This is a genuine earth mined sapphire. Video of gemstone available on request. Please read the IMPORTANT TERMS AND INFORMATION page at least once as it applies to all listings. ANY questions, please ask. This gem deserves a gold setting. Get one at wholesale ,now or in future.
Retail replacement is for bricks and mortar jewelry stores. I bought directly from the source and can sell for far less. Sapphires are not as expensive as the other corundum, Ruby. The most expensive sapphire to my knowledge sold for approx. $17,00,000.00 at auction. Sapphires wholesale to the trade today for approx. $50 for a 1 cwt stone of very low grade quality to approx. $3,000 for a one carat example of extra fine quality. ($7,000 for an unheated) . The price goes up to well over $20,000 or more per cwt. for extra fine larger examples. ($40,000 for unheated) The retail price will be several times that, depending on the retailers markup.