Top 10 Most Expensive Rubies in the World

Posted on April 18th, 2023 06:31 PM

There are a few things on this planet that are so alluring and entrancing that words always fall short to describe their timeless beauty, worth, and significance. Ruby stone (Manik stone) is one such mesmerizing phenomenon. Known for its divine beauty, robust impact, and spectacular brilliance, ruby is an indispensable part of the BIG 4 club of gemstones as well as one of the most expensive gemstones in the world.

In terms of price and value, only diamonds can go head-to-head with rubies. The finest and the most valuable rubies in the world have lush and deep red color, minimal inclusions and color zoning, and hefty carat weight. Every year, at different jewelry and gemstone auctions, you will find some of the rarest gemstones including rubies being sold at a mammoth price to ardent gemstone collectors. The principal purpose of this blog post is to make our readers conversant with the top ten most expensive rubies in the world sold at auctions at a whopping price.



Moreover, we have also strived our level best to state as much key information as possible on all the rare and expensive rubies listed below to enrich our readers with the most relevant information. 

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Most Valuable Rubies in the World

Sunrise Ruby

The number one, as well as the most valuable entrant in our list, is the Sunrise Ruby which is the most expensive ruby ever sold at an auction fetching a jaw-dropping $30.42 million at a Sotheby's auction in Geneva in 2015. Weighing approximately 25.59 carats, 10 carats more than the second ruby expensive ruby stone on the list, this Burmese ruby is known for its stunning pigeon-blood red color and exceptional clarity. Its rarity and size make it a true masterpiece, and it is considered one of the world's most valuable gemstones

It broke the previous auction record of the Graff ruby which was sold at a towering price of $21 million in 2014. 

sunrise ruby

The Crimson Flame Ruby

The Crimson Flame Ruby is one of the rarest and most valuable gemstones that is known for its unprecedented vivid red color and out-of-the-world clarity. This Burmese ruby weighs 15.04 carats and is considered one of the finest rubies in the world.

First discovered in Burma's Mogok Valley, which is known for producing some of the world's most sought-after rubies. This particular ruby was mined in the late 1980s and was eventually sold to a private collector.

The ruby's intense red color is due to the presence of chromium, which is a rare element found in only a small percentage of rubies. The Crimson Flame Ruby's color is further enhanced by its high level of clarity, which is rare for a ruby of this size. The ruby is also unheated, which adds to its rarity and value.  In 2015, the Crimson Flame Ruby was sold at auction for a monumental $18 million making it one of the most expensive rubies ever sold. The ruby was purchased by an anonymous buyer. It is said that the carat weight, cushion cut, and deep red color of Crimson Flame ruby is as perfect as it can get.

The Jubilee Ruby

The Jubilee Ruby is a magnificent 15.99-carat Burmese ruby that was sold at the prestigious Christie's auction in 2016 for a sky-rocketing $14.2 million. This rarest of rare ruby is known for its deep red color and exceptional clarity which are both highly prized in the world of gemstones. Like its counterparts, the Jubilee Ruby is also unheated which makes it rarer and more valuable. According to the US government, it is a treasure worth savoring for ages.

jubilee ruby

Exceptional Ruby and Diamond Ring

Perhaps the only rare ruby in our list that is unnamed, and the least information is available on it. The ruby is encrusted in a scintillating diamond ring and it possesses all the attributes needed to be labeled in the category of the most expensive rubies in the world. This ruby came from the Mogok valley in Burma, weighs approximately 15.03 carat, and is completely unearthed and untreated. According to the gemological institute of America, despite its poky size, the clarity and quality of exceptional ruby and diamond ring is remarkable. It is the fourth most expensive ruby sold at an auction at a mind-boggling price of $13 million.

The Graff Ruby

Another marvelous addition to our list of the most expensive rubies in the world. The Graff Ruby is a staggering 8.62-carat Burmese ruby that was sold at Sotheby's auction in 2006 for a record $8.6 million at that time. This ruby is known for its eye-pleasing vivid red color and never seen before clarity which is both highly revered and sought in the world of gemstones. The Graff Ruby is considered one of the most important rubies in the world, and it is a true masterpiece of nature.

Not many individuals know that the Graff Ruby first came to the auction at the Christie’s sale in Geneva where it was bought by a fabled jeweler Laurence Graff for an earth-shattering $3.6 million. Since that, this ruby got the name the Graff Ruby.

graff ruby

The Ratanraj Ruby Ring By Faidee

The Ratnaraj Ruby Ring is one of the most hailed masterpieces of jewelry created by the high-end jewelry brand Faidee. It features a rare and resplendent 8.01-carat Burmese ruby at its center, which is considered to be one of the most significant and valued rubies in the world.

The ruby has a rich, deep red color and is set in a platinum ring with two pear-shaped diamonds on either side, adding heaps of beauty and value to it. The name "Ratnaraj" means "king of precious stones" in Sanskrit, which is fitting well for this extraordinary ruby. It is an untreated Burmese Ruby that was sold for an unforgettable $10 million in 2016.

For those who don’t know, Faidee is a family-owned business that has been creating high-end jewelry for over a century, and its pieces are highly sought after by collectors and connoisseurs of fine jewelry. The Ratnaraj Ruby Ring is just one example of its exceptional craftsmanship and attention to detail.

The Queen of Burma

The Queen of Burma ruby ring is one of the most legendary pieces of jewelry that was once owned by His Highness Khengarji III, the Maharaja of Kutch. Its exquisite and timeless beauty and rich history make it a true treasure worth cherishing till eternity. At the November 2014 Christie's auction in Geneva, this majestic ring was sold for a staggering price of just over 6 million U.S. dollars leaving all spectators present there in awe.

The ruby at the center of the ring is a rare Burmese gemstone, weighing approximately 23.66 carats and exuding a stunning pinkish-red hue. Its oval shape is expertly highlighted by a platinum and baguette diamond mounting, signed by the prestigious jeweler Cartier. Every facet of this masterpiece exudes a regal aura fit for a queen.

With its royal lineage and unparalleled elegance, the Queen of Burma ruby ring is one of the most marvelous work of art. Its sale at Christie's marks a historic moment in the world of fine jewelry and adds another chapter to its captivating just one example of their exceptional craftsmanship and attention to detail.

queen of burma

The Ruby & Diamond Brooch By Cartier

The Ruby and Diamond Brooch by Cartier is truly a remarkable and splendid piece of jewelry that showcases the unmatched craftsmanship of this esteemed jeweler. This exquisite brooch features a stunning oval-shaped Burmese ruby that exhibits pigeon blood coloration at its center, surrounded by sparkling round and baguette-cut diamonds that are carefully set in a platinum brooch.

The ruby weighs approximately 10.10 carats and has a deep, rich red color that is characteristic of the finest rubies from Burma. It is perfectly complemented by the brilliance of the diamonds, which weigh a total of approximately 2.50 carats. It was sold for an astronomical amount of $8.3 million at the Christie’s auction in Hong Kong.

The Patino Ruby and the Diamond Ring

The May of 2012 witnessed a historic moment in the world of fine jewelry when a Chaumet ring, graced with a magnificent 32.08-carat ruby and trapeze cut side stones, was put up for auction at Christie's in Geneva. And the result was nothing short of awe-inspiring, as the ring fetched nearly 7 million dollars, a lucid testament to its exceptional beauty and rarity.

The Patiño Ruby is a true masterpiece, and the Chaumet ring setting only enhances its splendor by leaps and bounds. The ruby's deep, rich color and impressive size are perfectly complemented by the elegant trapeze-cut diamonds on either side. This stunning creation is a shining example of the skill and creativity of the most influential name in the world of Jewelry.

Read More : See Deeper in Life with Ruby Inclusions

patino ruby

Impressive Ruby and Diamond Ring by Bhagat

The Ruby and Diamond Ring by Indian Jeweler Bhagat is a classic example of the unparalleled craftsmanship and artistry of this renowned Indian jeweler. The ring features a magnificent oval-shaped Burmese ruby at its center, weighing approximately 13.26 carats, and surrounded by a dazzling halo of diamonds. On 3rd October 2017, it was sold for a soul-stirring sum of $10.5 million at Sotheby’s auction in Hong Kong.

Bhagat is known for his painstaking attention to detail and his ability to create jewelry that is both bold and elegant. The Ruby and Diamond Ring is a testament to this reputation, showcasing the jeweler's skill in combining the natural beauty of gemstones with the precision of modern jewelry-making techniques.

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