The Swiss voice in the world since 1935

‘Pigeon’s blood’ ruby smashes world record

Fancy a 'pigeon' ruby? This one will set you back at least CHF28 million Keystone

A rare 25.59-carat Burmese ruby sold for a world record CHF28.25 million ($30.42 million) at an auction in Geneva on Tuesday. There was strong demand for coloured stones and exceptional natural pearls, Sotheby's said.

“The Sunrise Ruby” was snapped up by an anonymous buyer after bidding by telephone by two private collectors. The ruby was from a private collection of Cartier jewels and had been estimated at CHF11.7-17.5 million.

“The ‘Sunrise Ruby’ captivated me from the moment I saw it – such an exquisite stone truly deserved the multiple-record-breaking price this evening,” said David Bennett, the chairman of Sotheby’s international jewellery division who conducted the auction.

A historic pink diamond also fetched CHF14.8 million. Graded fancy vivid pink, it is believed to have been part of the incredible jewellery collection of Princess Mathilde Bonaparte, niece of France’s Emperor Napoleon I, according to the auction house.
“The market for coloured diamonds and precious gemstones has never been stronger, and pink diamonds rank among the rarest of all,” Sotheby’s said in a statement.

A rare natural pearl necklace, composed of two graduated rows strung with a total of 78 pearls, soared to CHF6.5 million, setting a world auction record, Sotheby’s said.

In all, 453 of 484 lots found new owners, netting a total of CHF149.85 million at Sotheby’s jewellery sale.

Popular Stories

Most Discussed

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here . Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR