Birth Stones  
  July: Ruby  
  Rubies will bring harmony of life to the wearer, so one can expect a peaceful life when wearing this stone. The astrological stone is onyx  
 
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What is a fracture filled Ruby?

Ruby fractures are filled with a transparent lead glass as the refractive index of corundum and lead glass are very similar which allows light to travel through the stone, improving the colour and clarity. Madagascan rubies disfigured by fissures or surface cracks are often "repaired" using heat treatment with lead glass.  They can be found in large sizes at a fraction of the cost of untreated stones.  These rubies represent an excellent value in the market if the treatment is disclosed and the price is appropriate.

 



 

   

Red Sox’s World Series rings are gem-laden

Boston Red Sox players received their 2013 World Series rings last Friday, which are set with 126 diamonds, 16 custom-cut sapphires and nine custom-cut rubies.
 
Made by Minneapolis-based Jostens, the 14-karat white gold rings feature each person’s name and number and the number of World Series titles that person has won with the Red Sox. Each ring also features a “B Strong” motif, which “pays homage to the city that inspired a team and a team that inspired a city,” Jostens said, and mirrors the patch the players wore in memory of the victims of the Boston Marathon bombing.

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Mozambican Ruby Auction in Singapore Generates $33.5 million

Gemfields’ inaugural auction of rough rubies and corundum from its 75 percent-owned Montepuez ruby deposit was held in Singapore from June 12-17. It reported to yield gross auction revenues of $33.5 million and an overall average value of $18.43 per carat. 57 out of the total 62 lots of high and low quality rough rubies and corundum were sold, representing approximately 91-percent of the lots offered. The proceeds will be fully repatriated to Montepuez Ruby Mining Limitada.

“Adding the revenues from our maiden ruby auction to those derived during this financial year from rough emerald and beryl sales implies aggregate consolidated revenues (from rough gemstone sales) in excess of $143 million,” said Ian Harebottle, CEO of Gemfields.

 


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