What’s the rarest gemstone on Earth? Diamond? Ruby? Sapphire? Nope, none of these.
It’s kyawthuite.
The miners who discovered it thought nothing of it. This was in Myanmar, which produces a variety of gemstones: the Burmese ruby, sapphires, spinels, peridots and many others.
They’re recovered in several ways.
These miners were sifting through river gravel when they found a rough, rust-colored crystal they thought was topaz or amber. Nothing extraordinary, so they threw it in the basket to go to the local gem market.
There, Dr. Kyaw Thu, a gemologist, picked it up. It was heavier than most metals. And it had a slightly metallic sheen. He bought it for a few kyats and took it to his workshop.
There he began to study it—and found that it was a crystal compound of two rather rare metallic elements, bismuth and antimony. Surprised, he began to look for other specimens in the literature, and there were… none.
Not a single other specimen of this mineral had been identified anywhere on Earth, ever.
He submitted his finding to the International Mineralogical Association, who officially recognized it as one-of-a-kind—and named it after him: kyawthuite.
If you’d like to see it, the crystal now resides in the Los Angeles Natural History Museum.
What’s such a gemstone worth? Well, with no others to set a market value, it’s simply … priceless.