A fine example like the
The Sunrise Ruby is the world's most expensive ruby, most expensive coloured gemstone, and most expensive gemstone other than a diamond.
Sotheby's sold two precious gemstones for US$34.8 million each Thursday in New York, setting records for both. The 55.22-carat Estrela de Fury from Mozambique, the largest ruby to have been sold at a public auction, achieved a hammer price of US$30 million after 90 seconds of bidding.
Burmese Rubies, aka Burma Manik, are considered to be of the best quality on the account for one simple reason, their superior red color. So there is no surprise why these rubies are counted among the most coveted gemstones. Mogok in northern Burma is the oldest and prominent source of best-ever rubies out there.
Gem-quality rubies are significantly rarer than diamonds, though there are certain types of diamonds that are very rare too. If we weigh the most spectacular examples of rubies and diamonds against one another, diamonds that show color are even rarer.
Rubies are way rarer than Sapphires and hence considered to be more precious than the latter.
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.
Therefore, a ruby gemstone ring is a suitable pick for proposals, engagements as well as wedding ceremonies. Sapphire is undoubtedly the most expensive option of the three boasting an even higher starting price for an heirloom-quality 1-carat piece.
Rubies are one of the rarest gemstones. The rarest rubies come from Burma (Myanmar), due to their high quality and exceptional color. Good quality rubies larger than one carat are also extremely rare—and expensive.
Ruby: Untreated natural rubies are extremely rare. They are actually significantly rarer than sapphires, which is why they are even more expensive. Emerald: Like sapphires and rubies, emeralds are among the rarest of all gemstones. They are rarer than sapphires but not quite as rare as rubies.
Rubies that are graded as VVS and VS are considered to be the highest qualities. There are many different kinds of inclusions that are found in rubies. An inclusion is any characteristic that is found inside the stone. Inclusions are natural.
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.
Sapphires and rubies have been found in all eastern Australian states, including Tasmania. In New South Wales, sapphires and rubies are mined in the New England region, around Inverell and Glen Innes, and north-west of Goulburn, near Oberon.
Fine-quality rubies are some of the most expensive gemstones, with record ruby prices over $1,000,000 per carat. However, rubies are also subjected to more treatments than almost any other gem. For this reason, ruby prices can range from a few hundred dollars a carat to thousands of dollars per carat.
Considered to be the rarest of all gemstones, the Burmese pigeon blood's ruby, set between two heptagonal diamonds, has been described as “a unique treasure of nature” with a “well-proportioned cut, highly attractive colour and fine purity” by The Swiss Gemmological Institute.
Painite : Not just the rarest gemstone, but also the rarest mineral on earth, Painite holds the Guinness World Record for it. After its discovery in the year 1951, there existed only 2 specimens of Painite for the next many decades. By the year 2004, there were less than 2 dozens known gemstones.
Blue Diamond – $3.93 million per carat
The most expensive and rarest gemstone in the world is a natural blue diamond. That explains the price of $3.93 million per carat. Blue diamonds were discovered in India and later displayed in a London collection in 1839.
Based on what is available in our inventory, the vast majority of rubies that weigh around 1 carat are at least $1,000 per carat. This amount easily doubles if the ruby has not been heat-treated and will increase steeply for rubies that show good color, even if they have been heated.
*Examine the transparency: Most genuine rubies should be transparent/clear. *Check for parallel lines within the stones: if the stone has some clear tiny parallel stripes within the stones with a slight "foggy" look, it is most likely synthetic. *Check the color: Synthetic rubies have a red hue that is a bit "off".
Washington, DC—Burmese rubies are back to being banned, and the U.S. government is ready to crack down on violators. U.S. gem dealers were banned from importing rubies and other precious gems from Burma, also known as Myanmar, for nearly two decades.
As mentioned before, the most important value-determining factor of a Burma ruby is its color. If possible, look for genuine Burma rubies that exhibit the pigeon blood color. You will know that you have found the right one if the ruby contains a pure, vibrant shade of red.
The hue of rubies can range from strong purple to intense red to an orange-red. Its tone can be medium to dark with vivid saturation or low saturation with dark tones. If the chromium-generated color saturation is not sufficient to create a red color perception, the stone appears pink and thus becomes a pink sapphire.
A fine quality ruby is generally more expensive than most sapphires and emeralds, with record prices of up to $1,000,000 per carat. Sapphires can cost anywhere from $1,000 to $11,000 per carat, but you'll find good-quality stones at $450 - $1,200 per carat. Emeralds range from $525 to $1,125 per carat.
Generally speaking, rubies are more expensive than diamonds due to rarity. However, this isn't a hard and fast rule. The main consideration for both of these stones is quality, depending on the 4Cs of color, clarity, cut, and carat weight, though how these factors are weighted is different between rubies and diamonds.
Australia's national gemstone is the opal, a stone famous across the world for its brilliant colours. In Indigenous stories, a rainbow created the colours of the opal when it touched the earth. Opal, also known to Indigenous people as the fire of the desert, is a powerful symbol of Australia's arid interior.