Record-breaking ruby sells for $34.8 million at auction.

1 min read
Source: CNN
Record-breaking ruby sells for $34.8 million at auction.
Photo: CNN
TL;DR Summary

The largest and most valuable ruby ever to sell at auction, a 55.22-carat stone named Estrela de Fura, has been sold for $34.8 million at Sotheby's "Magnificent Jewels" sale in New York. The ruby was discovered by Canadian firm Fura Gems at one of its mines in Mozambique and possesses "outstanding clarity" and a dark red color known as "pigeon's blood." The previous auction record for a ruby was set by the Sunrise Ruby, a 25.59-carat stone found in Myanmar that fetched $30.3 million in 2015.

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