Sapphires range from $25 per carat to more than $11,000 per carat; the most expensive one ever sold came in at $135,000 per carat. The price of a sapphire is determined based on its quality, which means that a large, low-quality sapphire is much cheaper than a small but very High-Quality Sapphire. Many sources list that sapphires are believed to symbolize wisdom, virtue, good fortune, and holiness for royals. In an engagement ring, a sapphire means faithfulness and sincerity, too.
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