Blue star sapphire worth $100 million – ‘discovered in Sri Lanka’
The World’s biggest blue star sapphire, weighting in at 1,404.49 carats, equivalent to about 280g and valued at $100 million, has been found in a mine in Sri Lanka.
It has now been valued by Local gemologists say the gem is worth at least $100 million, with estimates that it could sell for up to $175 million at auction.
According to local media News broke in Sri Lanka on New Year’s Day, of discovery of the world’s largest known Blue Star Sapphire valued by local gemologists at a stunning $100 million and hitting the scales weighting at an incredible 1404.49 carats. The gem was discovered last August in Ratnapura, which is known as the City of Gems.
The current owner, who refused to be identified, told the paper the sapphire was “destined to be a priceless museum piece” and that the stone is so big it “cannot set in any kind of jewelery.”
The owner of the sapphire said, “The movement I saw it, decided to buy. I suspected that it might be the world’s largest blue star sapphire. So I took a risk and bought it,” but he would not reveal how much he paid for the gem.
The blue sapphire owner said to have called the gem “The Star of Adam” after a Muslim belief that Adam arrived in Sri Lanka after being sent away from the Garden of Eden. It is claimed he then lived on the slopes of a mountain now known as Adam’s Peak.
The previous record for a blue star sapphire is 1,395 carats.
Blue star sapphires are so named because of the distinctive mark found at their centre. An expert said the engagement ring for Catherine Middleton, the Duchess of Cambridge, included a sapphire mined in the country in the 1970s.