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Rubies, the birthstone of July, are considered the king of gems and represent love, health and wisdom. It was believed wearing a red Ruby bestowed good fortune on its owner. Rubies arouse the senses, stir the imagination, and are said to guarantee health, wisdom, wealth and success in love. Ruby is a variety of the gems species corundum. It is harder than any natural gemstone except diamond, which means a ruby is durable enough for everyday wear.