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'crest jewel') is a divine ruby or ratnam (gem) in Hindu mythology. [1] This gem is in the possession of Vishnu, granting him the epithet of Kaustubhadhari. It is believed in Hindu scriptures to be the most magnificent ratnam in all of creation, at the time of the churning of the ocean, and acts as a symbol of divine authority. [2]
The Sunrise Ruby greatly surpassed the previous record holder, the Graff ruby ring, which sold for US$8.6 million in November 2014. [4] [12] Its record-setting price has been attributed to the rapid increase in prices for coloured gemstones and public auctions, with figures often "rivaling the performance of the much-sought-after colored ...
The ruby was discovered by Dubai-based FURA Gems in its mine in Mozambique on July 21, 2022. [2] [3] [4]Before its unveiling and cutting, Daniel Nyfeler, managing director of Gübelin Gem Lab, stated: "the Estrela de Fura ruby is likely to yield an intense, saturated red colour once fully and properly faceted with adequate proportions, is relatively free of eye-visible inclusions.
The Neelanjali ruby, along with the Rajarathna ruby, was used as a Shiva lingam and was worshipped for centuries in the home of the family that owned it. The ruby belongs to G. Vidyaraj, the scion of the Aravidu dynasty which was the last of the four imperial lineages to rule the Vijayanagara empire.
The ruby slippers worn in the 1939 film The Wizard of Oz, and once stolen from the Judy Garland Museum in Grand Rapids, Minnesota in 2005, auctioned for over $30 million on Dec. 7, 2024.
Several ruby-set pieces were included in the sale, notably a ring set with an 8.24 ct gem that broke the 'price-per-carat' record for rubies (US$512,925 per carat – i.e., over US$4.2 million in total), [37] and a necklace [38] that sold for over US$3.7 million.
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This was the second highest auction price ever for a diamond at that time, the first being circa $1.1 million for the Taylor-Burton Diamond several years earlier. [7] Six years later, the diamond was placed on display in November 1976 at a charity benefit as a means to attract donors to that benefit.