What's It Worth? Emeralds Past And Present

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Today I write about the most magnificent emerald we have ever owned.

Emeralds values are based on how green they are and how clean they are. Large, very green but not heavily included can be worth hundreds of thousands of dollars. But heavily included often bring much less. Some people say “flaws” or “carbon,” but these terms are incorrect. Imperfections in emeralds are often referred to as “Jardin”... French for garden.

Enhancing of emeralds is not unusual. Only the finest and rarest of emeralds are untreated. Minor treatment – which GIA calls F1 – is just oiling. Oiling enhances the color of this comparatively soft stone. F2 is more serious, and means that the stone has likely been infused with a substance to enhance its color and clarity. F3 is heavily clarity enhanced and such a stone is of much less value.

We bought this spectacular art deco pin from a Delaware jeweler for $125,000 because of the finely carved, untreated emerald, the amazing design and the two magnificent GIA, GVS1 old European cut diamonds that were almost an exact match. In this pin, a huge natural emerald is finely engraved with the face of Medusa, and is flanked by the two ultra-white diamonds! Obviously artisan made, it is unsigned. We paid $125,000 for this pin and sold it for $135,000 to a jeweler in California, who (sadly) removed the emerald and reset it into a ring.

If you have an expensive piece of jewelry, especially Art Deco, call us for a firm offer.

Whether you are a jeweler, dealer, collector or a private citizen, we want to bid on your item.
Comments, questions or suggestions for this column, please send to [email protected].

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