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It is typically blue, but natural "fancy" sapphires also occur in yellow, purple, orange, and green colors; "parti sapphires" show two or more colors. The only color corundum stone that the term sapphire is not used for is red, which is called a ruby. [1] Pink colored corundum may be either classified as ruby or sapphire depending on locale.
A ruby is a pink to blood-red colored gemstone, a variety of the mineral corundum (aluminium 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. [1] The word ruby comes from ruber, Latin for red.
In October 2014, Sotheby's Hong Kong achieved consecutive per-carat price records for Kashmir sapphires – first with the 12.00 carat Cartier sapphire ring at US$193,975 per carat, then with a 17.16 carat sapphire at US$236,404, and again in June 2015 when the per-carat auction record was set at US$240,205. [39]
Several ruby-set pieces were included in the sale, notably a ring set with an 8.24 ct gem that broke the 'price-per-carat' record for rubies (US$512,925 per carat – i.e., over US$4.2 million in total), [37] and a necklace [38] that sold for over US$3.7 million. The Liberty Bell Ruby is the largest mined ruby in the world. It was stolen in a ...
Even the same named gemstone can occur in many different colors: sapphires show different shades of blue and pink and "fancy sapphires" exhibit a whole range of other colors from yellow to orange-pink, the latter called "padparadscha sapphire". [39] This difference in color is based on the atomic structure of the stone.
A pink diamond called Pink Panther, the largest in the world, is the MacGuffin of the 1963 film of the same name. In 2002, when Ben Affleck proposed to Jennifer Lopez with a 6.1-carat pink diamond engagement ring, it catapulted pink diamonds into the popular mindset, triggering an immense surge in pink diamond prices that still exists today. [26]
Sapphire is a saturated shade of blue, referring to the gemstone of the same name. Sapphire gems most commonly occur in a range of blue shades , although they can come in many different colors. Other names for variations of the color sapphire are blue sapphire or sapphire blue , shown below.
In 2009, a 7-carat (1.4 g) blue diamond fetched the then highest price per carat ever paid for a diamond when it was sold at auction for 10.5 million Swiss francs (US$9.5 million at the time) which is in excess of US$1.3 million per carat. [17]
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