1,156 carat Sapphire was used as a doorstop for 9 years

main_blackstarBack in 1938, 12 year old Roy Spencer found a huge rock on a nearby hillside. He brought it home and showed his dad, who shrugged it off as just another crystal rock and decided to use it as a doorstop in their home. The dad, Harry Spencer, was a pioneering miner in Queensland Australia, did not know that indeed sapphires can also come in an unique black color.

Several years later, in 1947, Harry Spencer offered the 1,156 carat gemstone for sale. The news spread that it was offered for sale and Armenian-born jeweler Harry Kazanjian, traveled from Los Angeles to Australia to check out the gemstone and possibly make a deal. Kazanjian offered to pay $18,000 which is approximately $185,000 in today’s dollars.

For a couple months, Kazanjian studied the newly acquired gemstone to figure out the best way to cut it. After he cut the gemstone, the value jumped to a whopping $1 million dollars for the expertly cut 733-carat black star sapphire in 1949.

51441160In the 70’s the precious gemstone was worn by Cher and has also been on display with the “Hope Diamond.” The stone is known as “The Black Star of Queensland” and is the most expensive and well known Sapphire in the world, valued at $80 million and is set with 35 diamonds surrounding it. It is now owned by a private party and is not believed to be on display to the public.

The Sapphire has a long history, which you can read more about it here.

[Source: Wiki – The Black Star of Queensland]

About Jewelry Warehouse

Jewelry Warehouse is a locally owned jewelry store that has four locations located in Columbia SC. We have been voted best jewelry store by the State newspaper – the largest paper in SC, for 19 years in a row. Originally founded in 1969, George Satterfield started the Jewelry Warehouse. It was his vision to always get quality jewelry but to price lower than traditional jewelry stores. After 40 years his vision has continued even after his death in 2005. With the growth and development of the internet, the plan is stronger than ever as not only does The Jewelry Warehouse still offer the best price and quality in SC, it now has the best pricing in the United States! People from California to New York now can get jewelry that is sold in the cities for significantly more, at South Carolina pricing. With a satisfaction Guarantee, buying from Jewelry Warehouse gives people everywhere a risk free opportunity to try us and save on quality merchandise.
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