Sold for $782,500 on 13 December 2011 at Christie’s in New York. Faidee was founded by Roop Chand Lunia, nicknamed the ‘King of Burmese Rubies’. Always ensure that the retailer you choose has a proven track record and is known for their reliability and trustworthiness. The history of rubies is a story rich in splendour and mystery. The history and legacy of Burmese rubies is unparalleled. 1. A ruby flower brooch by JAR. The Burmese use of Rubies traces back to 2500 BC. Famed for their unique designs and technical innovation, Etcetera’s jewels are extraordinary creations. Rubies have been coveted and prized for millennia but of all the ruby varieties, Burmese rubies stand supreme. They have been thought to act as a talisman for peace and a promise of wisdom and health for the holder. Rubies are an ancient stone, revered since history began, and as such are very powerful spiritually. In fact, the most expensive ruby, auctioned for over 30 million US dollars, is a 25.59 carat Burmese ruby known as the Sunrise Ruby. The necklace was purchased by Cartier, and became part of its extraordinary heritage collection. See it here. The most precious of these stones are characterized by a robust, rich red color that has just a slight hint of blue to add depth to its beauty. The history of rubies is a story rich in splendour and mystery. Queen Victoria recalls in her journal having received this extraordinary ruby and diamond parure from Prince Albert in 1849. The ruby came from a mine in Burma, present-day Myanmar. In general, Mozambique rubies are often less expensive than Burmese ruby while holding their own in terms of appearance and beauty. In October 1988, Sotheby’s New York offered this almost flawless 48.019-carat Burmese ruby with good transparency. Though ruby has a long history, it wasn’t recognized as a variety of corundum until 1800. Steeped in history, these precious colored stones have not only been sought after by European royalty, but they were mentioned in the Bible, worn by ancient Burmese warriors in battle, and offered to the Hindu gods as a means of improving karma. The Prince of Burma. In central Myanmar, the area of Mong Hsu began producing rubies during the 1990s and rapidly became the world's main ruby mining area. Sri Lanka has a long history with gemstones and is a great source of sapphires, rubies… A superb ruby and diamond ring by Faidee. None more so than an unheated stone weighing more than 15 carats, with near perfect crystallisation and a ‘pigeon blood’ red colour. In June 2015, however, Christie’s in Hong Kong presented a piece that was special even by Chin’s lofty standards: a necklace featuring a collection of 48 oval and cushion-shaped rubies ranging from 1.10 to 7.02 carats, all originating from Burma, all exhibiting the ‘pigeon blood’ red colour and showing no evidence of treatment. Your Ultimate Guide to Vintage Coro Jewelry. Also, high quality Burmese ruby specimens with no visible inclusions are hard to come by as these gemstones tend to have inclusions. Eight hundred years later, Burmese rubies have become so rare that they always create a stir in auction rooms. Get the best stories from Christies.com in a weekly email, *We will never sell or rent your information. An exceptional ruby and diamond ring by Cartier. It is now legal to import Burmese ruby and jade to the US. In February 2006, … Couple this with the natural red fluorescence of the gemstone and these rubies obtain a rich, highly intense infusion of color. However, in general, you can find high quality Burmese rubies priced around $10,000 per carat. Named ‘Ratnaraj’, which means ‘king of precious stones’ in Sanskrit, this ruby, which hails from the famous Mogok Valley in Burma, was mounted on a platinum and gold ring and surrounded by oval-shaped colourless diamonds. Burma (now Myanmar) is a rich source of ruby mines that has produced high quality rubies since sixteenth century. Our family has a rich history of close ties to Burma. There are a number of factors that affect the color of Burmese rubies but the two most prominent ones are the body color of the stone working with fluorescence and the inclusions in the stone. In December 2015, Christie’s Hong Kong offered such a gem, an exceptional Burmese ruby and diamond ring of 15.04 carats known as ‘The Crimson Flame’, which fetched just under $18.5 million. History and Lore Rubies symbolize power and protection. The ban lasted for 8 years, during which time finding a natural Burmese ruby became very difficult. When worn as a talisman, ruby was believed to help protect warriors in battle. This makes it virtually impossible to find a ruby that hasn’t been heat treated to enhance color and clarity. A magnificent and rare ruby ring by Bulgari. There are large deposits of rubies and the sapphires from this area are more rare. These rubies, found in Burma (present day Myanmar) provide the cream of the crop of rubies, noted primarily for their color. Just because a ruby is from Burma does not automatically mean that it is of the highest quality and therefore should be more expensive. Harry Winston Burma ruby and diamond lariat necklace, price on request.2. Rare natural pigeon blood Burmese ruby. If you aren’t sure, always check with your retailer whether any treatments have been done on your Burmese ruby. As I mentioned above, most Pigeon’s Blood rubies came from Burma. Even so, the mines have already gained a reputation for high quality ruby with some even comparable to the famed pigeon bloods of Burma. The rubies from Myanmar (formerly Burma) are found in the Mogok mining region. Ruby is gem-quality red corundum. Sometimes, lower quality Burmese rubies may be fracture filled with glass, which brings down the value of the stone. They had to insert them … The rubies are still mined by hand and are sold in the marketplace. One of the main reasons that Burmese rubies are so valuable is because of their very specific, extremely saturated colour, caused by a high chromium content in the ground from which they are extracted. Ruby is one of the most exquisite looking gemstones found in the history of the gemstone world. While the July birthstone is found all over the world, including Africa, Australia and America, rubies from Myanmar, formerly known as Burma… History. Rubies from Pyinlon on the Nawarat stone tract occur in a crystalline marble as at Mogok. The Camellia Brooch is the perfect embodiment of JAR’s appreciation of nature, replicating the beauty and texture of the flowering plant through the rarest of rubies in several cuts and sizes. It’s associated with objects of power and desire—like fast cars and red roses. Boodles ruby ring set with a pink-hued 2ct cushion-cut Burmese ruby mounted in a platinum pierced setting with diamonds. One more modern allusion to this legend is in The Wizard of Oz. This superb 10.05-carat Burmese ‘pigeon blood’ ruby ring was created by Faidee, a brand synonymous with the rarest and most sought-after gemstones. Unfortunately, these famous Burmese mines are now almost fully depleted, making Burmese rubies ever scarcer and expensive. Inclusion morphologies vary from euhedral to rounded and irregular. Inclusion minerals in these rubies are dominated by calcite, dolomite, and rutile with lesser numbers of apatite, feldspar, and probably pyrrhotite and spinel. Eight hundred years later, Burmese rubies have become so rare that they always create a stir in auction rooms. We do know that the rubies in the crown are “of Burmese origin”, because this is stated in an official two-volume history of the Crown Jewels published in 1998. Each lot produced several minutes of intense bidding before the earrings, bracelet and necklace sold for a combined total of $5.4 million. Mozambique Ruby Prices per Carat. A pair of ruby and diamond ear pendants was followed by a ruby and diamond bracelet before the pièce de résistance, a ruby and diamond necklace — all by Cartier, all gifts to the screen legend from her then husband, Mike Todd, and all featuring diamonds with rubies mined in Burma that showed no evidence of clarity enhancement. “Mogok Ruby.” They have a particular sparkle and are rich in color saturation. So, a great deal is given to minimize stone wastage while shaping or refining the rubies. A magnificent ruby and diamond necklace by Etcetera. The most famous localities for Burma Rubies are in the districts around Mogok in northern Burma and at Mong Hsu about 250km east of Mandalay. Combining the highly sought-after ‘pigeon’s blood’ red typical of old Burmese material and a high degree of transparency, which is rare in rubies, it came to auction with a pre-sale estimate of between $400,000 and $600,000. This gives a silky, soft touch to the color and increases its light performance. This makes these rubies more sought after and valuable than rubies mined from other African mines such as those mined in Tanzania, Nigeria, Malawi and Kenya. A ruby and diamond bracelet by Cartier. Always ask about the origin of the stone, and check certification and the after sales policies. The ancient Burmese prized the ruby as the stone of soldiers. Burmese villagers digging in the hope of finding precious rubies. Burmese rubies and sapphires are renowned for their beauty and splendor. When it comes to the beautiful Ruby gemstone, its stunning red color is one of the most exotic features of this gem. Sold for $14,165,000 on 20 April 2016 at Christie’s in New York. One of the rarest rubies in the world, the Prince of Burma is a large uncut ruby … Madagascan Rubies are quite new on the scene and have stones with orange and pink tints … Sold for $3,778,500 on 13 December 2011 at Christie’s in New York. The history of Burmese rubies: Myanmar, the country formerly (and still commonly) known as Burma, has been a source of rubies for more than 1,500 years, according to the Gemological Institute of America. The Jubilee Ruby, weighing 15.99 carats, is the most expensive coloured gemstone ever sold at auction in the United States. Sold for CHF 6,243,000 on 14 May 2012 at Christie’s in Geneva. Burma ruby's passionate color is just one reason for this gemstone's popularity. Burmese rubies come from Burma, a Southeast Asian country. Rubies have been coveted and prized for millennia but of all the ruby varieties, Burmese rubies stand supreme. Burmese rubies are still some of the most prized of all ruby gems. They are associated with love, passion, and power. By the late 1700s, the brilliance of the Burmese ruby became renowned to the world. The name ruby comes from the Latin word ruber, which means “red.” Prices for Burmese rubies are at a premium as the number of stones for sale is limited to items imported before the act. Many people are employed in the sector and we wouldn’t want people to lose their livelihood,” says Dev Shetty, president and chief executive of Fura Gems, a Dubai headquartered mining and marketing company. How Diamonds Are Graded – Going Beyond the 4Cs, 8 Tips to Choose the Best Oval Cut Diamond, Fashionable Jewelry for Older Ladies – A No-Nonsense Guide, Symbols of Strength and Power and What They Mean in Jewelry, Everything You Need to Know About Weiss Jewelry. However, wearing it on the left wasn’t enough. Senior International Specialist Jean-Marc Lunel remembers his excitement when he entered a bank safe in Monaco and first laid eyes on this near perfect 8.62 carat Burmese ruby, which came to be known as ‘The Graff Ruby’. We also recommend checking out Etsy for some unique and hard to find loose and mounted rubies. “Pigeon’s blood” rubies are most coveted, but the next best color is “rabbit’s blood.” In Burmese gem … Prior to that, red spinel, tourmaline, and garnet were also believed to be ruby. These stones have already exceeded diamonds in their value and are greatly sought after by collectors worldwide. A stunning natural Burmese engagement ring. Put all these factors together and you are left with a stone that is rich, dynamic and simply stunning in appearance. They had to insert them into their flesh and make them part of their bodies. We intend to share with you the story that your gemstone tells us on its very individual history and personality. Long before Marco Polo found his way to Asia, Burmese … Ruby in World History Ruby in Burmese History. Prices for Burmese rubies are at a premium as the number of stones for sale is limited to items imported before the act. In general, though, Burmese rubies tend to be the most expensive among ruby varieties. Some dealers refer to top quality rubies as “Burmese” regardless of where they were mined, although this practice is frowned upon. Burmese ruby price per carat varies depending on the location, volume and type of inclusions. These rubies, found in Burma (present day Myanmar) provide the cream of the crop of rubies, noted primarily for their color. This brooch was set with a ruby weighing 4.5 carats, originating from Burma and showing no clarity or colour enhancement. See it here. Ruby in Chinese History. Ruby in Chinese History. As a result, they make an excellent alternative if you cannot find a suitable Burmese ruby within your budget. Let’s take a look at what Burmese rubies are and if they are really worth the hype. As with all corundum, it's also extremely durable, having a hardness of 9 on the Mohs scale. Towards the end of the evening session in which many of the actress’s most iconic jewels were sold, a suite of ruby and diamond jewellery by Cartier was offered in three consecutive lots. What makes a Burmese ruby such a standout gemstone is its stunning color. Jacques Cartier had developed a deep interest in India, travelling frequently to the subcontinent, visiting many of its regions, and establishing friendships with several ruling Maharajahs. 2003: First Sanctions on Burmese Gems It went on to realise more than $1 million per carat when it sold for $10.2 million at Christie’s in Hong Kong. When only the most luscious of red rubies will do for a special jewelry setting, precious stones harvested from Burma prove nearly impossible to top. A ruby and diamond brooch/pendant. These are not recommended, especially if you are after an investment piece. Due to political reasons, the US imposed sanctions on Burma in the late 1990s, which blocked the export of rubies and other gemstones from Burma to USA and other countries. While the Burmese rubies remain unparalleled in its color and beauty, Mozambique rubies are now supplying over 30% of the world’s rubies. C omparatively speaking, the price of Mozambique ruby is relatively cheap. Ironically, this ruby was not an auction success possibly due to the economic recession. There are records of mining Burmese rubies that go back over 5 centuries. As Jewelry Shopping Guide  editors, we write about things that we love and we think you'll like too. The rubies and diamonds were set in a series of rose motifs, and if you know your English history, you’ll recognize a heraldic rose that combines white and red petals as the Tudor rose. The gemstone was formerly in the collection of Luz Mila Patiño, Countess du Boisrouvray. Corundum (1990) Corundum Richard W. Hughes | 1990. We think so! Check out our quick review comparing these retailers and more here. A model holds the 'Sunrise Ruby' (R) a Burmese ruby weighing 25.59 carats, and the 'Historic Pink Diamond', a Fancy Vivid diamond weighing 8.72 carats during an auction preview at Sotheby's auction house in Geneva, Switzerland, May 6, 2015. Ruby History and Lore. Often all that is needed to realise a genius idea is a colossal amount of time and effort, luxuries which very few can say they enjoy. As a result of its production of legendary rubies, Burma resonates with intrigue and mystery. An extraordinary ruby and diamond ring. The ‘Queen of Burma’, as it is now known, represented the relationship that existed between Cartier and Indian royalty. Joel Arthur Rosenthal, or JAR, lives an almost secluded existence in the creative universe of his atelier, producing only 70 to 80 pieces each year for an exclusive and wealthy clientele. This is a common practice and is not something to worry about. Most Burmese rubies come from the districts surrounding Mogok and Mong Hsu, regions in the north and north-east of Burma respectively. The ruby came from a mine in Burma, present-day Myanmar. (p15) Trabert & Hoeffer had formed a working partnership with the French jeweler Mauboussin from 1935 to 1953; (p9) this partnership allowed Trabert & Hoeffer access to European jewels. Thai Rubies have a reputation second only to Burmese or Myanmar rubies. Star sapphires of incredible quality have also been found in this in the locale. The Burmese people believe that rubies help protect the wearer from the 96 diseases that can afflict the human body — they definitely wanted to ensure that Elizabeth remained hale and hearty. With ever increasing prices and rarity, getting your hands on Burmese rubies these days can increasingly difficult. The history of the mines here is long, complex, and turbulent. The portrait above shows Queen Victoria Eugenia of Spain, granddaughter to Queen Victoria, wearing a ruby and diamond suite, including the ruby and diamond brooch offered at Christie’s Geneva in May 2016. Burmese or Myanmar Rubies are held in the highest esteem with the most vibrant reds and the fewest blemishes or inclusions. Sold for HK$141,800,000 on 1 December 2015 at Christie’s in Hong Kong. You’d be wrong. Mozambique Ruby Prices per Carat. In historic terms, Mogok rubies are in a class by themselves. Burmese Rubies are considered the best, for one simple reason - their color. The Mozambique mines are fairly recent, having only being discovered in 2011. They are the benchmark against which other rubies are evaluated. These mines were famous for producing about 90 percent of all pigeon blood rubies. Offered during the Jewels for Hope charitable auction of Mrs Lily Safra’s jewels organised by Christie’s in May 2012, it was purchased by a private client for just under $4.5 million — four times its pre-sale estimate. Myanmar's economy depends on agriculture for 56% of GDP, services for 35%, and industry for a minuscule 8%. To learn more about how to evaluate and buy a ruby, check out our, If you’re looking for high quality rubies, check out, Check out our quick review comparing these retailers and more. Most rubies on the market, whether Burmese or otherwise, are heat treated directly at the mines. Set in a distinctive gold and diamond mounting by Verdura, it sold for $14.2 million, which equates to $885,000 per carat. Although very difficult to compare with Burmese ruby due to the fundamental chemical … It fills its owner with power, with self-esteem and confidence, it has been the gemstone of … It can be assumed that the rubies of Mozambique will be increasingly sought after as the ruby sources of Burma continue to decrease. Gems occur in a gravel layer called byon at a depth of 20 to 100 feet. Sold for CHF 4,724,000 on 15 February 2006 at Christie’s in St. Moritz, Palace Hotel. These precious gems have been mentioned in the Bible, worn by royalty throughout human history, and believed to protect ancient warriors in … Ruby from Myanmar, tends to be the most visually stunning. Cut – Rough ruby is neither easily accessible nor affordable. Strangely, this ruby sold at the same October 1988 Sotheby’s auction in which the Mandalay Ruby failed to sell. One of the world’s most famous rubies is the Chhatrapati Manik - an oval Burmese cabochon of the very finest colour and weighing … For the first time in jewellery history an exhibition of Burmese rubies will take place in Monaco from 1-21 August. Oscar Heyman Burma ruby and diamond bracelet, $300,000.3. The rubies found in Mogok have been mined for hundreds of years. It broke all previously held records for prices of colored gemstones. The History of the Burmese Ruby. The necklace sold for $13 million, and remains to this day the most expensive ruby-set jewel ever sold at auction. Graff Ruby – A well known cushion cut Burmese ruby with a weight of 8.62 carats. Sold for CHF 4,003,000 on 14 May 2012 at Christie’s in Geneva. Other sources, such as Kenya and Afghanistan, produced the occasional stone which could stand with Burma's best, but these were exceptions. The Burmese use of Rubies traces back to 2500 BC. C omparatively speaking, the price of Mozambique ruby is relatively cheap. Most gemological authorities expect a medium to medium dark-red color tone in a ruby. The highest anyone has ever paid for a Burmese ruby has been $1 million USD per carat. If you’re looking for high quality rubies, check out James Allen who has an excellent inventory of natural rubies. Alan Caplan Ruby. These generally tend to be darker or paler and more purple than the desired red. At the time, Burmese rubies were considered the finest in the world. Rubies command higher prices per carat than any other gemstone apart from coloured diamonds — and over the years ‘pigeon blood’ stones from Burma have sparked serious excitement in Christie’s international salerooms, A ruby and diamond necklace by Cartier. The color comes from traces of chromium. A pair of ruby and diamond ear pendants by Cartier. Sold for HK$100,360,000 on 2 June 2015 at Christie’s in Hong Kong. This is the source of the world’s finest rubies. Until the discoveries in Vietnam in the late 1980's, Burmese rubies were without peer. Although Burma is now known as Myanmar, the industry still refers to these rubies as Burmese. However, you may sometimes come across rubies that are untreated, and these typically command high prices. Even today, the most valuable rubies come from Myanmar! A sensational ruby ring by Verdura. (p15) Trabert & Hoeffer had formed a working partnership with the … They’re found in river gravel or in marble created over millions of years from limestone in the belt of metamorphic rock in the area. The second main factor is the presence of miniscule inclusions that increase the dispersion of light across the surface of the gemstone. A rare Burmese ruby memorializes a philanthropic woman At 23.1 carats, the gem is one of the largest Burmese rubies in the world. In Burma (a ruby source since at least 600 AD—now called Myanmar), warriors possessed rubies to make them invincible in battle. Rubies from Burma are addressed by many names including, Mogok Ruby, Old … See it here. The most expensive ruby ever sold at an auction house, the Sunrise Ruby that fetched over 30 million US dollars in 2015, beating all previously held records. A ruby and diamond ring by Chaumet. They believed it bestowed invulnerability. Most Burmese rubies have a bluish-red body color which gives the stones a saturated, vivid appearance. Stones lighter than this are called pink sapphire. More than 20 minutes of bidding saw the final price reach the $3.6 million mark — at the time the highest price-per-carat ruby ever sold. Burmese rubies compared. Sold for CHF 5,877,000 on 11 November 2014 at Christie’s in Geneva. This keeps prices high and their demand always outweighs supply. 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