A Muzo emerald has reached world auction record price

December 2011


A superb 12.01 carat emerald, from the legendary mine of Muzo in Colombia, has reached at Sotheby’s sale $ 1’440’219 (Chf 1’314’500), or $ 119’000 (Chf 109’000) per carat, a world auction record price per carat for an emerald.

“Muzo mines produce the most desirable emeralds in the world and Sotheby’s is thrilled to have the opportunity to offer at auction one of the finest and rarest gem originating from the legendary Muzo mines. This superb emerald, weighing 12.01 carats, displays an evenly saturated, deep bluish-green colour combined with a high transparency. An emerald of such size and quality which has been spared of any enhancement is very rare and will surely appeal to international gem connoisseurs.” (Sotheby’s)

A Muzo emerald has reached world auction record price

Very fine emerald, Spessartite garnet and diamond ring

Centering on a hexagonal emerald weighing 12.01 carats between shoulders set with kiteshaped diamonds and calibré-cut cabochon spessartite garnets, mounted in yellow gold and platinum, size 51.

Accompanied by SSEF report no. 59427 stating the 12.01 carat emerald is of Colombian origin, with no indications of clarity modification. Further accompanied by a certificate of authenticity from Muzo Emeralds stating that the 12.01 carat emerald was cut from a rough emerald crystal extracted from the Tequendama shaft in Muzo, Colombia.

Estimate: Chf 365’000 – Chf 550’000

Sold: Chf 1’314’500

www.muzoemerald.com