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The transparent red spinels were called spinel-rubies [14] or balas rubies. [15] In the past, before the arrival of modern science, spinels and rubies were equally known as rubies. After the 18th century, the word ruby was only used for the red gem variety of the mineral corundum, and the word spinel came to be used. [16] "
Red spinels may be mistaken for rubies by those lacking experience with gems. However, the finest red spinels, now heavily sought, can have values approaching all but the finest examples of ruby. [14] [15] The Mogok Valley in Upper Myanmar (Burma) was for centuries the world's main source for rubies. That region has produced some exceptional ...
In 2016, jeweler Olivia Young of Ouroboros sold a red spinel ring for £6,000 ($7,700). Last year, the client’s insurance company paid out £30,000 ($38,400) to replace it. ... Myanmar, Vietnam ...
The Spinel of the Great Imperial Crown (Russian: Шпинель Большой императорской короны) or Menshikov Ruby [1] (Russian: Рубин Меншикова) is a historical gemstone, a red spinel which tops the Great Imperial Crown of Russia from the 18th century to the present day.
The mineral also contains trace amounts of chromium and vanadium, which are responsible for Painite's typically orange-red to brownish-red color, [2] [7] similar to topaz. The mineral's rarity is due to zirconium and boron rarely interacting with each other in nature. The crystals are naturally hexagonal, but may also be euhedral or ...
The ruby sold for a record US$30.42 million on 12 May 2015 at a Sotheby's auction in Geneva, Switzerland, to Heidi Horten. [3] [6] It was originally estimated to be worth between US$12 and 18 million prior to auction [1] [9] [10] and bidding started at 11 million Swiss francs or US$11.8 million.
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