Sapphire gemstone is a variety of corundum and one of the most precious gemstones. It’s the birthstone for September. The stone is most commonly blue in color, including shades such as Cornflower Blue or Royal Blue like the engagement ring worn by Kate Middleton. Natural Fancy sapphire gemstones also occur in pink, yellow, orange, purple, and green colors. The Padparadscha sapphire gemstone is highly coveted for its unique orangish-pink color. Kashmir sapphire gemstones command the highest price, but fine-quality gems are also produced in large quantities by Burma, Sri Lanka, and Madagascar.