Average US$ per Carat at Auction, page-4

  1. 19,965 Posts.
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    For new people thinking of adding their own estimate I should mention that most of the people on this list gave their estimate before the last inventory update (i.e. when we were aiming for 200K not 300K+) and also before we knew MUS were sorting out the low quality stones. I will stick with my original estimate, but I am biased higher now.

    I think the key number is going to be lots sold. Assuming MUS have got the price right and the quality is good, will the market be able to absorb this volume of ruby? All this indications are that it won't be saturated, but this is now the biggest unknown left.
 
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