Wondering about the unheated market for ruby these days. Im trying to learn more about pricing and wanted to get any experts opinions if any can advize. I was in Chantaburi and came across this. Any idea how much an unheated ruby, 1 carat size ruby should go for these days?, here is the pic.
Joined: Thu Nov 17, 2016 11:11 am Posts: 43 Location: Northwest USA
arms wrote:
...Any idea how much an unheated ruby, 1 carat size ruby should go for these days?, here is the pic.
Its unheated 1.02 carats from Sri Lanka
Please take my opinion with a grain of salt as I'm pretty new to gems.
I've seen similar hue/saturation unheated Sri Lanka ruby, untreated, no coatings, no visible inclusions to naked eye selling in the $1500-$2500/ct range. Deduct for visible inclusions and remember that wholesale is 50% of that price.
Hopefully, other members with more expertise and experience will offer their opinion.
Joined: Sun Oct 16, 2005 12:22 pm Posts: 21602 Location: San Francisco
My favorite unheated ruby and sapphire dealer is Peter Grummit (Grummet?) of Aspara Gems. He has a retail shop at Hatton Gardens. Check the prices. http://www.topgem.co.uk/index.php
Joined: Thu May 03, 2007 1:19 am Posts: 370 Location: Pakistan
in past one year I have sold some rubies of the quality shown in pic through an auction house , every time I got prices below , well below , USD1000/ct; they were all unheated Tajiks , sizes 1 -1.3 cts ; not happy about it .
I didn't see any prices on the website but thanks for the info.
Also, it looks light a sapphire in some light but in other lights it looks more like a ruby, it really depends on the light source.
Hard to say whether its a ruby or sapphire
My advise - buy a nice little synthetic ruby and compare them.
Ruby is only the red variety of corundum - the other ones are sapphires.
Prices are difficult - only in a few gems I can say this is the price per carat. Collecting/ buying gems is not collecting coins or stamps with a fixed price.
From a picture like yours it is difficult to say how much.
Joined: Wed Jan 23, 2013 5:29 pm Posts: 1047 Location: Paris
The right price will be the price somebody will be willing to pay for that stone, taking into account that it is neither very big nor very red. And the Sri Lankan origin is not the one that makes people dream for rubies. I am not sure that the fact that it is treated/untreated will make a big difference pricewise in that case.
A pretty stone anyway, that just needs to find its loving home !
I assume that unless the stone is a very good size and a good color, even untreated stones are not something that has a very liquid wholesale value unless you shop it around quite a bit and put the time and effort in marketing to find an interested buyer, whereas diamond is much easier to state the value. Thanks everyone!
I didnt buy this one, It sold for 14,000 baht I heard later on.
The asking price was 15,000 baht.
which is about 500 usd for the stone.
I thought it would have been a good buy. I contacted that person again and he said it sold. He has more stones to offer for around this price but If I buy it for investment and just to keep I don't mind as long as the stone has some value (such as diamond) as I am not a serious gem dealer and just like to add it to my own collection
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