Ruby Ring Value Calculator

Ruby Ring Value Calculator

Ruby Carat WeightRuby ColorRuby ClarityRuby CutRing Metal TypeEstimated Value Range (USD)
0.5 - 1.0 caratsVivid Red (Pigeon Blood)FlawlessExcellentPlatinum$1,500 - $5,000
0.5 - 1.0 caratsVivid Red (Pigeon Blood)Slightly IncludedVery GoodPlatinum$1,200 - $4,500
0.5 - 1.0 caratsVivid Red (Pigeon Blood)Slightly IncludedVery GoodGold (18K)$1,000 - $4,000
1.0 - 2.0 caratsVivid Red (Pigeon Blood)FlawlessExcellentPlatinum$5,000 - $12,000
1.0 - 2.0 caratsVivid Red (Pigeon Blood)Slightly IncludedVery GoodPlatinum$4,500 - $10,000
1.0 - 2.0 caratsVivid Red (Pigeon Blood)Slightly IncludedVery GoodGold (18K)$4,000 - $9,000
2.0 - 3.0 caratsVivid Red (Pigeon Blood)FlawlessExcellentPlatinum$12,000 - $30,000
2.0 - 3.0 caratsVivid Red (Pigeon Blood)Slightly IncludedVery GoodPlatinum$10,000 - $25,000
2.0 - 3.0 caratsVivid Red (Pigeon Blood)Slightly IncludedVery GoodGold (18K)$9,000 - $22,000
3.0+ caratsVivid Red (Pigeon Blood)FlawlessExcellentPlatinum$30,000+
3.0+ caratsVivid Red (Pigeon Blood)Slightly IncludedVery GoodPlatinum$25,000+
3.0+ caratsVivid Red (Pigeon Blood)Slightly IncludedVery GoodGold (18K)$22,000+

A ruby ring's value depends on many things. The price of the ruby and its setting is key. A ring with a small, natural ruby can cost around $1,000 or more. Yet, larger, natural rubies are much harder to find and worth more. The color of the ruby matters a lot. Rubies that are a vivid red, known as "pigeon's blood" rubies, fetch the highest prices. This high-value rubies often cost three times more than rubies of similar size but different colors. The clarity and the way the ruby is cut also affect its value, but not as much as its color.

The size of the ruby, measured in carats, is also important. Bigger rubies are more rare and costly. For instance, a small 0.57-carat ruby costs $1,179.90. In comparison, a slightly bigger 0.62-carat ruby is $1,178.00. A much larger 1.38-carat ruby, on the other hand, costs $3,864.00. Knowing these details is crucial in figuring out a ruby ring's value.

Key Takeaways

  • Ruby ring value is determined by the cost of the ruby and the setting.
  • Larger, higher-quality rubies with a "pigeon's blood" red color are the most valuable.
  • Carat weight is a significant factor, as larger rubies are exponentially rarer and more expensive.
  • Clarity and cut have a lesser impact on price compared to color and carat weight.
  • Untreated, natural rubies are more valuable than heated rubies.

Understanding Ruby Valuation

The main thing that decides a ruby ring's value is the ruby itself. A natural, untreated ruby that's under one carat starts around $1,000. For example, a 0.57-carat ruby costs $1,179.90, while a 1.38-carat one is priced at $3,864.00.

Importance of Color, Clarity, Cut, and Carat Weight

Color is the most critical factor for a ruby's price. Rubies with a vivid red, also known as "pigeon's blood", can cost three times more than those that are reddish due to being processed. Clarity matters too, especially if the inclusions are in the center. A good cut is essential for the ruby's beauty and affects its price slightly. The carat weight determines the ruby's rarity. Bigger rubies become much more expensive, even though they might have a smaller audience.

Factors Affecting Ruby Value

Color is key when figuring out a ruby's worth. The top choice is a strong red, called "pigeon's blood." This intense red, with the right tone and color depth, is the most sought after. Rubies that are pure red and have higher saturation cost much more. They can be 3 times pricier than rubies of the same size but different color.

Country of Origin

Where a ruby comes from impacts its value a lot. Rubies from Burma are first choice for their deep red color. Known as "pigeon's blood," they are highly valued. Next are African rubies from places like Mozambique, often more affordable. Rubies from Sri Lanka, Thailand, and Vietnam are not as valued.

Treatment

Natural, untreated rubies are most valuable. Heated rubies are cheaper. The price gap grows for larger rubies, reaching up to 3 times for premium unheated stones. For example, a 2 carat unheated Burmese ruby could hit $35,000 per carat. A heated one only averages $12,000 per carat.

Clarity

Clarity is less critical than color in a ruby's value. "Eye-clean" rubies, those without visible flaws, are prized but rare. Inclusions are commonly found in rubies. Stones with slight inclusions offer good value. Completely flawless rubies are very expensive for most buyers.

Carat Weight

Even though not the top factor, carat weight impacts ruby value significantly. Bigger rubies are much harder to find, making them pricier. Prices can jump from $1,000 for a 1-carat ruby to $30,000 per carat for 3-4 carat stones.

How Much Is My Ruby Ring Worth?

To find out how much a ruby ring value appraisal is worth, look at its color, clarity, how to determine ruby worth, and more. Rubies that are natural and untreated, with a deep red color, are very valuable. They should have few internal flaws. The larger they are, the rarer they are and more valuable they become. Also, the way the ruby is set in the ring affects its value by adding to the workmanshipfactors that impact ruby ring price.

Ruby IDCarat WeightPrice
R123190.57 carats$1,179.90
R122930.62 carats$1,178.00
R65311.38 carats$3,864.00
N/A1.11 carats$4,312.35
N/A1.12 carats$4,662.00

Other Pricing Considerations

Setting Costs

The cost of the setting for a ruby ring matters a lot. It includes the metal and the work to put it together. It's key that the setting costs don't go over the ruby's worth.

If the ruby is man-made, the cost to set it might be more than the stone. The Natural Ruby Company chooses only natural rubies that have not been treated. Setting a ruby in a ring is mostly about the work, not the metal, even if it's 18k gold.

Market Conditions

Market trends play a big role in how much a ruby is worth. Rubies in high demand sell for more. Plus, the selling price can change with the market and what collectors want.

Traditionally, rubies from famous mines like those in Burma keep their value well. They tend to be worth more over time than others.

Conclusion

Figuring out a ruby ring's value means looking closely at its color, clarity, weight, quality of cut, where it comes from, and if it’s been treated. Rubies that are deep red, have few flaws, are heavy, and come directly from nature are worth the most. The ring’s setting also affects its price. Knowing about these features helps you gauge the worth of a ruby ring. This knowledge is key when selling or buying these sought-after gems.

If you're selling a ruby ring, consider myGemma, an online buyer that can offer a fast service, selling designer ruby jewelry in a day. But be cautious about selling rubies online as auction houses might take big cuts, and you might not sell at all. Talk to a trusted gemologist or jeweler to ensure you get the fair market value for your ring.

In the end, assessing the worth of a ruby involves understanding what makes it valuable. This means looking at its color, clarity, weight, cut, origin, and any treatments. With this info, you can wisely handle the ruby market. Whether buying to grow your collection or selling a beloved piece, having this awareness will lead to a good outcome.

FAQ

What is the total cost of a ruby ring?

A ruby ring's price includes the ruby and its setting. A ring with a natural ruby under a carat starts at $1,000.

What factors impact the value of a ruby?

Ruby price mainly depends on its color. Rubies with a deep "pigeon's blood" red are most valuable. Clarity, cut, and size also affect the ruby's worth. Larger rubies are less common and more valuable.

How does the country of origin affect a ruby's value?

Rubies from Burma have the highest value due to their deep red. African rubies are next in value, while those from Sri Lanka and Thailand are less sought after.

What is the difference in value between treated and untreated rubies?

Natural, untreated rubies are the most valuable. Heat-treated rubies are cheaper. Unheated larger rubies, especially from Burma, are more than 3 times the price of treated ones.

How does clarity impact a ruby's value?

Color outweighs clarity in ruby value. Rubies that look clean to the eye are rare and highly valued. Most rubies have some inclusions. Slightly included rubies offer better value.

How does carat weight affect a ruby's value?

While not the main factor, weight does affect value. Larger rubies are rarer and thus pricier. A 3-4-carat ruby can cost $30,000 or more per carat because of its rarity.

What other factors affect the value of a ruby ring?

The ring's overall value includes the setting's cost. Market demand and resale value also influence a ruby's worth.

Source Links

  1. https://thenaturalrubycompany.com/education/calculating-the-cost-of-a-ruby-ring/
  2. https://mygemma.com/blogs/news/how-much-ruby-worth
  3. https://gemdaia.com/blogs/gemstone/ruby-pricing-guide
  4. https://www.gia.edu/ruby-quality-factor
  5. https://thenaturalrubycompany.com/education/ruby-characteristics/pricing-a-ruby/

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