An American has purchased a rare intense red 3.69 carat ruby on eBay India for Rs. 8,20,000 ($19,600) making it one of the most expensive jewelry items sold on the country-specific Web auction site.

Arvind Juneja, a Jaipur resident has a family business of Jewellery and registered on eBay in October 2007. He has sold more than 90 pieces of jewelry and gems since October, 2007 on the Web site. His eBay id is “Jewelsafari.”

“I am an avid collector of precious gemstones,” he said. “I wanted to trade my collection with the buyers who really understand the worth of these priceless and unique gemstones.

I am glad that this stone is in the hands of someone who appreciates its true worth.”

The rare ruby is AGTA Certified (American Gem Trade Association Gem Testing Center)