The value of rubies depends on factors such as size, color, clarity, and origin. High-quality rubies can range from $1,000 to $50,000 per carat, with some exceptional stones, especially those from Burma (Myanmar), commanding even higher prices.
The most prized rubies have a vivid red hue, often referred to as "pigeon blood" red. Rubies with larger sizes, fewer inclusions, and better color saturation generally fetch higher prices. For instance, a 1-carat ruby can cost anywhere from $1,000 to $15,000, while a 5-carat stone could range from $20,000 to over $100,000, depending on its quality.
How Much Is a Red Ruby Worth?
The value of a red ruby depends on factors such as its size, color, clarity, and origin. High-quality red rubies can range from $1,000 to $50,000 per carat.
The most valuable rubies exhibit a vivid "pigeon blood" red color, which is highly sought after. A 1-carat ruby with excellent color and clarity can cost anywhere from $5,000 to $20,000, while larger stones can command much higher prices.
Rubies from regions like Myanmar (Burma) and Mozambique are often more expensive due to their exceptional color and quality. The overall value also depends on the presence of any inclusions and whether the ruby is treated or untreated.
How Expensive Are Rubies?
Rubies can range in price from $1,000 to over $50,000 per carat, depending on factors like size, color, clarity, and origin.
High-quality rubies, particularly those with a rich "pigeon blood" red color, are among the most expensive. A 1-carat ruby with excellent color and clarity can cost between $5,000 and $20,000, with larger stones or those with superior color and fewer inclusions reaching even higher prices.
Rubies from renowned sources like Myanmar (Burma) or Mozambique tend to be more expensive due to their exceptional quality.
Are Rubies Cheaper Than Diamonds?
In general, rubies are typically less expensive than diamonds, though the price can vary depending on factors such as size, quality, and origin.
Diamonds are usually priced higher due to their rarity, especially high-quality ones, and their consistent demand. Rubies, while also valuable, are often priced lower per carat. However, high-quality rubies with exceptional color, such as those from Myanmar, can approach or even surpass the price of diamonds in some cases.
Ultimately, the cost of both gems depends on their individual characteristics, and high-grade rubies can still command significant prices.
Is Ruby More Expensive Than Diamond?
Generally, diamonds are more expensive than rubies due to their rarity, widespread demand, and market factors.
However, in some cases, high-quality rubies, especially those with the coveted "pigeon blood" red color, can surpass diamonds in price per carat. For instance, rubies from Myanmar with exceptional color and clarity may command higher prices than a comparable diamond.
While diamonds maintain higher average pricing, exceptional rubies in terms of size, color, and origin can approach or exceed the cost of diamonds in specific markets.
How Much Is the Most Expensive Ruby?
The most expensive ruby ever sold was a 15.04-carat Burmese ruby named "The Red Emperor." It fetched $30.3 million at auction in 2015, setting a world record for rubies.
Generally, high-quality rubies with exceptional color and clarity can reach prices of over $1 million per carat. Exceptional rubies, especially those from Myanmar, can command astronomical prices, depending on their size and quality.
While this record-breaking sale represents an outlier, the price of a top-tier ruby can vary dramatically, especially for rarer stones with minimal inclusions and rich, vivid color.
What Color Ruby Is the Most Valuable?
How Rare Are Rubies?
The most valuable ruby color is "pigeon blood" red, which is a vivid, intense red with slight undertones of blue. This rich, vibrant hue is considered the ideal and is highly sought after in the gemstone market.
Rubies with this color, particularly from Myanmar (Burma), tend to command the highest prices. The combination of deep color and minimal inclusions makes these rubies exceptionally rare and valuable.
While rubies can range in color from pink to darker red, those with the "pigeon blood" red color are seen as the most prestigious and prized in the industry.
How Much Is Ruby Necklace Gta?
The most valuable ruby color is "pigeon blood" red, which is a vivid, intense red with slight undertones of blue. This rich, vibrant hue is considered the ideal and is highly sought after in the gemstone market.
Rubies with this color, particularly from Myanmar (Burma), tend to command the highest prices. The combination of deep color and minimal inclusions makes these rubies exceptionally rare and valuable.
While rubies can range in color from pink to darker red, those with the "pigeon blood" red color are seen as the most prestigious and prized in the industry.
How Much Are Raw Rubies Worth?
Raw rubies are generally less expensive than polished rubies, with prices varying based on factors like size, quality, and origin. On average, raw rubies can range from $50 to $500 per carat for lower-quality stones, and up to $1,000 or more per carat for higher-quality raw rubies.
The price of raw rubies largely depends on their color, clarity, and whether they come from a reputable source such as Myanmar (Burma). Raw rubies with exceptional color, like the "pigeon blood" red, can command higher prices even before being cut or polished.
Additionally, untreated raw rubies can also fetch a premium due to their rarity, while rubies that need significant treatment or cutting to improve their appearance may be priced lower.
Are Rubies Rarer Than Diamonds?
Yes, rubies are generally rarer than diamonds. While diamonds are abundant and come in various qualities and sizes, rubies are far less common, especially those with high-quality color and clarity.
Top-tier rubies, especially those with the prized "pigeon blood" red hue from Myanmar, are especially rare. The scarcity of rubies in these exceptional qualities makes them more difficult to find in large sizes compared to diamonds.
Though diamonds are often considered more valuable due to their popularity, the rarity of high-quality rubies, particularly those in larger sizes or without significant inclusions, makes them incredibly precious in the gem market.
Who Buys Rubies Near Me?
How Big Is a 1 Carat Ruby?
If you want to sell rubies near Santa Clara, CA, several local jewelry buyers and pawn shops will evaluate and buy gemstones, including rubies:
Local buyers you can visit:
- entity["turn0business1","PMI Gold Buyers and Pawn Shop",1] – Pawnshop and jewelry buyer that buys jewelry and gemstones for cash. citeturn0search1
- entity["turn0business0","Vardy's Jewelers",0] – Jewelry store with appraisal services. Can evaluate and potentially purchase ruby jewelry. citeturn0search1
- Local jewelry buyers and pawn shops in the area include PMI Pawnbrokers & Jewelry Buyers, Cash for Gold San Jose, A Valley Gold & Silver Exchange, R&J Jewelry Store, and Buy Sell Loan pawn shop in Santa Clara. citeturn0search1turn0search14
These places typically appraise your ruby’s quality, size, and condition before making an offer. Bring the gemstone or jewelry in person for the most accurate valuation.
You can also consider national gemstone buyers that purchase rubies by mail with expert appraisals if you prefer selling online. citeturn0search2
How Much Is a 14k Gold Ruby Ring Worth?
A 14k gold ruby ring’s worth varies widely based on the ruby’s quality, carat weight, the weight and design of the 14k gold setting, and current market conditions for gold and gemstones. Prices can range from as low as $200–$500 for small, low‑quality rubies in modest settings, to $1,200–$5,000+ for medium to high‑quality rubies with better color and clarity. citeturn0search0turn0search6
Higher‑end or designer rings with larger, vivid red rubies and intricate craftsmanship may command significantly more, especially if the ruby is certified or from a desirable origin. citeturn0search0turn0search7
The intrinsic value of the 14k gold (58.3% pure gold) also contributes but is typically less than the gemstone’s impact on price. Real resale or appraisal values should be confirmed with a professional gemologist or certified appraiser because online estimates vary and depend heavily on specific ring characteristics. citeturn0search0
How Much Is a Ruby Ring?
A 14k gold ruby ring’s worth varies widely based on the ruby’s quality, carat weight, the weight and design of the 14k gold setting, and current market conditions for gold and gemstones. Prices can range from as low as $200–$500 for small, low‑quality rubies in modest settings, to $1,200–$5,000+ for medium to high‑quality rubies with better color and clarity. citeturn0search0turn0search6
Higher‑end or designer rings with larger, vivid red rubies and intricate craftsmanship may command significantly more, especially if the ruby is certified or from a desirable origin. citeturn0search0turn0search7
The intrinsic value of the 14k gold (58.3% pure gold) also contributes but is typically less than the gemstone’s impact on price. Real resale or appraisal values should be confirmed with a professional gemologist or certified appraiser because online estimates vary and depend heavily on specific ring characteristics. citeturn0search0
