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 jewelry pieces 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 a 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), 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]

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