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Topic: 7 days ***Extremely rare and valuable*** fine ruby (Read 11932 times)

legendary
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The Mozambican ruby is sold.
legendary
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The Mozambican ruby is now $550.  This includes registered air mail with online tracking.  A report from any highly respected gemological laboratory can be included for a very modest fee- as low as $50.  Please inquire for details.
legendary
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The Burmese ruby is now sold.  The Mozambican ruby is now $580.
legendary
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I will sell my pigeon's blood Burmese ruby for $10,225; the Mozambican ruby is $599.
legendary
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Pigeon's blood ruby sets world record for price per carat for colored gemstone:

http://www.jckonline.com/2012/05/29/ruby-sets-world-record-christies-martian-pink-nearly-doubles-estimates

I will sell my pigeon's blood Burmese ruby for $10,250; the Mozambican ruby is $625.
legendary
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The 1.24 carat unheated Mozambican ruby is available again.  $650 includes registered air mail and tracking.


The 1.64 carat Burmese ruby is $10,275.  This does not include the cost of shipping or insurance.
legendary
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The 1.64 carat Burmese ruby is available for $10,290.  This does not include shipping or insurance which are available for additional cost. 
legendary
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~~~SOLD~~~

The 1.24 carat unheated Mozambican ruby is now sold.


The 1.64 carat Burmese ruby is available for $10,300.
legendary
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LOL- poor SaltySpitoon has been at sea too long...
legendary
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Welcome to the SaltySpitoon, how Tough are ya?
Ruby Purchased for 12 BTC! Thanks so much, I can't wait for it to get here *Wakes Up*
legendary
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LOL- most shipping methods have relatively low limits on insurance.  And those that have higher limits also have couriers who understand that their career is over is they conveniently lose an extremely high value parcel that they have either scanned or signed (or both) into their posession. 

PM sent on the African ruby...
legendary
Activity: 2590
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Welcome to the SaltySpitoon, how Tough are ya?
Also forgot to mention, the article on flux was very enlightening too, thanks for that. Very tempted to buy the African Ruby (and the Burmese, but that's dreaming a little large for now), maybe if you still have it in a few months, I can afford to pick it up from you.

 I'v never fully understood the insurance on shipping things, can you have it insured for as much as you want? What if you got 100 of the $15 flat rate boxes, and filled them full of cement (should be about 80 lbs) Insure them each for $10,000, and Id say there's a decent chance the delivery person would get tired of lugging them around, kick them out of the truck onto an overpass, and you would get your sweet $10,000+ payday.
legendary
Activity: 2590
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Welcome to the SaltySpitoon, how Tough are ya?
Well, since you don't seem to be getting the necessary publicity for this fine item, I'll start the bidding! Shall we say... 10 BTC!?
legendary
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$10,300 for the 1.64 carat Burmese ruby, and $700 for the 1.24 carat unheated Mozambican ruby.

$10,295 on the 1.64 carat Burmese ruby and $675 for the 1.24 carat unheated Mozambican ruby.  And if you want a laboratory report on the 1.24 carat ruby it is not a problem at all. 

I will provide a basic report from Hallmark for no cost with this stone, and if you want a report from a lab like Tokyo Gem Lab it will be $50.  AIGS, GIA, GIT, and GRS are all available too at different prices.  Of course if you want a lab that is not on this list to examine the stone that is not a problem either.  If you want your local jeweler to examine it, or a local gemologist appraiser- we encourage this as well. 

We prefer that you use a major laboratory that has a long-standing reputation in the industry, and if you are getting it appraised we suggest that you use a member of the NAJA (National Association of Jewelry Appraisers) because they tend to have the experience, resources, and knowledge to provide a fair and independent assessment.



legendary
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$10,300 for the 1.64 carat Burmese ruby, and $700 for the 1.24 carat unheated Mozambican ruby.
legendary
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Another discount on both of these rubies:

$10,300 for the 1.64 carat Burmese ruby, and $775 for the 1.24 carat unheated Mozambican ruby.

On the 1.24 carat unheated Mozambican ruby, I will pay registered air mail shipping.  If you want FedEx and insurance, I will charge extra for that.  I always suggest insuring ruby for full retail value- what it would cost in the West to replace the stone.  $2,000 is a reasonable retail price for the Mozambican ruby. 

Wild Fish Gems is one of the most respected names in natural ruby.  Edward Bristol is a fair and honest man, but with such a large inventory of stones his ovehead is much higher than mine.  I rarely have more than a few high-quality rubies in stock at any given time, and this limits my investment but also allows me to sell for modest prices.

http://www.naturalunheatedruby.com/1-01---1-49?cmx=101&start=0

Unlike Edward, I sell most of my ruby to people in the trade instead of the general public.  I have found that if you leave enough room for your customer to make money on the stones you sell, you build a nice network of dealers who buy regularly.  Wild Fish Gems is an excellent retail source of ruby.
legendary
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$10,350 for the 1.64 carat Burmese ruby, and $800 for the 1.24 carat unheated Mozambican ruby.
legendary
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$10,400 for the 1.64 carat Burmese ruby, and $900 for the 1.24 carat unheated Mozambican ruby.
legendary
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$10,500 for the Burmese 1.64ct pear shaped ruby, and $950 for the oval African ruby weighing 1.24cts.
legendary
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Thank you Tonto!  My wife and I enjoyed finding your stones!
legendary
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Just to illustrate my point a bit, this is another ruby that I own that is African origin and weighs 1.24 carats.







I would be happy to get $975 for this ruby.  Does that mean that it is not beautiful?  Of course not.  It is a gorgeous saturated red.  But it's unheated!  It should cost a fortune!  But not always.  It is supply and demand.  There are many times more unheated African rubies in the current market than unheated Burmese.  Because it is more widely available the price is lower.  But is it rare?  Well, certainly- it is very rare.  Most ruby these days is either synthetic or glass-filled.  Both are (or should be) very inexpensive.  They are abundant and can be made in very large quantities.  African unheated ruby is still cut one stone at a time by an artisan.  It is not a mass-produced item.  Surely 99.999% of all ruby needs to be treated.  If you have one that is not treated at all, you have a rarity.  
hero member
Activity: 609
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Kluge you are right.  I use the FedEx shipping service but I submit the parcel through a high-value courier.  They seal the package and insure it and handle customs for me.  There would be a long paper trail produced by a courier that has an enormous amount of experience transporting jewelry and other high-value parcels like gold bullion.  G4S Securicor is the courier by the way. 

That being said- would I prefer someone pay with bitcoin or bank transfer?  Yes.  In any industry that deals with high-value merchandise bitcoin can be a great tool.  I'm not a hard guy to get along with and if an issue arises with a client they are generally pretty simple to resolve.  Often Paypal and credit cards just create loopholes for scammers instead of the "protection" that they claim to offer.

Thank you Nyaaan, I agree it's very nice.  I haven't seen a better one before or since.  It's not easy to put a price on something that would be so difficult to replace.


I can vouch for tiptopgemdotcom.  I've bought a couple gemstones from him already.  I posted a thread about it in Off-Topic. Smiley
legendary
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Gamer you are right; I could never get tired of learning about gemstones.  It is such a vast topic, and it is full of beauty, intrigue, international trade and different cultures, physics, geology and geography- the list goes on and on.

BigPiggy you are on to something.  There is a big, big difference in how I describe the treatment of this stone and how they describe theirs- but it is not what you think.  Mine is heated and flux-healed, which is true of virtually all ruby from Mong Hsu mining area.  When I say virtually all, I mean 99.999%.  I see that they claim that theirs are only heated.  That is a little bit worrisome.  Now it may be possible- don't get me wrong.  But I think the likelihood that they are only heated is very remote.  I think if you were to buy one of their stones and put it under the microscope, you would see inclusions like this:



Those sticky, drippy inclusions are a sure sign that it is flux-healed.  I wonder if you emailed them and asked- "What treatment does X ruby have?" if they would say it is heated and flux-healed.  The majority of gemstone dealers do not disclose this treatment.  They think that the public "wouldn't understand."  But the fact is, people do understand if you take the time to explain that the treatment has withstood the test of time, is stable, and accounts for the majority of all Burmese ruby.  Curiously enough, right now a major department store chain is being sued for selling ruby without disclosing treatment.  They sold a very, VERY different treatment- lead-glass filling- as natural "heated" ruby.  That is not only a moral lapse, but a very big issue since lead-glass filled ruby can not see a torch or an ultrasonic cleaner.  When these people took their ring in to have a prong re-tipped and it was hit with a jeweler's torch, the glass filling melted and ran out.  When someone took in a ring to have it cleaned, the lead glass nearly disintegrated, leaving deep valleys in the stone.

I would be very skeptical of anyone who is selling Burmese ruby these days and not disclosing the flux-healing.  Price is often a clue, but it is no more than a clue.  If this particular pear-shaped 1.64 carat ruby was unheated, it would bring over $100,000.  This is if all else is equal- color, brilliance, shape- but an unheated Burmese stone.  Now if it was glass-filled, it would bring about $100-$200 at retail.  And with flux-healing, as priced- $10,600.  I hope that puts treatments into perspective a bit.  Also if you are eager to learn more about flux-healing, please take a look at this superb article by Richard Hughes.  Dick was talking about flux-healing when nobody in the trade wanted to talk about it!  But he was a pioneer in getting the word out that this is a solid treatment that should not be feared:

http://www.ruby-sapphire.com/flux_healing_mong_hsu_ruby.htm


By the way, if you are a purist and must have an unheated stone- look seriously at African unheated ruby.  There are some truly beautiful gemstones coming out of Tanzania and Mozambique that are just gorgeous and are far more affordable than Burmese unheated stones.  Or Burmese flux-healed stones for that matter!
sr. member
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Thank you for the info, gems are a rather a fascinating thing.
hero member
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I may be getting in a little over my head here but I believe that GRS don't customarily certify heated stones as natural as they've done with Dave's ruby. Hence another reason for the difference in price as the stones offered on that site have received heat treatment.
Using heat treatments on different types of gems bring out different, often more desirable colors, look at Topaz for example where blue treated stones now have knocked the bottom out of the natural blue topaz market.
Often heat treatments produce "nicer" colors but treated and untreated gems are two completely different kettles of fish. So the gems on offer from that site are nowhere near as rare or exquisite as gems that have come out of the ground in this color naturally. Certified, untreated sapphires for example command massive sometimes 2-300% premiums over heated gems of identical color, cut etc.
legendary
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Gamer you have to remember that color is King.  That means that nothing is more important than color in determining value of a colored gemstone.  Who is telling you that Israel Diamond's ruby is pigeon's blood red?  They are.  The seller.  If I was a buyer, that would frighten me.

In the case of the stone that I am offering for sale, Dr. Adolf Peretti is telling you it is pigeon's blood red.  Please google him.  I can assure you that when a stone sells at Christie's or Sotheby's, his name (and signature) are very highly valued.  With colored gemstones the number of stones that you have evaluated is very important.  Most gemstone laboratories can go a decade and never see a pigeon's blood ruby.  Most gemologists go a lifetime and never see a pigeon's blood ruby.  But Israel Diamonds has two of them?  That is curious.  I wonder how they determined that theirs is pigeon's blood.  

Just because a stone is the best you have ever seen does not make it pigeon's blood, nor (in the case of sapphire) royal blue.  These are the very best of the very best.  If you read over the thread you will see references to the Burmese saying that "Asking to see the blood of the pigeon is like asking to see the face of God."  I have been a fixture at wholesale gemstone markets in Thailand for eight years and I have seen it once- and this listing is the result.

Another very important part of evaluating colored gemstones is brilliance.  You can have a pigeon's blood red ruby that is not very brilliant- it doesn't have much "sparkle" or light return.  It "eats light" instead of reflecting it back to the eye.  Not only is my ruby pigeon's blood, but the brilliance is also superb- it is phenomenally beautiful.  If you look at the two rubies mentioned in your post, you will not see any evidence of brilliance whatsoever.  Now it may be that they don't know how to photograph ruby, but I don't think that is the case since they show a .30 carat ruby in "fine red" (emerald shape) and it shows brilliance in all four corners.  Now maybe the photographer was having a bad day when he shot the "pigeon's blood" colored ruby, but then again if it was truly a top color wouldn't he take more time?  Shouldn't he be excited enough about photographing an extraordinary rarity to show it at its best?

Another word on brilliance.  Often with very fine stones the rough is so exorbitantly expensive that the cutter is forced to save as much weight as possible.  Think about this.  One carat is a fifth of a gram.  For the sake of simplicity let's say my ruby weighs 1 carat.  At $10,600 per carat, that would be about $50,000 per gram.  So the more the cutter grinds away from the original crystal, the more dust on his floor that is "worth" $50,000 per gram.  A gram of pure gold is worth what- at $1650 per ounce about $53 per gram.  So the dust that he produces is worth 1,000 times the price of gold.  The owner is standing there sweating and swearing and the cutter wants to save every bit of precious weight that he can.  As a result, you get a stone with no brilliance.  Ruby bends light in a certain way, and there is a science to getting the proper angle for maximum brilliance.  The crystal does not come out of the ground looking like a pear-shaped stone!  They are forced to cut some parts away and leave some of that ridiculously expensive dust on the floor.

If you want to know more about the mechanics of brilliance, look at the section of this page called "Implications of Optical Properties for Gemstones".  It is near the bottom of this page:


http://academic.emporia.edu/abersusa/go340/optical.htm



If you have any more questions or if you want clarification on any points don't hesitate to ask me.  Gemology is not only my profession but it is my hobby, my passion, and my life.  I do the same things whether I am "working" or "on vacation"- I hunt gemstones!  The difference is when I am on vacation I hunt for my personal collection.  Smiley
legendary
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$10,600 for this amazing Burmese ruby.  As Burma develops good relations with Europe and the United States certainly economic sanctions will be suspended to reward them for their behavior.  This is very likely to stir interest in the ruby that is known worldwide as the pinnacle of color.  There is always more demand for quality Burmese ruby than there is supply, and this not only means prices get substantial support but also ensures long-term value.
legendary
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~blushing~  thanks very much.  Smiley
newbie
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Wow, great ruby, good luck!
legendary
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Kluge you are right.  I use the FedEx shipping service but I submit the parcel through a high-value courier.  They seal the package and insure it and handle customs for me.  There would be a long paper trail produced by a courier that has an enormous amount of experience transporting jewelry and other high-value parcels like gold bullion.  G4S Securicor is the courier by the way. 

That being said- would I prefer someone pay with bitcoin or bank transfer?  Yes.  In any industry that deals with high-value merchandise bitcoin can be a great tool.  I'm not a hard guy to get along with and if an issue arises with a client they are generally pretty simple to resolve.  Often Paypal and credit cards just create loopholes for scammers instead of the "protection" that they claim to offer.

Thank you Nyaaan, I agree it's very nice.  I haven't seen a better one before or since.  It's not easy to put a price on something that would be so difficult to replace.
donator
Activity: 1218
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If someone buys the ruby with GPayPal, and charges back after you've shipped it, what are you going to do?

Btw, your images don't work, lrn2imgur

Nice ruby
Images work fine. Since he's shipping a physical item with a tracking #, were a chargeback initiated, he would stand a pretty good change of having the chargeback reversed.
full member
Activity: 140
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If someone buys the ruby with GPayPal, and charges back after you've shipped it, what are you going to do?

Btw, your images don't work, lrn2imgur

Nice ruby
legendary
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$10,750 in bitcoins includes FedEx but you pay for insurance.
legendary
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$11,000 in bitcoin buys this stone and FedEx delivery.  You pay seperately for insurance on the parcel.
legendary
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$11,500
legendary
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$12,500 if paid in bitcoin; contact me for Paypal price.
legendary
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Many more rubies available in all sizes and prices.  Glass-filled ruby can cost very little, and unheated African ruby is a great value.  Whether you want to spend a few hundred dollars or many thousands, I have a ruby for you.  Send me a note at [email protected] for answers to your questions.
legendary
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Make an offer on this stone- let's talk!
legendary
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Please contact me about this or any other ruby!
legendary
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Ask me a question about this one.  I am happy to answer!
legendary
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This ruby is still available.
sr. member
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I'll tell you a great secret Randyfolds.  Imagine a stone that came out of the ground in Africa instead of Burma, and back off the color just a little bit in saturation.  With that stone you are looking at about $4,000 instead of $13,000.  Amazing difference, huh?  And you can move down in size a bit to one carat, or maybe 1.2 or 1.3cts and you can drop down to around $2500.  Chances are, anyone who might see your $2500 ruby will be amazed and will agree that hands down it is the finest they have ever seen in their life.  Most of the ruby available in the West is really terrible quality.  It has poor color and is loaded with inclusions to the point of being opaque.

Yeah, I have a corundum ruby. That's about as close as I'm gonna get...the real pauper's blood stone...but it's shiny and pretty!
legendary
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I'll tell you a great secret Randyfolds.  Imagine a stone that came out of the ground in Africa instead of Burma, and back off the color just a little bit in saturation.  With that stone you are looking at about $4,000 instead of $13,000.  Amazing difference, huh?  And you can move down in size a bit to one carat, or maybe 1.2 or 1.3cts and you can drop down to around $2500.  Chances are, anyone who might see your $2500 ruby will be amazed and will agree that hands down it is the finest they have ever seen in their life.  Most of the ruby available in the West is really terrible quality.  It has poor color and is loaded with inclusions to the point of being opaque.
sr. member
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My goodness...quite the stone, but too rich for my pocketbook. Is there a color rating of 'pauper's blood'? Maybe I can afford that one...
legendary
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This auction ends:

Saturday, January 14th at 01:27:37 PM GMT
legendary
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Shipping and insurance are handled by G4S Securicor and FedEx for maximum reliability and peace-of-mind.
legendary
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I have access to a very wide range of rubies from the pinnacle of greatness like this pigeon's blood 1.64 carat pear down to more modest stones that are beautiful but very reasonably priced.  A great example of this would be unheated and heated African ruby.  You can buy a very beautiful ruby of over one carat for as little as $1,000.  Glass-filled ruby is not as rare or durable as "normal" ruby but if you need a stone for earrings or a pendant it is beautiful and very affordable.  One-carat stones can cost as little as $150, even in fairly high quality.

Ruby is one of the most enticing gemstones and it represents love and passion.  Traditionally it has been the most expensive colored gemstone and that trend continues today.  The finest Burmese ruby can bring as much as $400,000 per carat.  I've been in this business here in Asia for eight years and to me, there is nothing as beautiful as a high-quality ruby- whether glass-filled, heated, or totally treatment-free.  There is a ruby for everyone no matter your budget.

If you have any questions about this stone or about ruby in general please get in touch with me.  I would be more than happy to answer your questions and help you in any way that I can!  [email protected]
legendary
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We welcome the participation of your local jeweler, gemologist, or appraiser in the acquisition of this stone!
legendary
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There is no glass filling in this ruby (of course).  It is flux-healed.  If you want to learn more about this process I strongly recommend you read this article by Richard Hughes, author of the classic Ruby and Sapphire.

http://www.ruby-sapphire.com/flux_healing_mong_hsu_ruby.htm

This treatment is stable and permanent.  It is also widely accepted in the gemstone trade.  From time to time you might see a ruby of this quality on the market that is unheated.  There is no general rule, but the wholesale prices that I have seen indicate that the price would roughly quadruple over a flux-healed ruby.
legendary
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This auction ends:

Saturday, January 14th at 01:27:37 PM GMT
legendary
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This is a stone so rare that I have never seen one like it in my eight years of buying here in Thailand.  As a gemologist I am taught to be skeptical, but this gemstone taught me not to be. 



As do nearly all of the very finest rubies, this stone hails from Burma.  That is not only my opinion, but the opinion of Dr. A. Peretti, one of the world's most renowned gemologists who specializes in ruby and sapphire origin.  The report that comes with this gemstone is issued by GRS- GemResearch Swisslab.  If you are familiar with Sotheby's or Christie's jewelry auctions you will regularly see reports from GRS.  To say that this report is unassailable is an understatement.  Dr. Peretti's signature and his opinion hold an enormous amount of weight in the gemstone world. 



You may have heard the expression that serves as a law in the colored gemstone world:  "Color is King."  It means that nothing trumps color.  A stone that is included may still be extremely desirable.  A stone that is asymmetrical might also be very highly valuable.  If a stone is the "right" color, the value skyrockets.  For a ruby, that color is "pigeon's blood".  This term comes from (where else?) Burma.  They have a saying that "Asking to see the blood of the pigeon is like asking to see the face of God."  How is that for an expression of rarity?  Color is King.  Surely the Burmese stone traders got tired of foreigners showing up to buy ruby and asking for this color.  They ask for it because they read it in a book somewhere, but they don't know what they are asking for and they wouldn't respect it if you showed it to them.  Indeed, they wouldn't know it!  It's literally that rare. 
 


Another Burmese expression about ruby goes like this:  "At a carat, there is a price.  At a carat and a half, the price doubles.  At two carats, there is no price."  Truly fine ruby- especially Burmese ruby- is incredibly rare and it can't be replaced.  Once this stone is gone, it is gone- and I might see one in another eight years or I might not ever see one again.  These are stones that most dealers in Bangkok or Chanthaburi just don't have.  Dealing in such extraordinarily rare stones takes a massive amount of capital.  Most of these dealers have literally millions of carats of ruby in stock, but perhaps only one piece of pigeon's blood color over a carat- and most of the time not even one!  When a dealer knows that a particular gemstone can not be replaced, how does he set his price?  Of course it is much more than a stone that can be replaced at will.



When you learn to judge gemstones, you have to learn presence.  You can know everything in the world about gemstone treatments and color, hue, tone, and saturation.  You can be an expert in every physical property that a gemstone may possess, but unless you understand presence- the feeling that the stone creates as a whole- as a sum of all of the parts- you can not value gemstones accurately.  Presence is what sets the price.  Presence is what sells the stone.  Presence is what stimulates desire and creates rarity.  There are so many rubies that are beautiful.  Beauty in and of itself does not create the ultimate of rarities, and even if Color is King, color alone does not create this rarity either.  Presence is the brilliance, the color, the intensity- presence is the culmination of every value factor.  You might call it "allure". 



Maybe this will help to understand presence.  Let's say you see a woman at a cocktail party who is tall, and has an hourglass figure, and she moves gracefully.  Is she alluring?  Well, not if she has a very nasally voice, buck teeth, and asks you to grab her a couple of beers- one for each fist.  Now imagine the same tall woman, hourglass figure, lovely teeth, a voice like a bird singing, a form-fitting black dress, same graceful motion, and big bold green eyes that melt as soon as she sees you.  That's presence.  It is everything in one package.



This ruby is 1.64 carats and intensely saturated red.  The independent report from GRS serves to assure you that my assessment of the color is accurate as Dr. Peretti and I agree.  It will also be an important part of the documentation that your insurance company will require to cover this stone.  Because GRS is independent and has a solid global reputation the report takes a lot of the guesswork out of obtaining a stone like this and it reduces the risk drastically.



This stone might end up in a ring, or a pendant, or it may just live much of the time in your safe.  This is a polarizing issue.  Gemstone collectors are adamant that they enjoy gemstones just as much as people who wear them in jewelry, and generally jewelry connoisseurs scoff at this notion. The choice is yours of course.



There are not many things in life that are so rewarding to possess as a fine gemstone.  It takes a certain type of person to appreciate gemstones, and by and large these are people who appreciate greatness for its sake alone.  They might not have a love of baseball but they know that the New York Yankees are special.  They might not be a boxing fan, but they understand and respect the honor and the presence of a world champion heavyweight.  They know that it's just a baseball team, just a fighter, and just a gemstone- but they also can grasp the full weight of what else it is. 



I have many clients from many different countries who appreciate fine gemstones.  They come from different industries, different backgrounds, and different perspectives but they all seem to enjoy the lifestyle that their ambition has earned them and they all love the allure of a very special stone. 

Let's start this auction at 2,000BTC.  I reserve the right to withdraw this auction if the price of bitcoin fluctuates more than 10%.  This is a seven day auction.  Please consult with a competent attorney regarding the legality of importing this gemstone into your home country.  It is the buyer's responsibility to comply with all laws and to pay any import duties or tariffs that may be incurred.  The purchase price does not include shipping or insurance.  We are experienced in shipping high-value items and will be happy to assist you in order to protect your interests.

If you have any questions about this fine ruby please contact me directly at [email protected].  Note that I also have access to many rubies and sapphires both in my stock and through other wholesalers and I can assure you the best value in any ruby or sapphire purchase.

Please visit Tip Top Gem to learn more about us.  You might enjoy the galleries on the site: 

http://thegemvault.tiptopgem.com/

Thank you for reading!

David Fortier, GG (GIA)
Owner
Tip Top Gem
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