'Estrela de Fura' Ruby Gemstone Sets New Record, Sold for Astounding $34.8 Million

The "Estrela De Fura" is the name of a ruby gemstone, which is the most famous and most expensive precious gemstone. The stone has set a record of the highest cost of ruby stone in the world. This magnificent gem was sold in an auction in June 2023. 

Rubies are one of the most valuable and expensive gemstones in the world, and they are very desirable as well because of their deep red colours and astonishing appearance. This stone was exceptional from all the rubies; why? Let us know.

Where Did The Estrela De Fura Ruby Come From?

The Estrela De Fura Ruby was mined from the mines of Mozambique by the FURA gems mining company. That is, the source or origin of Estrela De Fura is Mozambique, though the exact location or the precise mine has not been disclosed.

 The miners of FURA discovered an unexpected gem in Montepeuz in July 2022. The ruby crystal was remarkably transparent, had a stunningly vivid hue, and weighed around 101 carats. It was given the name the "Estrela De Fura'. 

It gained popularity very soon because of its deep color and being the most significant, best-quality ruby gemstone ever discovered. It is a gem that is found once in thousands of years. 

Estrela De Fura Meaning

The name ‘Estrela de FURA,’ means the Star of FURA. This is because the stones were mined by the miners of the FURA gem company. Since the stone is unique and of best quality, it is called the Star of their company. It is the world's largest ruby to date, which makes it highly valuable. 

The stone was mined from a mine in Mozambique and the language of the area is Portuguese, so the name is given in the same language. 

Who Owns the Estrela De Fura?

In 2023, a team of experts from around the world set a design and cut after careful consideration to minimize losing weight. The rough 101 cartas ruby was skillfully cut by masters and experts in a 55.22-carat cushion cut. The gemstone was a specimen of unparalleled craftsmanship. It is faceted to maximize its brilliance. 

• Vivid red colour 
• large size
• skilful cut
• exceptional clarity 

All of these properties of this ruby made it quickly recognized by gem enthusiasts and collectors. On 8 June 2023, the gem was unveiled in the market at the Sotheby's auction in New York. It took centre stage, and a war began between the bidders; it was an opportunity of a lifetime for investors and collectors. The auction had a fierce spirit like ruby (Manik Stone) and finally, the gem was sold to a private collector from the Middle East at a whopping price. 

The identity of the owner is confidential and kept private for the sake of safety and privacy. 

Estrela De Fura Price

The final bid in the auction was record-breaking. This exceptional stone was sold at a price of $34.8 Million. That means, the cost of this ruby per carat is $630,288. It made history.