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World’s Largest Ruby To Appear At Auction Could Fetch $30 Million April 06, 2023 (0 comments)
New York--The world’s largest ruby to appear at auction will be offered at Sotheby’s Magnificent Jewels auction in New York on June 8. Named the Estrela de FURA, it weighs 55.22 carats. Sotheby’s has placed an estimate of more than $30 million that, if achieved, would likely be the most valuable ruby ever sold at auction.
The finished ruby was cut and polished from a rough 101-carat rough discovered by FURA Gems, a colored gemstone mining and marketing company based in Dubai, according to a report. It was unearthed at its ruby mine in Montepeuz, Mozambique, in July, 2022. The company named the rough gem Estrela de FURA (Star of FURA in Portuguese). Even in its rough, untouched state, the ruby “was considered by experts as an exceptional treasure of nature for its fluorescence, outstanding clarity and vivid red hue, known as ‘pigeon’s blood’ — a color traditionally associated only with Burmese rubies,” Sotheby’s said in a statement.
“To see a natural ruby of this size, with such a combination of quality characteristics spared from treatment was considered almost unimaginable. The natural ruby of 55.22-carat is setting a new record not only for Mozambican rubies, but also for rubies in general,” wrote the Gübelin Gem Lab, one of two laboratories that reportedly graded the gem.