Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Western Star Auction, based in British Columbia, will be auctioning the world’s largest cut emerald on Jan. 28.
The emerald’s name is Teodora, and it weighs 57,000 carats or 25 lbs.
The emerald was found in Brazil and was cut in India.
Mike Odenbach told CBC that the appraised value was $1.15 million. He hopes publicity around the sale will provide a boost to his company.
Image from Western Star Auctions
3 Comments
HA_Jewelry
Wow!
http://jewelry.ha.com/common/search_results.php?Ntk=SI_Titles&Ntt=unmounted%20emerald&Nty=1&N=776+790+231&chkNotSold=0&Ns=
Andre Duarte Machado
It’s so beautiful, wonderful and perfect to a museum where people can share it.
Wickedster
Its called dyed white beryl. It’s for sale all over ebay. There are thousands of large stones for sale on ebay and all of them say they are the worlds largest. Just go type worlds biggest emerald on ebay and see what you get! All with the same story, mined in Brazil and dyed and cut in India and all have so called certificates of authenticity from gemologists. If they were real emeralds they would not be selling on ebay for hundreds of dollars. If anyone pays more than $100 for this stone they are pretty stupid when they can go on ebay and buy the same thing for a few hundred dollars! Experts have confirmed there is no way to tell the original colour because of the dye. Any gemologist who says its authentic is only guessing that it was green to begin with. Experts at GIA say there is no way to tell because of the dye. BUYER BEWARE!