1.23 ct Red Ruby - Oval

At 1.23 carats, this ruby from Burma carries its red color through an oval cut, measuring 6.6 x 5.7 x 3.9 mm.

Ruby is the red form of corundum, sapphire's sibling species, and fine examples are among the most valuable colored gemstones per carat. Burma is the historic benchmark for ruby; Mogok reds are what the trade grades against, from deposits narrow enough to keep the name expensive. It is entirely untreated; no heat, no enhancement, the color exactly as the earth made it. It is GIA-certified, and the report is available to view.

Few stones reach this combination of size and quality, and fewer still come to market. We will tell you everything we know about it before you decide.