The most expensive ruby ever sold at an auction house, the Sunrise Ruby that fetched over 30 million US dollars in 2015, beating all previously held records. The ancient Burmese prized the ruby as the stone of soldiers. This brooch was set with a ruby weighing 4.5 carats, originating from Burma and showing no clarity or colour enhancement. The Jubilee Ruby, weighing 15.99 carats, is the most expensive coloured gemstone ever sold at auction in the United States. Each ruby is evaluated on a case by case basis with the focus on color, carat, clarity and other quality factors. In Chinese literature from 200 BC, mentions of Ruby exports via the North Silk Road is evident. Sold for HK$141,800,000 on 1 December 2015 at Christie’s in Hong Kong. Just because a ruby is from Burma does not automatically mean that it is of the highest quality and therefore should be more expensive. The ban lasted for 8 years, during which time finding a natural Burmese ruby became very difficult. See it here. As with all corundum, it's also extremely durable, having a hardness of 9 on the Mohs scale. Always ask about the origin of the stone, and check certification and the after sales policies. Sylva & Cie. dagger earrings with Gemfields rubies… History. Sold for HK$78,940,000 on 29 November 2016 at Christie’s in Hong Kong, HKCEC Grand Hall. “Mogok Ruby.” Burmese rubies are associated with quality because of their intense color, perfect quantities of silk, and strong fluorescence. He tells much of this history via anecdotes and personal communications, using a variety of unique Burmese … The name ruby comes from the Latin word ruber, which means “red.” Our family has a rich history of close ties to Burma. The gemstone was formerly in the collection of Luz Mila Patiño, Countess du Boisrouvray. As a result of its production of legendary rubies, Burma resonates with intrigue and mystery. The ruby came from a mine in Burma, present-day Myanmar. Although very difficult to compare with Burmese ruby due to the fundamental chemical … Check out our quick review comparing these retailers and more here. More than 20 minutes of bidding saw the final price reach the $3.6 million mark — at the time the highest price-per-carat ruby ever sold. These precious gems have been mentioned in the Bible, worn by royalty throughout human history, and believed to protect ancient warriors in battle. The second main factor is the presence of miniscule inclusions that increase the dispersion of light across the surface of the gemstone. Ruby in Chinese History. This superb 10.05-carat Burmese ‘pigeon blood’ ruby ring was created by Faidee, a brand synonymous with the rarest and most sought-after gemstones. Here are 8 Things to Know About Burmese Ruby if You Want to Buy Burmese or Myanmar Rubies are held in the highest esteem with the most vibrant reds and the fewest blemishes or inclusions. The first exhibition of Burmese rubies has already closed its doors, but talk of it will continue for a long time. Burmese ruby has a specific gravity … The rubies found in Mogok have been mined for hundreds of years. Though these lacked the rich red hue of traditional Burmese rubies, they were treated with heat to improve saturation and transparency. Miners recover them by washing and screening with broad screens, then handpicking promising pebbles. According to folklore, rubies were gifts for giving superior strength to warriors. That remarkable radiance—caused by any ultraviolet light, including UV rays from the sun—has given rubies a special place in history. Joel Arthur Rosenthal, or JAR, lives an almost secluded existence in the creative universe of his atelier, producing only 70 to 80 pieces each year for an exclusive and wealthy clientele. It can be assumed that the rubies of Mozambique will be increasingly sought after as the ruby sources of Burma continue to decrease. Sold for $14,165,000 on 20 April 2016 at Christie’s in New York. 2003: First Sanctions on Burmese Gems The existence of rubies in Burma was brought to the attention of Europeans by explorer Marco Polo in the 13th century. The Burmese people believe that rubies help protect the wearer from the 96 diseases that can afflict the human body — they definitely wanted to ensure that Elizabeth remained hale and hearty. Mandalay Ruby. One of the rarest rubies in the world, the Prince of Burma is a large uncut ruby … There are records of mining Burmese rubies that go back over 5 centuries. History and Lore Rubies symbolize power and protection. They’re found in river gravel or in marble created over millions of years from limestone in the belt of metamorphic rock in the area. Burmese rubies, known for their clarity and deep red hue, command premium prices in the marketplace. These stones have already exceeded diamonds in their value and are greatly sought after by collectors worldwide. We think so! A stunning natural Burmese engagement ring. The ‘Hope Ruby’ took its name after being sold in the Jewels for Hope charitable auction in May 2012. To commemorate the 50th anniversary of The Wizard of Oz, Harry Winston created real ruby slippers set with 4,600 rubies. The history of the mines here is long, complex, and turbulent. The Burmese people believe that rubies help protect the wearer from the 96 diseases that can afflict the human body — they definitely wanted to ensure that Elizabeth remained hale and hearty. The Collection of Elizabeth Taylor auction in December 2011 was an historic moment for Christie’s, not to mention the wider auction world. The highest anyone has ever paid for a Burmese ruby has been $1 million USD per carat. By the late 1700s, the brilliance of the Burmese ruby became renowned to the world. They believed it bestowed invulnerability. Sri Lanka has a long history with gemstones and is a great source of sapphires, rubies… Burmese Rubies are considered the best, for one simple reason - their color. It went on to realise more than $1 million per carat when it sold for $10.2 million at Christie’s in Hong Kong. This gives a silky, soft touch to the color and increases its light performance. Each lot produced several minutes of intense bidding before the earrings, bracelet and necklace sold for a combined total of $5.4 million. As a result, they make an excellent alternative if you cannot find a suitable Burmese ruby within your budget. A rare Burmese ruby memorializes a philanthropic woman At 23.1 carats, the gem is one of the largest Burmese rubies in the world. Inclusion morphologies vary from euhedral to rounded and irregular. Thai Rubies have a reputation second only to Burmese or Myanmar rubies. This is why if you come across an untreated Burmese ruby with no visible inclusions, you’ll have to be prepared to shell out some serious cash. Burmese rubies have a particularly intense color and fluorescence that stands out among other rubies, making them among the most popular in the marketplace. Other sources, such as Kenya and Afghanistan, produced the occasional stone which could stand with Burma's best, but these were exceptions. Myanmar's economy depends on agriculture for 56% of GDP, services for 35%, and industry for a minuscule 8%. Strangely, this ruby sold at the same October 1988 Sotheby’s auction in which the Mandalay Ruby failed to sell. The rubies are still mined by hand and are sold in the marketplace. A ruby and diamond ring by Chaumet. Famed for their unique designs and technical innovation, Etcetera’s jewels are extraordinary creations. Most Burmese rubies come from the districts surrounding Mogok and Mong Hsu, regions in the north and north-east of Burma respectively. Mejuri Jewelry Guide – Is It Worth Your Money? Mozambique Ruby Prices per Carat. Sold for CHF 5,877,000 on 11 November 2014 at Christie’s in Geneva. It fills its owner with power, with self-esteem and confidence, it has been the gemstone of … Named after Alan Caplan, a famous mineralogist and gemstone dealer, this magnificent 15.97 carat Burmese ruby brought $3.63 million or $227,301 per carat. Star sapphires of incredible quality have also been found in this in the locale. The top lot of the night was a 32.08 carat cushion-shaped Burmese ruby and diamond ring by Chaumet, which sold for more than $6.7 million —  a new world record price for any ruby sold at auction. The existence of rubies in Burma was brought to the attention of Europeans by explorer Marco Polo in the 13th century. - Courtesy Harry Winston Red is the color of our most intense emotions—love and anger, passion and fury. The necklace sold for $13 million, and remains to this day the most expensive ruby-set jewel ever sold at auction. Most gemological authorities expect a medium to medium dark-red color tone in a ruby. Burmese rubies are still some of the most prized of all ruby gems. The rubies and diamonds were set in a series of rose motifs, and if you know your English history, you’ll recognize a heraldic rose that combines white and red petals as the Tudor rose. One of the world’s most famous rubies is the Chhatrapati Manik - an oval Burmese cabochon of the very finest colour and weighing … If you’re looking for high quality rubies, check out James Allen who has an excellent inventory of natural rubies. Many people are employed in the sector and we wouldn’t want people to lose their livelihood,” says Dev Shetty, president and chief executive of Fura Gems, a Dubai headquartered mining and marketing company. Sold for CHF 4,003,000 on 14 May 2012 at Christie’s in Geneva. The Burmese use of Rubies traces back to 2500 BC. © 2018 JEWELRYSHOPPINGGUIDE.COM ALL RIGHT RESERVED |, ENGAGEMENT RINGS, WEDDING RINGS AND WEDDING BAND, WHAT JEWELRY TO WEAR WITH YOUR WEDDING DRESS. In Burma Ruby, Dr. Samuels looks at the Mogok mines from the local perspective, in contrast to the occidental histories put together by the “noble enterprise” of colonialism. These rubies, found in Burma (present day Myanmar) provide the cream of the crop of rubies, noted primarily for their color. Alan Caplan Ruby. You’d be wrong. They are the benchmark against which other rubies are evaluated. With ever increasing prices and rarity, getting your hands on Burmese rubies these days can increasingly difficult. The history of rubies is a story rich in splendour and mystery. This makes these rubies more sought after and valuable than rubies mined from other African mines such as those mined in Tanzania, Nigeria, Malawi and Kenya. However, it wasn’t enough to just wear the rubies. Rubies have been coveted and prized for millennia but of all the ruby varieties, Burmese rubies stand supreme. Even so, you would think a stone of this color and quality would sell. The rubies from Myanmar (formerly Burma) are found in the Mogok mining region. This, combined with their lack of internal cracks due to the intense pressure under which they were formed, makes them easier for jewelers to work with and naturally predisposed for jewelry. Burmese Ruby is known the world over to be the most exquisite & expensive of all Rubies, commanding as much as $13k per carat for the finest 'pigeon blood … Corundum originates in metamorphic marbles that have largely weathered away. Rubies from Thailand are exceptional quality with distinctly darker hues, tinted with brown and burgundy. Ruby from Myanmar, tends to be the most visually stunning. In June 2015, however, Christie’s in Hong Kong presented a piece that was special even by Chin’s lofty standards: a necklace featuring a collection of 48 oval and cushion-shaped rubies ranging from 1.10 to 7.02 carats, all originating from Burma, all exhibiting the ‘pigeon blood’ red colour and showing no evidence of treatment. Rubies command higher prices per carat than any other gemstone apart from coloured diamonds — and over the years ‘pigeon blood’ stones from Burma have sparked serious excitement in Christie’s international salerooms, A ruby and diamond necklace by Cartier. Sold for CHF 365,000 on 18 May 2016 at Christie’s in Geneva. Though ruby has a long history, it wasn’t recognized as a variety of corundum until 1800. These mines were famous for producing about 90 percent of all pigeon blood rubies. Rubies have a hardness of 9.0 on the Mohs scale of mineral hardness.Among the natural gems only moissanite and diamond are harder, with diamond having a Mohs hardness of 10.0 and moissanite falling somewhere in between corundum (ruby) and diamond in hardness. We also recommend checking out Etsy for some unique and hard to find loose and mounted rubies. C omparatively speaking, the price of Mozambique ruby is relatively cheap. Just because a ruby is from Burma does not automatically mean that it is of the highest quality and therefore should be more expensive. The most recently found ruby deposit in Myanmar is in Namya … Couple this with the natural red fluorescence of the gemstone and these rubies obtain a rich, highly intense infusion of color. It’s associated with objects of power and desire—like fast cars and red roses. The Prince of Burma. They had to insert them … Discover the history of ruby through the ages and the importance of this beautiful gemstone in the role it's played in many cultures across the globe. Ironically, this ruby was not an auction success possibly due to the economic recession. Most rubies on the market, whether Burmese or otherwise, are heat treated directly at the mines. Madagascan Rubies are quite new on the scene and have stones with orange and pink tints … See it here. This refers to vivid, beautifully saturated gemstones of a color reminiscent of the blood of pigeons that are among the most highly priced and the most sought after. The history of Burmese rubies: Myanmar, the country formerly (and still commonly) known as Burma, has been a source of rubies for more than 1,500 years, according to the Gemological Institute of America. Inclusion minerals in these rubies are dominated by calcite, dolomite, and rutile with lesser numbers of apatite, feldspar, and probably pyrrhotite and spinel. Eight hundred years later, Burmese rubies have become so rare that they always create a stir in auction rooms. The Burmese use of Rubies traces back to 2500 BC. There are a number of factors that affect the color of Burmese rubies but the two most prominent ones are the body color of the stone working with fluorescence and the inclusions in the stone. If you aren’t sure, always check with your retailer whether any treatments have been done on your Burmese ruby. For the first time in jewellery history an exhibition of Burmese rubies will take place in Monaco from 1-21 August. Burmese rubies come from Burma, a Southeast Asian country. Graff Ruby – A well known cushion cut Burmese ruby with a weight of 8.62 carats. Ruby is gem-quality red corundum. “Pigeon’s blood” rubies are most coveted, but the next best color is “rabbit’s blood.” In Burmese gem … In December 2015, Christie’s Hong Kong offered such a gem, an exceptional Burmese ruby and diamond ring of 15.04 carats known as ‘The Crimson Flame’, which fetched just under $18.5 million. The history and legacy of Burmese rubies is unparalleled. Long before Marco Polo found his way to Asia, Burmese … These precious gems have been mentioned in the Bible, worn by royalty throughout human history, and believed to protect ancient warriors in … To learn more about how to evaluate and buy a ruby, check out our complete ruby buying guide. Ruby in Chinese History. However, in general, you can find high quality Burmese rubies priced around $10,000 per carat. C omparatively speaking, the price of Mozambique ruby is relatively cheap. Even so, the mines have already gained a reputation for high quality ruby with some even comparable to the famed pigeon bloods of Burma. The Burmese ruby gemstone has garnered this reputation and name due to its distinguishing characteristics such as top-notch color, cuts, and treatments.. One of the main reasons that Burmese rubies are so valuable is because of their very specific, extremely saturated colour, caused by a high chromium content in the ground from which they are extracted. It broke all previously held records for prices of colored gemstones. Also, high quality Burmese ruby specimens with no visible inclusions are hard to come by as these gemstones tend to have inclusions. The history and legacy of Burmese rubies is unparalleled. When worn as a talisman, ruby was believed to help protect warriors in battle. The Mozambique mines are fairly recent, having only being discovered in 2011. According to folklore, rubies were gifts for giving superior strength to warriors. Faidee was founded by Roop Chand Lunia, nicknamed the ‘King of Burmese Rubies’. A pair of ruby and diamond ear pendants was followed by a ruby and diamond bracelet before the pièce de résistance, a ruby and diamond necklace — all by Cartier, all gifts to the screen legend from her then husband, Mike Todd, and all featuring diamonds with rubies mined in Burma that showed no evidence of clarity enhancement. Set in a distinctive gold and diamond mounting by Verdura, it sold for $14.2 million, which equates to $885,000 per carat. It could be said that Faidee has shaken up the jewellery industry, proving that even the impossible is possible. The record of ruby mining in Burma (Myanmar now) can be traced before the biblical verses on Ruby. Burma (now Myanmar) is a rich source of ruby mines that has produced high quality rubies since sixteenth century. Five generations have passed since our family mined rubies in Mogok, but we still have strong connections with ruby sources in the country. insights and findings for the 5.79 ct Burmese ruby, disclosing some of its microscopic, chemical and structural characteristics, and providing you with valuable information about its genesis and origin. In central Myanmar, the area of Mong Hsu began producing rubies during the 1990s and rapidly became the world's main ruby mining area. It soared past its pre-sale estimate of CHF 50,000-80,000, before selling for CHF 365,000. Privacy Policy, A pair of ruby and diamond ear pendants by Cartier, A magnificent ruby and diamond necklace by Etcetera, a necklace featuring a collection of 48 oval and cushion-shaped rubies, 10.05-carat Burmese ‘pigeon blood’ ruby ring was created by Faidee, An exceptional ruby and diamond ring by Cartier, A magnificent and rare ruby ring by Bulgari. Burmese rubies and sapphires are renowned for their beauty and splendor. Cut – Rough ruby is neither easily accessible nor affordable. When ruby prices are considered carefully alongside quality, stones from this particular region tend to live up to their cost. These are not recommended, especially if you are after an investment piece. Put all these factors together and you are left with a stone that is rich, dynamic and simply stunning in appearance. Sold for CHF 6,243,000 on 14 May 2012 at Christie’s in Geneva. Sri Lanka has a long history with gemstones and is a great source of sapphires, rubies, and other gemstones. These generally tend to be darker or paler and more purple than the desired red. An extraordinary ruby and diamond ring. In Sanskrit, the ruby is called Ratnaraj or King of Precious Stones. Burmese ruby value can vary based on the quality of the individual stone in question. Senior International Specialist Jean-Marc Lunel remembers his excitement when he entered a bank safe in Monaco and first laid eyes on this near perfect 8.62 carat Burmese ruby, which came to be known as ‘The Graff Ruby’. Queen Victoria Eugenia of Spain was the daughter of Princess Beatrice, youngest child of Queen Victoria, who stayed by her mother’s side until her death in 1901. The demand for Burmese rubies has existed for centuries. This is a common practice and is not something to worry about. Harry Winston Burma ruby and diamond lariat necklace, price on request.2. Rubies from Pyinlon on the Nawarat stone tract occur in a crystalline marble as at Mogok. Until the discoveries in Vietnam in the late 1980's, Burmese rubies were without peer. Sold for CHF 4,724,000 on 15 February 2006 at Christie’s in St. Moritz, Palace Hotel. Mozambique Ruby Prices per Carat. When it comes to the beautiful Ruby gemstone, its stunning red color is one of the most exotic features of this gem. At the time, Burmese rubies were considered the finest in the world. The ruby came from a mine in Burma, present-day Myanmar. Some dealers refer to top quality rubies as “Burmese” regardless of where they were mined, although this practice is frowned upon. Combining the highly sought-after ‘pigeon’s blood’ red typical of old Burmese material and a high degree of transparency, which is rare in rubies, it came to auction with a pre-sale estimate of between $400,000 and $600,000. Get the best stories from Christies.com in a weekly email, *We will never sell or rent your information. There are large deposits of rubies and the sapphires from this area are more rare. Each ruby is evaluated on a case by case basis with the focus on color, carat, clarity and other quality factors. The history of Myanmar (also known as Burma; Burmese: မြန်မာ့သမိုင်း) covers the period from the time of first-known human settlements 13,000 years ago to the present day.The earliest inhabitants of recorded history were a Tibeto-Burman-speaking people who established the Pyu city-states ranged as far south as Pyay and adopted Theravada Buddhism. Sold for $3,778,500 on 13 December 2011 at Christie’s in New York. A model holds the 'Sunrise Ruby' (R) a Burmese ruby weighing 25.59 carats, and the 'Historic Pink Diamond', a Fancy Vivid diamond weighing 8.72 carats during an auction preview at Sotheby's auction house in Geneva, Switzerland, May 6, 2015. The Camellia Brooch is the perfect embodiment of JAR’s appreciation of nature, replicating the beauty and texture of the flowering plant through the rarest of rubies in several cuts and sizes. In February 2006, … Oscar Heyman Burma ruby and diamond bracelet, $300,000.3. Many people are employed in the sector and we wouldn’t want people to lose their livelihood,” says Dev Shetty, president and chief executive of Fura … When only the most luscious of red rubies will do for a special jewelry setting, precious stones harvested from Burma prove nearly impossible to top. A ruby and diamond bracelet by Cartier. Often all that is needed to realise a genius idea is a colossal amount of time and effort, luxuries which very few can say they enjoy. Gems occur in a gravel layer called byon at a depth of 20 to 100 feet. Queen Victoria recalls in her journal having received this extraordinary ruby and diamond parure from Prince Albert in 1849. A ruby and diamond brooch/pendant. Beautiful Burmese ruby listed as having ‘no indication of heating’. Better than diamonds? A pair of ruby and diamond ear pendants by Cartier. Corundum (1990) Corundum Richard W. Hughes | 1990. They had to insert them into their flesh and make them part of their bodies. The ‘Queen of Burma’, as it is now known, represented the relationship that existed between Cartier and Indian royalty. 1. They have a particular sparkle and are rich in color saturation. Burmese Sapphire Giants • Large Burma Sapphire A brief history of Burmese (Myanmar) sapphires, along with details of some of the major pieces of yore. Prices for Burmese rubies are at a premium as the number of stones for sale is limited to items imported before the act. Steeped in history, these precious colored stones have not only been sought after by European royalty, but they were mentioned in the Bible, worn by ancient Burmese warriors in battle, and offered to the Hindu gods as a means of improving karma. Ruby is one of the most exquisite looking gemstones found in the history of the gemstone world. Smooth as silk While the July birthstone is found all over the world, including Africa, Australia and America, rubies from Myanmar, formerly known as Burma… The History of the Burmese Ruby. Burmese rubies compared. In historic terms, Mogok rubies are in a class by themselves. The history of rubies is a story rich in splendour and mystery. So, a great deal is given to minimize stone wastage while shaping or refining the rubies. While the Burmese rubies remain unparalleled in its color and beauty, Mozambique rubies are now supplying over 30% of the world’s rubies. We intend to share with you the story that your gemstone tells us on its very individual history and personality. Eight hundred years later, Burmese rubies have become so rare that they always create a stir in auction rooms. Export products include rice, oil, Burmese teak, rubies, jade, and also 8% of the world's total illegal drugs, mostly opium and methamphetamines. Stones lighter than this are called pink sapphire. Most Burmese rubies come from the districts surrounding Mogok and Mong Hsu, regions in the north and north-east of Burma respectively. Rubies are an ancient stone, revered since history began, and as such are very powerful spiritually. The Collection of Mrs Lily Safra, featuring storied jewels of most remarkable quality, was 100 per cent sold, realising $37,924,551. We do know that the rubies in the crown are “of Burmese origin”, because this is stated in an official two-volume history of the Crown Jewels published in 1998. They are associated with love, passion, and power. In general, Mozambique rubies are often less expensive than Burmese ruby while holding their own in terms of appearance and beauty. Rare natural pigeon blood Burmese ruby. Sold for HK$100,360,000 on 2 June 2015 at Christie’s in Hong Kong. In general, though, Burmese rubies tend to be the most expensive among ruby varieties. These famed mines in Burma are almost mined out, which makes Burmese rubies very rare. Rubies tend to have significant inclusions, so eye clean specimens are rare. An exceptional ruby and diamond ring by Cartier. To learn more about how to evaluate and buy a ruby, check out our, If you’re looking for high quality rubies, check out, Check out our quick review comparing these retailers and more. In 2008 Congress passed an act that banned the importation of Burmese jade and ruby into the United States. Beautiful Burmese ruby listed as having ‘no indication of heating’. Offered during the Jewels for Hope charitable auction of Mrs Lily Safra’s jewels organised by Christie’s in May 2012, it was purchased by a private client for just under $4.5 million — four times its pre-sale estimate. The most precious of these stones are characterized by a robust, rich red color that has just a slight hint of blue to add depth to its beauty. For giving superior strength to warriors thai rubies have become so rare that they always create a stir in rooms! 4.5 carats, is the presence of miniscule inclusions that increase the dispersion of light across the surface the... 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