Burma Ruby Auction Extraordinaire

This comes under the heading “because I had to share…”  Something we mortals never see and I’ve always wondered if it existed.  On November 11, 2024, Phillips Auction House will hold its Jewels Auction” of this 18-carat Burma ruby.  For comparison, fine rubies are almost never available over 5 carats, and this one, weighing 18 carats is “a natural wonder,” according to Phillips. This ruby has “exceptional clarity” and a deeply saturated red hue. The stone is unheated, which means it emerged from the ground like this. Natural wonder, for sure!  

I’ve written many times about Burmese stones and their standard-setting colors in both blue and red. This one thrills my gem-geek bones to the marrow.  Estimates range to about $5.5 million but, hopefully, it will go for more than that. 

There are other gorgeous stones in this auction, too, including a 3.24 blue diamond with pre-auction sales estimates of $4.8 million to $6 million. 

A 1.21 red diamond named the “Red Miracle” from a private collection is expected to fetch around $800,000.

Check back here for the auction results. I’ll be waiting.

Best wishes from your happy gem designer.

Diana