An emerald’s vivid green colour and regal allure have long enthralled a great number of gemstone collectors and jewellery connoisseurs for thousands of years.
This beloved gemstone – strongly associated with lush terrains and rich greenery – has consistently found its way to royal families’ crown jewels, iconic high jewellery collections and international auctions.
In June, the stunning 18.04-carat Rockefeller emerald, previously owned by the prominent Rockefeller clan, fetched $5.51 million at Christie’s Magnificent Jewels sale in New York.
The stone, described as having a “mesmerising colour and impeccable clarity,” originated from Colombia – home to the famed Muzo emerald district, which has produced some of the world’s most captivating, deep green emeralds.
In this issue, JNA talks to major gemstone dealers including Belmont, Michael Gad Emerald, Global Links, G & D Trade Inc, Emerald House Ltd, Blue Star HK and Sunlight Gems about the latest trends, opportunities and challenges in the global emerald trade.
Brazilian mine-to-market emerald specialist Belmont said the market’s unrelenting love for emeralds has driven demand, which has been robust and growing steadily in the last two years.
Belmont Mine Director Marcelo Ribeiro commented, “Prices are stable and the market is very healthy. We are very optimistic about the demand outlook for emeralds. Emeralds are the ‘new diamonds.’ Emerald has a name that sells since it is recognised worldwide for its rarity and beauty.”
The full story appears in JNA’s July issue. To subscribe, click here.