An important ruby and diamond ring

Details
An important ruby and diamond ring
The central rectangular cushion-shaped ruby weighing 10.15 carats with baguette-cut diamond five-stone stepped shoulders to the plain hoop
With certificate 1227688 dated 25/9/1996 from The Gem Testing Laboratory of Great Britain stating that the ruby is of Burmese (Myanmar) origin, no evidence of heat treatment was observed
Further details
RUBIES AND SAPPHIRES FROM BURMA


"Far away in a remote corner of the earth is a town of mushroom growth, called Mogok....It has but one industry, the recovery of rubies from mud and sand. You may be ever so hungry or thirsty, the first things offered or mentioned to you are rubies. No matter what business may have brought you to Mogok, the natives all assume you are there for rubies - rubies, nothing but rubies....It is said that a king would be ruling at Mandalay today if it had not been for rubies."
(Anonymous 1905, A City Built on Rubies)

Surrounded by mountains rising to heights of 2347m., thick with jungle, infested with fever and inhabited by snakes, tigers, leopards, bears and elephants, the Mogok ruby and sapphire mines of upper Burma have not given up their spoils easily over the centuries.

Evidence of Stone Age remains in the Mogok mining regions may well indicate man's age old fascination with rubies and sapphires. However, early mining of these precious gems was almost certainly carried out by Mongolians around 3,000 BC and later by the headhunting tribesmen of nearby Mong Mit, who accidentally found a "mountain break full of beautiful rubies" in 579 AD.

Ever since then, this region of remarkably rich mineral deposits has been the focus of many a battle and political struggle to secure the riches of kings. More famous for producing the world's finest rubies, its important production of gem quality sapphires should not be overlooked.

The Anglo Burmese wars of 1824-6 and 1852-3 brought about the British occupation of Burma and in 1855 commercial disputes, corruption and massacres at court gave the British an excuse to annex all of Upper Burma, including the Mogok stone track.

In 1889 the Streeter Syndicate amalgamated with the Rothschilds to form the Burma Ruby Mines Ltd. and created pandemonium on the stock exchange when the company was floated and severely oversubscribed, pushing ordinary shares up in value by 400

On January 5th, 1948, Burma, and its heavily worked Mogok miners, regained its independence and thus began one of the longest dictatorships during the 20th Century, under the command of General Ne Win.

Today, mining of this inhospitable region still continues and although mining methods have improved over the past few years, production remains small. This has pushed prices for fine Mogok rubies and sapphires to record levels.

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