Skip to primary navigationSkip to main contentSkip to footer
Lester Martin logo
  • Engagement
    • Shop Complete Rings
    • Find Your Diamond
    • Start With the Ring Setting
    • Diamond Education
  • Collections
    • 302
    • Alisa
    • Ashi
    • Dugout Mugs
    • Barbela Design
    • Bassali
    • Chisel
    • Citizen
    • Cosi Bella Coins
    • Dilamani
    • Elysium
    • Ever & Ever
    • Fingerprint Jewelry
    • Hidalgo
    • La Vie
    • Lafonn
    • Leslie's
    • Lester Martin Collection
    • Meira T.
    • Lightning Ridge Opal
    • Mova Globes
    • Reflection Beads
    • Religious Collection
    • Rembrandt Charms
    • Roger Dery Gem Design
    • Romance Diamond
    • Royal Chain
    • Shardz
    • Stuller
  • Jewelry
    • LMJ Deals and Steals
    • Engagement
        Complete Diamond Engagement RingsSemi-mount Diamond Engagement RingsAnniversary Bands
    • Wedding Bands
        Diamond Wedding BandsGemstone Wedding BandsGold Wedding BandsAlternative Metal Rings
    • Pendants
        Diamond PendantsGemstone PendantsGold PendantsSilver PendantsReligious Pendants
    • Charms and Charm Bracelets
        CharmsCharm Bracelets
    • Earrings
        Diamond EarringsGemstone EarringsPearl EarringsGold EarringsSilver EarringsPiercing Earrings
    • Necklaces
        Diamond NecklacesGemstone NecklacesPearl NecklacesGold NecklacesSilver NecklacesFamily NecklacesReligious Necklaces
    • Chains
    • Rings
        Diamond Fashion RingsGemstone Fashion RingsPearl RingsGold Fashion RingsSilver Fashion RingsFamily Rings
    • Bracelets
        Diamond BraceletsGemstone BraceletsPearl BraceletsGold BraceletsSilver BraceletsAnkletsFamily BraceletsReligious BraceletsBangle BraceletsChain Bracelets
    • Estate Jewelry
    • Giftware
        CrystalGold Dipped Roses
    • Men's Section
        Men's NecklacesMen's ShavingMen's BraceletsMen's AccessoriesClasps
    • Watches
        Women's WatchesMen's WatchesUnisex WatchesWatch Bands
    • Accessories
        Cleaning SuppliesWomen's Accessories
    • Eternity Bands
  • Education
    • Jewelry Education
    • Diamond Education
      • The Four Cs of Diamonds
      • Diamond Buying Tips
    • Choosing The Right Setting
    • Learn About Gemstones
      • Birthstone Guide
      • Gemstone Guide
    • Precious Metals
    • Jewelry Care
      • Caring for Fine Jewelry
      • Diamond Cleaning
      • Gemstone Cleaning
    • Anniversary Guide
    • Gold Buying Guide
  • About
    • About Us
    • Events
    • Our Blog
    • Diamonds Do Good
    • Services
    • Testimonials
    • Jewelry Insurance
  • Contact
  • AccountToggle My Account Menu
    Forgot Password?

    Don't have an account? Sign up now

  • SearchToggle Search Menu
  • Wish ListToggle My Wishlist

    You have no items in your wish list.

    Browse
  • Bag (0)Toggle Shopping Cart Menu

    You have no items in your cart.

    Browse
  1. Home
  2. Blog
  3. Two Off-the-Charts Gemstones Guarantee a Wild Ride at Sotheby's NY Today

Two Off-the-Charts Gemstones Guarantee a Wild Ride at Sotheby's NY Today

Published: Jun 8, 2023
Two Off-the-Charts Gemstones Guarantee a Wild Ride at Sotheby's NY Today
Author: 
LMJ Blog Team

Jewelry aficionados are expecting a wild ride today at Sotheby's New York, where two off-the-charts gemstones headline its Magnificent Jewels auction, starting at 10 a.m. EDT.

All eyes will be on Estrela de FURA (Lot 59) and The Eternal Pink (Lot 62). The first is a ruby that has been described as a “once-in-a-century” gem, and the second is a pink diamond that's “in a stratosphere of its own,” according to the auction house.

Although Sotheby's didn't set a pre-auction estimate for Estrela de FURA, jewelry insiders believe the cushion-cut, 55.22-carat gem has a chance to break two auction records that have stood since 2015: The largest sum ever paid for a ruby and the highest price-per-carat ever paid for a ruby.

The records are currently held by the 25.59-carat, cushion-cut Sunrise Ruby, which fetched $30.3 million, or $1.18 million per carat at Sotheby's Geneva. Experts believe the Estrela de FURA — the largest gem-quality ruby to ever appear at auction — should be able to snatch the first record, but may be hard pressed to capture the second.

Estrela de Fura was cut from a 101-carat rough stone discovered in Mozambique by Fura Gems in September of 2022. At the time, Fura touted the stone as an exceptional treasure of nature for its fluorescence, outstanding clarity and vivid red hue, known as “pigeon’s blood” — a color traditionally associated only with Burmese rubies.

Three lots later, bids for the 10.57-carat Eternal Pink are expected to eclipse $35 million.

Sourced at De Beers’ Damtshaa mine in Botswana in 2019, the 23.78-carat rough diamond that yielded The Eternal Pink was fashioned into an exquisite cushion cut by a team of artisans at Diacore. The cutters worked on the stone for “six intense months” in an effort to bring out the diamond’s electric “bubblegum” color.

The Eternal Pink is rated internally flawless with a color grade of “Fancy Vivid,” the highest possible for a colored diamond. Sotheby’s claims The Eternal Pink is the most vivid purplish-pink diamond ever to come to market.

“This color is the most beautiful and concentrated shade of pink in diamonds that I have ever seen,” commented Quig Bruning, Sotheby’s head of jewelry for the Americas.

The Eternal Pink will be vying for the price-per-carat record currently held by the 11.15-carat “Williamson Pink Star,” which earned $57.7 million, or $5.2 million per-carat, at Sotheby’s Hong Kong in October 2022. That selling price was more than 2.5 times the auction house’s pre-sale high estimate of $21 million.

The “CTF Pink Star” still holds the record for any gem sold at auction. The 59.6-carat pink diamond sold at Sotheby’s Hong Kong for $71.2 million in 2017.

Credits: Images courtesy of Sotheby's.

Categories
  • Previous Article
  • Next Article
Lester Martin Address
Lester Martin Jewelers
1650 Limekiln Pike B27
Dreshertown Plaza
Dresher, PA 19025
(267) 470-4771
ValentinesW
CLOSED: Sat 5/24 Fri & Sat 5/30 & 5
Store Information
Store Hours

Tuesday - By Appointment Only

Saturday:Closed Graduation Day Closure
Sunday:Closed
Monday:Closed
Tuesday:Closed
Wednesday:10:00am - 5:00pm
Thursday:10:00am - 5:00pm
Friday:10:00am - 5:00pm
Jewelry
  • LMJ Deals and Steals
  • Engagement
  • Wedding Bands
  • Pendants
  • Charms and Charm Bracelets
  • Earrings
  • Necklaces
  • Chains
  • Rings
  • Bracelets
  • Estate Jewelry
  • Giftware
  • Men's Section
  • Watches
  • Accessories
  • Eternity Bands
Collections
  • 302
  • Alisa
  • Stocking Stuffers. Most Items Below $75
  • Ashi
  • Dugout Mugs
  • Barbela Design
  • Bassali
  • Chisel
  • Citizen
  • Cosi Bella Coins
  • Dilamani
  • Elysium
  • Ever & Ever
  • Fingerprint Jewelry
  • Hidalgo
  • La Vie
  • Lafonn
  • Leslie's
  • Lester Martin Collection
  • Meira T.
  • Lightning Ridge Opal
  • Men's Shaving
  • Mova Globes
  • Reflection Beads
  • Religious Collection
  • Rembrandt Charms
  • Roger Dery Gem Design
  • Romance Diamond
  • Royal Chain
  • Shardz
  • Stuller
  • Valentine's Day Gifts
Our Store
  • About Us
  • Events
  • Services
  • Privacy Policy
  • Return Policy
Mailing List

Sign up for special offers and discounts

© 2025 Lester Martin. All Rights Reserved. Website designed, maintained, and hosted by Punchmark. Accessibility Statement.

Learn how we use cookies in our Privacy Policy or manage cookie preferences.