Christie’s Hong Kong Proudly Presents
A SUPERB 16.05 CARATS NO HEAT
“PIGEON’S BLOOD” RUBY AND DIAMOND RING
The Most Valuable Ruby to Appear at Auction in Asia
in the Past Five Years
to Lead the Magnificent Jewels Live Auction
27 May | Live Auction | Hong Kong Convention and Exhibition Centre
Hong Kong – Christie's is proud to announce the upcoming auction of “The Mythic Ruby” – a Superb 16.05 Carats No Heat “Pigeon’s Blood” Ruby and Diamond Ring, one of the finest and most valuable Burmese rubies to ever appear at auction in Asia. It is expected to fetch HK$80,000,000 – 120,000,000/ US$10,000,000 – 15,000,000 at the Magnificent Jewels live auction on 27 May at the Hong Kong Convention and Exhibition Centre (further highlights of the sale can be found here).
“The Mythic Ruby”, hailing from Myanmar's famed "Valley of Rubies" - the Mogok Valley, epitomises the pinnacle of rarity and quality in the realm of rubies. With the depletion of the Mogok Valley mines, which once accounted for 90% of global ruby production, discovering rubies of this caliber—particularly unheated ones exceeding 5 carats—has grown exceedingly rare. This striking 16-carat natural treasure exemplifies the remarkable rarity and unparalleled beauty of such a magnificent gem.
Vickie Sek, Chairman, Jewellery Department, Christie’s Asia Pacific, commented, “We are thrilled to unveil this breathtaking 16-carat 'Mythic Ruby' in our upcoming auction. This enthralling gemstone is a real testament to the exceptional rarity and splendor of such a treasure, particularly given the scarcity of Burmese 'Pigeon's Blood' rubies of this immense size. The burgeoning demand for top quality rubies in the market demonstrates the ongoing momentum of acquiring best-in-class rubies. We are elated to present this magnificent masterpiece to discerning jewellery enthusiasts around the globe on 27 May in Hong Kong.”
