A rare 10.05-carat ruby will be the lead item at Christie’s Hong Kong Magnificent Jewels sale on November 29. Known as the “Ratnaraj” (“King of Precious Stones” in Sanskrit), the auction house says it ...

GENEVA (AP) — A rare Burmese ruby in a platinum ring with diamonds sold for $30.3 million at auction, setting a world auction record for any ruby and for any stone by Cartier, according to Sotheby’s.

This article is more than 8 years old. For more than 100 years Faidee has been known as the premiere company that deals exclusively in Burmese rubies—recognized for their intense, vivid red hues ...

The gems are second only to colored diamonds in value, but their troubled provenance has made them an anathema to many. By Nazanin Lankarani Myanmar, formerly known as Burma, has long been a producer ...