On May 14, 2025, Christie’s Geneva Magnificent Jewels auction dazzled at the Hotel des Bergues, achieving a rare “white glove” sale—every one of the 115 lots sold, a remarkable feat in today’s economic climate. The auction fetched over $72.3 million, with 77 lots soaring past their high estimates, underscoring the enduring allure of fine jewelry.
A standout for colored gemstone enthusiasts was a 10.17-carat cushion-shaped Burmese ruby, set in an 18k gold ring and framed by round diamonds. This unheated gem, certified by the SSEF as Burmese origin with “pigeon blood” color, sold for an impressive $4.1 million. The term “pigeon blood” feels overused, as many labs apply it to any slightly red ruby, diluting its meaning. We note it lacked an AGL full Prestige Grading report, which we prefer for its precise color/tone and clarity analysis. The tone of the ruby looks too dark on the SSEF grading report, perhaps limiting the stones final price? Visible inclusions mark this ruby as moderately included, typical for unheated Burmese stones. Shouldn't the buyer have this information via the AGL report before bidding? Nevertheless, the stone’s vivid red hue captivated bidders and its beauty and rarity clearly drove its value.
Courtesy Images: Burma Ruby and Cert (Christie's)
