GENEVA (AP) — A rare Burmese ruby in a platinum ring with diamonds sold for $30.3 million at auction, setting a world auction record for any ruby and for any stone by Cartier, according to Sotheby’s.

The Estrela de FURA was mined in July 2022. Courtesy of Sotheby's. Sotheby's will offer the “Estrela de FURA,” the world’s largest ruby, at an upcoming auction this summer, said the auction house in a ...

Phillips wants to help brighten up your jewelry box. The auction house is offering a dazzling selection of colored diamonds and gemstones at its Hong Kong Jewels sale on March 28. Such rarities ...

Watch auctions are divided into two categories: Patek Philippe and Rolex, which represent the bulk of the value; and everything else. Likewise, jewelry auctions fall into two camps: colored, large, or ...

The top lot is the Red Dragon, a 6.43-carat Burmese ruby and diamond ring estimated at $1 million to $1.5 million. The exceptional purplish-red color is natural (many rubies are heat-treated). It is ...

Early this week, Reuters reported that the Trump administration has been approached with two different proposals to shift U.S. engagement in the four-and-a-half-year Burmese civil war, to access ...

Myanmar's Kachin State, supplying 38% of China's rare earth imports, halted mining, causing an immediate spike in global prices. The long-term effects of this suspension might lead to scarcity, ...

The current record for a ruby sold at auction was achieved by the Sunrise Ruby. This 25.59-carat Burmese stone hammered down for $30.3 million at Sotheby’s Geneva in May 2015. This price also ...

Earlier this month, Queen Camilla wore the stunning State Diadem for the first time, and now, she's turning to another first, choosing a show-stopping piece of royal headwear from the collection of ...

The Ruby is known as the king of gemstones because of its deep red colour, rarity, high economic value, and strong historical ...