Pink diamond and ruby make historical past as they fetch £28 million every at public sale

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52 carat ruby and a pink diamond have set two world public sale information after they went underneath the hammer for almost £28 million every.

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The 55.22 carat Mozambique ruby, named the Estrela de Fura 55.22, bought for 34.8 million {dollars} (£27,723,420) throughout Sotheby’s Magnificent Jewels sale in New York on Thursday – setting a brand new world public sale report for a ruby in addition to for any colored gemstone.

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The report was beforehand held by the Sunrise Ruby, a 25.59 carat Burmese stone, which bought for 30.3 million {dollars} (£24,148,191) at Sotheby’s Geneva in May 2015.

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The ruby was not too long ago reduce from a 101 carat tough found at a ruby mine in Mozambique in July 2022, one of many largest ruby deposits on the earth.

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The public sale home has stated that rubies of this magnitude are “exceedingly rare”, with solely two examples beforehand hitting the 15 million greenback (£11,951, 250) mark.

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A ten.57 carat pink diamond, dubbed The Eternal Pink, additionally achieved 34.8 million {dollars} at public sale on Thursday, establishing a world public sale report for a “fancy purplish-pink diamond”.

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Sotheby’s has described it because the “most vivid pink diamond to ever come to market”.

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The report was beforehand held by a ten.64 carat fancy vivid purplish-pink diamond which bought for 19.9 million {dollars} (£15,857,116) at Sotheby’s Hong Kong in 2019.

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Quig Bruning, head of Sotheby’s Jewellery within the Americas, stated: “Today, we witnessed the historic sale of not one, but two of the most exquisite and important diamonds and gemstones to ever hit the auction block.

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“It’s difficult to express the range of emotions I felt when I first laid eyes on the Estrela de Fura 55.22, but to put it simply, I was entranced.

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“With its unprecedented size, piercing colour and rare degree of optical transparency and clarity, it truly deserved the record-breaking price today, as it now joins the ranks of the world’s most legendary gemstones.”

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Reflecting on the pink diamond’s achievement, he added: “It was equally an honour to have handled a diamond as breathtaking and extraordinary in nature as The Eternal Pink, and its price today reaffirms that Sotheby’s is the premier destination for the world’s rarest diamond creations.

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“I proudly speak on behalf of the global jewellery department at Sotheby’s when I say how truly privileged we are to have been a steward of these ultra-rare gems and today’s results are further proof that there is continued demand for the finest diamonds and gemstones of the very highest order.”

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