Results 1 to 4 of 4
  1. #1
    Mid
    Mid is offline
    Thailand Expat
    Mid's Avatar
    Join Date
    Aug 2007
    Last Online
    @
    Posts
    1,415

    Burmese Ruby : 6.29ct. Ruby Ring Fetches $1.3M at Auction

    Alice Appleton Hay Collection Nets $9M
    Jeff Miller
    Apr 14, 2011

    6.29ct. Ruby Ring Fetches $1.3M at Auction

    RAPAPORT... Doyle New York auctioned an important 6.29-carat Burma ruby for well-above estimate at $1.32 million during its Alice Appleton Hay estate jewelry sale on April 13. The auction of estate jewels totaled more than $9 million, far exceeding the presale estimate of $4 million to $6 million.



    The ruby and diamond platinum ring signed by Cartier (pictured) held a presale price of $60,000 to $80,000 and featured one octagonal-cut ruby flanked by two baguette diamonds approximately 1.30 total carat weight. The GIA report stated that the ruby was of Burma (Myanmar) origin and that it held no indication of heating.

    A rare gold pocket watch and perfume sprinkler in the form a miniature flintlock pistol achieved $482,500, also well-above estimate of $100,000 to $150,000. Additionally, an antique diamond Currant Leaf en pampille brooch, circa 1850, sold for $332,500.

    diamonds.net

  2. #2
    Cabaged Member
    Chittychangchang's Avatar
    Join Date
    Nov 2013
    Last Online
    @
    Location
    thailand and UK
    Posts
    7,560
    Burmese rubies are surpassing diamonds at the moment for investment value.Anyone got any experience in buying them in Myanmar?

  3. #3
    Thailand Expat
    Bower's Avatar
    Join Date
    Sep 2009
    Last Online
    Yesterday @ 06:06 PM
    Location
    South coast UK
    Posts
    3,006
    I have bought them there in the past, nothing super large but good colour and untreated. I wouldn’t risk it now, too many crooked ‘experts’ and you don’t want to be caught at Yangon airport without a government authorised receipt.

  4. #4
    Thailand Expat
    Wilsonandson's Avatar
    Join Date
    Apr 2017
    Last Online
    Today @ 10:16 AM
    Posts
    2,218
    Found an interesting webpage about the TEN MOST EXPENSIVE RUBIES SOLD AT AUCTION.

    1. The Sunrise Ruby – A 25.59-carat Mogok Burmese Ruby and Diamond Ring, by Cartier – $30,335,698

    $1,185,451 per carat

    Sotheby’s Geneva, May 2015

    Ruby 1
    Set with a cushion-shaped ruby weighing 25.59 carats, between shield-shaped diamonds weighing 2.47 and 2.70 carats, signed Cartier. Accompanied by SSEF report no. 78414 and Gübelin report no. 15020105, each stating that the ruby is of Burmese origin, with no indications of heating, ‘pigeon blood colour’, together with appendix letters; together with gemmological reports for the diamonds.



    Ten Most Expensive Rubies Sold at Auction ? Jewels du Jour

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •