Why Is A Burmese Ruby So Expensive?

Why are Burmese rubies illegal?

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..

How can you tell a Burmese ruby?

Check the color. Burma rubies are a deep blood-red hue with a tinge of blue. The most prevalent rubies on the market are from Thailand and they come in brownish-red shades. Look for too-much clarity.

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.

Is Ruby expensive than diamond?

Large, gem-quality rubies can be more valuable than comparably sized diamonds and are certainly rarer. In fact, smaller blue sapphires (1-3 cts) are relatively abundant compared to small, gem-quality rubies. As a result, even small rubies have relatively high values. … Origin and color greatly affect the value of a ruby.

Is Ruby a diamond?

A ruby is a pink to blood-red coloured gemstone, a variety of the mineral corundum (aluminium oxide). Other varieties of gem-quality corundum are called sapphires. Ruby is one of the traditional cardinal gems, together with amethyst, sapphire, emerald, and diamond. … The color of a ruby is due to the element chromium.

How big is a 1 carat ruby?

7 x 5 mm1 Carat Ruby (Oval, Red, 7 x 5 mm) – Gem Details.

How do you tell if a ruby is real or synthetic?

Artificial rubies are made of glass. Therefore, the simplest way to know if the ruby is fake or not is to compare it with a glass of similar tinge. Take a piece of red glass and compare it with the fake one. If the two matches, then the stone is a fake one.

What color is a good quality 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 1 carat ruby?

One carat ruby prices can range from US$10 to US$12,000 The method I used to determine the value is by first categorizing the stone based on the 4Cs + OT method.

Who should not wear ruby?

Who should not wear ruby gemstones? Taurus, Virgo, Capricorn, Aquarius, Libra, Capricorn, and Pisces ascendants should never wear rubies. This is because of the Sun’s position and its enmity with these planetary positions.

Which zodiac can wear ruby?

LeoLeo. The Zodiac sign Leo is ruled by Sun, the gem for sun is Ruby so people with zodiac sign Leo should wear Ruby. Those born under the Sun Sign of Leo have a strong tendency to be overpowering in all their relationships.

Are Burmese rubies good quality?

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. … Burmese Rubies are considered the best, for one simple reason – their color.

How much does a Burmese ruby cost?

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.

How can u tell if a ruby is real?

Use the ruby to scratch a hard and yet 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.

What is the rarest gem?

PainitePainite was first discovered by British gemologist Arthur Charles Davy Pain in 1951 and recognized as a new mineral in 1957. For many years only one specimen of the dark red crystal was in existence, housed at the British Museum in London, making it the world’s rarest gemstone.