Whether as an investment or to simply say I love you, precious red gemstones are becoming rarer and more exclusive.

In the past decade, jewellers have been shifting the focus from the big four to expand their portfolio of precious gemstones. Where our options were once limited by green emeralds, white diamonds, blue sapphires and red rubies, there is now growing demand for stones such as tourmalines, aquamarines, opals and more as jewellers are harnessing their range of fire and colour to offer more options to collectors.

Take red gemstones, for instance: while rubies reigned supreme for the better part of the previous centuries, there is a growing appreciation for stones like rubellites and spinels, which boast a wonderful range of hues and are just as rare. Plus, declining numbers of natural rubies have created a market for chemically treated stones, thus hiking up the prices for untreated ones. 

(Related: 5 Stunning Floral-Inspired Pieces Of Jewellery For Brides)

If you're looking to invest in a red stone to double your chances of prosperity this Chinese New Year (and double whammy, Valentine's Day), here's our guide on the different reds to know. 

Tatler Asia
Above A 123.24-carat pear-shaped rubellite takes centrestage in this high jewellery necklace by Chopard

Rubellites 

Rubellites are not, as you would expect, a form of rubies—in fact, this is the name given to the pink to red varietal of tourmalines. The most valuable rubellites should not have a brown tinge and should shine equally bright under an artificial light or daylight. Tourmalines come in a rainbow of shades, but the pinks to the reds are the most valuable. Clearly, Chinese dowager empress Cixi thought so too, as so enamoured she was by the pink varietal of stone that she ordered some 120-tonnes of the stones from the Pala mines in California to be made in jewels and objets d’art. Interestingly, the trade between China and the US was facilitated by Tiffany & Co!

arrow left arrow left
arrow right arrow right
Photo 1 of 5 Chopard Temptations ring with 49.64-carat rubellite, rubies and diamonds
Photo 2 of 5 Orangerie Rubellite ring by Dior Joaillerie
Photo 3 of 5 Van Cleef & Arpels Secret des amoureux Clip with a 12.04-carat rubellite, surrounded by coloured sapphires and diamonds
Photo 4 of 5 Cartier Questzal bracelet in white gold with rubellites, black lacquer and diamonds
Photo 5 of 5 Bulgari Tamburelli High Jewellery necklace in pink gold with five rubellites, 4 amethysts, beads of sapphire and diamonds
Tatler Asia
Above Bulgari Ispirazioni Italiane High Jewellery necklace in pink gold with 10 spinels weighing 16.48 carats, and pink tourmalines, amethysts, emeralds and diamonds

Red Spinels 

The Black Prince Ruby, which takes pride of place in the crown jewels, is in fact a spinel and not a ruby, and it was not until modern times that the discovery was made. Let’s not feel bad for the royals though, as gem-quality spinels are just as rare (or maybe even rarer) than rubies. While spinels and rubies can typically be found in the same locations and boast a similar red hue, the key difference lies in their hardness—spinel ranks 7.5 to 8 on the Mohs scale, and rubies 9. Moreover, spinels are fluorescent in ultraviolet light.

Rubies 

Did you know that rubies are actually red sapphires? Their chemical composition is derived from the same mineral corundum, and it’s the impurities within that determine their colour—perfection is, after all, overrated. Ruby colours range from pink to blood red, and the most valued are the ones that are highly saturated. For the longest time, the Mogok mines in Myanmar produced a rare and incredibly valuable breed of pigeon’s blood ruby, but these mines are now dried up. Equally beautiful, but darker rubies are emerging from mines in Madagascar, and most recently, Mozambique.

arrow left arrow left
arrow right arrow right
Photo 1 of 4 Rubies weighing a total carat weight of 102.59-carats can be found in this Graff stunner
Photo 2 of 4 Mogok ruby earrings from Nirav Modi
Photo 3 of 4 Winston Cluster necklace and earrings with rubies and diamonds from Harry Winston
Photo 4 of 4 Van Cleef & Arpels Secret des Abeilles ring with an oval-cut ruby of 5.07 carats from Madagascar, lacquer, mauve sapphires and diamonds
Tatler Asia
Above Chaumet Hortensia Aube Rosée earrings in pink gold, set with pink round sapphires, sculpted garnets, round rubies and two cabochon-cut pear-shaped pink tourmalines

Red Garnets

Garnets were found in the tombs of Pharoahs adorning their necks to protect them in the afterlife. Garnets are still used in jewellery-making today, and can be distinguished from their other red brethrens by their earthy or orange undertones. The term garnet encompasses a range of coloured gems, and under this umbrella, there are three distinctive varietals of red garnets, including pyropes, almandines, and spessartines.

(Related: The Crown Jewels Royalty And Celebrities Wore For Their Wedding)

Tatler Asia
Above A red diamond ring by Vihari Singapore

Red Diamonds

Of all coloured diamonds, red diamonds are the rarest—to give you perspective, only 0.03 per cent of diamonds mined each year are called pink diamonds, and a tiny portion of these are red. This explains why the price per carat of red diamonds is about 300 to 400 per cent costlier than any other colour. In 2001, the largest known red diamond in the world, a 5.11-carat stone, was sold to Moussaieff for US$8m, and there have been a handful of red diamonds weighing more than 1-carat found from the Australian Rio Tinto Argyle mines since then. 

Topics