Headlines

Uncovered in Sri Lanka, the World’s Largest Blue Star Sapphire

Published

8 years ago

January 6, 2016

INSTORE Staff

It could fetch almost double its value at auction, the owner says.

A blue star sapphire recently discovered in a Sri Lanka mine is the world’s largest, according to gemologists in the country who spoke with BBC. The report says that the gem weighs 1404.49 carats and is estimated to be worth at least $100 million, though it could – according to its owner – sell for $175 million. Appropriately enough, the mine in which the sapphire was found is located in the city of Ratnapura, otherwise known as the “City of Gems.”

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”