John and Laura Ramsey write: More Record Prices—Ruby this time….

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Just recently an important Burmese ruby and diamond ring was sold at Christie’s in Hong Kong. While the diamonds surrounding the ruby were nothing to discount all accounts of the sale referred to the ruby as if it were all by itself in the ring.

Counted alone the ruby went for a per-carat record of just over USD $550,000 per-carat. At 6.04 carats the total came to almost USD $3,333,000.00.

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