Half a Million Dollars per carat Ruby!

Burmese Ruby sold for $551,000 per carat only.

Ring studded with a 6.04cts. Ruby was sold for over $3.3 Million Dollars at a whooping $551,000 per carat (approx.)

The Ruby, a genuine Burmese Ruby accompanied by a certificate of Gubelin Gem Lab has broken  the world record for the highest per carat price of any Ruby or precious gemstone (including diamonds, except fancy color diamonds) ever.

Since the auction, Prices of Natural Rubies have soared throughout the world.