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Burmese Ruby Sells for $9M at Christie’s Jewelry Auction
“The duPont Ruby” smashed its $3.5-$5.5 million pre-sale estimate.
New York—Christie’s Dec. 11 Magnificent Jewels sale saw “The duPont Ruby” brooch smash its pre-sale estimate.
Estimated to fetch between $3.5 and $5.5 million, the 11.20-carat Burmese ruby, emerald, diamond and pearl brooch ultimately went for nearly $9 million.
The jewel (seen at top) was offered by the Virginia Museum of Fine Arts, along with “The duPont Emerald” featuring a no clarity enhancement, modified rectangular step-cut 9.11-carat stone. Set in a Tiffany & Co. ring, the piece earned $1.6 million, more than three times its low estimate.
Proceeds from the sale of the two pieces will benefit future VMFA acquisitions.
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