RAPAPORT... A 15.99-carat
Burmese ruby sold for $14.2 million at Christie’s New York Magnificent Jewels auction in New
York on April 20.
The oval-shaped stone within a circular-cut diamond and
polished gold surround, known as the ‘Jubilee Ruby’, fetched $885,866 per
carat, according to Christie’s website. The item, which was estimated at $12
million to $15 million, was the highlight of the auction. The auction realized a total of $57 million.
The sale also included a cushion modified brilliant-cut, 10.07-carat, fancy intense
purple-pink diamond. Bought
for $2 million in 2007, this went for $8.8 million, or $878,352 per carat. Christie’s
also sold a round brilliant-cut, 40.43-carat, D-color, flawless diamond for
$7.2 million, or $178,605 per carat.
The result comes after Sotheby’s failed
to sell its lead item, Shirley Temple’s 9.54-carat blue diamond, at its
Magnificent Jewels auction in the U.S. city on April 19. Sotheby's sold
$29.9 million worth of jewels in total.
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