Lot 470
  • 470

The 'Graff Ruby' Exceptionally important and exquisite ruby and diamond ring, Graff

Estimate
6,500,000 - 8,560,000 CHF
Sold
8,285,000 CHF
bidding is closed

Description

  • Graff
  • ruby, diamond, metal
The cushion-shaped ruby weighing 8.62 carats, set between triangular diamond shoulders within a mount decorated throughout with brilliant-cut diamonds, size 59, signed Graff, together with an alternative ring mount, Graff.

Catalogue Note

This spectacular gemstone was first sold at auction nearly nine years ago. It quickly soared to some six times its low estimate and was purchased by the celebrated jeweller Laurence Graff establishing a world record price at auction for a ruby of its size.

Mr Graff named the stone after the sale the ‘Graff Ruby’, and in a Bloomberg interview in February 2006 was quoted as saying ‘…the cut and spread of colour is the finest I have ever seen’.

Since then, the prices for truly exceptional Mogok rubies, arguably the rarest of all gemstones, have continued to soar on the very few occasions they have appeared on the market.

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