Sotheby's to auction world's largest ruby in New York in June

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Sotheby's to auction world's largest ruby in New York in June
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HONG KONG : The largest ruby in the world to come to auction will be offered by Sotheby's in New York in June, the auction house said at a preview in Hong Kong on Monday, and is estimated to achieve more than $30 million.That would probably make the 55.22-carat gem, known as the Estrela de Fura, the most

HONG KONG : The largest ruby in the world to come to auction will be offered by Sotheby's in New York in June, the auction house said at a preview in Hong Kong on Monday, and is estimated to achieve more than $30 million.

"It is from Mozambique, which is also one of the new and more popular origins that we see for rubies, apart from the more traditional and the classic Burmese pieces," Kim added. The new stone, whose name means"Star of Fura" in Portuguese, was unearthed from mining company Fura’s ruby mine in Mozambique's northern region of Montepeuz in July 2022.

The quality and size of the gemstone"is almost unheard of", Dev Shetty, the chief executive of Fura Gems, said in a statement.

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