Ruby (fine quality)

Item Description

The famed Rubies from Mogok, Myanmar are one of the most storied gems in the world. Unquestionably, the majority of the finest faceted Rubies in the world are found in this area. This particular gem has an attractive saturated pinkish-red color, and is certainly gem quality in clarity as it only has very very slight inclusion. It has an "Oval Step" cut, which is typical for the material . It should be noted that this stone is LIKELY glass-filled, which is a technique used to improve the clarity of Rubies, and is an acceptable practice so long as the buyer is aware that they are buying a glass-filled stone. It's an older gem from a few decades ago, so it's POSSIBLE that this has NOT been glass-filled, but I need to put that caveat out there just in case. With the political issues in Myanmar, there is VERY little material coming out, and we've been told that the market around Mogok has been shut down, so it's a good idea to scoop up these Rubies now because they will likely be going up in price moving forward. For the size, color and clarity, I would put a retail price on this stone around $800 per carat.
This stone is from the estate of former Phoenix area dealer Marvin Rockey. Rockey's Gems was a significant business in the early days of Arizona lapidary material, and he was a prominent dealer and buyer in the Arizona area of local lapidary and carving material from throughout the state, along with material from Mexican localities. This stone was kept back from the retail stock for its quality and beauty, in a tray of special gems, and was found in his estate (sold to us only recently). Today, these are not only rarely seen but of a highly desirable old quality, and sought after by collectors and gem / jewelry enthusiasts alike.