Because Pigeon Blood Rubies are so rare and exquisitely beautiful, their market value is extraordinarily high. At auction, these rubies frequently bring in far more money than other jewels of a comparable size and grade. Their price is heavily influenced by factors including origin, carat weight, color, and clarity. A large, perfect Pigeon Blood Ruby can fetch millions of dollars per carat. Investors and collectors continue to see these superb jewels as both a luxury and a valuable asset, driving up demand for them.