Uncut Rubies

[34heavy]

I have about 350 lbs of uncut rubies and wonder what they are worth?

 

[PrecisionGem]

Depending on the quality, anywhere from about $50 to $400,000,000

 

[chrono]

Depends on the size of each piece of rough, the clarity (transparent or opaque), the shape, and the colour.

 

[Barrett]

Hahahaha....Gene, love your response. Made me literally fall out the chair laughing.

 

[niter]

Hahahaha....Gene, love your response. Made me literally fall out the chair laughing.

It was a fantastic response! It had me laughing too!

 

[kenny]

Depending on the quality, anywhere from about $50 to $400,000,000

Since:
1. The OP bought 350 pound of 'rubies' with no clue as to value
2. (S)he is asking on this forum

...I'd say $50, if even that much ... or, about 0.01% of what the OP paid for them.

 

[PrecisionGem]

I actually didn't intend for it to be funny. I am in Tucson right now, and there are some shows where rough stones are sold by the 55 gal drum. These are "rocks", and can never cut faceted into a gemstone. Then on the opposite spectrum are fine facet grade material. The price difference is a vast as what I indicated.

Usually when someone comments that they have X pounds of material, it falls into the 55 gal drum variety. When they say they have X grams, well then it becomes more interesting.