Auctions

‘Exceptional’ Burmese Ruby Ring Tops $5M at Auction

17.97-carat Burmese ruby ring with pear-shaped diamonds
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Red and green gemstones dominated at Phillips’ Geneva jewelry auction Monday, with this 17.97-carat Burmese ruby ring leading the way. A buyer paid $5.4 million for the ring, at the top end of its estimated range. (Photo courtesy of Phillips)
1.21-carat fancy red diamond ring
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This ring featuring a 1.21-carat fancy red diamond surrounded by colorless diamonds and pink sapphires sold for $1.1 million. (Photo courtesy of Phillips)