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.
Which country has best rubies?
Myanmar is the world’s ruby capital with more than 90% of the world’s rubies coming from the Asian nation. The country is also home to world’s largest cut ruby which weighs at 1,184 carats. Myanmar’s government is in possession of a sizeable uncut ruby weighing 500 carats.
What is the highest quality ruby?
Burmese rubies are the best rubies in the world and the most sought after. Burmese ruby is the standard by which all other rubies are judged. AJS Gems specializes in Burma ruby and carry an selection of these fine gems.
Where do the most expensive rubies come from?
The Sunrise Ruby is the world’s most expensive ruby, most expensive coloured gemstone, and most expensive gemstone other than a diamond. Originally mined in Myanmar, its current name is derived from a poem of the same name, written by the 13th-century Sufi poet Rumi.
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.
Who owns the world’s largest ruby?
The largest Ruby weighs 21,955 g (48 lbs 6.43 oz) and measures 310 x 165 x 140 mm (12.20 x 6.49 x 5.51 in) owned by Rajiv Golcha (India) officially measured in Bangalore, India, on 3 June 2009. The ruby has been named “The King Ruby” and is held in the Prestige Gems & Jewels showroom in India.
How can you tell if a ruby is Burmese?
Look at the Color
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.
Where do Burmese rubies come from?
Burmese rubies come from Burma, a Southeast Asian country. Although Burma is now known as Myanmar, the industry still refers to these rubies as Burmese. Most Burmese rubies come from the districts surrounding Mogok and Mong Hsu, regions in the north and north-east of Burma respectively.
What is a Burmese ruby?
The Burmese ruby is one of the most valuable variations of the corundum mineral family. … The Burmese ruby, however, is a piercing bright red, sometimes referred to as “pigeon’s blood”. All rubies owe their coloring to the element chromium and the intensity of that color depends on the amount of chromium exposure.
What color ruby is most valuable?
The Color of 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.
Are Burmese rubies illegal?
Since 2003, the United States government has banned the importation of gemstones from Burma (Myanmar), especially valuable ruby and jadeite. … It is now legal to import Burmese ruby and jade to the US.
What is the most expensive stone in the world?
Top 15 Most Expensive Gemstones In The World
- Blue Diamond – $3.93 million per carat. …
- Jadeite – $3 million per carat. …
- Pink Diamond – $1.19 million per carat. …
- Red Diamond – $1,000,000 per carat. …
- Emerald – $305,000 per carat. …
- Taaffeite – $35,000 per carat. …
- Grandidierite – $20,000 per carat. …
- Serendibite – $18,000 per carat.