What makes Colombian emeralds so valuable?

Colombian emeralds are renowned worldwide for their exceptional quality, deep green color, and fascinating history. Considered the finest emeralds in the world, these gems have been admired for centuries and are highly valued in international markets. But what really makes Colombian emeralds so valuable?

Characteristics of Colombian Emeralds

Colombian emeralds stand out for several characteristics that distinguish them from other emeralds from different parts of the world:

1. Color : Colombian emeralds are famous for their intense green color, which varies from a deep emerald green to a lighter shade with blue undertones. This color is indicative of the purity and high quality of the gems mined in Colombian mines.
2. Clarity : Unlike emeralds from other regions, Colombian emeralds tend to have fewer visible inclusions, which gives them greater clarity and brilliance. These inclusions, known as "gardens," do not diminish their value; on the contrary, they can increase their attractiveness as they are considered a unique characteristic of each stone.
3. Geological Origin : Colombian emeralds are formed under unique geological conditions, in hydrothermal deposits not found anywhere else in the world. This unique formation contributes to the high quality of Colombian gems.

Why are Colombian Emeralds the Most Famous?

Colombian emeralds have gained an unrivalled reputation for their beauty and quality. This fame is due to several factors:

• History and tradition : Since pre-Columbian times, emeralds have been an essential part of Colombia's culture and economy. Ancient civilizations, such as the Muiscas, already valued these gems, using them in rituals and as a symbol of power and status.
• Mineral wealth : Colombia is home to some of the richest emerald mines in the world, including Muzo, Coscuez and Chivor. These mines have produced some of the largest and most valuable emeralds ever discovered.
• Global Preference : Colombian emeralds are a favorite among jewelers and collectors around the world due to their vibrant color and ability to be cut into exquisite cuts, which increases their demand and, therefore, their value in the international market.

Colombian emeralds and their value in different countries

The value of Colombian emeralds varies depending on the market in which they are bought and sold. Below is how these gems are valued in 10 different countries:

1. United States : The largest market for Colombian emeralds, where their value is highly appreciated due to the high demand for fine jewelry. Here, a high-quality emerald can reach prices in excess of $50,000 USD per carat.
2. Switzerland : In Switzerland, home to major luxury auction houses, Colombian emeralds are extremely prized, especially in vintage jewelry, with prices that can exceed $70,000 USD per carat.
3. United Arab Emirates : In Dubai, Colombian emeralds are highly sought after in the luxury market, with prices ranging from $30,000 to $60,000 USD per carat, depending on quality and size.
4. Japan : In Japan, Colombian emeralds are prized for their purity and color, and are often used in exclusive jewelry pieces. Prices typically range from $25,000 to $55,000 USD per carat.
5. China : With a growing market for precious gems, Colombian emeralds have gained popularity in China, where they can fetch between $20,000 and $50,000 USD per carat.
6. India : India, with its long tradition of using emeralds in jewelry, values ​​Colombian emeralds in the range of $15,000 to $45,000 USD per carat.
7. United Kingdom : In the United Kingdom, Colombian emeralds are in high demand, especially at auctions, where they can sell for between $40,000 and $65,000 USD per carat.
8. France : Known for its sophistication in fashion and jewelry, France values ​​Colombian emeralds between $35,000 and $60,000 USD per carat.
9. Russia : In Russia, Colombian emeralds are symbols of luxury and status, with prices ranging from $30,000 to $55,000 USD per carat.
10. Saudi Arabia : In Saudi Arabia, where gemstones are a symbol of wealth, Colombian emeralds can fetch prices of between $25,000 and $50,000 USD per carat.

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 fine jewelry.

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