Sri Lanka Is Looking To Sell ‘Queen of Asia’, Its 310-Kg Blue Sapphire, If The Buyer Pays Over US$100 Mn By: ABP News Bureau The 1,550,000 carats stone is world’s largest natural corundum blue sapphire. A Dubai firm has offered US$100 million but Sri Lanka is looking at a higher price for it. Source:news.abplive.com New Delhi: Sri Lanka is negotiating with a Dubai-based company that has offered US$100 million for its ‘Queen of Asia’, which is said to be the world’s largest natural corundum blue sapphire, local media reported. Sri Lanka unveiled the gem in December, three months after it was found in the gem-rich belt of Ratnapura. According to a report in the Daily Mirror, the government said Thursday talks were going on with the company on the sale of the stone at a higher price. Quoting State Minister of Gem and Jewellery Related Industries Lohan Ratwatte, the report said ...

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“THE CITY OF GEMS”             Ratnapura has always been famous as the City of Gems, in the beautiful “Pearl of the Indian Ocean”, and so, this story does not surprise me at all. I cannot even begin to describe the multiplicity of beautiful gems that are unearthed in Ratnapura. Suffice to say that the main Blue Sapphire in Queen Elizabeth’s “Coronatiin Crown” also came from Ceylon.  Now, let us enjoy this top story from the Daily Mirror, via my good friend Victor Melder. Thank you, Victor.           Desmond Kelly, (Editor-in-Chief)  e’Lanka. World’s largest star sapphire cluster found in backyard Experts say the gemstone has an estimated value of up to $ 100 million Source:FT BBC: Sri Lankan authorities say the world’s largest star sapphire cluster has been found in a backyard – by accident. A gem trader said the stone was ...

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