10 most expensive rubies from auctions
Introducing a ranking of the most coveted, luxurious and unique scarlet gems sold at record prices by the largest auction houses.
The stones, for which many are ready to pay exorbitant sums, have a noble origin: they were all mined at the famous Burmese deposit Mogok and have a rare pigeon blood color. Even a small ruby of this color is incredibly valuable.
The Swiss Gemological Institute (SSEF) described a 10.1-carat Mogok pigeon-blood ruby: “A natural Burmese ruby of this size and quality is very rare and can be safely called a treasure of nature.”
Since the ruby is the patron saint of the month of July, we present you with ten of the most expensive rubies ever sold at auction.
Burmese ruby weighing 12.46 carats in a ring with diamonds
$ 3,721,415 ($ 298,669 PER CARAT)
The ruby has a cushion cut and rests between two large triangular diamonds. The ring is accompanied by SSEF and Gübelin reports confirming the origin of the stone and the absence of traces of heat treatment. Also attached is a letter describing the exclusivity of this ruby.
Diamond ring with an 8.99 carat ruby from Harry Winston
3,935,105 USD (437,720 USD per carat)
The 18-karat platinum and gold ring features a gorgeous Cushion-cut ruby surrounded by triangular diamonds. Attached to the ring is a letter from the American Gemological Laboratory, according to which the stone has the rich rich color inherent in specimens mined in the Mogok deposit. Traditionally, this color of ruby is called “the color of pigeon blood”. Skillful cutting favorably emphasizes all the richness of the color of this stone, creating a unique play of light inside the ruby.
30.2 ct ruby set with diamonds
4,265,586 USD (141,245 USD per carat)
The 30.2-carat cushion-cut ruby has an exceptional color. Its splendor is complemented by two pear-shaped diamonds weighing 2 and 2.02 carats. The stones are adorned with an elegant platinum ring. The product is accompanied by a report from the Gübelin company confirming the origin of the stone and the presence of signs of heat treatment.
13.21-carat Mogok Regal ruby on a diamond ring
5,967,465 USD (451,738 USD PER CARAT)
Ring in 18-karat white and yellow gold set with a 13.21 carat oval ruby surrounded by crescent-shaped diamonds. The stone is distinguished by its bright red color, impeccable purity and original cut. Careful examination revealed small inclusions typical of rubies mined in the Mogok valley.
The Queen of Burma – Cartier ring with a 23.66-carat Burmese ruby and diamonds
6 084 559 USD (257 166 USD per carat)
In the center of the composition is an oval ruby weighing 23.66 carats, set with platinum prongs set with baguette-cut diamonds. The ring was made by Cartier London in 1937.
The product is accompanied by a report from SSEF, as well as a letter in which it is written: “The uniqueness of this ruby ring lies not only in the quality, beauty and origin of the ruby, but also in its historical significance. Thus, the Queen of Burma is truly an exceptional treasure”.
Patiño Ruby – 32.08 carat Mogok ruby in a ring from Chaumet
6,736,750 USD (209,998 USD PER CARAT)
Cushion-cut ruby, 32.08 carats, on a pedestal of trapezoidal diamonds. The ring is accompanied by a report from the Swiss Gemological Institute (SSEF), confirming the Burmese origin of the stone and the absence of traces of heat treatment.
Also enclosed is a letter stating: “The deep red color of the stone, also known as ‘the color of pigeon blood’, was created by nature itself through a unique combination of impurities typical of the finest rubies from the Mogok Valley.”
Diamond ring from Cartier with a 29.62 carat Mogok ruby
7,379,953 USD (249,154 USD PER CARAT)
The stone is distinguished by its rich color, which is an essential quality of rubies from the famous Burmese valley. A worthy setting for him was a ring from Cartier, one of the most respected jewelry houses in the world. There are no traces of heat treatment on the ruby, and the unique combination of noble color and large size makes it an extremely valuable stone.
10.1 ct Mogok ruby set on a diamond brooch by Cartier
$ 8,428,127 ($ 834,468 / carat)
In the center of an airy octagonal platinum jewelery set with square, triangular and rectangular diamonds, there is a 10-carat cushion-cut ruby. The product is accompanied by a report from SSEF confirming the authenticity of the ruby color. Also included is a letter describing the outstanding characteristics of the stone. Ruby is distinguished by a graceful cut, impeccable purity and bright, rich color.
Ruby Graff 8.62 carats in a diamond ring
8,600,410 USD (997,727 USD per carat)
In November 2014, an 8.62-carat Burmese ruby was auctioned off at Sotheby’s Geneva. Its price was 8,600,410 dollars, and it lacked some two thousand dollars to the price of a million per carat.
An 8.62 carat cushion-cut ruby supported by two triangular diamonds. The ring is also encrusted with smaller diamonds and embellished with the Graff logo. The product is accompanied by reports from SSEF and Gübelin, according to which the ruby is of Burmese origin and does not bear traces of heat treatment.
From a letter from SSEF, which is also attached to the piece: “This stone is distinguished by its good size and clarity, which is successfully combined with a skillful cut. The smallest inclusions discovered by microscopic examination are characteristic of rubies mined in the famous Mogok Valley (Myanmar) … The intense red color of the stone, also known as ‘pigeon blood color’, was formed due to a unique combination of impurities typical of the best representatives of the Mogok Valley rubies”.
The 25.59-carat Sunrise ruby in a ring from Cartier
$ 30,335,698 ($ 1,185,451 PER CARAT)
A 25.59 carat cushion-cut ruby is nestled between two Shield-cut diamonds of 2.47 and 2.7 carats. The product is accompanied by a report from SSEF and Gübelin, according to which the ruby is of Burmese origin, does not bear traces of heat treatment, and its color can rightfully be called the “color of pigeon’s blood”.
The Sunrise sale took place at the May Sotheby’s auction in Geneva, and on that day, not one, but three records were set: the highest price for a ruby, the highest price per carat and the highest price for a product from Cartier.