In the present study, we collected and investigated spinels from the Man Sin deposit in Myanmar using standard gemological testing, microscopic observation, EDXRF, and Raman spectrometry. The color observation was performed under various lighting conditions to show color differences. A very high Cr/Fe ratio is linked with exceptionally strong red fluorescence. Microscopic observation and Raman spectroscopy identified mineral inclusions of colorless phlogopite, molybdenite, hauerite, native sulfur, and calcite. Man Sin spinels are typical Fe– and Zn–poor spinels. Binary and ternary diagrams were used to discriminate each deposit (i.e., Man Sin, Mogok, and Namya in Myanmar) with high reliability. Jedi spinel fever in the Asian market, due to their unique neon color appearance and exceptionally strong fluorescence, is also discussed.