What are Burmese rubies worth?
In general, though, Burmese rubies tend to be the most expensive among ruby varieties. The highest anyone has ever paid for a Burmese ruby has been $1 million USD per carat. However, in general, you can find high quality Burmese rubies priced around $10,000 per carat.
Are Burmese rubies good quality?
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. Sapphire and Ruby are both corundum, Sapphire is used for all colors of corundum except for red.
Is Burmese ruby expensive?
To be more precise, a one-carat unheated Burma ruby can cost from $15,000 to $25,000 on average. The most expensive Burma ruby ever sold is the Sunrise Ruby, which was sold at a Swiss auction for $30 million.
Why is a Burmese ruby so expensive?
One of the main reasons that Burmese rubies are so valuable is because of their very specific, extremely saturated colour, caused by a high chromium content in the ground from which they are extracted.
What country has the best rubies?
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.
Can you buy rubies in Burma?
Since 2003, the United States government has banned the importation of gemstones from Burma (Myanmar), especially valuable ruby and jadeite.
What is the most expensive gem in the world?
FACT: The largest loose diamond in the world is the Paragon Diamond, weighing in at 137.82 carats, while the Pink Star Diamond is the most expensive gemstone to ever be sold at a whopping $83 million.
Are Burmese rubies still mined?
“Today, the mines of Myanmar are no longer producing large or gem-quality stones, but demand is high and supply very limited,” said Vincent Pardieu, a world-renowned field gemologist, explaining that the government suspended mining licenses in 2016.
Which country ruby stone is best?
What are the best Burmese gemstones to buy?
Gemstones from Myanmar. With regard to Burmese gemstones, the first thing that springs to mind is high quality rubies and sapphires from Mogok in the Mandalay region. In fact, this area has been called “The Valley of Rubies” due to its glittering treasures of exceptional purity and hue, such as the famed “pigeon’s blood” deep bluish-red rubies.
How much does a Burmese ruby cost?
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.
Where are green gemstones found in Myanmar?
Another green gemstone material, peridot, is mined in the Mogok region, at the Pyaung Gaung Mines. The top grade peridot gems from these mines are considered to be the finest in the world. The gemstones are large and exhibit a yellowish-green to bottle-green hue.
Why is Burmese sapphire so expensive?
Burmese Sapphire is one of the rarest varieties of Sapphire making it usually expensive so the price has to be checked before buying one. Burmese Sapphire has a higher possibility of going under heat treatment to improve its color and clarity. Generally, gemstones undergo some kind of treatment so one has to consider this as well.