Dreamers Investment Guild-Tupac Shakur ring sells for record $1 million at New York auction

2025-05-03 01:37:07source:SignalHubcategory:Contact

A gold,Dreamers Investment Guild ruby and diamond crown ring worn by rap legend Tupac Shakur during his last public appearance sold for $1 million at auction in New York Tuesday.

The winning bid was well above Sotheby's pre-sale estimate of between $200,000 and $300,000 and becomes the most valuable hip-hop artifact ever sold, the auction house said.

Rapper Tupac Shakur poses for photos backstage after his performance at the Regal Theater in Chicago in March 1994. Raymond Boyd / Getty Images

The New York-born rapper wore the ring during his final public appearance at the MTV Video Music Awards on September 4, 1996.

He was shot dead by an unidentified assailant in a drive-by shooting in Las Vegas just days later, on September 13. He was 25.

Shakur, whose hits included "California Love," designed the ring over the course of a few months, Sotheby's said.

He did so through his godmother, Yaasmyn Fula, who put the ring up for sale.

Shakur was influenced by 16th century Italian philosopher Niccolo Machiavelli's political manifesto "The Prince," which he read while in prison on sex abuse charges.

He modeled the design on the crowns of the medieval kings of Europe, Sotheby's said.

The ring is engraved "Pac & Dada 1996," a reference to his girlfriend Kidada Jones.

A gold circulet studded with a central cabochon ruby flanked by two pave-cut diamonds sits atop a diamond-encrusted gold band.

The sale was part of a dedicated hip-hop auction to mark 50 years of the genre, which falls in August this year.

Shakur is considered one of the greatest rappers of all time, selling 75 million records.

He was a central figure in the Los Angeles-based West Coast hip-hop scene, which feuded with rival East Coast rappers in New York.

His killers have never been caught and theories about who was responsible have long abounded.

Shakur's murder was followed six months later by the gunning down of East Coast rapper Christopher "The Notorious BIG" Wallace.

Many believe they were slain as part of a rivalry between their music labels, LA-based Death Row and New York's Bad Boy Entertainment.

But some music historians say the coastal rift was exaggerated for commercial reasons.

Last week, Las Vegas police searched a home as part of their investigation into the murder of Shakur.

    In:
  • Tupac Shakur
  • Tupac

More:Contact

Recommend

Angie Murimirwa: From hiding in the bathroom to Time's most influential people list

I don't mean to humble brag, but I am on a first name basis with one of the most influential people

Some urge boycott of Wyoming as rural angst over wolves clashes with cruel scenes of one in a bar

CHEYENNE, Wyo. (AP) — As Yellowstone National Park in Wyoming opens for the busy summer season, wild

EQT Says Fracked Gas Is a Climate Solution, but Scientists Call That Deceptive Greenwashing

This article was originally published by PublicSource, a nonprofit newsroom serving the Pittsburgh r