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How much money is a ruby?

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The average commercial grade ruby will cost $300 per carat. This, however, can go up dramatically depending on the stones color, clarity and overall cut. Also, important considerations are if it was been heat treated or enhanced. read more

For more information on ruby enhancements, see Corundum Treatments. CORUNDUM: Ruby, Thailand (2.22, 3.68, 3.35). Photo © Joel E. Arem, PhD, FGA. Used with permission. Sources. Although Asia has historically been the major producer of ruby gems, there are many other sources including the United States, Australia, and most recently Africa. read more

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