthermore, the clarity rating of the ruby will also be identified during the appraisal process, and the gemologist will provide a comprehensive overview of its cut qualities.

Conclusion

Rubies are considered to be the most romantic gemstone in existence, but these stones can be relatively rare to come by, especially a high-quality stone. When it comes to rubies, it is important not to expect a completely perfect stone when searching for one particular stone to buy. In this guide, we provided a basic overview of the particular properties customers should consider when it comes to buying a ruby.

 

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About 

Kevin Lee is a former tech advisor who cut his teeth in Silicon Valley. He now spends his time sharing his passion for investing in diamonds and jewelry. You can reach Kevin for any comments by using the contact form on this site. Don't forget to sign up for his free "Investing 101 Guide" by clicking on the button at the top right of this website.