July Birthstone is Fiery Red Ruby -Diamond Sells For 13.6M At Christies! Do You Know People Born In July?

July 2023, Newsflash

July Birthstone

Ruby

Ruby is a stone of nobility, considered the most magnificent of all gems. This magnificent fiery gemstone is the queen of stones and the stone of kings. Ancients believed it surpassed all other precious stones in virtue and its value exceeded even that of the Diamond. Rubies encourages a passion for your life. This gemstone positively and beneficially makes sure you do not spend time overdoing things. Ruby helps to set realistic goals and improves your motivation. The natural Ruby is one of four “precious” gemstones (including Diamond, Emerald and Sapphire). These gems are known for their rarity and monetary value. The Ruby has a hardness (second only to Diamond). Wearing Ruby jewelry or carrying it can help to overcome exhaustion and lethargy. Ruby is said to stimulate circulation and amplify energy and vitality to the whole human system. Ruby has been known to calm hyperactivity in some individuals as well. Ruby is believed to promote loving, nurturing, health, knowledge and wealth. It has been associated with improved energy and concentration, creativity, loyalty, honor and compassion. Ruby is thought to be protective of one’s home, possessions and family. Ruby helps reduce nightmares, and guards against psychic and psychological attack. It is a shielding gemstone, protecting the home from fire and intruders, and is good to wear discreetly to stay safe at night.

Jewelry Auctions

Ashley Davis National Jewelers

‘Light of Peace’ Diamond

Sells for $13.6M at Christie’s

The top lot at Christie’s New York’s “Magnificent Jewels” sale

was the 126.76-carat “Light of Peace” diamond.

New York—Christie’s drew in jewelry lovers with not one, but two sales held June 2023 in New York. Headlining “Magnificent Jewels” was the “Light of Peace” Diamond, which sold within its $10 million-$15 million pre-sale estimated range, garnering $13.6 million. The 126.76-carat, D-color, internally flawless, Type IIa pear brilliant-cut diamond was offered without reserve. Originally owned by the Zale Corp. of Dallas, which is now owned by Signet, the diamond got its name when Zales would charge for viewings of the stone to benefit charities. Put up for auction by a private owner, a portion of the proceeds from the sale of the rock will benefit USA for UNHCR, the United Nations Refugee Agency.

This 3.10-carat fancy vivid blue diamond ring failed to find a buyer at Christie’s New York in June.

A 71.27 carat Burmese “Royal Blue” sapphire set in a diamond pendant

sold for $4.6 million.

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Style & Trends

Pieces of the Month

The Met Gala 2023’s Most

Memorable Jewelry Moments

Stars turned out in elaborate jewelry for the 2023 Met Gala. From left to right: Emily Ratajkowski in Ana Khouri, Rihanna in Bulgari and other jewels, and Lily Collins in Cartier.

Rihanna piled on another diamond and pearl double-strand necklace atop the

Bulgari and wore a mix of floral and pearl earrings.