GENEVA (AP) — A rare Burmese ruby in a platinum ring with diamonds sold for $30.3 million at auction, setting a world auction record for any ruby and for any stone by Cartier, according to ...

The sale is led by the Jubilee Ruby, which is the most important Burmese ruby to appear at auction in the United States in over 25 years; the last time being when a 16.20 carat gem Burmese ruby ...

A 4.59-carat Burmese ruby and diamond ring by Tiffany & Co. sold for US$1.15 million at Christie’s New York in June, against a presale estimate of between US$400,000 and US$600,000.

In addition, a Ruby and Diamond Brooch, by Cartier featuring a 10.10-carat Burmese ruby sold for more than 8.4 million at Christie's Hong Kong in November 2014.

Christie's auction site recently shared a listing for a rare Burmese ruby — one that weighs in at a whopping 15.99 carats, aka quite the large size for this type of precious gem.

The gem is set to break the record for the most valuable ruby sold at auction, surpassing “The Sunrise Ruby,” a 25.59-carat Burmese ruby that Sotheby’s sold for $30.3 million in 2015.

Here, the Queen wears the Burmese Ruby and Diamond Tiara to a state banquet in honor of South Korean President Roh Moo-Hyun’s state visit to the U.K.

A rare Burmese ruby in a platinum ring with diamonds sold for $30.3 million at auction, setting a world auction record for any ruby and for any stone by Cartier, according to Sotheby's.