Ruby Fireworks for JulyJuly 3, 2011
Throughout most of recorded history, ruby has been the world’s most valued gemstone. Even diamond was considered common in comparison to the supreme beauty and value of this glowing red gem. Named from the Latin word for its hue, ruber, ruby is the epitome of the boldest of colors: the gem of desire, passion, courage, and emotion.
In the ancient language of Sanskrit, ruby is called ratnaraj, or “king of precious stones.” In the Bible, only wisdom and virtuous women are “more precious than rubies.”
Early in the eleventh century, Persian sage al-Biruni was only conveying the popular wisdom of the time when he wrote that ruby has “the first place in color, beauty and rank” among all gems.
Nine centuries later, British author Max Bauer, in his 1894 Masterpiece Precious Stones, writes: “A clear, transparent, and faultless ruby of a uniform red color is at the present time the most valuable precious stone known.”
Granted, the value of fine ruby relative to other highly prized gems wasn’t as extreme in Bauer’s day as it had once been. Around 1550, Italian goldsmith Benvenuto Cellini reported that the finest one-carat ruby cost eight times more than a comparable-quality one-carat diamond. By Bauer’s time, the same ruby was only two times as expensive as its diamond equivalent.
Nevertheless, a 2:1 value ratio between fine rubies and diamonds is impressive. Certainly, ruby’s status as the most valuable gem of the age helps to explain why England took the rather drastic step of invading and annexing Upper Burma in 1885 when it learned a French company would begin mining of this gem at the famed Mogok ruby tract—the most celebrated source for ruby ever known and still the most important today.
Although certain color tones are associated with different country’s mines: Burma, now known as Myanmar, with pure reds, Vietnam with vivid pinkish rubies with exceptional clarity, Sri Lanka with more pastel softer pinkish reds, Thailand with dark red to burgundy, Kenya with translucent stones with juicy pure reds, Madagascar with pure transparent reds, color alone cannot tell you where a stone was born: a laboratory report may be required. When confirmed, stones from Burma’s famed Mogok mine command a premium, particularly if the color is natural.
Ruby is most common in oval and cushion shapes. Other shapes may be difficult to find in sizes above a carat. Rubies above five carats are extremely rare and valuable.
Ruby, like sapphire, is the mineral corundum, one of the most durable minerals, a crystalline form of aluminum oxide. Corundum has a hardness of 9 on the Mohs scale and is also extremely tough. In its common form, it is even used as an abrasive. As a result, rubies are the most durable of gems. Ruby is the traditional birthstone for July and the symbol of the 40th wedding anniversary.