Sri Lanka Locals Discover $140 Million SAPPHIRE Stone While Digging a Well

Sri Lanka Locals Discover $140 Million SAPPHIRE Stone While Digging a Well

Residents from Ratnapura, Sri Lanka, uncovered a massive stone with 2.5 carats of sapphires while digging a well.

Photo: Mr. Gamage

The pale blue stone, called “Serendipity Sapphire,” costs $140 million on the global market.

“The person digging the well alerted us about some rare stones. Later we stumbled upon this huge specimen,” the owner of the stone told BBC.

The owner kept his information confidential. 

However, he is a third-generation gem trader. Last year, he informed authorities about the find, but it took them more than a year to clean the stone.

While the owner was cleaning the stone, he also noticed that some sapphires became dislodged.

The boulder was not a single stoner but likely a “hundreds of star sapphires connected with other minerals.”

“I have never seen such a large specimen before. This was probably formed around 400 million years ago,” Dr. Gamini Zoysa, a gemmologist, told the BBC.

Gem exports believed that the Serendipity Stone would attract international buyers and experts.

“It is a special star sapphire specimen, probably biggest in the world,” Thilak Weerasinghe said. “Given the size and its value, we think it will interest private collectors or museums.”

Weerasinghe is the National Gem and Jewellery Authority of Sri Lanka chairman.

Meanwhile, Ratnapura, the gem capital of Southeast Asia, also held other valuable stones in the past.

Last year, Sri Lanka earned around a half-billion dollars by exporting gems, cut diamonds, and jewelry.

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