The most expensive ruby ring sells for $6.6 million at Christie’s
The charity auction of jewels owned by the Brazilian-born billionaire Lily Safra was indeed a delight to the senses with several unique pieces of jewellery under the hammer. A spectacular ruby and diamond ring made by Chaumet happened to fetch a whopping 6.2 million francs ($6.6 million), as against the estimate of 2.8 – 4.6 million francs, a price which was a record for ruby sold at an auction. The cushion shaped red stone of this most expensive ruby ring weighed in at 32.08 carats.
Another unique and rare piece of jewelry that fetched a record price at Christie’s was a ruby flower brooch by Jar which sold for 4 million francs ($4.2), as against the estimated price of 1.4 million francs ($1.48 million). The ruby and Camellia flower brooch that weighed 173.09 carats was created for Safra in 2003.
[Christies - Ring and Brooch via Bloomberg]