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Burma Ruby Auction Results

Greetings, everyone. The results from Phillips Geneva Great Jewels auction are in and so many of you were intrigued by that 18-carat ruby, I decided to follow up.  The ruby was the top seller at $5.4 million or $300,000 a carat.

Phillips Auction Ruby

Next up was a 20.49 carat emerald which sold for $1.5 million, about $500,000 more than its top estimate.

Phillips Auction Emerald

Third, the “Red Miracle,” ring holding a gorgeous fancy-red 1.21 carat diamond sold for $1.1 million, which was well over the top estimate of $800,000.
Phillips Auction Red Miracle

Keeping it global…  more soon.

Diana