Ruby (Pre-embargo)

Mogok, Myanmar
Gems, 0.26 ct, 3.47 mm
Start Time: 02/24/2022 9:00:00 pm (CST)
End Time: 03/03/2022 7:00:00 pm (CST)
Auction Closed

Item Description

Ruby from Burma is one of the most storied gems in the world. Some of the finest Rubies in the world are found in Burma. This gem has an attractive pinkish-red color, and is certainly gem quality in clarity in areas when baclkit. It has a less common "Round Step" cut. These are absolutely some of the most popular Rubies in the world. PLEASE NOTE: This stone was imported to the US before the embargo that stated there will NOT be ANY of these Rubies imported to U.S. soil after September 30, 2008. The embargo is over, but it's very important to note that there is NO MINING taking place at Mogok right now. The combination of the pandemic and the civil war in Myanmar has left all of Mogok empty. It is unclear when or if mining will resume, and you can rest assured the price of Rubies and other gems from this area will almost certainly be higher once the area is back in production. Buy this gem now because they are disappearing from the market rapidly.

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