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Characteristics of investment-grade polished diamonds are highest color (D, E, F) and clarity (IF, VVS1, VVS2), weights ranging from 1 to 10 carats, triple-EX grading (Excellent Cut, Excellent Polish, Excellent Symmetry), and no fluorescence.
It is estimated that Colombia accounts for 70–90% of the world's emerald market. [1] While commercial grade emeralds are quite plentiful, fine and extra fine quality emeralds are extremely rare. Colombian emeralds over 50 carat can cost much more than diamonds of the same size. [citation needed]
Some gemstones that are popularly or historically called rubies, such as the Black Prince's Ruby in the British Imperial State Crown, are actually spinels. These were once known as "Balas rubies". The quality of a ruby is determined by its color, cut, and clarity, which, along with carat weight, affect its value. The brightest and most valuable ...
Ruby is a pinkish-red-to-blood-red-colored gemstone, a variety of the mineral corundum (aluminium oxide). Ruby is one of the most popular traditional jewelry gems and is very durable. Other varieties of gem-quality corundum are called sapphires. Ruby is one of the traditional cardinal gems, alongside amethyst, sapphire, emerald, and diamond. [3]
Emerald is a gemstone and a variety of the mineral beryl (Be 3 Al 2 (SiO 3) 6) colored green by trace amounts of chromium or sometimes vanadium. [2] Beryl has a hardness of 7.5–8 on the Mohs scale. [2] Most emeralds have many inclusions, [3] so their toughness (resistance to breakage) is
The GIA system included a major innovation: the introduction of 10x magnification as the standard for grading clarity. Other gemstones are still graded using the naked eye (assuming 20/20 vision). [21] A mnemonic device, the "four Cs" (color, cut, clarity, and carats), has been introduced to help describe the factors used to grade a diamond ...
Colombia is the main producer of finer quality emeralds worldwide. Colombia produced 2.7 Mcarats (540 kg) of emeralds during 2008. [15] Emerald mines are located both in the Boyacá and Cundinamarca Departments. Colombian emeralds constitute 50-95% of the world production, the numbers depending on the year, source and emeralds grade. [25] [26] [27]
Zambia is the world's second biggest producer, with Kagem mine being the world's largest emerald mine [11] responsible for 25–30% of the world's production of gem-quality stones. [12] In 2019 Kagem emerald mine produced 42.4 million carats of emeralds. [13] The Zambian emerald sector is an important contributor of tax revenue to the Government.
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