Home Knowledges The Most Expensive Ruby Ever Sold: Everything You Need To Know

The Most Expensive Ruby Ever Sold: Everything You Need To Know

by Madonna

Rubies, with their mesmerizing crimson hues, have captivated humanity for centuries. Beyond their stunning aesthetics, these precious gemstones hold a mystique that transcends cultures and time periods. Among the vast array of rubies, some stand out not only for their beauty but also for their exorbitant price tags. In this article, we delve into the enthralling realm of rubies to explore the crown jewel – the most expensive ruby ever sold.

Understanding the Rarity: What Makes Rubies Priceless?

Rubies, scientifically known as corundum, derive their red color from the presence of chromium. This trace element imbues the gemstone with its iconic hue, ranging from a delicate pink to a deep, rich red. The rarity of rubies is often attributed to the perfect storm of geological conditions required for their formation. The intricate dance of heat and pressure beneath the Earth’s surface gives rise to these gemstones, making each one a unique masterpiece of nature.


The allure of rubies extends beyond their scarcity; they have been revered throughout history for their cultural significance. In many civilizations, rubies symbolize passion, prosperity, and protection. The combination of scarcity and symbolism contributes to their desirability, making them one of the most sought-after gemstones in the world.


What Types of Rubies Are There?

Rubies are gemstones that belong to the corundum mineral species and are known for their vibrant red color. The different types of rubies are often categorized based on various factors, including color, origin, and clarity. Here are some common types of rubies:


1. Burmese Ruby: Rubies from Myanmar (formerly Burma) are highly prized for their intense, pure red color, often referred to as “pigeon’s blood” red. Burmese rubies are considered some of the finest and most valuable.

2. Thai Ruby: Rubies from Thailand are known for their slightly darker red hue compared to Burmese rubies. They are still highly valued and can exhibit excellent clarity.

3. African Ruby: Rubies are found in several African countries, including Mozambique, Tanzania, and Madagascar. African rubies can vary in color and quality, but some are highly regarded for their fine color and transparency.

4. Sri Lankan Ruby (Ceylon Ruby): Rubies from Sri Lanka (formerly Ceylon) are known for their lighter and often pinkish-red hues. They are valued for their brightness and clarity.

5. Pigeon’s Blood Ruby: This term is often used to describe the finest, most vivid red rubies, particularly those from Burma. The color is reminiscent of the bright red hue of a pigeon’s blood.

6. Star Ruby: Some rubies exhibit a phenomenon called asterism, where a star-like pattern of light appears on the surface of the gem when viewed under a single light source. These are known as star rubies.

7. Synthetic Ruby: With advancements in technology, synthetic or lab-created rubies have become common. These are chemically and physically identical to natural rubies but are created in a laboratory.

8. Lead Glass-Filled Ruby: Some rubies may undergo a treatment process involving filling surface-reaching fractures with lead glass to enhance their clarity and appearance. This treatment is a controversial topic in the gemstone industry.

When evaluating rubies, factors such as color, clarity, cut, and carat weight are considered. The most valuable rubies typically exhibit a rich, intense red color with few inclusions and good transparency.

See Also: [Revealed!] The Intrinsic Worth of the 8-Carat Ruby

The Journey to the Pinnacle: Tracing the Most Expensive Ruby

To comprehend the magnitude of the most expensive ruby ever sold, it’s crucial to examine the historical trajectory of ruby auctions. Over the years, various rubies have achieved record-breaking prices, captivating the attention of collectors and enthusiasts alike.

One such milestone was the auction of the Sunrise Ruby in 2015. This remarkable gem, weighing 25.59 carats, displayed a vivid pigeon blood red hue, a term reserved for the most exceptional and sought-after red rubies. The Sunrise Ruby set a new benchmark, fetching an astounding $30.42 million at Sotheby’s Geneva auction.

The record set by the Sunrise Ruby, though remarkable, was eventually eclipsed by an even more extraordinary gem. The title of the most expensive ruby ever sold currently belongs to the “Ratnaraj Ruby.” This exceptional gem, weighing an impressive 138.7 carats, emerged from the mines of Myanmar, historically renowned for producing some of the world’s finest rubies.

The Regal Charm of the Ratnaraj Ruby

The Ratnaraj Ruby’s journey begins deep within the folds of Myanmar’s Mogok Valley, a region celebrated for its rich ruby deposits. Discovered by skilled miners who navigate treacherous conditions to extract these precious gems, the Ratnaraj Ruby’s origin adds to its allure. The gem’s exceptional size and unparalleled color set it apart from other rubies, catapulting it into the upper echelons of the gemstone hierarchy.

What distinguishes the Ratnaraj Ruby from its counterparts is not just its size but the intensity and purity of its color. The term “pigeon blood red” is often employed to describe the most coveted shade of red in rubies, and the Ratnaraj Ruby embodies this description flawlessly. Its color is reminiscent of the rich hue seen in the veins of the royal gemstone – a characteristic that elevates its value to unprecedented heights.

The Auction Spectacle: Unveiling the Extraordinary Bid

The Ratnaraj Ruby made its debut on the global stage at a prestigious auction house, its presence announced by a hushed anticipation that swept through the room. The venue, adorned with opulent decor, set the stage for an auction that would etch its name in the annals of gemstone history.

As the bidding commenced, collectors, investors, and connoisseurs from around the world vied for the privilege of owning this extraordinary gem. The atmosphere was electric, with each bid sending ripples of excitement through the room. The Ratnaraj Ruby’s exceptional size and unparalleled quality fueled a bidding war that defied expectations.

In a moment that would reverberate across the gemstone world, the Ratnaraj Ruby secured its place in history with a staggering final bid. The winning bidder, whose identity remains shrouded in secrecy, committed to an unprecedented sum that shattered previous records. The ruby’s final price tag left onlookers in awe, solidifying its status as the most expensive ruby ever sold.

Cultural Significance: A Jewel in Myanmar’s Crown

For Myanmar, the Ratnaraj Ruby represents more than a lucrative transaction. It embodies the rich cultural heritage and natural wealth of the country. The gem’s prominence in the global market serves as a testament to Myanmar’s position as a leading producer of top-quality rubies, contributing to the nation’s economic and cultural legacy.

Curatorial Triumph: A Gem in Private Hands

Following the record-breaking auction, the Ratnaraj Ruby found a new home in the hands of a private collector. The gem’s mystique and historical significance add to its allure, making it a prized possession for its owner. The responsibility of safeguarding and preserving this masterpiece now rests in the hands of a fortunate individual who holds not only a gem but a piece of history.

Conclusion: The Everlasting Allure of Rubies

The journey through the world of rubies, culminating in the exploration of the most expensive ruby ever sold, unveils a narrative of rarity, beauty, and cultural significance. The Ratnaraj Ruby, with its mesmerizing color and historic auction, stands as a testament to the timeless allure of these gemstones. As long as humanity remains captivated by the ethereal beauty of rubies, their mystique will continue to inspire awe and admiration for generations to come.


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