Quick Answer: Are African rubies valuable?

How much is an African ruby worth?

For example, a 1 carat unheated African ruby can be valued upto $2,000 per carat where a heated African ruby with similar qualities would cost approximately $1,500 per carat. Nevertheless, the price difference between an unheated and heated ruby of over 2 carats could be much higher.

How much is a 3 carat African ruby worth?

Ruby – Single Stone Price List

Size V. Fine Mid. Range
under 1 ct. call $300-450
1 carat size call $450-650
2 carat size call $600-800
3 carat size call $600-800

Where do star rubies come from?

Origin – Star ruby crystals are resourced from the ruby mines of Burma (Myanmar), Sri Lanka (Ceylon), India, Madagascar and Tanzania. Sri-Lanka star rubies generally appear raspberry red whereas Indian star ruby is more likely to be violet to reddish brown in color.

What is the most expensive ruby?

Sold for $14,165,000 in 2016

The Jubilee Ruby, weighing 15.99 carats, is the most expensive coloured gemstone ever sold at auction in the United States. Set in a distinctive gold and diamond mounting by Verdura, it sold for $14.2 million, which equates to $885,000 per carat.

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