Christies Set New Auction Record for Price per Carat for Ruby!

View the Christies Auction Catalog Entry and Photos:  
<  Ruby Record  >


There are a number of interesting things to note on the link/page above.  It does mention the Ruby Embargo (still in place for Burmese Rubys); prices paid previously for fine quality large Rubys; a quote from Tavernier regarding Ruby Pricing (see below); and much, much, more!


'When a ruby exceeds five carats, and is perfect, it is sold for whatever price is asked for it.'   -  Jean-Baptiste Tavernier, Travels in India, Vol II (1676) pp.78-79