Serendipity Sapphire flown to Switzerland with No Insurance

COLOMBO (News 1st); Information has come to light that only Rs. 1000/- was placed as a service deposit with the National Gem and Jewellery Authority of Sri Lanka to release what is known as the World’s Largest Star Sapphire, to be tested in Switzerland.

The cluster of rare stones was flown to the Gübelin Gem Lab in Switzerland for a Gemmological analysis and report.

News 1st is in possession of footage of the cluster of stone being prepared to be sent overseas.

It must be noted that an uncut rough stone was sent overseas.

For this purpose, special approval is required and 25% of the value must be deposited with the National Gem and Jewellery Authority of Sri Lanka.

Surprisingly, only Rs. 1000/- was placed with the National Gem and Jewellery Authority of Sri Lanka as a service fee.

What is even more surprising is that the stone is going to Switzerland with zero insurance cover, sources have confirmed.

The Chairman of the Gem and Jewellery Authority Thilak Weerasinghe told News 1st on July 29th that the Serendipity Sapphire weighs 510 kg and is valued at over $200 million.

He said the discovery of the Star Sapphire was made around 08 months ago and it was not revealed at the time as the process of declaring the discovery was to be followed to the letter.

The dimensions of the World’s largest Star Sapphire is 100 cm in length, 72 cm in width, and 50 cm in height.