Answer by
AnneB91 (611)
The most expensive rubies are bright-red in color and with few inclusions, and if there are inclusions, not visible to the naked eye. The cut of the ruby also factors into its price. The highest-ranked rubies come from Mogok, Burma. The highest price paid for a ruby was for Alan Caplan's "Mogok Ruby," a 16-carat stone for about $3 million.