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Michael Rossi : Rare Natural Ruby Catches Eye of Gemstone and Diamond Buyers Worldwide PDF Print E-mail
Wednesday, 07 November 2007

Michael Rossi : Rare Natural Ruby Catches Eye of Gemstone and Diamond Buyers Worldwide

LOS ANGELES, CA (NAMC) – Gemstone buyers or collectors have always targeted those rare finds that in most cases could not be duplicated. One of the rare finds in the gemstone arena is currently catching the eye of prestigious diamond and gemstone buyers and collectors worldwide. The gemstone is a rare natural uncut ruby that weighs in excess of 44 kilograms.

The Rare Natural Ruby measures 290mm x 280mm x 280mm and has been identified as a rare and unique Gemstone that is one of the world’s largest and rarest examples of a Natural Ruby ever found or mined.

NAMC Worldwide has been speaking to various potential buyers of this rare ruby over the past week and the interest seems to be increasing.

“It’s not everyday that you are able to represent the sale of a rare gem of this nature, we’ve been approached by both jewelry wholesalers, collectors and even had an inquiry of displaying the rare ruby at a museum. By far this 44 kilogram Natural Ruby is the largest gemstone that I’ve encountered.” Stated Lou Victor, Managing Partner at investment banking and commodity consulting Company NAMC Worldwide.

The Natural Uncut Ruby was mined back in the mid 1990’s and has been in safekeeping in the heart of the diamond district in New York City for a number of years. It is only now that the gemstone is holding a for sale tag in the vicinity of high 8-to low 9figures according to Mr. Victor.

“We can’t comment at this point as to who in inquiring or to the numbers that are being discussed but I will say that the ruby is not yet sold and until the agreements are in hand it is still an open issue” added Mr. Lou Victor.

According to NAMC Worldwide the Natural Ruby is free and clear of any encumbrances and this rare find would be available for showing to proven buyers with a genuine interest.

For more information on the 44 kilogram Natural Uncut Ruby go to or call Mr. Lou Victor of NAMC at .

 

Michael Rossi
Business News Correspondent
NAMC Newswire
namcnewswire.com


NAMC Newswire Note:

NAMC Worldwide provides Investment Banking consulting services to both publicly traded and privately held companies, everything from capital raising to mergers and acquisitions. Other areas of focus are Private Equity Capital Raising and Private Commodity Transactions.


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