SPH-003

The Midnight Kashmir is a 4.05-carat oval-cut Ceylon sapphire sourced from Sri Lanka in March 2026. Its deep vivid blue — rich and velvety — reaches the upper end of the saturation scale for Ceylon material. The oval cut was selected to maximise light return through the stone's depth, producing the intense colour the designation demands.

Certification is provided by GRS (Gemmological Research Switzerland), the leading authority on coloured gemstone origin and treatment determination. The certificate confirms Ceylon origin and Slightly Enhanced (Heated) treatment — the standard for investment-grade commercial sapphires. Heated Ceylon sapphires at this quality tier carry full market liquidity across European, US, and Asian auction venues.

At 4.05 carats, the Midnight Kashmir sits in the 3–5 carat bracket that commands the highest per-carat premiums in the sapphire investment market — larger than most available material, small enough to remain liquid across buyer categories. The buyback guarantee at 80% of sale price provides floor-price protection for the first 12 months.