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Burmese ruby sells for record US$30m at auction

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Published Wed, May 13, 2015 · 09:50 PM

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    Geneva

    A 25.59 carat "pigeon blood" ruby sold for a world record US$30.33 million at auction in Geneva on Tuesday while a rare pink diamond believed to have once belonged to Napoleon's niece fetched US$15.9 million, Sotheby's said.

    After competitive bidding, the ruby went to an anonymous telephone bidder for 26.25 million Swiss francs (S$37.7 million), with costs.

    Myanmar

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