If you were born in the month of July, then the ruby is your birthstone, but July-born women are not the only fans of this beautiful gem. Ruby jewelry has always been in high demand because their deep red color reminds us of love and passion. Rubies are the red variety of the corundum family of minerals. Corundums that come in colors like blue, yellow, and pink are called sapphires. Natural ruby shades vary from light red to dark red, and often have purplish undertones. If you are thinking of buying ruby jewelry or loose ruby stones, you might want to read on to find out how to choose a ruby that is worth spending your money on.
- Just like any other industry, the price of rubies depends on the supply and demand. Natural large rubies are more prized and valued than smaller, poorer-quality rubies, and often have prices in the thousands of dollars. The countries where top-quality rubies are mined are also often deep in political turmoil, reducing the supply and making these rubies even rarer. Before buying a ruby, you need to consider how much money you are willing to spend. If you cannot afford to spare thousands of dollars on an exceptional ruby, you will have to settle for small poor or fair rubies.
- Familiarize yourself on how rubies are cut, set, and priced. The easiest way to go about it is to search for jewelers or gem dealers online and compare the prices of specific kinds of rubies. However, it is better to buy the gem itself from a brick and mortar store, as this will allow you to examine the ruby closely and identify any flaws.
- Only go to a store that is authorized to sell real rubies or is known for their rubies. You may have to look at several stores or jewelers before deciding which one you'd like to buy from.
- Like diamonds, color is one important determining factor for the price and rarity of the ruby. Rubies in darker red shades are more expensive than light rubies. This is because they have been heat-treated to make their color more intense and to remove tiny-needle like inclusions called silk. However, do not buy rubies that are completely inclusion free. This means that the ruby was either excessively treated or it was man-made.
- The cut of the ruby is another determining factor of its price and value. Most rubies are cut where they are mined in Southeast Asia, and the quality of the cut may not be as good. Examine the ruby closely and make sure it has an acceptable level of polish, symmetry, and cut quality. Eliminate rubies with irregular facets, poor polish, and unusual looking cuts.
- Examine at least ten different rubies and choose the few which satisfy you. Your final group of rubies should have slight variations in size, color, cut, and clarity. From the final group, choose which ruby appeals to you the most.