Natural Star Sapphire Gem Stone
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09/06/2021
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World-wide Gem Stone Collection - YouTube Sri Lanka’s gem industry has a very long and colorful history. Sri Lanka was affectionately known as Ratna-Dweepa which means Gem Island. The name is a refle...
09/06/2021
Owner of world’s biggest sapphire puts a price on it
COLOMBO, SRI LANKA—A Sri Lankan gem merchant claiming to have the world’s biggest star blue sapphire is ready to sell the precious stone he says is worth at least $300 million U.S.
The Gemological Institute of Colombo certified the gem as weighing 1404.49 carats. The institute’s chief gemologist Ashan Amarasinghe said according to the available data, the stone could be the biggest of its type.
The oval-shaped gem is as large as a man’s palm and was mined from a gem pit near the central town of Ratnapura, known as the “gem city” of Sri Lanka.
The present owner says he bought the sapphire last September from a local gem merchant and got it certified from the GIC. The owner spoke to a reporter at his home in the capital Colombo but asked for his identity to not to revealed because he fears that he might be abducted or killed for the stone.
The institute’s certification report says the stone is a “large specimen of unheated Blue Star Sapphire with a well-defined Asterism (star effect).”
The owner said the stone was brought to him cut and polished and he knew it was rare because of the size and the star on it.
He said he is willing to sell it, for the right price. The owner previously tagged a price of $100 million. But he said its fame has raised its value and he hopes it would be sold for around $300 million. He’s already had offers but hasn’t accepted any.
By Bharatha MallawarachiThe Associated Press
Fri., Jan. 8, 2016
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