2023-06-10 10:33:00
Record auction for a giant ruby sold for 34.8 million USD in New York
A giant 55.22-carat ruby, dubbed Estrela de Fura, the largest ever at auction, sold on June 8 in New York for US$34.8 million, a record for the stone, the company said. Sotheby’s.
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| FURA’s 55.22-carat Estrela ruby, the largest ever at auction, went on display in Dubai on May 22. |
| Photo: AFP/VNA/CVN |
Cut and shaped in a rough stone of 101 carats discovered in September in a mine of Montepeuz, in Mozambique, operated by the company Fura Gems, the jewel was a star during this sale of jewels which included 100 lots.
Offered at a starting price of 21 million USD, it was sold for 30 million USD, or 34.8 million with fees and commissions, to an anonymous purchaser by telephone.
A Sotheby’s spokeswoman said the buyer was a “Middle Eastern private collector“, without further details.
The previous record belonged to a Burmese ruby of 25.59 carats, sold for 30.33 million USD including costs by Sotheby’s in Geneva in 2015.
The marketing of this extremely rare jewel, exhibited in Hong Kong, Taipei, Singapore, Geneva, Dubai and New York, was an event for the world of jewellery.
“It is a true wonder of nature. Any ruby that comes out of the ground and ends up exceeding five carats as a polished ruby is something of a rarity. A 10 carat ruby is very rare. 20 carats is almost unheard of. A ruby over 50 carats is once in a lifetime“, explained the head of the jewelry department for the Americas at Sotheby’s, Quig Bruning.
During the same auction session, “The Eternal Pink”, a rare pink diamond of 10.57 carats, resulting from the exploitation of a mine in Botswana, was sold for the same price of 34.8 million USD, a record per carat (3.29 million USD) for a stone of this color.
The current absolute record for the sale price of a pink diamond was reached in Hong Kong (China) in 2017, when the “Pink Star” (59.60 carats) was bought at 71.2 million USD .
AFP/VNA/CVN
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