Ruby
A ruby is a pink to blood-red colored gemstone, a variety of
the mineral corundum (aluminum oxide). Other varieties of gem-quality corundum
are called sapphires. Ruby is one of the traditional cardinal gems, together
with amethyst, sapphire, emerald, and diamond. The word ruby comes from ruber,
Latin for red. The color of a ruby is due to the element chromium.
The quality of a ruby is determined by its color, cut, and
clarity, which, along with carat weight, affect its value. The brightest and
most valuable shade of red called blood-red or pigeon blood, commands a large
premium over other rubies of similar quality. After color follows clarity:
similar to diamonds, a clear stone will command a premium, but a ruby without
any needle-like rutile inclusions may indicate that the stone has been treated.
The world's most valuable ruby is the Sunrise Ruby.