A 10.33-carat Burmese ruby sold for an impressive $5.5 million after a six-minute bidding war among two bidders on the phone and one in the New York saleroom at Sotheby’s Magnificent Jewels auction.

The just completed Sotheby’s Magnificent Jewels sale in New York is the first auction to sell two items for more than $30 million. The first is the “Estrela de Fura,” a 55.22-carat Mozambique ruby ...

A 55.22-carat ruby has become both the largest and most valuable gem of its kind ever to sell at auction, netting $34.8 million on Thursday. The stone went under the hammer in New York in June, less ...

Both the diamonds were discovered in mines inm Africa. A 55.2-carat diamond was recently sold for nearly $35 million at an auction in New York, according to a report in CNN. The ruby has become both ...

The current record for a ruby sold at auction was achieved by the Sunrise Ruby. This 25.59-carat Burmese stone hammered down for $30.3 million at Sotheby’s Geneva in May 2015. This price also ...

(Reuters) - British precious stones miner Gemfields Plc said it had found a 40.23-carat rough ruby at its Montepuez deposit in Mozambique, and termed the find as "one of the most important rubies ...

Gift 5 articles to anyone you choose each month when you subscribe. Leonard Joel has been busy building a reputation as the auction house of big-ticket jewels and million-dollar-plus diamonds. It ...

The largest, and most expensive ruby to ever be auctioned off will be hitting the blocks at Sotheby’s. It’s called the Estrela de Fura, or Star of Fura in Portuguese, and it’s a 55.22-carat ruby.

The Estrela de Fura, or ‘Star of Fura’ in Portuguese, was unearthed from Fura’s Montepuez mine in July 2022, weighing a whopping 101 carats as a rough gemstone The current world record for a ruby sale ...

Shares in mining company expected to climb as is it announces the ruby will be sold at auction in Singapore next month Gemfields said on Tuesday it had unearthed an "exceptional" 40-carat ruby at its ...