If there is any truth to the narrative that millennials are ruining the diamond market it was not a memo that was received by the person who purchased this ring for a record price of 83 million which became the most expensive amount a person ever paid for a ring.
Most expensive ruby ring in the world.
Here are five of the of the most expensive ruby jewelry pieces ever sold at auction and a little information about each of them.
While this isn t the first time that a ruby commanded such an amount here s a look at other rubies that are considered to be amongst the most expensive ever sold.
15 99ct burmese ruby ring by verdura.
Priced at 23 2 million.
The ruby is of burmese origin and features.
The ring is all about the famous pink diamond of 59 6 carats that were extracted from the mines of debeers in africa.
Above we featured the diamond as one of the most expensive gemstones and coming in at number 1 with a price tag of over 1 million per carat is the red diamond.
It is also known as the jubilee ruby.
Originally the diamond weighed 132 5 carats but was later cut and polished to its present weight.
At over 10 carats bigger than it s main rival the sunrise is a truly exceptional ruby.
Sold by sotheby s at their may 2015 geneva auction this extraordinary ring broke records and likely a few hearts.
It set a record as the most expensive colored gemstone ever sold at a us jewelry auction.
It has a 14 23 carat intense pink diamond which is rare due to the singular tinge and perfect colour cut and clarity as well as the fact that less than 10 of pink diamonds are of over 0 20 carats.
At an estimated price of 72 million dollars the pink star diamond ring is of the most expensive jewelry in the world.
There are several factors that can contribute to a ruby s high price.
Weighing 25 59 karats the sunrise ruby fetched a record 30 42 million at sotheby s auction in geneva in 2015.
The most expensive ruby in the world the sunrise ruby 30 335 698 this burmese ruby of 25 59 carats adorned with diamonds and mounted in a ring by maison cartier holds the world record for a burmese ruby.
April 2016 a 15 99ct oval cut burmese ruby ring made by verdura sold for 14 16 million at christie s new york.
Pink star diamond ring 83 million.
The cheapest of these items the 12 46 carat burmese ruby and diamond ring sold for just 3 721 415 while the most expensive piece the 10 10 carat mogok burmese ruby and diamond cartier brooch brought in 8 428 127.
Most expensive rings in the world 1.
The ruby orignated from mogok in myanmar burma.
The sunrise ruby is the world s most expensive ruby and for just over six months it also held the title of highest price per carat before being beaten by the crimson flame.