Arab Today, arab today sri lankan seeks 300m for rare blue star sapphire
Last Updated : GMT 00:36:22
Arab Today, arab today
Arab Today, arab today

Sri Lankan seeks $300m for rare blue star sapphire

Arab Today, arab today

Arab Today, arab today Sri Lankan seeks $300m for rare blue star sapphire

A Sri Lankan gem trader is asking $300 mn for the world's largest blue star sapphire
Colombo - AFP

A Sri Lankan gem trader who owns the world's largest blue star sapphire has decided to sell the dazzling stone, with a dizzying asking price of $300 million.

The rare, egg-shaped stone weighs 1,404.49 carats and has been authenticated as the biggest of its kind at the Gemological Institute of Colombo (GIC), a private laboratory in the Sri Lankan capital.

"Looking at the reserve price of other very famous gems, I have now valued this at over $300 million," the owner, who wants to remain anonymous for fear the stone might be stolen, told AFP.

Unlike blue sapphires which have complete clarity of colour, blue star sapphires, a form of corundum, are opaque -- but when placed under light reveal a six-line star.  

Industry experts said the stone was so rare it was impossible to give a valuation.

"We can't put a price on something like this. It is so rare and unlike other (smaller) sapphires, this is not a stone that can be replaced," Ashan Amarasinghe, leading gemologist with the GIC, told AFP.

"This is something only collectors or museums can afford," he said.

The owner said he based his asking price on the Black Star of Queensland, a star sapphire which was reportedly sold for $100 million in 2002, although details were not publicly disclosed.

The gem, named Lankan Star of Adam by its owner, beat the previous record for the biggest stone of its kind -- also held by a Sri Lankan businessman -- by about nine carats.

Both sapphires were found in Sri Lanka's central region of Ratnapura which is known as the island's gem capital, industry officials said.

The owner said he bought it for an undisclosed price in September before realising the rarity of his find -- which he has kept a closely guarded secret.

"I have lived in affluence, but now I feel even more blessed," he said. "This (find) has not changed my lifestyle. But, I feel thrilled to be the man owning this gem. It is good for the ego."

Sri Lanka is known for its blue sapphires, one of which was used in the engagement ring of Catherine Middleton, the Duchess of Cambridge, and formerly owned by Princess Diana.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sri lankan seeks 300m for rare blue star sapphire Arab Today, arab today sri lankan seeks 300m for rare blue star sapphire

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Leader Omar Abdel Rahman dies in US prison

GMT 19:00 2017 Sunday ,19 February

Leader Omar Abdel Rahman dies in US prison
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday