SurveysJul 16, 2025
Signet Jewelers Falls Lower on NRF’s ‘Top 100’ Retailers ListThe middle class is changing its approach to buying jewelry and affordable luxury goods, the NRF said.
AuctionsMar 24, 2016
‘Jubilee Ruby’ Expected to Garner $12-15M
The 15.99-carat Burmese ruby, set in a platinum and 18-karat gold Verdura ring with diamond accents, will be up for sale at Christie’s New York in April.
The oval-shaped 15.99-carat “Jubilee Ruby” is predicted to sell for between $12 and $15 million at the Christie’s New York Magnificent Jewels auction next month.
New York--An exceptional Burmese ruby could sell for as much as $15 million when it hits the auction block at Christie’s New York in April.
The oval-shaped 15.99-carat gemstone, dubbed the “Jubilee Ruby,” will be featured as part of an iconic Verdura piece in platinum and 18-karat gold. It’s predicted to sell for between $12 and $15 million.
The gem is the most important Burmese ruby to appear at auction in the United States in the last 25 years, Christie’s said.
The Jubilee Ruby will lead the Magnificent Jewels sale scheduled for April 20 at Christie’s New York.
The sale features more than 250 lots of rare diamonds and colored stones as well as exceptional jewels from Buccellati, Cartier, David Webb, Graff, Harry Winston, Van Cleef & Arpels and more.
Other top lots in the sale include a 10.07-carat fancy intense purple-pink diamond that could sell for as much as $12 million and a Type IIa, round brilliant-cut diamond weighing approximately 40.43 carats that has a pre-sale estimate of between $7 and $10 million.
There also is a fancy yellow diamond at the top of the list, a 54.62-carat VVS1 clarity stone with a $2.5 million pre-sale estimate, as well as another colorless diamond, this one a round brilliant-cut, D color, flawless diamond of 14.11 carats could sell for between $1.5 and $2 million.
The full list of items that will be included in the auction can be found on the Christie’s website.
Click through the slideshow below to see the five pieces of jewelry expected to top the sale.
The 15.99-carat “Jubilee” ruby, set in a platinum and 18-karat Verdura ring with diamond accents, is expected to sell for between $12 and $15 million.
A brilliant-cut fancy intense purple-pink diamond, weighing approximately 10.07 carats and flanked on either side by a triangular-shaped diamond, is expected to sell for between $8 and $12 million.
This Type IIa, round brilliant-cut diamond weighing approximately 40.43 carats is estimated to sell for between $7 and $10 million.
This ring is set with a round-cornered rectangular modified brilliant-cut fancy vivid yellow diamond of VVS1 clarity weighing approximately 54.62 carats. It could garner up to $2.5 million.
A ring set with a round brilliant-cut, D color, flawless diamond of 14.11 carats could sell for between $1.5 and $2 million.
More on Auctions
The Latest
FinancialsJul 16, 2025
Richemont’s Jewelry Sales Up 7% in Q1It marks the third consecutive quarter of growth for Cartier, Van Cleef & Arpels, Buccellati, and Vhernier.
WatchesJul 16, 2025
The Top-Selling Rolex Models of the Last 15 Years, According to Bob’s Watches The reseller’s market trends report, based on its sales data, also shows exactly how much Rolex prices have jumped since 2010.
Brought to you by
Investing in the Next Generation of Bench JewelersThe Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.
IndependentsJul 16, 2025
Clyde Duneier Ushers In Fourth GenerationJake Duneier and Danielle Duneier-Goldberg have stepped into the roles of CEO and president, respectively.
Weekly QuizJul 10, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CollectionsJul 15, 2025
Boucheron’s New High Jewelry Calls Attention to Nature’s ImpermanenceThe “Impermanence” collection contemplates nature through the Japanese art of Ikebana (flower arranging) and philosophy of wabi-sabi.
MajorsJul 15, 2025
James Avery Expands to 2 More StatesThe Texas-based jewelry retailer has set up shop in Tennessee and Arizona.
Brought to you by
Jewelers of America is Headed to Las Vegas for JCK 2025The countdown is on for the JCK Las Vegas Show and JA is pulling out all the stops.
Events & AwardsJul 15, 2025
Neiman Marcus Vet Joins Couture as Brand Director Eric Ford will step into the role, bringing with him decades of experience.
IndependentsJul 15, 2025
Ben Bridge Jeweler Acquires Olympic ManufacturingIn addition to improved capabilities, the acquisition will allow the jeweler to offer support to other independent jewelers.
CollectionsJul 15, 2025
Guzema Debuts First Colored Gemstone JewelryThe “Celestial Blue” capsule collection campaign features Olympian Kateryna Sadurska.
MajorsJul 14, 2025
Nanis Opens First StoreThe seasonal store, located in Mykonos, Greece, offers exclusive events, personal styling, and curated experiences.
IndependentsJul 14, 2025
It’s the Summer of Love at Long’s JewelersThe New England jeweler is hosting a bridal event for the month of August.
SourcingJul 14, 2025
Ethical Gem Fair Heads to SeattleThe trade-only event will host its debut fair in the Emerald City later this month.
Events & AwardsJul 11, 2025
The Edge’s Annual Conference Returns in SeptemberIts sessions will focus on inventory strategies, staff performance, retention and acquisition, emerging market trends, and more.
CollectionsJul 11, 2025
Piece of the Week: Miseno’s ‘Arco’ EarringsFor its 10th anniversary, Miseno designed the “Arco” earrings based on the Arco Felice, an arch conceptualized in A.D. 95 in Miseno, Italy.
Policies & IssuesJul 11, 2025
James Avery to Donate $1M to Texas Hill Country Relief EffortsThe jewelry company is one of several contributing to relief efforts in the region after the recent floods.
TrendsJul 11, 2025
Kelly Osbourne’s Engagement Ring Is Sweet as HoneyInspired by fiancé Sid Wilson’s nickname for her, the white and yellow diamond ring features a unique honeycomb design.
CollectionsJul 10, 2025
Penny Preville Celebrates 5 Decades of Jewelry DesignThe brand is marking its 50th anniversary with a limited-edition bangle, high jewelry suites, new collections, and more.
IndependentsJul 10, 2025
Steven Goldfarb to Retire, Close Alvin Goldfarb JewelerGoldfarb said changes in the industry, coupled with his age and the updates needed to modernize his business, drove his decision.
MajorsJul 10, 2025
LVMH Names New Chairman, CEO of the AmericasLongtime LVMH executive Michael Burke has stepped into the role.
Events & AwardsJul 10, 2025
IAC Gold and Diamond Conference Returns to NYC Central topics of next week’s event include climate action, labor rights, artisan preservation, and value retention in producing countries.
MajorsJul 10, 2025
Hearts On Fire Appoints New Sales DirectorVickie Rokkos has joined the jewelry company as its new national sales director of North America.
SurveysJul 09, 2025
Jewelry Stays Strong as Luxury Market Slows, Bain & Co. Says Turbulence will be the new baseline for luxury as it faces its biggest potential setbacks in 15 years, a recent report said.
Supplier BulletinJul 09, 2025
JCK Unwrapped: Trends, Insights & Post-Show TipsSponsored by Rio Grande Jewelry Supply
CollectionsJul 09, 2025
Cece Jewellery’s New Fruit Jewels Celebrate Life’s SweetnessThe “For the Love of Fruits” collection features five fruit pendants, each holding a different meaning.
EditorsJul 09, 2025
The Most-Read Stories of 2025, So FarDiamonds and crimes (some involving diamonds) top the list of National Jeweler’s most popular stories halfway through the year.
