Already the largest ruby ever to go under the hammer, it sets a new record price at auction for the gemstone. Read more at straitstimes.com.
NEW YORK - A ruby sold at Sotheby’s in New York on Thursday for US$34.8 million , setting a new record price at auction for the precious stone.
It was cut from a 101-carat rough stone discovered in July last year at the Montepeuz ruby mine in Mozambique operated by the Fura Gems company.Offered at a starting price of US$21 million, it sold for US$30 million plus fees and commissions to an anonymous telephone buyer. “This is really a true wonder of nature,” Mr Quig Bruning, head of jewellery for Sotheby’s in the Americas, told AFP.
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