Reasonable price of a unheated ruby of 2.0 carat or slight above

[binay1702]

My estimate is $1200-1500$ for 2.0 carat or above unheated ruby with SI. Unheated ruby with Mozambique origin or Burmese ruby has not been found online at this price.My first question is if unheated ruby of Mozambique origin or Burmese ruby with my this budget could be found available. I don't mind slight inclusion in that. My second question is could I opt for other origin like Ceylonese or thailand or any other origin with sight inclusions?

 

[qubitasaurus]

This is the closest I know to meeting that description

https://www.etsy.com/sg-en/listing/...-heat-only-no-flux-red?ref=shop_home_active_1

Also I would look at mastercutgems.

Given many rubies are heavily treated it would be a good idea to get a certificate from an independent lab. I think it would be worth dropping the size a little to work with a reputable vendor who can make this happen.

 

[qubitasaurus]

If you don't mind inclusions

https://www.litnon.com/index.php?page=viewgem&id=10961

 

[Arcadian]

The only difference between ruby and sapphire is the color. Be sure you get what you pay for.

First, SI designation should be removed. Sometimes those inclusions that might be eye visible can make your stone glow. Go with whatever your tolerance is for eye cleanliness.

Your budget will allow you from what I've seen in most cases a heat only ruby with a report. For non heat ruby of similar size, you'd probably need to up your budget.

I would recommend always buying a ruby that has a highly respected independent lab's report. This way you're sure you getting a ruby and not a sapphire, and, you know exactly what treatments are on the stone.

If you find what appears to be a ruby without a lab report, see if you can purchase on condition that an independent lab would report it as being a ruby and unheated. That means that you should discuss this with your seller and see if they would send it on your behalf or not. Sometimes its worth asking.

 

[Burmesedaze]

I'm in Myanmar and us2k can't find me a decent natural untreated ruby unfortunately. Not at today's prices.

 

[NKOTB]

The last time I was looking at wholesale HEATED rubies in that size, they were at least 4K/ct

 

[binay1702]

I'm in Myanmar and us2k can't find me a decent natural untreated ruby unfortunately. Not at today's prices.

With no disrespect to you or what you stated here that I want to say that Origin of the Ruby is not my concern.

 

[binay1702]

The only difference between ruby and sapphire is the color. Be sure you get what you pay for.

First, SI designation should be removed. Sometimes those inclusions that might be eye visible can make your stone glow. Go with whatever your tolerance is for eye cleanliness.

Your budget will allow you from what I've seen in most cases a heat only ruby with a report. For non heat ruby of similar size, you'd probably need to up your budget.

I would recommend always buying a ruby that has a highly respected independent lab's report. This way you're sure you getting a ruby and not a sapphire, and, you know exactly what treatments are on the stone.

If you find what appears to be a ruby without a lab report, see if you can purchase on condition that an independent lab would report it as being a ruby and unheated. That means that you should discuss this with your seller and see if they would send it on your behalf or not. Sometimes its worth asking.

I really liked your suggestions.But i want to konw where i could find online or offline this kind of Ruby with my budget with maximum US $200 up or down.

 

[T L]

It all depends on color, and if Burmese identified by a major lab, than it will cost an affitional premium. For example. a top quality Burmese ruby of 2 carats could easily run 20k/ct last I checked. Inclusions don't seem to matter much if the color is top notch and it's unheated. I would look at African stones to save $$, but even they can be very pricey.

 

[T L]

Rubies also go up exponentially in price by size. If you go above 2 carats, expect to pay way more per carat for the same quality of material that a 2 carat stone. Corundum is also really dense, so a 2 carat stone isn't super huge either.

 

[Arcadian]

I really liked your suggestions.But i want to konw where i could find online or offline this kind of Ruby with my budget with maximum US $200 up or down.

Like said by many, I just don't think you're going to readily find such a thing. Unheated rubies have a premium attached.

You will have to decide whats going to be most important because at your budget you'll have to compromise. 200 dollars up or down really won't cut it. We all want you to get a beautiful gem, but we also want you to be realistic too.

Here's some that are well cut:
This is a heated ruby with a report
https://gemfix.com/gems/ruby-575-cushion-mixed-cut-2-01cts

Its outside your budget but within your size range. its heated but still a great stone IMO.

https://gemfix.com/gems/ruby-583-cushion-modified-mixed-cut-1-15cts
within your budget but again, has a report but again, heated.

Unheated, GRS report but check the price and size
http://www.africagems.com/oval-ruby-gemstone-05726818.html


So, that said, you can try multicolour.com. I looked and their rubies look more like pink sapphires to me though they don't have a lab report, they consider these to be natural or untreated. These are not what I consider well cut but I believe you should see what you will find with your price range.

http://www.multicolour.com/gallery/index.html?-1512312723

And Africa Gems has lots or rubies. Some are well cut some not so much, the colors are good to spectacular. IMO you should look to see what is available.
http://www.africagems.com/ruby10to129carats.html (they also have 15% off until April 17) They have some gems close to your budget but they are heated. If you can live with that, you'll get a great stone.

If you're insistent on ticking all the boxes, then you'll need to be extremely patient and diligent to find your needle in a haystack. I'm not going to say it doesn't happen, sometimes it does! Realistically though, it can be very rare.

Also as TL noted, ct really means nothing (unless you're doing it for some cultural significance) you will need to look at the actual measurements of the stone to see if it will work for you.

 

[normanintheskywithsapphires]

Unheated over two carats but under 10k is difficult in clean (meaning at least transparent) rubies.

I've been sneaking around rubies instead of sapphires, as planed, and I don't think there is quality over two carats on a budget.

 

[binay1702]

I just bought 2.15 ct unheated ruby with some minor inclusions. The seller claimed Unheated and got it certified and found the stone really untreated / unheated ruby.What is wonderful about it is that within 2K.

 

[normanintheskywithsapphires]

I don't want to ruin your buyers joy, but if you have a better photo, in hand, close up or both, we could understand the price/quality ratio better. Like this is does not look like anything to me,
If there is a certification, that also would help to understand the low price. Got a scan for us?

 

[binay1702]

I don't want to ruin your buyers joy, but if you have a better photo, in hand, close up or both, we could understand the price/quality ratio better. Like this is does not look like anything to me,
If there is a certification, that also would help to understand the low price. Got a scan for us?

Hope you may have better assessment of the stone.I also eager to know the actual value of the stone .

 

[kenny]

I just bought 2.15 ct unheated ruby with some minor inclusions. The seller claimed Unheated and got it certified and found the stone really untreated / unheated ruby.What is wonderful about it is that within 2K.

You say the seller got it certified as unheated.
Buyer beware.
The credibility of that claim requires support.

What lab graded it and claimed it was unheated?
Hopefully it was AGL and you were given the original grading report with the stone.

BTW, no reputable gem lab 'certifies' stones.
They grade them, subject to the disclaimers in the fine print on the back.
IMO only questionable sellers use the term certify and only poorly informed buyers fall for it.

BTW, you asked what is the value of the stone you just bought.
Answer: the price you paid or less.
Sellers know what they have, but hope buyers don't and do not insist on grading reports from reputable labs like AGL.
But you may like that so called 'appraisals' claim values higher than what you likely paid.
Personally, I don't like that.

Congratulations on your stone and I truly hope you got a steal, but I wouldn't bet money on it.

 

[binay1702]

No d

You say the seller got it certified as unheated.
Buyer beware.
The credibility of that claim requires support.

What lab graded it and claimed it was unheated?
Hopefully it was AGL and you were given the original grading report with the stone.

BTW, no reputable gem lab 'certifies' stones.
They grade them, subject to the disclaimers in the fine print on the back.
IMO only questionable sellers use the term certify and only poorly informed buyers fall for it.

BTW, you asked what is the value of the stone you just bought.
Answer: the price you paid or less.
Sellers know what they have, but hope buyers don't and do not insist on grading reports from reputable labs like AGL.
But you may like that so called 'appraisals' claim values higher than what you likely paid.
Personally, I don't like that.

Congratulations on your stone and I truly hope you got a steal, but I wouldn't bet money on it.

No disrespect to you or your opinion but i honestly want to know what is in it which you didn't like. Though Grading by GIA is available in India which will cost me another $300 or more for grading the the stone.Though I got it graded / certified from one of most reputable Gem Lab of the country.
Yes,you are right the value of the stone is what i paid for it.But my concern is that have i been ripped up ? As the color is Blood Pigeon and Clarity is slight Inclusion, Can you tell if you were me what price would you like to pay for that?

 

[kenny]

Can you tell if you were me what price would you like to pay for that?

No.
Sorry, but I can't grade a gem from pics.
I am a gem photographer ... that's why.
I know how to make a top gem look like crap, and a crap gem look pretty darned good.

Without reputable grading the value is entirely unkown to me. Entirely! ... even if I saw it in person.
I'd never buy a white diamond without a report from GIA or AGS, a Fancy Colored Diamond without a GIA report, or a non-diamond colored stone without a lab report from AGL.

I'm not a gambler, or a bargain hunter.
I worked too hard for my money.
When I want something high end I pay the price and usually end up with top color, but tiny tiny carat weight.
That's not what everyone wants; it's just my preference.
I especially don't trust "grading" or "certifying" from a seller or any so-called 'appraisal' paid for by a seller.
The independence of a top gem lab report is essential for me to wire those funds.

Clearly many people have a different approach than I do.
Nobody's wrong.
People just vary.

Enjoy your ruby.

 

[Seaglow]

Unless you know how to look at inclusion types, have some gemological equipment, a lab report from a reputable company lessens your risk of being duped. And even with some lab equipment, in my experience, there are tests that need expensive equipment that only a reputable lab has. I have encountered stones in Asia that have been misrepresented, even though the seller is honest, just because they do not really know what they are selling or have been sold misrepresented stones without their knowledge.

A ruby can look the same but priced differently.
USD3 = Synthetic Ruby
USD30 = Glass-filled Ruby
USD300 = Diffusion Treatment
USD3000 = Heated/Unheated
Not to mention a red stone can be a rubellite, or a spinel, or a garnet.

So unless you know what you are buying, a lab report from a reputable company is advisable. There is also the option on a lab brief, which is cheaper than the full report. There are also other reputable labs like Lotus, Gubelin, and AIGS.

if you do not want to spend on a lab report, then enjoy your stone but nobody here can really tell the value of it.

 

[minousbijoux]

I agree with all the information other posters have provided but I will add that if your photos are accurate (and I hope they are not and that the stone is much better looking in person), it appears not to be a high quality stone. It seems to have mediocre color with eye visible inclusions -- the kind of inexpensive stone that is frequently found on ebay.

 

[normanintheskywithsapphires]

No lab report scan or photo?

 

[binay1702]

Many Thanks to you all folks for giving your valuable opinions.Definitely learned so many things.
I will get my stone certified by GIA and hope that will resolve my all doubts.

 

[PrecisionGem]

The bottom line is this, an unheated, no treatment ruby 2+ carats of good quality is going to be $5000 to $40,000 per carat, depending on the quality of the stone. That's a big range, and often the difference are difficult for a novice to see. The other thing is, dealers know what they have, and you are not going to find someone dealing with $25,000 ruby and selling it for $2000 unless they are completely desperate for money, and need it today. People in this business know what they have, and what it's worth.

Kenny's post is spot on.

 

[Arcadian]

Hope you may have better assessment of the stone.I also eager to know the actual value of the stone .

OP you've gotten some very good information here. I think that if all you want is a ruby in a particular color size without any thought of color, cut, polish, then you got exactly what you paid for.

I will also concur with Kenny that you don't receive a "certificate" for a stone, but a grading report. The word certificate for whatever reason continually gets used incorrectly in the gem world when in reality that's not what you get. A lab doesn't certify the stone. They analyze, tell you what it is, and if it does or not have treatments. Labs may have a different set of criteria (and usually do) from another, even though there may be some general consensus on some things.

Also, there is a tier system when it comes to labs...some being much better, some, not so much. someone up thread gave some great labs to consider. A higher tier lab with strict grading reqs is different than one that has much looser grading reqs. Then there's the equipment that they use too...always make the difference sometimes. Its up to you to choose the lab. When it comes to rubies and sapphires in particular, choose a lab that has the right type of equipment.

If you love the color, then you're going be happy. Not everyone likes or can actually afford ideal colors. Personally I have some stones in colors that I like but may not be anyone elses favorite.

From reading the thread and looking at the image(s) the price you paid (if under 2k for slightly over 2cts) reflects the quality of the stone. People in the trade know what they have, as Gene has mentioned, so 2 things; anything in the ideal color ranges will not be inexpensive unless it happens to be minuscule especially if its really clean. And second, cheap rubies are usually cheap for a reason. I won't ever say you can't luck out sometimes, but if you do its usually because a "lightening strike" so to speak. Those types of lightening strikes can be exceedingly rare.

Like many, I also will not make valuations on stones via pictures.

Your best bet is to give a go to an independent appraiser who knows rubies.

 

[binay1702]

OP you've gotten some very good information here. I think that if all you want is a ruby in a particular color size without any thought of color, cut, polish, then you got exactly what you paid for.

I will also concur with Kenny that you don't receive a "certificate" for a stone, but a grading report. The word certificate for whatever reason continually gets used incorrectly in the gem world when in reality that's not what you get. A lab doesn't certify the stone. They analyze, tell you what it is, and if it does or not have treatments. Labs may have a different set of criteria (and usually do) from another, even though there may be some general consensus on some things.

Also, there is a tier system when it comes to labs...some being much better, some, not so much. someone up thread gave some great labs to consider. A higher tier lab with strict grading reqs is different than one that has much looser grading reqs. Then there's the equipment that they use too...always make the difference sometimes. Its up to you to choose the lab. When it comes to rubies and sapphires in particular, choose a lab that has the right type of equipment.

If you love the color, then you're going be happy. Not everyone likes or can actually afford ideal colors. Personally I have some stones in colors that I like but may not be anyone elses favorite.

From reading the thread and looking at the image(s) the price you paid (if under 2k for slightly over 2cts) reflects the quality of the stone. People in the trade know what they have, as Gene has mentioned, so 2 things; anything in the ideal color ranges will not be inexpensive unless it happens to be minuscule especially if its really clean. And second, cheap rubies are usually cheap for a reason. I won't ever say you can't luck out sometimes, but if you do its usually because a "lightening strike" so to speak. Those types of lightening strikes can be exceedingly rare.

Like many, I also will not make valuations on stones via pictures.

Your best bet is to give a go to an independent appraiser who knows rubies.

Many Thanks for your valuable opinion.I appreciate from bottom of my heart for the comment "Also there is a tier system when it comes to labs.............type of equipment".This kind of thing is always subjective and varies with the buyer'choice and preference.I am not sure that you have heard or about GIC, Colombo or not but I have lab report of that Laboratory. I hope that grading given by them will be same as would have given by GIA.

 

[Rubytime]

Is this even gem quality? Thank you for your responses

 

[theredspinel]

Eye visible inclusions...?

The stone is beyond opaque!!! That's a bit more then just "Eye visible inclusions".

Do you like it?

You didn't get a dream deal so forget about that.

 

[Rubytime]

Eye visible inclusions...?

The stone is beyond opaque!!! That's a bit more then just "Eye visible inclusions".

Do you like it?

You didn't get a dream deal so forget about that.

Well you don't know what I paid for it... This is a different stone from a different person. That's the first thing I've posted on here. I paid 650 for it and its 4 carats natural not heated. So don't think it was a terrible deal myself. Was just wondering if it's gem quality or a throw away. Thank you

 

[theredspinel]

650 for something worth 2... is a terrible deal.

Not saying your ruby is worth that but just putting your 'not a terrible deal' sentence into perspective.

Apologies I thoight you were the OP when I first responded.

Bottom line, rest assured your dealer made a profit on the stone he sold you.

I'd also double check the unheated claims because without a credible lab saying so... frankly put no one's going to believe you.

You'll never buy £100,000 for £50. So you'll hardly buy a stone worth XXX amount for only X. You paid 650, so the most it's worth is 650. Which is incredibly doubtful because why wouldn't the seller sell with a profit?

 

[Rubytime]

650 for something worth 2... is a terrible deal.

Not saying your ruby is worth that but just putting your 'not a terrible deal' sentence into perspective.

Apologies I thoight you were the OP when I first responded.

Bottom line, rest assured your dealer made a profit on the stone he sold you.

I'd also double check the unheated claims because without a credible lab saying so... frankly put no one's going to believe you.

You'll never buy £100,000 for £50. So you'll hardly buy a stone worth XXX amount for only X. You paid 650, so the most it's worth is 650. Which is incredibly doubtful because why wouldn't the seller sell with a profit?

That's simply not true... I've been buying stones here in Afghanistan and haven't found one yet that wasn't worth two or three times what I paid for it. I've been sending them home for months now. This is a 4 carat stone that's natural unheated. Now, like most other nay saying American jewelers you'll call it out as being fake before seeing it, that's fine, but I buy everything from the same person here and he hasn't lied to me once as I have GIA reports on everything I've sent home. There aren't any Westerners allowed here and the ones that are here are the closest they'll get to Western prices.