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Estrela de Fura, the largest gem-quality ruby , fetches $34.8 million at Sotheby’s auction

Sotheby’s fetched record prices for a ruby and pink diamond at its June 9 Magnificent Jewels sale in New York City.

The 55.22 ct. Estrela de Fura, the largest gem-quality ruby ever to come to auction, sold for $34.8 million to a private Middle Eastern collector—topping its $30 million estimate and setting a world auction record for any colored gemstone.

The Estrela de Fura, which translates to “Star of Fura,” was cut from a 101 ct. ruby. The original stone was unearthed at Fura Gems’ ruby mine in Montepuez, Mozambique, in July 2022.

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