5 Stories

'Cursed' Gem Could Be Worth $925M—or $100

Bahia Emerald has caused folks more trouble than it may be worth: 'Wired'

(Newser) - A 752-pound gemstone that's sat for years in a Los Angeles County Sheriff's Office vault has been called "a puzzle from hell" by one of the detectives who brought it in as evidence in a 2008 case. Now Elizabeth Weil takes a crack at the head-scratcher for... More »

Owner of 840-Pound Emerald May Finally Be Decided

LA court case of Bahia gem continues, despite claim from Brazil

(Newser) - An 840-pound emerald is still without a clear owner after six years in police custody, but that could be settled soon in Los Angeles Superior Court. Judge Michael Johnson says a case to determine the rightful owner of the 180,000-carat Bahia Emerald, found in Brazil in 2001, will move... More »

Emerald Hunters Strike It Rich

$50K worth of gems found in old North Carolina mine

(Newser) - A North Carolina entrepreneur thought he was smart to charge customers $25 to hunt gems in his old emerald mine. But he should have looked a bit more carefully first. The first amateur treasure hunters uncovered a giant 50.2-carat emerald worth thousands of dollars. Another couple emerged with a... More »

Got $2.5M? This Emerald Is for You

25-pound record-breaker goes up for auction

(Newser) - The biggest cut emerald in the world will be auctioned Saturday and is expected to go for up to $2.5 million. The gigantic green stone weighs 57,500 carats—or 25 pounds—and was discovered at an undisclosed location in Brazil, reports Pravda . The emerald, dubbed Teodora, meaning God'... More »

840-Pound Brazilian Emerald Lands in Court

Detectives puzzle over ownership of 840-pound Brazilian gem

(Newser) - A colossal emerald valued at almost $400 million is under lock and key in Los Angeles County while detectives try to figure out who owns it, the Wall Street Journal reports. Police managed to track down the 840-pound Bahia emerald after it was reported stolen last fall, but they also... More »

5 Stories