As we commemorate the century, rubies have enchanted the human heart for over a thousand years. Although ruby is the birthstone for July, it is often worn by those born in other months due to the significant impression it has, given the rich color and the history linked with rubies.
With the exception of select colored diamonds and imperial jadeite, ruby is the most costly gemstone in the world. However, like with any gemstone, select high-quality pieces may be offered at a reduced cost.
The highest price per carat paid for a ruby occurred in 2006, when Laurence Graff, a London jeweler, paid a record $425,000 per carat ($3.6 million) at a Christie’s auction for an 8.62-ct. ruby set in a Bvlgari ring. A faceted ruby gemstone weighing 8.01 carats sold for $274,656 per carat ($2.2 million) at Christie’s New York less than a year prior.
The intensity of red color in a ruby is the most important aspect in assessing value. The perfect gemstone has a vivid, rich red color that is neither too light nor too dark. Stones that seem overly black and garnet-like, or that are excessively light in hue, are less valuable. The finest rubies have a hue akin to a red traffic light.
However, the secret is to always observe rubies in incandescent or natural light, rather than fluorescent light.
Which form should I buy? Rubies come in a wide range of forms and cutting methods. Oval and cushion rubies are the most frequent, although round rubies and various forms, such as the heart or emerald cut, are sometimes encountered. Round stones command a small premium, whereas pear and marquise rubies command a slight discount. Stones that are too deep or too shallow should be avoided in general. Cabochon rubies are very popular. Cabochon cut star rubies are the most common.
Lab-Created Rubies: Since the 1890s, the Verneuil technique has been used to create rubies at a low cost. The flux, hydrothermal, floating zone, and Czochralski techniques have also generated ruby. A lab-created ruby is chemically and physically similar to a natural ruby. The only difference is that they were created in labs, and they are artificial perfection!
It is quite difficult to tell whether a ruby was made in a laboratory. Only a skilled appraiser will be able to identify the difference. If money is an issue and a colored gemstone ruby is required, this is the finest alternative.
The Angara provides you with ‘excellent, better, and finest’ characteristics of ruby jewelry in order to appeal to every section of society. If you must have natural ruby, a “good” ruby jewelry product may be an alternative for you, since this is the most cost-effective solution. If your budget allows for it, opt for “higher” quality. And save the ‘best’ for those unique occasions that call for it. This characteristic is present in more than 60% of Angara’s jewelry. To access “excellent, better, and best alternatives,” click on the picture in the catalog.