Auction Results: Mixed-Quality Rubies
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Date16 Jun 2025
Gemfields announces the results of an auction comprised of mixed-quality rough ruby held during the period 2 – 13 June 2025. Highlights – Mixed-Quality Ruby Auction – June 2025 Total auction revenues of USD 31.7 million. 78 of the 90 lots offered for sale were sold (87%). 99,830 carats were offered for sale with 68,705 carats sold (69%). Average sales price of USD 461.48 per carat. The auction included rubies from a newer area of MRM which previously hasn’t been represented at auction in meaningful quantities, including a notable 36-carat ruby (pictured below) which sold well, becoming the third-most-valuable single-gemstone lot in MRM’s history. This auction follows a mini-auction of predominantly small-sized gemstones held in April 2025 that achieved auction... Read More →