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How much does a ruby cost?

Like any other gemstone, the cost of a ruby can vary depending on the quality and carat weight. Note that carat weight is the unit of measurement that most gemstones are weighted by (1 carat = 0.2 grams). Rubies can run as little as $1 a carat to $100,000+ a carat, depending on the 4Cs.

How much is a Sunrise Ruby worth?

The Sunrise Ruby’s sale price shattered the previous record for a Ruby gemstone, which was held by the Graff Ruby, a 8.62-carat Burma Ruby that sold for $8.6 million in 2014. If you have a Ruby that you want to get appraised, it’s essential to find a reputable and experienced appraiser who specializes in gemstones.

How do you determine the value of a ruby?

The setting or mounting of the Ruby can also impact its value. A high-quality setting made of precious metals such as gold or platinum can add to the value of the gemstone. When it comes to determining the price of a Ruby, color, clarity, and cut are two of the most important factors to consider.

How much does a Mozambique Ruby cost?

A one-carat, untreated Mozambique ruby with a dark color and close to eye clean, can be had for around $4,500 from another retailer. That's not a pigeon's blood color, but it still has nice color saturation. This gives you an idea of how total carat weight affects the price of rubies.

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