Asteria Colored Diamonds

Asteria Colored Diamonds


TechForm Platinum Jewelry Casting

Leibish & Co

Tuesday, October 25, 2016

The ‘Ratnaraj’ 10-Carat Ruby Could Achieve $12.5 Million At Christie’s

A rare 10.05-carat Burmese Pigeon’s Blood ruby ring will be the lead item at Christie’s Hong Kong Magnificent Jewels sale on November 29. It has a pre-sale estimate of $8.8 million to $12.5 million.

Known as the “Ratnaraj” (“King of Precious Stones” in Sanskrit), the auction house says it boasts “significant size, illuminating redness and flawless crystal structure.”

The gem comes from the House of Faidee, a century-old gem and jewelry firm known for its trophy collection of Burmese rubies and Kashmiri sapphires. Only a few appear on the market each year.

Christie’s says it is extremely rare for a ruby over 5 carats to exhibit exceptional saturation and natural red fluorescence categorized as “pigeon’s blood.”

The Magnificent Jewels auction will be held at the Hong Kong Convention and Exhibition Centre. 

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet, the Forbes website and on Instagram @JewelryNewsNetwork