Here is a $500 .95ct Pink Spinel Gemstone. This was tested at the Gem Lab today. The 170ct Gem in the front of George V's Imperial State British Crown was thought to be a Ruby for years, but it turns out it is a Spinel. If you collect colored Gems or Love to design your own Jewelry you won't want to miss this auction. This will be auctioned with an opening bid of $1 with No Reserve.