The 55.22-carat Estrela de Fury from Mozambique, the largest ruby to have been sold at a public auction, achieved a hammer price of US$30 million after 90 seconds of bidding. Moments later, a diamond Sotheby’s calls “ Eternal Pink ,

The Sotheby’s Magnificent Jewels sale in New York held June 8 is the first auction to sell two items for more than $30 million

STORY: This pink diamond sold for $34.8 millionat auction, setting a new world recordDate: File - March 27, 2023‘The Eternal Pink’ is 10.57 carats and comes from a mine in Botswana(Frank Everett, Sotheby’s New York)"You can't underestimate the rarity of coming across a stone this clear and this intense or vivid in terms of the color at this size.

The Magnificent Jewels auction also made history for becoming the first to sell two stones for more than $30 million in the same sale. The 55.22-carat “Estrela de FURA,” the world’s largest ruby, sold to an unnamed private collector from the Middle East.

Sotheby’s New York set two world records for gemstones today, for a ruby and a pink diamond, fetching identical prices of $34.8 million each.

A 10.57 carat pink diamond, dubbed The Eternal Pink, also achieved $34.8 million at auction on Thursday, establishing a world auction record for a “fancy purplish-pink diamond”. Sotheby’s has described it as the “most vivid pink diamond to ever come to market”.

A 55.22-carat ruby has become both the largest and most valuable gem of its kind ever to sell at auction, netting $34.8 million on Thursday.