{"id":37121,"date":"2023-04-18T06:45:45","date_gmt":"2023-04-18T06:45:45","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/55-22-carat-ruby-unearthed-in-mozambique-heads-to-auction-with-us30-million-estimate"},"modified":"2023-04-18T06:49:38","modified_gmt":"2023-04-18T06:49:38","slug":"55-22-carat-ruby-unearthed-in-mozambique-heads-to-auction-with-us30-million-estimate","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/55-22-carat-ruby-unearthed-in-mozambique-heads-to-auction-with-us30-million-estimate","title":{"rendered":"55.22-carat ruby unearthed in Mozambique heads to auction with US$30-million estimate"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>A record-breaking pigeon-red ruby is paced to fetch a pretty penny when it goes under the hammer at Sotheby\u2019s Magnificent Jewels this June.<\/p>\n

Dubbed \u201cEstrela de Fura\u201d (\u201cStar of Fura\u201d in Portuguese), the 55.22-carat cushion-cut gem is the largest ruby ever brought to auction. The stone, which was cut from a 101-carat rough recovered in Mozambique by Toronto-based mining group, Fura Gems, carries a pre-show estimate of $40.4 million (US$30 million).<\/p>\n

The largest and most valuable ruby to ever appear at auction comes to #SothebysNewYork: The Estrela de FURA 55.22.<\/p>\n

First unveiled seven months ago, the rough stone has been lauded for its vivid red hue, fluorescence, and high clarity. It is believed to be the largest gem-quality ruby on record, Fura Gems reports.<\/p>\n

The stone was cut from a 101-carat rough, recovered from Fura\u2019s ruby mine in Montepuez, Mozambique, in July 2022.<\/p>\n

The stone was cut from a 101-carat rough, recovered from Fura\u2019s ruby mine in Montepuez, Mozambique, in July 2022. [Photo courtesy: Fura Gems]<\/p>\n

Following a series of studies of the rough crystal, the ruby was cut and faceted by a team of artisans into a cushion-shaped stone, which, according to a report from the Swiss Gemmological Institute (SSEF), \u201cresulted in vivid red hues due to multiple internal reflections.\u201d<\/p>\n

Additionally, the ruby is \u201cprofoundly rich\u201d in chromium which, when exposed to ultraviolet (UV) light, causes it to radiate a fiery red fluorescence, further enhancing its vibrancy, Fura Gems reports.<\/p>\n

\u201cImportant gemstones, such as Estrela de Fura, are extremely rare, and a beautifully faceted gem-quality ruby of 55.22 carats is almost unheard of,\u201d says the company\u2019s founder and CEO, Dev Shetty. \u201cFrom the in-depth analysis and study of the stone, through the process of cutting and polishing, we have worked with the utmost care and respect for the ruby, recognizing its importance and stature.\u201d<\/p>\n

Mozambique has a rich history of ruby mining, Fura Gem reports, with the first significant discoveries of deposits in the country dating back to the 1960s. In the early 2000s, mining gained momentum with the discovery of the Montepuez ruby deposit in the northern part of the country, where the Estrela de Fura rough crystal was found.<\/p>\n

\u201cThe miraculous discovery of the 101-carat Estrela de Fura was of immense importance, shocking all those in the jewellery world,\u201d says Quig Bruning, head of Sotheby\u2019s Jewellery for the Americas.<\/p>\n

Largest ever #ruby to be auctioned will go under the hammer at Sotheby\u2019s for an estimated $30m: \u2018Exceptional\u2019 55.22 carat stone was unearthed in Mozambique just last year<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. A record-breaking pigeon-red ruby is paced to fetch a pretty penny when it goes under the hammer at Sotheby\u2019s Magnificent Jewels this June. Dubbed \u201cEstrela de Fura\u201d (\u201cStar of Fura\u201d in Portuguese), the 55.22-carat cushion-cut gem is the largest ruby ever brought to auction. The stone, which was cut from a 101-carat […]<\/p>\n","protected":false},"author":84,"featured_media":37120,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-37121","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\n55.22-carat ruby unearthed in Mozambique heads to auction with US$30-million estimate - Mozambique<\/title>\n<meta name=\"description\" content=\"A record-breaking pigeon-red ruby is paced to fetch a pretty penny when it goes under the hammer at Sotheby\u2019s Magnificen ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/55-22-carat-ruby-unearthed-in-mozambique-heads-to-auction-with-us30-million-estimate\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"55.22-carat ruby unearthed in Mozambique heads to auction with US$30-million estimate\" \/>\n<meta property=\"og:description\" content=\"A record-breaking pigeon-red ruby is paced to fetch a pretty penny when it goes under the hammer at Sotheby\u2019s Magnificen ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/55-22-carat-ruby-unearthed-in-mozambique-heads-to-auction-with-us30-million-estimate\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-18T06:45:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-18T06:49:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/04\/postQueueImg_1681784169.36.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1050\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/55-22-carat-ruby-unearthed-in-mozambique-heads-to-auction-with-us30-million-estimate#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/55-22-carat-ruby-unearthed-in-mozambique-heads-to-auction-with-us30-million-estimate\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"55.22-carat ruby unearthed in Mozambique heads to auction with US$30-million estimate\",\"datePublished\":\"2023-04-18T06:45:45+00:00\",\"dateModified\":\"2023-04-18T06:49:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/55-22-carat-ruby-unearthed-in-mozambique-heads-to-auction-with-us30-million-estimate\"},\"wordCount\":444,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/55-22-carat-ruby-unearthed-in-mozambique-heads-to-auction-with-us30-million-estimate#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/04\/postQueueImg_1681784169.36.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/55-22-carat-ruby-unearthed-in-mozambique-heads-to-auction-with-us30-million-estimate#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/55-22-carat-ruby-unearthed-in-mozambique-heads-to-auction-with-us30-million-estimate\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/55-22-carat-ruby-unearthed-in-mozambique-heads-to-auction-with-us30-million-estimate\",\"name\":\"55.22-carat ruby unearthed in Mozambique heads to auction with US$30-million estimate - 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