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The Millennium Sapphire is a blue sapphire discovered in 1995 in Madagascar, the natural dark–blue gem weighed 89,850 carats (nearly 40 pounds, or 17.97 kilograms). The Millennium Sapphire History
In October 2014, Sotheby's Hong Kong achieved consecutive per-carat price records for Kashmir sapphires – first with the 12.00 carat Cartier sapphire ring at US$193,975 per carat, then with a 17.16 carat sapphire at US$236,404, and again in June 2015 when the per-carat auction record was set at US$240,205. [39]
Ruspoli Sapphire: 136.9 carats (27.38 g) [11] Stuart Sapphire: Sri Lanka 104 carats (20.8 g) Blue Tower of London [12] Bismarck Sapphire: Myanmar: 98.56 carats (19.712 g) Table Blue National Museum of Natural History, Washington [13] James J. Hill Sapphire: 22.66 carats (4.532 g) Cornflower National Museum of Natural History, Washington [14]
In 2016, jeweler Olivia Young of Ouroboros sold a red spinel ring for £6,000 ($7,700). Last year, the client’s insurance company paid out £30,000 ($38,400) to replace it.
Corundum is a crystalline form of aluminium oxide (Al 2 O 3) typically containing traces of iron, titanium, vanadium, and chromium. [3] [4] It is a rock-forming mineral.It is a naturally transparent material, but can have different colors depending on the presence of transition metal impurities in its crystalline structure. [7]
The Bay of Toliara houses one of Madagascar's oil exploration sites. The sea floor is rich in minerals gemstones (about 200 km to the north lies the Ilakaka sapphire deposit has operated since 1999) and ground salt. More recently, Canadian companies begin operation of the ilmenite in the region of Tolanaro.
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