Looking at the price tag of the Dodama sapphire, if you were able to raise as much from yours, you could indeed by your ranch, fund your research, even build your own lab. (I'll come and work for you in your flash new lab if you like).
I would love it. I will need training on some of the analysis equipment anyway such as the spectrometers.
Here is a little info on Sapphires, for those that want to have a better understanding and may not be quite as nerdy as me. :)
Got some more links for you. This first one has multiple pages on sapphire specifically, but I also recommend reading the pages on ruby as well since this is really red sapphire: