Rubies can range in color from pink to blood red. Its color can be the biggest determining factor in a ruby’s value. In the ancient language of Sanskrit, a ruby is called “Ratnaraj” meaning “The King of all Stones”. Rubies are sought after for their physical beauty, durability, and value. Ruby is a variety of the mineral species Corundum, which also includes Sapphires. Sources for Ruby include Thailand, Cambodia and Afghanistan. Ruby is the birthstone for the month of July.