LINCOLN RUBY GOES TO GIA When Indian gem carver and dealer P.C. Lunia found inspiration in the words of Abraham Lincoln, he wanted to honor the former president by carving a ruby in his likeness. Lunia set to the task three years ago when he acquired a 3,300-ct. ruby. After many months of work, he unveiled the completed piece May 23 and donated it to the Gemological Institute of America. The finished piece weighs 1,000 carats, says gem dealer Martin Harman, who heads GIA's Treasured Gifts Council. Lunia worked on the ruby in his studio in Jaipur, India, and brought it to New York in the spring in hopes of selling it, says Harman. "I prevailed upon him to donate this rare jewel to GIA to help set an example to the Indian gem community here that GIA helps educate the world industry." The ruby is valued at $250,000 and is on permanent display at GIA headquarters, he says. IPA AUCT

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