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The Largest Ruby to Come to Auction Could Fetch $30 Million

Weighing 55.22 carats, the Estrela de Fura was unveiled after the completion of a luxury sale at Sotheby’s on Wednesday in Hong Kong

Newsroom April 6 05:12

The largest ruby to appear at auction is expected to realize more than US$30 million at a Sotheby’s sale of magnificent jewels on June 8 in New York.

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Weighing 55.22 carats, the Estrela de Fura was unveiled after the completion of a luxury sale at Sotheby’s on Wednesday in Hong Kong. The ruby will soon embark on a touring exhibition to Singapore, Geneva, Dubai and other global cities.

The ruby was cut and polished in the last few months from a 101-carat raw stone unearthed in July 2022 at a ruby mine in Montepeuz, Mozambique. The mine is owned by FURA Gems, a Dubai-based colored gemstone mining and marketing company established in 2017.

more at barrons.com

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