Estrela de Fura ruby to be auctioned for $30 million Business RusLetter
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Auction house Sotheby’s will auction the Estrela de Fura ruby weighing 55.22 carats in New York in June. It is expected to sell for more than $30 million and is the largest and most valuable stone ever to come up for auction.
The ruby, found in July 2022 in Mozambique, weighed 101 carats – even when uncut, experts called it exceptional, according to Sotheby’s social networks. And the stone’s bright red hues, according to a report from the Swiss Gemological Institute (SSEF), were revealed by the cushion cut, which created “many internal reflections.”
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