Gem Knowledge

The Most Valuable Gemstones Found in Sri Lanka

March 09, 2026 7 min readGem Knowledge
The Most Valuable Gemstones Found in Sri Lanka

Sri Lanka produces an extraordinary variety of gemstones. These are among the most valuable and sought-after stones the island is known for.

Padparadscha sapphire

The rare pink-orange “lotus” sapphire is Sri Lanka’s most coveted gem, and fine examples can rival or exceed blue sapphire in price.

Blue and fancy sapphires

Vivid blue sapphires lead the island’s reputation, but fine yellow, pink and white sapphires are highly valued too — especially in untreated form.

Ruby

Ceylon rubies — bright, often pinkish-red corundum — are prized for their clarity and ethical provenance.

Star sapphires and cat’s-eye chrysoberyl

Sri Lanka is famous for phenomenal gems: star sapphires showing a six-rayed star, and cat’s-eye chrysoberyl with a single luminous band of light — both highly collectible.

Spinel and others

Vibrant red and pink spinels, garnets and other natural stones round out the island’s remarkable gem wealth.

Questions & Answers

Frequently asked questions

What is the most valuable gemstone in Sri Lanka?

Fine padparadscha sapphire is among the most valuable, alongside top-colour blue sapphire and ruby — particularly untreated, certified stones.

What is a star sapphire?

A star sapphire is a sapphire that displays a six-rayed star of light (asterism) across its surface, caused by fine needle-like inclusions; Sri Lanka is a famous source.

Begin a partnership

Source Ceylon's finest gems with complete confidence.

Whether you're buying, selling, or planning a visit to the source — talk to our gemologists. An expert opinion costs nothing.