The value of rubies originating from Myanmar (formerly Burma), renowned for their exceptional color and clarity, is determined by a complex interplay of factors. These factors include size, color (particularly the presence of a vibrant, “pigeon’s blood” red), clarity, cut, and the presence or absence of treatments. A small, commercially-graded ruby might sell for a few hundred dollars, while a high-quality, untreated gem of significant size can command prices in the millions.
Historically, Burmese rubies have been treasured by royalty and collectors alike, contributing to their high value. The Mogok Valley, the primary source of these gems, has yielded some of the world’s most famous rubies. Their desirability stems from the unique geological conditions that imbue them with exceptional color saturation and fluorescence. Understanding the factors influencing ruby valuation is crucial for both buyers and sellers in the gem trade.
