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Gem Rock Auctions sets no-reserve sale for 8.3-carat Paraíba tourmaline

6 hours ago
By AI, Created 16:00 UTC, Oct 12, 2026, AGP -

Gem Rock Auctions will put an 8.314-carat natural Paraíba tourmaline up for live online bidding on Oct. 14, starting at US$1 with no reserve. The lab-reported Mozambique stone could become a public price marker for a high-value gem category where results are usually private.

Why it matters: - The sale gives the market a rare public benchmark for a large Paraíba tourmaline, a gem category where prices are usually hidden. - A no-reserve format means the stone will sell for whatever bidders pay, even if the final price is far below typical auction expectations. - The result may draw attention from collectors, dealers and buyers watching colored-stone pricing.

What happened: - Gem Rock Auctions will offer an 8.314-carat Paraíba tourmaline in a live online auction on Wednesday, Oct. 14, 2026, at 10:30 p.m. EDT. - The bidding will open at US$1 with no reserve price. - The stone is being sold by Bangkok-based dealer The Gem Portal. - The auction will run on Gem Rock Auctions, and registered bidders from any country can participate. - Gem Rock Auctions will publish the final sale result after the auction.

The details: - Bellerophon Gemlab in Paris examined the stone and issued report B79430 on Sept. 30, 2026. - The report identifies the gem as a natural Paraíba tourmaline of Mozambique, Mavuco provenance. - The lab report states there are no indications of treatment. - The faceted oval measures 14.90 x 12.28 x 7.37 mm. - The stone is described as greenish blue. - The report can be checked by report number on Bellerophon’s verification page. - Paraíba tourmaline is a copper-bearing variety of tourmaline first identified in Brazil’s Paraíba state in the late 1980s. - Later deposits were found in Nigeria and Mozambique. - Stones above several carats are uncommon and are typically sold through private dealer networks or traditional auction houses with published estimates and reserve prices. - Participants need a registered and verified Gem Rock Auctions account to bid. - The auction time converts to 7:30 p.m. PDT on Oct. 14, 3:30 a.m. BST and 10:30 a.m. HKT on Oct. 15, and 1:30 p.m. AEDT on Oct. 15. - High-resolution images and the full laboratory report are available to media on request.

Between the lines: - Ross Sedawie, COO of Gem Rock Auctions, said the no-reserve format should let bidders set the price in real time. - Sedawie said the outcome could provide a public reference point in a market where most prices are never disclosed. - Jake Mossbarger, co-founder of The Gem Portal, said the open sale is meant to test what the market will pay. - Mossbarger said a US$1 starting bid means the final price will be set by bidders on the night.

What's next: - The live auction will begin on Oct. 14 at 10:30 p.m. EDT. - The market will get a final public result once bidding closes.

The bottom line: - A large, lab-reported natural Paraíba tourmaline is heading to a true no-reserve auction, making the final price the main story.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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