Friday, 18 August 2017

Ruby fetched a 'cracking' price at auction

Ruby fetched a 'cracking' price at auction

ASK 100 people to name their favourite gemstone and rubies would come a close second to diamonds.

Diamonds may be a “girl’s best friend”, as the song has it, but the lure of the finest rubies is irresistible.

Burmese rubies are famous for their exceptional colour, the best stones having a translucent pinkish tint.

Fine untreated rubies command high prices — most modern rubies are heat-treated to enhance their colour and durability.

When a couple walked into a valuation day in Berkhamsted, held by Mayfair auctioneers Dix Noonan Webb, they were not expecting any surprises.

Placing the inherited jewellery on the table, the husband remarked on a red and white stone ring looking “as if it had come out of a cracker”.

“Usually when you see a gemstone that looks too good to be true, it proves to be just that!” explains jewellery specialist Frances Noble.

“But in this instance, the red stones were deep pinkish-red rubies bordered by diamonds. The ring and matching ear studs were consigned for auction in our Christmas sale. The rubies were tested at the gemmological laboratory, confirming they were untreated and of Burmese origin — exactly the result we were hoping for.”

After intense bidding at the auction, the ring and earstuds sold for £9,800, to the delight of the vendors — certainly proving to be a “Christmas cracker” of a price!

Dix Noonan Webb’s next valution day in Henley takes place at Phyllis Court Club on Thursday, February 2, from 10am to 4pm.

For more information, to book an appointment, or for any other enquiries please call 020 7016 1700 or email jewellery@dnw.co.uk

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