Wednesday, February 21, 2024

Million Dollar Rubies Sold


Imagine owning massive top-quality rubies! Let's take a look at 2 stones sometimes called the king of gems that were sold in 2023. 

First up is The Sunrise Ruby, a rare Cartier Burmese ruby, set with 2 side diamonds in a platinum ring. Last year it was sold at auction by Christie's from the estate of Austrian billionaire Heidi Horten for $13,055,000, less than predicted due to a bit of controversy that is unrelated to the gemstone's origin. In 2015 Ms. Horten paid $30,300,000 for the ruby. According to Christie's, the price was higher in 2015 due to the back and forth of 2 bidders at the time.

BelowπŸ‘‡are different angles of the cushion shape, brilliant cut Sunrise Ruby. It weighs 25.59 carats.

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Mozambique, a country in Southeastern Africa, is emerging as a rich source of premium-quality rubies. Our 2nd gemstone is a Mozambique ruby that fetched $34,800,000 at Sotheby's last year, setting a new record for the price of a ruby. 
Called the Estrela de Fura (Porchugese for Star of Fura) Ruby, at 101 carats uncut, it's both the largest gem-quality ruby ever found, as well as, the highest price ever paid at auction! Cut down to 55.22 carats by gem dealer and cutter Francois Garaude into a cushion shape, this stunning ruby bears remarkable symmetry and balance. It is gigantic, unheated, and clean making it a rare natural ruby. The ruby's pigeon blood color is equal to the celebrated Burmese rubies. Under ultraviolet light, the Estrela de Fura ruby radiates a strong fluorescence. 

In addition to oohing and ahhing, all I can say is a regular person's rubies are very small and flat in comparison!😊

BTW, The Sunrise and Estrela de Fura rubies were acquired by anonymous private collectors. The new owner of Ms. Horten's ruby lives in the Middle East. I always hope these huge ideal gemstones eventually end up in a museum so the public too can see them.

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And now here are jewels for average people like you and me. πŸ˜› 

BelowπŸ‘‡are smaller, less-perfect rubies from Macy's or Saks. Perhaps not heirloom nuggets, yet they are pretty too, no? Each piece is 1-9/10 carats, a versatile size that can be worn both daily and to galas ... and the cost is more attainable. Remember my motto: First a dreamer, then a realist!




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