Emeralds are about color is a truism
in the gem and jewelry industries. Which is another way of saying that emeralds
without inclusions are exceedingly rare and expensive. Even tiny gems of good
good clarity and fine color command stiff prices. I recently was offered a
parcel of 1.3 mm stones by an Asian cutter for $550 per carat. That's more than
$5 for each 1/100th carat stone.
Emeralds are about color and not about
clarity is also true because of their unique and pleasing color. This green
variety of beryl must contain chromium or vanadium to actually be emerald - by
definition. Other members of the beryl family, such as...
aquamarine blue to blue-green color)
morganite (pink to peach color)
golden beryl (strong golden yellow
heliodor (pale yellow color)
green beryl (pastel green color, but
lacking chromium or vanadium)
goshenite (colorless, also called white
These crystals occur in jewelry sizes and often
yield inclusion free gems. The chemical composition and crystal growth process and
conditions cause most emerald crystals to be included.
Included, inclusions, the garden... these are
all references applied to the May birthstone by the gem and jewelry industries.
Three phase inclusions are decidedly the most intriguing of emerald inclusions.
Triple phase inclusions have solid inclusions, liquid inclusions, and gas
inclusions (a bubble) within the gem.
So, unless you are an extremely wealthy
person, your emerald will probably not be comparable to those of Elizabeth
Taylor. Most available emerald gemstones are pale, inky dark, opaque, or of
good color and included.
Emeralds are about color, and the color
is beautiful. Thank goodness you can own emeralds no matter which month you
Top - A very good Colombian emerald
proudly displaying it's "garden" to validate that it is a
Below - An example of fine Russian emeralds from the
Elizabeth Taylor private jewelry collection.
Below - An example of a pale and somewhat opaque 0.35
carat commercial emerald.
- Two images of this month's special offer- Emeralds with
good saturated color. Included, as you can see.
Lower - World's largest emerald?
A Google search using keywords such as emerald color or emerald
inclusions can return some very interesting
information and websites.
Readers have requested that I offer a special deal on a
different gem in each newsletter. I am not able to offer gems at prices below my
cost as some readers have requested, but I will offer them at very low prices.
We keep gem prices low by buying quality gemstone rough
worldwide, and having the rough material cut by our gem cutters in Asia.
This month's featured item is a matched pair of colorless
(white) zircons, the recognized natural substitute for diamonds.
Shape: Oval -
These gems are native cut, so size varies slightly.
Approximately 7 mm x 5 mm, Approximately 0.7 carats
2010 newsletter carried a story about a huge emerald, known as the Bahia
Emerald and its disputed
ownership claims. We have a tentative court decision on that issue. Questions regarding how much of the emerald is
gem quality have yet to be
Business Wire reports the story...
Judge Rejects Anthony Thomas’ Claim to
Ownership of the Bahia Emerald
April 11, 2011, Los Angeles Superior Court Judge John A. Kronstadt signed a
Tentative and Proposed Statement of Decision finding Anthony Thomas’ claim of
ownership of the Bahia Emerald not credible. After hearing the evidence, the
Judge found that Mr. Thomas never purchased the Bahia Emerald. If the Judge’s
Tentative and Proposed Statement of Decision becomes final, Mr. Thomas will
have no claim to ownership of the Bahia Emerald.
stand behind FM Holdings, Inc. and are confident that it will prevail as the
legal and rightful owner of the Bahia Emerald.”
Respondents Kit Morrison, Todd Armstrong, Jerry Ferrara, and FM
Holdings, Inc. successfully argued that Mr. Thomas’ claim of title of the
Bahia Emerald was not credible and should be barred as a matter of law. They
are represented by Browne Greene with the Santa Monica, CA. law firm of Greene
Broillet & Wheeler (www.greene-broillet.com)
and Daniel K. Balaban and Andrew J. Spielberger with the Santa Monica, CA. law
firm of Balaban & Spielberger (www.balaban-spielberger.com).
Last year, on September 8, 2010, Respondents Kit Morrison, Todd
Armstrong, Jerry Ferrara, and FM Holdings, Inc. reached an undisclosed
settlement with Petitioners Ken Conetto and Forrest Wayne Catlett. FM Holdings,
Inc. which stands for “Ferrara & Morrison Holdings, Inc.” is a
corporate entity whose shareholders include Jerry Ferrara, Kit Morrison and
“We are very satisfied with the Judge's findings pertaining to
Mr. Thomas’ claiming ownership of the Bahia Emerald,” stated Browne Greene.
“We stand behind FM Holdings, Inc. and are confident that it will prevail as
the legal and rightful owner of the Bahia Emerald.”
The Bahia Emerald, at 840 pounds, is said to be the world’s
largest raw emerald. Until the ownership dispute is resolved, the Bahia Emerald
remains in the custody of the Los Angeles Sheriff’s Department.
Day is coming. This is another great sales opportunity. There are
many husbands in your circle that have no ideas on what to give. Help
We should also be focusing on
building inventory. And, we must continue servicing our customers, recruiting new customers, and generally growing our respective businesses.
Be The Quality Jewelry Discounter.
Las Vegas Shows
The Las Vegas Jewelry and gem shows will begin at the end of
May and extend into early June. This year's JCK
Las Vegas Show promises to be huge. Now at the Mandalay Bay, this premier
jewelry industry show has been re-organized.