AUCTION – Magnificent rubies headline Bonhams Hong Kong auction

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7.07 carat significant Burmese ruby leads sale

Hong Kong – Bonhams will present a highly anticipated auction dedicated to fine jewels this coming May.  A magnificent collection of jewellery featuring exceptional stones spanning the decades from early 20th century to modern contemporary jewellery will be sold at Bonhams Hong Kong Jewels and Jadeite sale on 28 May.

Leading the sale is an important ruby and diamond ring featuring a rare and exceptional certified Burmese rubyThe rectangular cushion-shaped mixed-cut Burmese ruby weighs 7.07 carats making it a rarity in size as well as in colour, with one gemological report stating ‘pigeons blood red’ designation and no enhancement. The ruby was reset in 2012 into its current mount of 18 karat white and yellow gold set with 8 oval diamonds, all of D colour, VVS1 to VS1 clarity, together weighing 6.01 carats, all certified by the GIA laboratory. The spectacular ring is offered with an estimate of HK$6,800,000-8,800,000.

AUCTION – Magnificent rubies headline Bonhams Hong Kong auction

Rare and exceptional certified Burmese ruby of 7.07 carats estimate of HK$6,800,000-8,800,000.

Stewart Young, Bonhams Director and Head of Jewelry, Hong Kong, said: “The forthcoming Jewels and Jadeite sale offers a selection of impressive stones. The highlight is the rare 7.07 carat ruby which is over 100 years old. There is a notable increase in demand for rubies in the marketplace, with the gemstone being highly sought after.”