Diamonds and Rubies are the most popularly used gemstones for jewelry. For ages, the diamond holds a symbol of power and wealth. Ruby is among the three most precious stones termed as ‘big three’. Where the ‘big three’ includes the ruby, sapphire, and emerald.
Apart from the differences in the color of diamonds and rubies, the two gemstones are significantly diverse in several ways. Rubies, because of their color, are more in fashion among the riches. Ruby stone with a fine cut and color is more expensive than a diamond of similar weight.
Drawing Comparisons – Rubies Versus Diamonds
Here is a comparison between ruby and diamond covering different aspects and factors;
Which One is the Most Expensive? Ruby or Diamond?
Prices of both gemstones can vary on different factors. Rubies range between $100 to $20,000 per carat, whereas diamonds start somewhere around $2,000, with no upper limit. The prices of gemstones are considered based on 4 Cs. C in 4 C stands for color, cut, clarity, and carat weight.
Color and carat weight are prime determinants of ruby prices. Many other factors also influence the prices of gemstones. A proper search can fetch a good deal for you, saving an ample amount of money.
Cut and clarity determine the price of a diamond. Artificial diamonds may cost you 20%-30% less than original diamonds.
Comparing Based on Carat Weight
Carat weight is one of the most prime determinants involved in the pricing of both gemstones. The increase in carat weight is directly proportional to the price. A statistic shows that only one diamond out of a million stones extracted is capable of re-polishing into a 1-carat diamond. You should also know that increase in carat weight does not correlate to a diamond’s size.
For rubies, a stone weighing more than 1-carat weight is rarer than a diamond. Ruby of an increased carat weight will also increase its total purchase amount.
Color Variance – Ruby Versus Diamond
Generally, colors in diamonds are an outcome of impurity in the formation process. The value of a diamond goes down if it appears dull yellowish. However, some colors are expensive to buy. Gemstones are evaluated based on clarity and vividness. White diamonds are scaled based on their clearness.
The Gemological Institute of America (GIA) includes three factors for the color grading system of gemstones. The factors are hues, saturation, and tones. Common hues include green, yellow, violet, blue, etc., colors. Excessive pink-colored rubies are sapphires and are not very expensive.
However, purplish and vivid red rubies are costly. Saturation means the intensity and concentration of color. The value of a ruby depends upon how saturation strikes. A gemstone that is not too dark and not too light is the most valuable gem.
Clarity of Stone
Both gemstones are imperfect below the surface, and that crashes the gem’s clarity. These imperfections are also called “birthmarks”. There are different scales to evaluate both gemstones. While diamonds are judged on an eleven-point scale, rubies have a four-point scale to judge.
Diamonds go through the drilling of a fine pathway and mix corrosive acid to erase birthmarks. The process of removing the birthmark will improve the appearance but reduce the value simultaneously.
Cutting and Recutting
The cut is another factor where rubies and diamonds differ from each other. It has an insignificant influence on the price and quality of rubies, while it could be a decisive feature for a diamond’s value. Diamonds change their looks extensively after cutting, and so do their values.
Rubies are cut and cured as soon as they come out of the surface. If a ruby undergoes further cutting for improvement, the value goes down significantly.
Is Diamond Harder Than Ruby?
Earlier, we mentioned that diamonds and ruby are diverse in many ways. The only similarity among them is the hardness feature. Both diamonds and rubies are incredibly hard. The Mohs scale grades the hardness of gemstones. According to Mohs scale, diamond scores 10, while rubies score 9.
While looking at the Mohs scale, you will not find ruby on it. The reason is that ruby comes from a different source called conundrum. The conundrum is a similar source for sapphires. Both gemstones are uniformly hard but not more than diamonds.
Which One is Perfect for the Engagement Ring?
It is a difficult question to answer in the present context. After enjoying popularity for ages, the diamond is seeing a decline in its fame. Gemstones, like rubies and others, have taken a drastic leap in recognition. Celebrities like Eva Longoria receiving rubies in engagement rings are trendsetters.
After having an unmatched hardness, both the gemstones are subject to damage. An impact can cause chipping and scratching on the stones, even shattering the precious stone. Rubies and diamonds are some of the best jewelry options to own. The value sees appreciation with time. The choice depends upon your preference and paying capacity.
It is necessary to do some research before setting out to own a gemstone. It involves a massive investment, and you must take caution while making a deal.