Cornflower blue kashmir sapphire possesses a legendary reputation and is considered top quality gem in the sapphire league.
Kashmir blue sapphire price per carat.
The record price at auction was slightly over 3 million dollars for a 22 66 carat kashmir sapphire that was sold by christie s in new york in 2007.
One carat is 200mg 0 2g just like any other precious gems.
Color a clean deep blue often termed as cornflower blue is the highly priced color variety of kashmir sapphire.
So for the moment we can say that 135 000 per carat is the top price for blue sapphire.
Only the who s who and loaded of the world can afford a kashmir blue sapphire.
That s why the record breaking blue sapphire went for 150 000 per carat or 30 times the bottom basement price.
The price range of kashmir blue sapphire varies from 5000 to 50000 per carat with the highest recorded sale pegged at 180 731 per carat.
In case of price of blue sapphire the most valued color is the medium toned blue with good saturation that is characteristic of the legendary kashmir blue sapphire.
Depending on size prices can vary from 2 000 to 10 000 per carat.
Owing to its rarity and difficulty of procurement kashmir blue sapphire are a darling of a gemstone the collectors.
Auction prices for kashmir sapphires have regularly hit above 150 000 per carat rs 1 crore per carat.
Blue sapphires come in several shades of blue with those ranging from the palest ones with a mere hint of blue now.
In any event the lowest quality kashmir sapphires may go for 5 000 per carat.