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Reading: Rare ruby from Mozambique sells for record Sh4.9 billion
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Home » News » Rare ruby from Mozambique sells for record Sh4.9 billion

Rare ruby from Mozambique sells for record Sh4.9 billion

Last updated: June 9, 2023 10:22 am
Daniel Kiptoo Bargoria 3 years ago
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Known as "The Estrela de Fura", meaning "Star of Fura", it was cut from a 101-carat rough rubyImage caption: Known as "The Estrela de Fura", meaning "Star of Fura", it was cut from a 101-carat rough ruby
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The biggest ruby ever to come to auction has been sold in New York for a record sum of just under $35 million (Sh4.9 billion).

The stone, a whopping 55.22 carats, was discovered last year in a mine in Mozambique.

Uncut it was 101 carats. It has been called the “Estrela de Fura” meaning “Star of Fura” in Portuguese. The name refers to the company that mined the stone.

Polished rubies of more than five carats are extremely rare.

Sotheby’s, who auctioned the gem, described it as a “once-in-a-lifetime” jewel.

The same auction also saw a record sum achieved for a pink diamond.

The 10.5 carat gem from Botswana – described as a fancy purplish-pink stone – sold for just under $35m.

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