We sold this fine and rare 4 ct. Burma ruby, documented by the GRS lab in Switzerland as Pigeon’s Blood Red- it’s value has increased about 50% in 4 years, even in today’s turbulent economy. Great stones like this are now very difficult to find- not only are they increasingly rare in nature, but mining activity has diminished substantially. And the effect of the embargo of Burma rubies and jade has been to restrict supply.
The Pigeon’s Blood Ruby is almost an archetype in our trade, and with good reason. While some experts prefer one secondary hue over another, the raw power of this red, when seen in fine examples like this is not to be forgotten.
We’ll be discussing various aspects of the ruby over the next few weeks- watch for these posts here and on the Mardon Blog
james l. sweaney cga fga. gg
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