Clean Spinels over 5 Carats are a rare and very expensive. This is a deep/dark purple Gemstone so if you are not into darker color stones, this is not the one for you. This is perfect size for a ring and to buy one set on a premade 14K gold diamond ring will set you back well over 6-7K, depending on the diamonds and gold you use. You are getting a good deal for a 100% natural unheated 5.2 CT Clean Spinel and can be appraised 3-4 times the asking price. You can purchase this gemstone and set this on a ring of your choice and save at least 4K buying one premade.
Over 100 years ago, Spinels were misclassified as Rubies and many of the famous Rubies were later found to be Spinels. One of the world famous 100 CT Red Ruby on the Queen Elizabeth's crowns were later found to be a Spinel. Unless you are a trained professional, a Red Spinel can be easily mistaken for a Ruby. Natural clean Rubies are expensive and hard to find. Spinel's are an excellent lower cost option. Spinels are not well known and advertised to general public. But to Gemologists, Jewelers and Collectors, it is a rare beautiful Gem.