The GEMHUNTER

Professor Hausel's Guide to Finding Gemstones, Diamonds, Gold, Rocks & Minerals 

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Record Price for Sapphire

Posted by gemhunter on March 21, 2014 at 3:20 PM

When most of us think of corundum, we visualize the intense pigeon’s blood purplish-red color of Burmese ruby, the satiated blue of Kashmir sapphire or the subtlety of pink and orange Padparadscha sapphire. Sapphire and ruby are two of the better known gemstones in the world and two of the more valuable gems.

 

Rare pink Padparadscha sapphires of Sri Lanka are extraordinary, but, it is the blue sapphire that brings the highest prices for sapphire. One 62-carat royal-blue rectangular cut sapphire sold for $2.8 million. In 2007, another Kashmir blue sapphire of 22.66 carats sold for US$3,064,000 or $135,216 per carat and in 2012, another Kashmir blue 8.91 carat cushin cut sapphire sold at auction for $1.37 million, or $154,000 per carat.

 

Categories: Gemstone Discoveries

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