Sri Lanka Reveals Largest Purple Star Sapphire Valued at $300 Million

A remarkable purple star sapphire weighing an astonishing 3,563 carats was unveiled in Sri Lanka, claiming the title of the largest documented natural purple star sapphire in existence. The gem, named the “Star of Pure Land,” is currently on the market with an estimated value of at least $300 million. The owners have opted to remain anonymous but are actively seeking buyers.

The sapphire was discovered in 2023 near the city of Rathnapura, a region renowned for its rich gem deposits. Consultant gemologist Ashan Amarasinghe noted that the gem exhibits a distinctive asterism, characterized by six rays that create a striking star-like effect on its surface. This unique feature contributes to the sapphire’s exceptional value and appeal.

Significance of the Discovery

The unveiling of the “Star of Pure Land” has garnered significant attention not only for its size but also for its rarity in the gemstone market. According to Amarasinghe, the asterism in the stone is well-defined, making it a standout specimen among other gemstones. The certification of the sapphire by two reputable laboratories further enhances its legitimacy and desirability.

Rathnapura, often referred to as the “city of gems,” has a long history of gemstone mining and trading. The discovery of such a monumental sapphire adds to the city’s legacy as a global hub for high-quality gems. Gem enthusiasts and collectors are expected to closely monitor the sale of this extraordinary sapphire, as it represents a significant opportunity for investment in the luxury gemstone market.

As the owners prepare to sell, the world watches with anticipation to see what impact this gem will have on both the local and international gemstone industries. The potential sale of the “Star of Pure Land” could set new benchmarks for sapphire prices, particularly in the high-value segment of the market.

This extraordinary gem exemplifies the natural beauty and geological significance of Sri Lanka’s gem industry, reinforcing the country’s reputation as a leading source of precious stones. With its remarkable size and unique features, the “Star of Pure Land” is sure to capture the interest of collectors and investors alike in the coming months.