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How Much is My Ruby Worth?

How Much is My Ruby Worth? Featured Image

Rubies are highly prized for their deep red color and among the most valuable of all colored gemstones.

If you would like to sell a ruby ring or other item of ruby jewelry, the first question on your mind is likely, “How much is my ruby worth?” There are various factors which impact the value of a ruby, and we will cover each one in this article on appraising the value of a ruby gemstone.

However, you can begin now and learn your ruby jewelry’s worth by contacting Diamond Estate now for a verbal market apparisal and cash offer.

As an A+ BBB rated ruby jewelry buyer with thousands of satisfied clients nationwide, you can be confident that our ruby emerald appraisals and cash offers are higher than other jewelry buyers. We specialize in ruby jewelry from luxury brands such as Tiffany & Co., Van Cleef & Arpels, Cartier, and Harry Winston.

Call (800) 956-8505 for a Free Quote

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Real Reviews From Customers


I had a timepiece that I was looking to sell and searched high and low to find a reputable dealer to appraise the piece and would offer a fair price. I came Diamond Estate Jewelry Buyers read more online. At first I was hesitant to try an online service for this type of transaction but let me tell you, they were great. Paula helped me through the process and just as their website describes, it is a safe and secure method for this type transaction. It was a very smooth, seamless transaction…and the price was fair. I hope this review will allay any concerns people may have. I was hesitant at first, but now they will be my go-to people for this type of service in the future. Thanks again Paula for great customer-centric service.

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John H.

Yelp

My name is Ron Hazel and I recently completed some business with Diamond Estate Jewelry Buyers. I found them to be very professional and straight forward. Paula Dabney did exactly what read more she said she would do and precisely when she said she would do it. She made it easy to understand the value of my jewelry. In this uncertain world we live in it’s nice to work with a company that is trustworthy and expedient.

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Ron H.

Yelp

We contacted Carl to sell approximately 25 pieces of estate jewelry. He was extremely responsive and followed up the same day. His secretary was fantastic getting us an appointment read more quickly. Carl spent a long time explaining the pricing, appraisals, value, and process and made us feel very comfortable selling to him. We are extremely pleased with the entire experience and will definitely recommend him to others!

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Belinda K.

Google

Let me tell you, Paula was the best she helped me so much with my fathers watches. Money was put in my account as soon as she got the watches. I would recommend this place always thanks read more for such great service.

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Donna S.

Facebook

This company was excellent to deal with and very fair on their offer. Paula Dabney took care of my transaction and kept me informed of everything. The money was wired to me within an read more hour after the received my watch. I highly recommend this company.

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Bill P.

Google

I worked with Paula the most and she was great. Very patient, very kind; answered all my many questions. Received agreed upon payment extremely fast, as promised. It is scary to send read more jewelry in the mail, but everything worked as I was told it would. I would do this again.

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Faye N.

Yelp

I sold a diamond engagement ring and a wedding ring. Paula was exceptional to work with. She answered all of my questions and assuaged any concerns that I had. I know the price I got read more was fair, as I had a prior gemologist look at the rings, but I was not comfortable dealing with that outfit for reasons other than the price. I am comfortable with my decision to sell, and I know I got the best offer I could get at this time. I highly recommend Diamond Estate Jewelry Buyers. Thank you, Paula, for all the time you spent with me. You have immense patience and empathy.

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Barbara M.

Yelp

I had an outstanding experience dealing with Paula to sell a watch. Professional. In every aspect of the transaction, Paula was clear, accurate, knowledgeable, and very pleasant to read more deal with. I found this business through reading other reviews and decided to try. I’m writing to add my voice to the many who have had a great experience with DEJB. I will look no where else for future transactions – I recommend you do the same and contact them first.

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Paul K.

Yelp

I reached out to Diamond Estate Jewelry Buyers to sell my husband’s Rolex. Lori was very nice, knowledgeable, & inspired trust. Most importantly to me, there was absolutely no pressure read more to proceed—I felt very comfortable with the pace of the process. Lori gave me an estimated range of what the watch would be worth, subject to adjustment based on their appraisal once their buyer was able to examine it. She provided all details and the Fed Ex labels for shipping the watch—it was not hard and I was fully confident it would go without a snag. Lori called to let me know as soon as the watch arrived. The next day it was appraised by their buyer and Lori called to let me know the adjusted price. They dealt fairly with me, so I accepted and wire transfer was made same day to my bank account. Nicely done, Lori!

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Renee R.

Google

Exceedingly pleased and impressed with this service. I worked with Paula who is professional, personal, and accountable. Everything happened as said from beginning to end, which was read more hard to believe at first. I re-read reviews even after I boxed up my items because of the anxiety! Paula helped normalize a sentimental event and held my trust throughout the whole process (which was actually very fast and exactly to description). Highly recommended and would use again without hesitation. Thank you Diamond Estate Jewelry Buyers, especially Paula!

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Jesse S.

Yelp

Rubies have always been highly prized for their deep red color, and are consistently the most valuable of all the colored gemstones. Rubies are the red variety of the mineral corundum, which in its most pure state is colorless. Trace amounts of the element chromium are responsible for making the corundum crystal red, and slight variations in the amount of chromium can cause tremendous variation in the stone’s color. All other colors of corundum are sapphires.

Rubies are generally evaluated by the same criteria that diamonds are judged, the famous “Four Cs”: color, clarity, cut, and carat. Though all of these categories affect the value of any particular ruby, color is by far the most important.

 

How Ruby Color Affects Value

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A Ruby and Diamond Ring Recently Purchased by Diamond Estate

The finest rubies exhibit a pure red to slightly purplish red color, and have vivid color saturation. Colors that run toward orangey or purplish move down the scale in terms of quality. The color of the ruby should be neither too dark nor too light. A ruby that is too dark will not appear significantly bright, and a ruby that is too light will most likely be considered a pink sapphire.

The quality of a ruby’s color is not a simple thing to judge. The GIA Laboratory uses a set of master stones for color comparisons under carefully controlled lighting conditions to grade a stone’s color.

A ruby that is too light will likely be considered a pink sapphire.

The dominant hue must be red for a stone to be considered a ruby—all other dominant hues are considered either pink, orange, or purple sapphires.

Traditional descriptions like “pigeon’s blood” are sometimes used to describe a ruby’s color, and sometimes place names that indicate a stone’s source can be used as well, though these descriptions can be problematic. Not only is the term “pigeon’s blood” highly subjective, but rubies mined from the same location will not necessarily share the same quality of color. Just because a ruby is called a Burmese ruby is no definitive guarantee of a specific color quality.

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How Ruby Clarity Affects Value

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A Diamond Ring Set with a Burmese Ruby Recently Bought by Diamond Estate

Rubies almost always exhibit some kind of inclusions, and the value of a ruby can be greatly affected by how visible the inclusions may be.

Rubies with inclusions that reduce their transparency and brightness, or inclusions that reach the surface and compromise the stone’s integrity are significantly less valuable than those without prominent inclusions. While so-called ‘eye clean’ rubies do exist, they are quite rare and expensive.

A typical inclusion in rubies is known as ‘silk’ or ‘needles.’ These thin rutile inclusions can occasionally result in asterism, a phenomenon that results in the highly prized “star ruby,” though generally they detract from the stone’s clarity and make the ruby less valuable.

A typical inclusion in rubies is known as ‘silk’ or ‘needles.

Because most all rubies have some inclusions, various treatments have been used to improve their clarity, some for thousands of years. Simple heat treatment in rubies mimics the natural heating processes, and is considered permanent, stable, and is generally accepted in the industry as long as it is disclosed. Heat treatment of this kind does not generally lower the value of the stone. Other more invasive treatments, like diffusion coloring or the filling of imperfections with lead glass or polymers, are much less acceptable and will compromise the value of the gem.

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How Ruby Cut Affects Value

Triangular, pear, round, marquise, and emerald cuts are sometimes used for rubies.

The cut of any gemstone is always a compromise that balances the natural features of the gem while retaining as much of the rough stone as possible. In rubies, the natural crystal shape often determines the type of cut, with the most common being ovals and cushions, with triangular or kite shaped facets and step cut pavilions. Triangular, pear, round, marquise, and emerald cuts are sometimes used for rubies, but their availability in large sizes and higher qualities is limited.

Rubies exhibit pleochroism, or the appearance of different colors when viewed from different directions, typically more red to purplish when seen from one direction, and more orangey red from the other. In an effort to preserve the ruby’s more valuable red coloring, gem cutters will often try to orient the table facet perpendicular to the longer crystal direction, minimizing the orange hues.

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How Ruby Carat Weight Affects Value

As with most gemstones, bigger rubies are simply more valuable, but because rubies larger than one carat are quite rare, the price per carat increases dramatically as rubies increase in size. Larger medium quality rubies might sell for twice as much per carat as smaller rubies of the same quality, whereas larger, fine quality rubies might sell for as much as ten times more per carat than smaller rubies of similar quality.

 

Get a Free Ruby Appraisal

Contact Diamond Estate Jewelry Buyers today for a free verbal appraisal of your ruby ring, necklace, brooch, earrings, or loose ruby gemstone. You can also get the process started online by telling us about the ruby jewelry you wish to sell in the contact form below.

Call Us Toll Free: (800) 956-8505

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About Diamond Estate

Diamond Estate Jewelry Buyers is a leading fine jewelry buyer and watch buyer serving customers throughout the US. We've built our business on core values of integrity, honesty, and superior customer service. Are you looking to sell diamonds, rings, watches, earrings or other fine jewelry? Get in touch to get your no-obligation offer.

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Diamond Estate President and Founder Carl Blackburn was interviewed in 2009 by KUSI Television, along with the Better Business Bureau's Sheryl Bilbrey, as one of San Diego's trustworthy and reputable jewelry buyers.

Ten Years later, Diamond Estate still maintains its A+ standing with the Better Business Bureau, while helping sellers nationwide become better informed through the many videos, guides, and articles published on this website.

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