Colombian emeralds are known all over the world for their exceptional quality and vibrant green color. Originally from Colombia's mines, these gems have been appreciated for centuries for their beauty and rarity.

However, the price of a Colombian emerald can vary significantly depending on several factors. In this article, we will explore the characteristics that define a Colombian emerald, the process to buy one, and what influences its price.

Characteristics of a Colombian Emerald

Colombian emeralds are recognized for their intense green color, ranging from deep emerald green to softer shades. Unlike emeralds in other regions, Colombian women have unique clarity and brightness, thanks to the special geological conditions in which they form. Here are some key features:

1. Color : The emerald green of Colombian emeralds is the most sought after, with a rich saturation that is due to the presence of chrome and vanadium in its chemical composition. Color intensity is one of the most important factors affecting its price.
2. Clarity: Although Colombian emeralds may have inclusions, known as gardens, clarity is crucial. Inclusions should be carefully evaluated, as a stone with less inclusions may be more valuable.
3. Cut: The cutting of an emerald affects its brightness and overall appearance. A well-made cut maximizes color and clarity, and is fundamental to the value of the gem.
4. Size: The emerald size, measured in carats, also influences its price. The larger emeralds are rarer and therefore more expensive.

Step to Step to Buy a Colombian Emerald

Buying a Colombian emerald can be an exciting experience, but it is important to follow certain steps to ensure a satisfactory purchase:

1. Research and Learn: Familiarize yourself with the characteristics of emeralds, especially Colombian ones. Understanding the terms as color, clarity, and cut, will help you make informed decisions.
2. Set a budget: Define how much you're willing to spend. Colombian emeralds can vary widely in price, so having a clear budget will help you focus on options within your range.
3. Find a Conformable Seller : Look for jewelry or merchants specializing in Colombian emeralds with good reputation. Check your credentials and read opinions from other customers.
4. Request Certification : Make sure the emerald comes with a gemological certificate that guarantees its authenticity and quality. This document will provide details on the color, clarity, cutting and origin of the stone.
5. Inspect the Stone : Examine the emerald under a magnifying glass to verify its clarity and color. Compare different stones and choose the one that best fits your preferences and budget.
6. Negotiate the Price : Do not hesitate to negotiate. The price of an emerald can be flexible, especially if you are shopping at a specialized store or directly from a producer.
7. Check the Return Policy: Before you finish the purchase, make sure you understand the seller's return and warranty policy.

What influences the Price of a Colombian Emerald?

The price of a Colombian emerald is determined by several factors including the characteristics of the stone and other general aspects, let us see:

1. Color: Color is the most influential aspect of price. Emeralds with an intense and uniform green are the most valuable. Darker or lighter shades may be less expensive.
2. Clarity: Inclusions affect clarity and therefore price. Emeralds with less inclusions and a higher degree of transparency tend to have higher prices.
3. Size: The price increases with the size of the emerald. Large stones, especially those with good color and clarity, can reach very high prices.
4. Cut: A good cut that maximizes color and clarity can also increase the value of the gem. The cuts that enhance the beauty of the emerald are often more expensive.
5. Origin: The reputation of Colombian emeralds also plays a role. Gems from Colombia tend to have a premium value due to their superior quality.

IN GENERAL

• Offer and demand: Supply and demand in the global market play a crucial role in determining the price of emeralds. If demand exceeds supply, prices tend to rise. Fluctuations in the demand for Colombian emeralds can influence prices over time.
• Currency: The value of the local currency against the US dollar or the euro may affect the price of emeralds on the international market. Fluctuations in exchange rates can make Colombian emeralds more expensive or cheaper for international buyers.
• Taxes and Tariffs: Taxes and tariffs imposed by the exporting and importing country also impact the final price of emeralds. These additional costs can increase the total price paid by the buyer.
• Production Costs: The costs associated with mining, processing and marketing of emeralds may vary. Emeralds that require higher production costs or come from mines with higher operating costs may have higher prices.
• Market trends: Fashion trends and interest in quality emeralds can influence price. Emeralds that are in high demand due to their exclusivity or popularity may have higher prices.

Paula A. Bonilla

Social communicator and journalist at Sergio Arboleda University in Colombia. She is also a jeweller and passionate about constantly learning about precious gems and high national jewellery.

Currently, he works for one of the most important jewelry stores in Bogotá, Esmeralda by Love. This jewelry has more than 40 years of experience and has 2 physical branches in the capital of Colombia, located in the center of the city.