Within the corumdum species of minerals, there are sapphires and other related gems, rubies being the most valuable.
“The king of gems” is ratnaraj, what the ruby is named in Sanskrit.
A new ruby record was set on May 12, 2015, when a 25.59 carat ruby ring sold for $32,400,000 at auction.
Myanmar´s legendary valley of rubies; the source of many of the world´s most fabulous gems.
A vibrant red that is pure is the most valuable of rubies, but they range from pure red to a purplish red.
Like diamonds, those rubies with the least inclusions and best brilliance bring the highest value.
Mixed cuts are quite fashionable with rubies which give brilliant-cut crowns and step-cut pavilions.
In the rare circumstance where a ruby is over one-carat in weight, the price is significantly higher.