Ruby is considered one of the most expensive and rarest gemstones in the world. The crimson red color of ruby makes it unique and attractive to people. Ruby is also called the sister stone of sapphire because both are made from the same mineral - corundum. The red color of ruby is the result of the natural presence of chromium in the mineral corundum.
Myanmar (Burma) is one of the places known for the finest deposits of ruby. Some other countries are Thailand, Madagascar, Mozambique, Vietnam and Afghanistan. It is believed that Myanmar holds the history of having the oldest source of ruby since 600 AD.
However, time has been a witness to some of the auctions of famous ruby rings and brooches. Let’s take a tour to know the top 5 most expensive ruby jewelry in the world.
The Sunrise Ruby Ring
Geneva auction May 2015, witnessed one of the most pricey auctions of the famous ruby ring which smashed all the previous records. The ring was sold at a mind-boggling price of $ 30,335,698 USD making it one of the top grossing ruby jewelry in the world. The centerpiece of that ring is a Mogok Burmese ruby weighing 25.59 carats. The color of the gem is pigeon blood red which was verified by SSEF (The Swiss Foundation for the Research of Gemstones). Depth of the color reflects a fine flash of clarity and brilliance which were the major contributors behind the exquisiteness of the ruby.
Crimson Flame Ruby Ring
The Crimson Flame Ruby is titled one of the costliest and most famous rubies in the world. This pigeon blood red Burmese ruby set a huge world record at auction in Hong Kong; the ring was auctioned at an exceptional price of $ 18,382,385 USD sold by Christie’s. The cushion-cut ruby stone was mounted on the center of the ring and was surrounded by numerous sparkling diamonds.
Pigeon blood ruby gemstones are the most sought after variety of ruby which you can find at GemsNY. If you’re looking for something that goes light on your budget, then there are over fifty thousand color gemstones to choose from.
The Dupont Ruby Brooch
This brooch finds its place in one of the famous rubies that have been auctioned for a giant price. The Dupont Ruby Brooch was auctioned in Magnificent Jewels Auction, NY in December 2019. Mrs. Jessie Ball Dupont was the actual owner of the brooch which was sold for a staggering price of $ 8.9 million USD.
The Graff Ruby Ring
The cushion-cut Burmese ruby was sold at Sotheby’s Geneva auction in November 2014. The fact about this ring is that it was sold back to its prior owner- Laurence Graff for USD 8,600,410 that labels this ring as one of the most expensive rings ever sold. The color of the Graff ring is also Pigeon Blood red like that of the Sunrise Ruby Ring. This stunning classic & famous ruby is set in white metal and flanked with bead-set round cut diamonds.
Diamond & Burmese Ruby Brooch
Another expensive piece of ruby jewelry ever sold is a Diamond Brooch with Burmese rubies at Christie’s Auctions held in Hong Kong in November 2014. The gorgeous ruby brooch is one of the famous rubies and it was sold at a massive price of $ 8,428,127 USD. The rubies display a saturated vivid red color and a striking cutting style.
The vintage styled brooch is also embedded with three pear shape rubies bordered by old cut diamonds. The exceptional ruby in the brooch is from the old mines of ruby in Mogok Valley, Burma.
GemsNY is known for its best bespoke services around the world. GemsNY has a wide range of treated and untreated rubies which come with a certificate of authenticity. You will find the finest quality rubies at GemsNY and the gemologists on staff will be delighted to address your queries for customized ruby rings, earrings, necklaces and other jewelry.