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 ...

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 ...

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 ...

(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 ...

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.

Ruby has been a noteworthy and symbolic gem from ancient times through this modern time. The vibrant red rubies represent qualities such as nobility, purity, and passion. Let’s look at the various ...

A rare 10.05-carat ruby will be the lead item at Christie’s Hong Kong Magnificent Jewels sale on November 29. Known as the “Ratnaraj” (“King of Precious Stones” in Sanskrit), the auction house says it ...

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 ...

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 ...