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Article: Colombian emeralds as investment of global scope


Colombian emeralds as investment of global scope

Colombian emeralds are highly valued around the world for their quality and beauty. This, since Colombia is one of the leading producers of emeralds worldwide.

Colombian emeralds are highly appreciated in the jewelry industry and are exported to many countries, estimated that more than 80% of the gems born in Colombia end in Hong Kong, Beijing and Shanghai, the United States, India and Thailand. Therefore, it is worth knowing what its role is worldwide.

Which are the countries that buy Colombian emeralds the most?

Some of the main countries buyers of Colombian emeralds are the United States, India, Thailand, France, the United Kingdom, Switzerland, Germany, Japan and China.

These countries are important centers of the jewelry industry and have a high demand for high quality gems such as Colombian emeralds.

In addition to the beauty and quality of Colombian emeralds, there are several factors that make other countries interested in them. One of them is Colombia's reputation as one of the world's leading emerald producers, which makes Colombian stones highly valued in the international market.

It is also important to mention that the extraction of emeralds in Colombia is done responsibly and sustainably, which is valued by countries that seek to promote ethical and sustainable practices in the jewelry industry.

Figures of Colombian emeralds in the world

Colombian emeralds are highly emitted in the world, and represent an important part of the global gemstone market. Here are some outstanding figures on Colombian emeralds in the world:

Colombia is the world's leading emerald producer, with a 70% share of the global emerald market.

In 2020, exports of Colombian emeralds totaled USD 194 million, according to data from the National Administrative Department of Statistics (DANE).

The United States is the main buyer of Colombian emeralds, with a 42% share of the export market. He is followed by countries such as Switzerland, India, Hong Kong and Thailand.

Colombian emeralds are highly valued for their quality and beauty, and can reach very high prices in the market. For example, in 2017, a Colombian emerald of 18.04 carats was sold for USD 5.5 million at an auction of Christies in Geneva, Switzerland.

Colombian emeralds are an important source of employment and economic development in the country. According to the Colombian Association of Emerald Exporters, the emerald sector directly employs more than 55,000 people in Colombia.

Emeralds that shine in the world

There are several Colombian emeralds that stand out in the world for their beauty, rarity and courage. Some of them include:

1. The Emerald Gachalá: One of the largest and most valuable emeralds in the world, weighs 858 carats and was found in a mine in Gachalá, Colombia in 1967.

2. The Emerald Fura: another of the largest emeralds in the world, weighs 1,738 carats and was found in a mine in Muzo, Colombia in 1999.

3. The Emerald Patricia - a high-quality emerald and intense color, was sold at auction in 2017 for a record price of $18.3 million.

4. The emerald collection of the Museum of Natural History in New York: this is a Colombian emerald carved bird.

5. The Smithsonian Museum of Natural History Collection in Washington, D.C., which includes several high-quality Colombian emeralds.

3. The emerald collection of the Museum of Islamic Art in Doha in Qatar includes several Colombian emeralds.

4. Queen Elizabeth II's collection of jewellery in the UK includes several jewelry with Colombian emeralds.

These are just a few examples of places where Colombian emeralds can be found around the world. These emeralds are highly valued on the international market and are considered some of the most beautiful precious stones in the world.

Paula A. Bonilla 

Social communicator and journalist from Sergio Arboleda University in Colombia. She is also a jeweler and is passionate about constantly learning about precious gems and national high jewelry.

Currently, she is working for one of Bogotá's most important jewelry stores, Emerald by Love. This jewelry store has over 40 years of experience and has 2 physical branches in the capital city of Colombia, located in the city center.

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