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
  • Bag (0)Toggle Shopping Cart Menu
  1. Home
  2. Blog
  3. Fura Gems Unveils 101-Carat Gem-Quality Ruby, a 'Once in a Century' Discovery

Fura Gems Unveils 101-Carat Gem-Quality Ruby, a 'Once in a Century' Discovery

Published: Sep 15, 2022
Fura Gems Unveils 101-Carat Gem-Quality Ruby, a 'Once in a Century' Discovery
Author: 
LMJ Blog Team

Fura Gems just unveiled "Estrela de Fura," a rough 101-carat, gem-quality ruby that's being described as a "once in a century" discovery. The company's chief executive believes the rough gem, which was unearthed in Mozambique, could eventually yield a faceted stone weighing 50 carats or more.

If that's true and the quality of the stone is on par with the 25.59-carat, cushion-cut “Sunrise Ruby” that sold at auction in 2015 for $30.4 million, Estrela de Fura (Portuguese for "Star of Fura") may be worth $50 million or more in its final polished form.

Estrela de Fura will be looking to unseat the Sunrise Ruby, which currently holds two auction records: The largest sum ever paid for a ruby and the highest price-per-carat ever paid for a ruby ($1.19 million).

The international press got its first look at the pigeon-blood-red Estrela de Fura during yesterday's press conference at the lavish 68-story Almas Tower in Dubai.

Dev Shetty, Fura Gems' chief executive, told thenationalnews.com how he received a call from the company's master sorter, Balbir, on July 24. He had unlocked a storage box and spotted something large, red and shiny. The sorter told Shetty, who was in Bangkok at the time, "I think we found something amazing."

Dr. A. Peretti, CEO of GRS GemResearch Swisslab, confirmed the sorter's hunch.

"This ruby shows characteristics normally encountered only in the classical Mogok mines of Burma," he told khaleejtimes.com. "It possesses a fluorescence and vivid red color, and even excels in its excellent clarity. Estrela de Fura provides the potential to achieve the new world record of being the finest gem-quality ruby ever found with a size of over 50 carats once it goes through the final cutting process."

For the next 45 days, Fura Gems, which is billing Estrela de Fura as "the world's largest gem-quality ruby ever mined," will be setting up appointments for potential buyers to view and assess the stone at the Dubai Diamond Exchange. Shetty told thenationalnews.com that the potential buyer could represent a cutting house, jewelry brand, collector or even a museum. A private auction is set to take place in October.

The UAE-based Fura Gems currently mines rubies in Mozambique, emeralds in Colombia and sapphires in both Australia and Madagascar.

Credits: Estrela de Fura image courtesy of Fura Gems. Screen shot closeup via Twitter.com / Furagems.

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

Mon - Tues:Closed
Wed - Fri:10:00am - 5:00pm
Saturday:10:00am - 3:00pm
Sunday:Closed
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.