What Is My Emerald Worth? | CHURINGA Diamonds JEWELRY

In June of 2017, Harry Winston purchased an 18.04-carat emerald ring once owned by the Rockefeller family for $5.5 million, setting a record for the most expensive per-carat emerald ever sold. This sale is representative of the increasingly high prices emeralds are fetching at market and the excitement and fervor behind emerald sales. Maybe you are in possession of an emerald, looking to sell an emerald,  or perhaps are just curious about how much an emerald is worth. This article will answer some of the most common questions regarding emeralds and their value.

History of the Emerald

Found all over the world, from Colombia and Brazil to Pakistan, Russia, Afghanistan, and Zambia, emeralds are some of the most desirable gemstones on the market. Stemming from the ancient Greek work “smaragdus”, meaning green, emeralds have a long and illustrious history. Traditionally, emeralds are meant to symbolize growth, reflection, and balance. As early as 3000 BC, emeralds were traded in Babylonian markets. Aristotle spoke about the great powers emeralds can bestow upon their wearer. During Ancient Egyptian times, Cleopatra was enamored by the Egyptian emerald mines and owned an extensive emerald collection. Ancient Roman philosopher Pliny the Elder wrote about emeralds in his Natural History tome in the 1st century. In the 16th century, the Spanish explorers plundered emeralds from the New World, trading them for other materials. In more contemporary times, icons such as Elizabeth Taylor, Grace Kelly, Jackie Kennedy, and more have sported emerald engagement gifts. The allure and intrigue of emeralds is only continuing to grow.

WHAT FACTORS AFFECT THE VALUE OF MY EMERALD?

So, how much is your emerald worth? When assessing the value of your emerald there are a number of factors to look at:

  • Color
  • Clarity grade
  • Cut grade
  • Carat weight
  • Origin
  • Treatments
  • Market condition
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