During one of the most prestigious jewelry auctions in London, a 25-carat Burmese ruby with pure red color and exceptional clarity caught the attention of collectors and was sold for \$12 million.
This ruby, mined from the ancient Burmese mines, is considered one of the rarest specimens in the world and has received the highest quality grade due to its natural color and excellent cut.
Experts believe that the sale of this precious stone signifies the return of the global rare gemstone market to prosperity after the recent economic recession.