Saturday, October 11, 2014

Ruby, Sapphire & Spinel Auction Records

In the world of precious stones, it is common to reference auction prices. Not because they represent the highest prices paid, for they don’t; the finest gems generally change hands in private sales at prices above the auction market. Auction prices are an open reflection of the world gem market.

Unlike real estate, gems can and do travel, and therefore have a worldwide value.



In 2005, this 20.84-carat padparadscha sapphire fetched $18,000 per carat at auction.

The highest price ever paid for spinel jewelry was for this Imperial Mughal necklace, which sold in 2011 for $5,214,348


See ----->http://pennystockjournal.blogspot.ca/2014/06/record-setting-rubies.html
See ----->http://pennystockjournal.blogspot.ca/2014/06/gemstone-auction-records.html
See ----->http://pennystockjournal.blogspot.ca/2014/03/kashmir-sapphire.html
See ----->http://pennystockjournal.blogspot.ca/2014/01/the-mughal-empire-in-gold-and-gems.html