After Ramadan, one of the world’s largest and also most expensive – rubies will be auctioned in Dubai. The “Burj Alhamal” or “Aries” ruby weighs 2.8 kg and weighs 8,400 carats. It was discovered in a Tanzanian village.
The enormous ruby will be displayed at the Waldorf Astoria Dubai International Financial Center. If you’re a jewel spotting enthusiast, this will be the purplish-red rough ruby’s first official public appearance.
The ruby is expected to fetch at least $120 million.https://t.co/k9NIpPrSHt
— Gulf News Business (@GulfNewsBiz) April 11, 2022
SJ Gold and Diamond, a Dubai-based gems and mineral asset management firm that specialises in providing investment opportunities for rare precious stones, is introducing the rare gem as part of its new “Callisto Collection,” which includes cut and uncut diamonds and rough rubies worth millions of dollars.
“This is the first time we are introducing our crown jewel of the collection. Unveiling this one-of-a-kind stone to the public for bidding, is a clear continuation of our dedication to showcasing the best of the best in the UAE,” said Patrick Pilati, Managing Director of SJ Gold and Diamond.
