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Rare ruby from Mozambique sells for record $35m

Fri, Jun 9 2023 12:15 PM
in Ghana General News, News
rare ruby from mozambique sells for record 35m
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The biggest ruby ever to come to auction has been sold in New York for a record sum of just under $35m (£28m).

The stone, a whopping 55.22 carats, was discovered last year in a mine in Mozambique.

Uncut it was 101 carats. It has been called the “Estrela de Fura” meaning “Star of Fura” in Portuguese. The name refers to the company that mined the stone.

Rare ruby from Mozambique sells for record $35m

Polished rubies of more than five carats are extremely rare.

Sotheby’s, who auctioned the gem, described it as a “once-in-a-lifetime” jewel.

The same auction also saw a record sum achieved for a pink diamond.

The 10.5 carat gem from Botswana – described as a fancy purplish-pink stone – sold for just under $35m.

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