A%2025.59%20carat%20Burmese%20ruby%20sells%20for%20record%20%2430%20million%20at%20Sotheby%5C%27s%20Geneva%20auction

A 25.59 carat ‘pigeon blood’ ruby sold for a world record $30.34 million at auction in Geneva Tuesday while a rare pink diamond believed to have once belonged to Napoleon’s niece fetched $15.9 million, Sotheby’s said. After competitive bidding, the ruby went to an anonymous telephone bidder for 28.25 million Swiss francs (27.3 million euros), with costs. The ‘Sunrise Ruby’ from Myanmar, part of a collection of Cartier jewels up for auction, had been expected to sell for between $12 million and $18 million. It set a record for a ruby and was also a record for a Cartier jewel at auction, Sotheby’s said. ‘The Sunrise Ruby sold for just over $30 million, $30.3 million, which is I think over three times the previous record, which was for the Graff Ruby,’ said David Bennett, head of Sotheby’s international jewellery division, referring to a stone sold in November. The large, pigeon-blood red ruby ‘is

Read More: A 25.59 carat Burmese ruby sells for record $30 million at Sotheby’s Geneva auction