According to offical spokesman that this is for the 3rd time since 1988 that the corporation has notified sale of rough sapphire through open auction. The last auction was held by the corporation on 8th and 9th February, 2010 yielding a revenue of Rs. 74.69 lakh to the corporation.
This time the corporation shall put on sale around 14,493,870 grams of rough sapphire corundum including crystals in open auction.
This precious mineral is world famous because of its unique peacock neck blue colour and is rarely available in the world. The gem merchants and jewellers with and outside the country can avail the golden opportunity and buy the unique mineral through this auction.