Notable ruby

[boerumbiddy]

This sold last month at Sotheby's in Hong Kong:
http://www.sothebys.com/en/auctions/ecatalogue/2014/magnificent-jewels-jadeite-hk0518/lot.1762.html
29.62 carats, Burmese, Cartier setting, unheated. Cannot post a picture directly.
I am not even going to bother to convert the hammer price with buyer's premium into dollars: 57,240,000 HKD (4,451,387 GBP)
Oh, well, I couldn't have imported a Burmese stone anyway.

 

[T L]

This sold yesterday at Sotheby's (along with some record-setting diamonds):
http://www.sothebys.com/en/auctions/ecatalogue/2014/magnificent-jewels-jadeite-hk0518/lot.1762.html
29.62 carats, Burmese, Cartier setting, unheated. Cannot post a picture directly.
I am not even going to bother to convert the hammer price with buyer's premium into dollars: 57,240,000 HKD (4,451,387 GBP)
Oh, well, probably couldn't have imported a Burmese stone anyway.

About 7.4 million in USD. Was it heated, and/or very included, because it's a huge ruby. Believe it or not, a ruby that size, from Burma, top color and clean, would be a lot more per carat at auction. Fine rubies are the most expensive colored gemstones.

ETA: AGL notes indicate no heating/clarity enhancement, so it was probably a bargain. Lucky buyer.

 

[boerumbiddy]

As I said in the original post, unheated. And yes, that was the auction price. Silky but not lumpy. AGL rated it exceptional.

 

[VapidLapid]

 

[T L]

As I said in the original post, unheated. And yes, that was the auction price. Silky but not lumpy. AGL rated it exceptional.

Sorry, I missed your coment that it was unheated. Bad eyes.

It's also a Cartier piece, so there is additional value in that as well.

Good price, although, not every one has $7.4 million dollars to spend on a ring.

 

[eos512]

This sold yesterday at Sotheby's (along with some record-setting diamonds):
http://www.sothebys.com/en/auctions/ecatalogue/2014/magnificent-jewels-jadeite-hk0518/lot.1762.html
29.62 carats, Burmese, Cartier setting, unheated. Cannot post a picture directly.
I am not even going to bother to convert the hammer price with buyer's premium into dollars: 57,240,000 HKD (4,451,387 GBP)
Oh, well, probably couldn't have imported a Burmese stone anyway.

About 7.4 million in USD. Was it heated, and/or very included, because it's a huge ruby. Believe it or not, a ruby that size, from Burma, top color and clean, would be a lot more per carat at auction. Fine rubies are the most expensive colored gemstones.

ETA: AGL notes indicate no heating/clarity enhancement, so it was probably a bargain. Lucky buyer.

My friend has seen this big ruby in real life. The only thing that is worth paying this huge amount money is the size. Other than that, it is not a very beautiful ruby because it is not shiny given that it is moderately included. If it has the beauty as the most famous ruby Carmen Lucia, then I will take it as a perfect buying. Anyway it is unheated and is from Burma, I wont be surprised at the price given the monster size.

 

[T L]

This sold yesterday at Sotheby's (along with some record-setting diamonds):
http://www.sothebys.com/en/auctions/ecatalogue/2014/magnificent-jewels-jadeite-hk0518/lot.1762.html
29.62 carats, Burmese, Cartier setting, unheated. Cannot post a picture directly.
I am not even going to bother to convert the hammer price with buyer's premium into dollars: 57,240,000 HKD (4,451,387 GBP)
Oh, well, probably couldn't have imported a Burmese stone anyway.

About 7.4 million in USD. Was it heated, and/or very included, because it's a huge ruby. Believe it or not, a ruby that size, from Burma, top color and clean, would be a lot more per carat at auction. Fine rubies are the most expensive colored gemstones.

ETA: AGL notes indicate no heating/clarity enhancement, so it was probably a bargain. Lucky buyer.

My friend has seen this big ruby in real life. The only thing that is worth paying this huge amount money is the size. Other than that, it is not a very beautiful ruby because it is not shiny given that it is moderately included. If it has the beauty as the most famous ruby Carmen Lucia, then I will take it as a perfect buying. Anyway it is unheated and is from Burma, I wont be surprised at the price given the monster size.

When you say it's "not shiny," then do you mean it's not very good color, and/or has poor luster????

I guess it is highly included then which would also account for the lower price per carat.

 

[eos512]

BTW i have found the picture in which my friend tried it on. As you can see from the picture, the inclusions have made the ruby a bit milky and blocked the fire .

 

[eos512]

This sold yesterday at Sotheby's (along with some record-setting diamonds):
http://www.sothebys.com/en/auctions/ecatalogue/2014/magnificent-jewels-jadeite-hk0518/lot.1762.html
29.62 carats, Burmese, Cartier setting, unheated. Cannot post a picture directly.
I am not even going to bother to convert the hammer price with buyer's premium into dollars: 57,240,000 HKD (4,451,387 GBP)
Oh, well, probably couldn't have imported a Burmese stone anyway.

About 7.4 million in USD. Was it heated, and/or very included, because it's a huge ruby. Believe it or not, a ruby that size, from Burma, top color and clean, would be a lot more per carat at auction. Fine rubies are the most expensive colored gemstones.

ETA: AGL notes indicate no heating/clarity enhancement, so it was probably a bargain. Lucky buyer.

My friend has seen this big ruby in real life. The only thing that is worth paying this huge amount money is the size. Other than that, it is not a very beautiful ruby because it is not shiny given that it is moderately included. If it has the beauty as the most famous ruby Carmen Lucia, then I will take it as a perfect buying. Anyway it is unheated and is from Burma, I wont be surprised at the price given the monster size.

When you say it's "not shiny," then do you mean it's not very good color, and/or has poor luster????

I guess it is highly included then which would also account for the lower price per carat.

I bet it is the inclusions

 

[T L]

BTW i have found the picture in which my friend tried it on. As you can see from the picture, the inclusions have made the ruby a bit milky and blocked the fire .

Well, that's a far cry from the enhanced auction house photos.

Yes, that explains the lower price, it's very sleepy/hazy. Still it's unheated and huge, but honestly, I wouldn't pay millions for that stone. I rather have a smaller one that's cleaner, with better color.

However, I bet it looks nicer in sunlight.

 

[eos512]

BTW i have found the picture in which my friend tried it on. As you can see from the picture, the inclusions have made the ruby a bit milky and blocked the fire .

Well, that's a far cry from the enhanced auction house photos.

Yes, that explains the lower price, it's very sleepy/hazy. Still it's unheated and huge, but honestly, I wouldn't pay millions for that stone. I rather have a smaller one that's cleaner, with better color.

However, I bet it looks nicer in sunlight.

I bet that it will spend most of the time in the safe box rather than being a ring on someone's finger. So probably it wont have many chances to see the sunlight. Anyway if i had millions of dollors on jews, i think i would do the same thing as you did. I would compromise the size and look for better color and clarity even it is from Mozambique.

 

[OreoRosies86]

It is a very nice color. I think my favorite ruby ring was Elizabeth Taylor's

 

[boerumbiddy]

I am enjoying my lunch of sour grapes; it turns out I didn't want that murky stone (that I can't afford) anyway! Look at all the money I saved!

 

[T L]

It is a very nice color. I think my favorite ruby ring was Elizabeth Taylor's

Now THAT was a ruby, although some people said it looked more pink in person.

 

[boerumbiddy]

I saw it at the big Cooper Hewitt exhibition of Van Cleef & Arpels jewelry shortly before her death. In my opinion, it was red, red, red! She wanted the perfect color and I think she got it.

 

[T L]

I saw it at the big Cooper Hewitt exhibition of Van Cleef & Arpels jewelry shortly before her death. In my opinion, it was red, red, red! She wanted the perfect color and I think she got it.

She was quoted as saying it was the most perfect colored gemstone she ever saw, and coming from Elizabeth Taylor, that must have been some ruby.

It was Richard Burton that searched for the "perfect red" in a ruby for years before he gave it to her. He had a great eye for gems. I often wonder if he wasn't an actor, would he have been a jeweler instead??

 

[smitcompton]

Hi,


I think its pretty included, even shown on the 1st picture. I ask, do you put that size ruby in a four prong setting? Seems , to me, it needs more prongs or a more secure setting..


Annette

 

[JewelFreak]

It's a real monster, but I wouldn't go for it either. I'd spend the money on a cleaner if smaller one.

--- Laurie

 

[cm366]

That's very interesting - the auction house photos I'd expect to be cleaned up, but even the AGL pic looks a *lot* cleaner than that hand shot. Thanks eos!

 

[psproot12]

This sold yesterday at Sotheby's (along with some record-setting diamonds):
http://www.sothebys.com/en/auctions/ecatalogue/2014/magnificent-jewels-jadeite-hk0518/lot.1762.html
29.62 carats, Burmese, Cartier setting, unheated. Cannot post a picture directly.
I am not even going to bother to convert the hammer price with buyer's premium into dollars: 57,240,000 HKD (4,451,387 GBP)
Oh, well, probably couldn't have imported a Burmese stone anyway.

About 7.4 million in USD. Was it heated, and/or very included, because it's a huge ruby. Believe it or not, a ruby that size, from Burma, top color and clean, would be a lot more per carat at auction. Fine rubies are the most expensive colored gemstones.

ETA: AGL notes indicate no heating/clarity enhancement, so it was probably a bargain. Lucky buyer.

You mean other than FCD, right? I guess those can be considered the colored gemstones. If you're interested the highest price per carat was 2.4 million for a stunning orange diamond:

http://www.gia.edu/gia-news-research-2013-auctions-shor

The ruby is slightly pinkish and is included, but at nearly 30 carats, with the prestige of the Burmese name and the overall characteristics, I still think it's a stunning stone! I would love to be a lone in a room with it... even just for a couple of minutes

 

[T L]

This sold yesterday at Sotheby's (along with some record-setting diamonds):
http://www.sothebys.com/en/auctions/ecatalogue/2014/magnificent-jewels-jadeite-hk0518/lot.1762.html
29.62 carats, Burmese, Cartier setting, unheated. Cannot post a picture directly.
I am not even going to bother to convert the hammer price with buyer's premium into dollars: 57,240,000 HKD (4,451,387 GBP)
Oh, well, probably couldn't have imported a Burmese stone anyway.

About 7.4 million in USD. Was it heated, and/or very included, because it's a huge ruby. Believe it or not, a ruby that size, from Burma, top color and clean, would be a lot more per carat at auction. Fine rubies are the most expensive colored gemstones.

ETA: AGL notes indicate no heating/clarity enhancement, so it was probably a bargain. Lucky buyer.

You mean other than FCD, right? I guess those can be considered the colored gemstones. If you're interested the highest price per carat was 2.4 million for a stunning orange diamond:

http://www.gia.edu/gia-news-research-2013-auctions-shor

The ruby is slightly pinkish and is included, but at nearly 30 carats, with the prestige of the Burmese name and the overall characteristics, I still think it's a stunning stone! I would love to be a lone in a room with it... even just for a couple of minutes

Yes, other than FCD.

 

[dzop]

I've also seen that Elizabeth Taylor ruby IRL and let me tell you, if there's a more beautiful colored stone in the world I've never seen it. Blew me the heck away.

 

[chrono]

Talk about major photograph enhancement. It's a nice enough stone and I agree that the biggest draw is the size, which also makes it impractical to wear anyway. I'd rather the comparatively smaller late Ms. E. Taylor's ruby ring any day.

 

[T L]

Talk about major photograph enhancement. It's a nice enough stone and I agree that the biggest draw is the size, which also makes it impractical to wear anyway. I'd rather the comparatively smaller late Ms. E. Taylor's ruby ring any day.

I'd wear it, despite the size.