I just came across a very scary article about imitation rubies in the Jewelry Business Advisor. These “rubies” started entering the market about 6 yrs ago and are being passed on to the public as genuine and sometimes at tremendously inflated prices. There are any jewelers and buyers that are not aware of this. I use rubies beads all the time, but not the cut stone type that is mentioned here, even so it is daunting to think that so many of the gemstones we believe are real may not be.
If you want to learn more about these fakes click here.