How precious is a Ruby?

Is a ruby a precious stone?

Currently, only ruby, sapphire, and emerald are considered precious stones. The remaining gemstones are categorized as “semi-precious”. Precious stones are those of “high value”, which means they are priced higher per carat than a diamond.

Is ruby more precious than diamond?

Are Rubies More Expensive Than Diamonds? Although some rubies are incredibly valuable and can command very high prices, most rubies are considerably less expensive than diamonds of the same size. This lower pricing makes a ruby an appealing alternative to a diamond for an engagement ring or other jewelry.

Is a 1 carat ruby worth?

Ruby – Single Stone Price List

Size V. Fine Mid. Range
1 carat size call $450-650
2 carat size call $600-800
3 carat size call $600-800
4 carat size call $600-1500

Is ruby rarer than emerald?

Emerald: Like sapphires and rubies, emeralds are among the rarest of all gemstones. They are rarer than sapphires but not quite as rare as rubies. Note: Comparing to diamonds, fine quality sapphires, rubies and emeralds are far, FAR more rare.

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