Are You Born In September? This is SAPPHIRE! Your Birthstone!

Septemer 2023, Newsflash

September Birthstone

Sapphire

Sapphire, the September birthstone must be one of the easiest gemstone colors to wear with any wardrobe. This eloquent gem has been popular since the Middle Ages and according to folklore, will protect you from envy and harm, relieve mental tension and dispel depression. Sapphires are said to align the physical, mental, and spiritual planes and restore balance within the body. When worn in a necklace they are known to facilitate creativity and self-expression. History says that in ancient times, sapphires were known as the "wisdom stone". Each color of Sapphire brings its own wisdom while it is supposed to release mental tension, depression, and unwanted thoughts. Sapphire gemstone is also good for helping solve problems and particularly aids in sexual relationships because it tends to make deep bonding between people and creates loyalty. Sapphires are well known among the public as being blue but can be any color and are found in a range of colors. In my years of designing jewelry blue is by far the most popular color for sapphire but pink, orange, yellow, white, and even black have generated much interest in the jewelry market. The Blue Sapphire is traditionally associated with purity and love. Yellow Sapphire attracts wealth and brings prosperity to the home. Pink Sapphire clears emotional blockages bringing peace and unconditional love

Jewelry Auctions

Loren McLemore National Jewelers

Ruby Ring Sells for $3.3M at Artcurial Auction

The natural Burmese stone is the second-most expensive ruby sold

at auction in 2023.

This 7.1-carat Burmese ruby set in a daisy-style ring by Guillemin & Soulaine

set a sales record for Artcurial this week, going for more than $3 million.

(Image courtesy of Artcurial)

Monaco—A 7.1-carat Burmese natural ruby and diamond ring sold at auction in August 2023 for €2.9 million ($3.3 million), eclipsing its pre-sale estimate of €150,000 - 250,000 ($164,000 to $273,000) by nearly 12 times. The sale makes the jewel the second-most expensive ruby sold at auction in 2023, going for approximately $459,000 per carat, according to French auction house Artcurial. It set a sales record for the house’s jewelry department as well. Artcurial offered the ruby ring during its Monaco Auction Week sales, held July 16-19 at the Hotel Hermitage in Monte Carlo.Set in an 18-karat yellow gold daisy-style ring by Guillemin & Soulaine, the stone is surrounded by 10 diamonds weighing between 0.4 and 0.5 carats each. According to its SSEF report, the ruby is unheated and received a "pigeon blood" color grade, consistent with the finest rubies from the legendary Mogok mines in Burma (Myanmar).

A top view of the 7.1 carat Burmese ruby.

“A natural ruby from Burma of this size and quality can be considered very rare and exceptional,” the report reads. The industry has long regarded Burmese rubies as the standard for high-quality rubies.

However, the record-setting price of the ruby ring comes amid a seemingly faltering market for rubies from the region, which are currently banned from the U.S. due to Treasury Department sanctions in 2021 barring U.S. companies from trading with select entities related to Myanmar’s mining ministry.

A Burmese ruby, the 25.59-carat pigeon’s blood “Sunrise Ruby,” once held the record for the world’s highest priced ruby, selling for $30.3 million at Sotheby’s Geneva in 2016 to Austrian billionaire Heidi Horten.