CIBJO releases Gemmological Special Report: considers process of separating measurable facts from opinion; See Gemological Articles below.
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 Post subject: Brownish red ruby
PostPosted: Fri Sep 28, 2018 12:10 pm 
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Hi,
A friend of mine owning a mine just discovered an 80 carat brownish red vivid transparent rubis, together with another one, similar perfect parameters of 35 carat.
What do you think these 2 rubis would value on the market today?
Thanks


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 Post subject: Re: Brownish red ruby
PostPosted: Fri Sep 28, 2018 12:44 pm 
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Hi Callie. Speculation would be unwise without being able to inspect the stone.
The term vivid should not be used with a brown modifier.

Analogy: I have a BMW 5 Series parked in the driveway. What would be a fair market value for this awesome car?


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 Post subject: Re: Brownish red ruby
PostPosted: Fri Sep 28, 2018 1:16 pm 
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Thanks Barbra. I don’t mean to get a contractual price, this is merely curiosity. I don’t sell these stones since they are not mine, but what I saw on his video is a brownish red ruby. He claims they are very transparent , minor inclusion at a first sight.
Taking on your analogy, If you say something like  »  3 years old bmw 5 series average sale price is 15k$ » would be perfectly fine :)


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 Post subject: Re: Brownish red ruby
PostPosted: Fri Sep 28, 2018 1:21 pm 
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Somewhwre bwtween a lot and a heck of a lot.
Cars are likely a lot easier to value then gems, so even that kind of ballpark wouldn't be very responsible, especially with rough gems.

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 Post subject: Re: Brownish red ruby
PostPosted: Fri Sep 28, 2018 1:45 pm 
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Quote:
Somewhwre bwtween a lot and a heck of a lot.

I'm sure Stephen is referring to the car not the brownish red corundum we have not seen. :wink:


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 Post subject: Re: Brownish red ruby
PostPosted: Fri Sep 28, 2018 5:44 pm 
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Note how I cleverly leave my terms undefined, thus insuring I can never be wrong 8)
Of course, if it's big and clean corundum of any color it will be worth something. More than smoky quartz anyway.

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