Important $2.1 million Burmese Pigeon Red Ruby

8.66 carats, Natural, Pigeon Blood Red Ruby Ring. Photo courtesy: Sothebys

Amazing 8.66 carats, Natural, Pigeon Blood Red, cushion-shaped Ruby of Burmese origin is mounted in Platinum Ring. The Ruby is flanked by single-cut Diamonds weighing approximately 0.12 carats. The Ring was auctioned for a sum of $2.1 million, more than twice of its estimated price.

What makes this Ring really important is its history.  The Ring was owned by Isabella Stewart Gardner (1840-1924). She was a philanthropist and visionary patron of the arts whose personal collection of fine and decorative art is housed in the esteemed Boston Museum that bears her name.

A hand written letter in the Gardner family archives states,
"When Mrs Gardner's brother Charles Stewart died, he left her a legacy of $50,000...Mrs. Gardner decided she would like to buy one thing which should always be a souvenir of her brother, and finally fixed upon a ruby. A man from the Bank of England ... produced a ruby which a rajah had sent to London for sale...the price asked was more than $50,000. As she declined to give more, the ruby was elaborately locked up and returned to the bank. Months passed....rajah accepted her offer, and delivered the ruby. On the bill, the price was $55,000."

This ring is more than just a piece of jewelry. Its a constant reminder of the love between a sister and her brother. What do you think about it? Share your comments and reactions below.

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Sambhav Karnawat
K.K. Exports
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