RAPAPORT... An early 20th-century ruby and diamond ring garnered nearly eight times its high estimate following a bidding war at a recent Fellows auction.The piece, which featured an unheated 2.20-carat Burmese ruby and 0.65 carats of old-cut diamonds, fetched GBP 19,140 ($25,265) at the March 31 jewelry sale, smashing its upper presale estimate of GBP 2,500 ($3,300). The final price is one of the...
