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Sri Lanka's gem industry has a very long and colorful history. Sri Lanka was affectionately known as Ratna-Dweepa which means Gem Island. Star stones of the corundum family are either star sapphires or rubies. When light falls on these stones, a star effect is visible (known as asterism). Sri Lanka is the best known source for star sapphires and star rubies. Star sapphires range in colour from grey to bluish-grey and from medium blue to medium dark blue.