The Fiery Red Ruby - The Most Valuable Gem of All

The very finest, top quality ruby is so rare that itstones are often pinkish in hue and many are
has been the world's most valued gemstone forpastel in tone. Some, however, resemble the vivid
thousands of years. In fact, even today, flawlesspinkish red hues from Burma.
top quality rubies are more valuable and rare thanRubies from Kenya and Tanzania surprised the
top quality colorless diamonds. A 16 carat rubyworld when they were discovered in the sixties
sold at auction for US$227,301 per carat atbecause their color rivals the world's best.
Sotheby's in 1988. A 27.37 carat Burmese rubyUnfortunately, most of the ruby production from
ring sold for US$4 million at Sotheby's in Genevathese countries has many inclusions, tiny flaws
in May 1995, or $146,145 per carat. A 32 caratwhich diminish transparency. Rubies from the
ruby sold for US$144,000 per carat at Sotheby'sAfrican mines are rarely transparent enough to
in 1989. In contrast, eight D-color internallyfacet. However, their fantastic color is displayed
flawless diamonds over 50 carats were sold in theto full advantage when cut cabochon style. A few
past 9 years and the largest, a pear-shape of 102rare clean stones have been seen which are top
carats, fetched a mere US$125,000 per carat.quality.
Top rubies are so rare even the world's top gemThe most important factor in the value of a ruby
dealers must incessantly comb through wealthyis color. The top qualities are as red as you can
estate sales and auctions to find them. Cleanimagine: a saturated pure spectral hue without any
bright stones in sizes above five carats areovertones of brown or blue. An intense pure, red
particularly rare.color, uniform color is the most valuable gem.
Ruby is the gem quality form of the mineralClarity is also of secondary importance, but a fine
corundum, and one of the most durable mineralscolored gem with slight flaws is still highly valued.
which exists, a crystalline form of aluminum oxide.Large sizes rubies are more rare than diamond
Corundum has a hardness of 9 on the Mohs scaleand a value of fine gem ruby increases
and is also extremely tough. In its common form,significantly (more so than other gems) with
corundum is even used as an abrasive. Colors ofincreased weight.
Corundum other than red are known as Sapphire.The word red is derived from the Latin for ruby,
The element Chromium is responsible for the redruber, which is derived from similar words in
color of this gem, but too much Chromium canPersian, Hebrew, and Sanskrit. The intensity of
actually turn corundum emerald green in color.color of a fine ruby is like a glowing coal, probably
Heat treatment is very common in rubythe most intensely colored substance our
gemstones (as is true for all forms of corundum)ancestors ever saw. It is no wonder they
and is used to dissolve "silk" inclusions, whichascribed magical powers to these fires that
results in a more transparent, more intenselyburned perpetually and never extinguished
colored stone. The heat treatment is consideredthemselves.
permanent and does not usually detract from theAfter color, the other factors which influence the
value of the stone.value of a ruby are clarity, cut, and size. Rubies
The most famous source of fine rubies is Burma,that are perfectly transparent, with no tiny flaws,
which is now called Myanmar. The ruby mines ofare more valuable than those with inclusions which
Myanmar are older than history: stone age andare visible to the eye. Cut can make a big
bronze age mining tools have been found in thedifference in how attractive and lively a ruby
mining area of Mogok. Rubies from the legendaryappears to the eye. A well-cut stone should
mines in Mogok often have a pure red color,reflect back light evenly across the surface
which is often described as "pigeon's-blood"without a dark or washed-out area in the center
although that term is more fanciful than an actualthat can result from a stone that is too deep or
practical standard in the trade today. Myanmarshallow. The shape should also be symmetrical and
also produces intense pinkish red rubies which arethere should not be any nicks or scratches in the
also vivid and extremely beautiful. Many of thepolish.
rubies from Burma have a strong fluorescenceRuby sometimes displays a three-ray, six-point
when exposed to ultraviolet rays like those instar. These star rubies are cut in a smooth
sunlight, which layers on extra color. Burma rubiesdomed cabochon cut to display the effect. The
have a reputation of holding their vivid color understar is best visible when illuminated with a single
all lighting conditions.light source: it moves across the stone as the
Fine rubies are also found in Thailand. Thai rubieslight moves. This effect, called asterism, is caused
tend to be darker red in tone: a real red, tendingby light reflecting off tiny rutile needles, called
toward burgundy rather than pink, as Burma"silk," which are oriented along the crystal faces.
rubies do. This makes them very popular in theThe value of star rubies and sapphires are
United States where consumers generally preferinfluenced by two things: the intensity and
their rubies to be a darker red rather than aattractiveness of the body color and the strength
darker pink. Some Thai rubies have blackand sharpness of the star. All six legs should be
reflections, a phenomenon called extinction, whichstraight and equally prominent. Star rubies rarely
can make their color look darker than it really is.have the combination of a fine translucent or
But Thai rubies can also have a rich vivid red thattransparent color and a sharp prominent star.
rivals the Burmese in intensity. Sri Lankan rubiesThese gems are valuable and expensive.
can also be very beautiful. Many Sri Lankan