Legendary Ruby Sales at Auction
In the last decade or so, many exquisite rubies have stolen the show with their brilliant, fiery red sparkles and high price tags. From interesting backgrounds to stunning beauty, here are the rubies that fetched the highest prices at auction to date and which are worth a second (third... or fourth) glance.
Graff's seeing red
This 8.62 carat piece has a remarkable story attached to it...
It was sold at Christie’s in 2006 for more than $3.6 million. To Mr Graff. The London luxury jeweller. Graff reset the Burmese stone into this ring:
And renamed it the Graff Ruby. As you would. He sold the piece to a Greek financier. And then… He bought it back again in 2014 for $8.6 million... more than double!
It shows you how connoisseurs hunt for exquisite pieces like that and also gives a good indication of this stone's utmost rarity.
I mean, if experts go back and buy something twice, at that price, it makes you realise just how special the type of stone is. Here you see another picture of that fiery red stone on a model, so you get a better idea of the size and colour.
The Crimson Flame
The Queen of Burma
The Patalia Ruby Choker
There’s this funny anecdote on the Patiala Ruby Choker: in the 1920s, Cartier approached the Maharaja of Patiala (a city in the North of India) in hopes of selling the flamboyant Raj some of their own jewellery. Unimpressed as he was by the quality of the stones in Cartier’s inventory, the Maharajah instead commissioned Cartier to make several iconic pieces for him… but with his own stones this time.
The Sunrise Ruby
The Jubilee Ruby
Considered the best ruby offered for sale in the US to date, this Burmese ruby was sold at auction in Christie's 250th anniversary year.
Keep in mind that Burmese rubies over 15 carats are extremely rare... so of course these ruby stunners caused quite a scene at auction. For more information on Burmese rubies, including what makes them so beautiful, explore my post on the world's most beautiful rubies.
Looking for a fiery red ruby of your own or perhaps another red jewel or gemstone piece? Contact me to set up a consultation!
For more gem stories and insider tips on how to buy your own investment-worthy gemstones, follow me on Instagram @evagemsandjewels.