Monday, 7 May 2018

Red alert: the rise of the Ruby

Dior Joaillerie, Soie Dior ‘Froufrou Rubis’ ring
Ruby have always been one of the 'big four' in fine jewels, alongside emeralds and sapphires. Always scarce and ALWAYS precious, fine ruby remains in fashion, and none higher than the pomegranate coloured 'pigeon's blood' variety.
Bvlgari, Cuore di Roma necklace.
In the hierarchy of precious gems, the ruby sits as the cherry at the top: the Indians call rubies ratnaraj, the “king of precious stones”. Burmese stones, from the fabled Mogok area, are today so rare they are virtually unobtainable, a growing scarcity that has driven their value to record levels.
Cartier, Resonances Bracelet

Graff, Ruby and Diamond Earrings
Mozambique rubies have emerged on the world stage over the past few years. Even so, larger sizes remain highly elusive. So rare are rubies that heat-treated stones, once taboo, are now included in Sotheby’s and Christie’s auctions.
Chaumet est une fĂȘte, ‘Aria Passionata’ ring
Rubies continue to be a very good investment. An Art Deco ring, containing an unheated five-carat ruby, sold for £30,000 in 2007. A virtually identical ring fetched £362,500 recently.