GENEVA (AP) — A rare Burmese ruby in a platinum ring with diamonds sold for $30.3 million at auction, setting a world auction record for any ruby and for any stone by Cartier, according to Sotheby’s.

Jill Burgum appraises a David Webb Burmese ruby & diamond ring in Santa Clara Jill Burgum appraises a David Webb Burmese ruby & diamond ring in Santa Clara, California ...

The top lot is the Red Dragon, a 6.43-carat Burmese ruby and diamond ring estimated at $1 million to $1.5 million. The exceptional purplish-red color is natural (many rubies are heat-treated). It is ...

A 10.33-carat Burmese ruby sold for an impressive $5.5 million after a six-minute bidding war among two bidders on the phone and one in the New York saleroom at Sotheby’s Magnificent Jewels auction.

At 23.1 carats, the gem is one of the largest Burmese rubies in the world. Chip Clark/National Museum of Natural History, Smithsonian Institution We don't need Wagner or Tolkien to tell us how ...

Before the holiday season, Los Angeles-based jeweler Suzanne Kalan made trips to the U.K. and Bahrain to showcase the samples in her Burmese ruby collection that will hit upscale retail and online ...