Ruby & Sapphire

Kashmir Sapphire Ring Auctioned For $7.3 Million

May 31, 2015By 0 Comments
Kashmir Sapphire Ring Auctioned For $7.3 Million

A prize 35-carat sapphire from Kashmir fetched $7.3 million Wednesday, May 13, 2015, according to the auction house Christie’s. The sale, to a private anonymous Asian buyer, set a world record per carat for a Kashmir sapphire at $209,689 per carat, Christie’s said in a statement. Kashmir sapphires are sought after for their rich cornflower […]

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Unheated Mogok Ruby Ring

July 20, 2010By 106 Comments
Unheated Mogok Ruby Ring

Hello Arthur I bought a ruby ring with some diamonds set on the side.  The Sales Girl told me that the ruby was from Mogok, Burma and the colour was pigeon blood.  Further the girl told me that the stone is unheated and it is a very valuable ruby.  The gold is 18K white gold. […]

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2 Burmese Rubies Always Command Top Price

June 14, 2010By 85 Comments
2 Burmese Rubies Always Command Top Price

In the high-end market, demand remains strong for Burma rubies and sapphires. Blue sapphires are more desirable, and their prices are more stable. Ruby prices, however, are on the rise, and the supply of fine Burma rubies—already scarce before the embargo (enacted in 2008)—has only gotten worse. Richard Wise of R.W. Wise Goldsmiths in Lenox, […]

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1 Rubies & Sapphires – An Introduction

June 2, 2010By 44 Comments
1 Rubies & Sapphires – An Introduction

Apart from diamonds, rubies and sapphires are perhaps the most important gemstones.  The price of high quality rubies and sapphires when it comes from a certain region may perhaps be more than high quality diamonds on a per carat basis. Rubies and sapphires belong to the same family species called Corundum but are called by […]

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