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One of the inestimable gems of 2015 was the Sunrise Ruby that was auctioned for $30.3 million. The red stones appear rich and can be found in most luxury jewelry collections auctioned by the world’s leading sellers like Tiffany, Bulgari, and Cartier. Ruby can become rarer in contrast to diamonds due to limited mine resources. The fancy color gemstones auctioned by Christie, the Magnificent Jewels, in New York, in December, included fine emeralds, sapphires and rubies, where the top sale was blue color 8.08-carat diamond, and a pair of ruby and diamonds earring set, by Harry Winston, was sold for $354,500.
The Burmese rubies from the region Mogok are assumed to be the finest as sapphires from Indian- Kashmir, and emeralds from Colombia. While Burmese rubies can get up to $49,000/carat, there are exceptions, where a pair of Mozambique ruby earring was traded for $222,481 /carat at a Hong Kong auction. A ruby from Myanmar can come in light and dark shades, and the ones that are heavily encompassing can get a low price as compared to red Mozambique stone.
The mines of Mogok in the Mandalay are acknowledged for producing over 90 percent of the pigeon blood rubies - distinguished for the strong tone and intensity. The combination of bluish red and bright red light emitted by the stones show the presence of iron. Internally these are supposed to be the cleanest stones.
Lab-Grown Vs. Natural
Since the gemstone industry has faced a number of issues and conflicts, the upcoming precious stone merchants are working towards delivering products through a transparent traceable process. Some buyers do not want lab-grown diamonds, even though; the synthetic options are 30 percent cheaper as compared to the genuine mined stones because the market does not identify the lab-grown as real, and people may be asked to invest up to $10,000 for such gemstones. Its demand in the secondary market demand is significantly low; on the other hand, natural diamonds can be sold for higher value in the secondary markets. The natural ones are made up on inclusions and small imperfections, which can be seen when the stones are viewed under a lens where the imperfections can be tiny spots or needles, fluids or crystals. Most experts’ claim naturals, even smaller than a carat, are more valuable than lab-grown stones that have zero resale value. Recently, Tiffany responded to one of the campaigns asking for mining location,
polishing, cut and other such details where the buyers were young and wanted to get a transparent deal.
Many new buyers are reluctant, while, shopping for fine jewelry, and are not looking for 4Cs; they seek origin, class, previous records, and fame. They want to know the locations from where they have been mined as they are searching for ethical options and want to invest in precious stones, which have been produced through safe environmental friendly methods or mined from places where labors are treated properly.
To find out more about red rubies investment, check 99 Alternatives at (http://www.99alternatives.com).
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