Christie’s will auction the Ratnaraj Ruby at its Nov. 29 Magnificent Jewels sale in Hong Kong.
The 10.05 ct. Burmese pigeon’s-blood ruby ring by Faidee is estimated at $8.8 million–$12.5 million. Ratnaraj means “king of precious stones” in ancient Sanskrit.
“Burmese rubies in recent years have been generating fervent bidding in auction rooms around the world, with the most perfectly and highly saturated rubies referred to as pigeon’s-blood,” according to a statement from Christie’s. “Only those rubies of exceptional saturation and natural red fluorescence can be deemed as pigeon’s-blood, and it is particularly rare of a ruby of this quality to appear in over 5 carats.”
(Photo courtesy of Christie’s)
News Source : JCKOnline.com