Mogok, Mandalay Region, Myanmar
Gems, 3.49 mm, 0.25 ct
Start Time: 09/07/2023 7:30:00 pm (CDT)
End Time: 09/14/2023 7:00:00 pm (CDT)
Auction Closed

Item Description

Rubies have been the subject of admiration and legend for centuries. They are certainly some of the most valuable and celebrated gems in the world. The magnificent, world-class Ruby gems from Mogok, Myanmar rank among the most valuable gems ever found. Rubies have been mined around Mogok for hundreds of years, and the best stones are still the world-standard for the material. This gem has an attractive fiery pinkish-red color, and is clearly gem quality, but not eye-clean as there are some inclusions. It has a "Round Step" cut. The color is strong and saturated when the stone is backlit. 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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