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Sapphires are a precious gemstone, a variety of the mineral corundum, consisting of aluminum oxide (α-Al 2 O 3) with trace amounts of elements such as iron, titanium, chromium, copper, or magnesium. It is typically blue, but natural "fancy" sapphires also occur in yellow, purple, orange, and green colors; "parti sapphires" show two or more colors.
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]
The Inamori synthetic alexandrite had a cat's eye variety, which showed a distinct color change. The eye was broad and of moderate intensity. Specimens were a dark greyish-green with slightly purple overtones under fluorescent lighting. The eye was slightly greenish-bluish-white and the stones were dull and oily.
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.
Gemstones of the World revised 5th edition, 2013 by Walter Schumann ISBN 978-1454909538 Smithsonian Handbook: Gemstones by Cally Hall, 2nd ed. 2002 ISBN 978-0789489852 hide
"Yogo sapphire" is the preferred term for gems found in the Yogo Gulch, whereas "Montana sapphire" generally refers to gems found in other Montana locations. [18] More gem-quality sapphires are produced in Montana than anywhere else in North America. [18] Montana sapphires come in a variety of colors, though rubies are rare. [16] [18] [23]
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