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Reader Comments (Page 1 of 1)
1-12-2007 @ 11:28PM
Dr. Christopher W. Hartnett said...
The Pink Emerald Company has been actively selling "Morganite" as Pink Emerald for over 14 years now. Prices range between $150 and $25,000 per carat depending on the color intensity, size and the quality. Fine, top gem quality Pink Emeralds are extreamly rare and command top dollar both in the gem trade and in very fine retail stores.
Emerald, whether Green or Pink, is Be3 Al2 Si6 O18 Beryllium-Aluminum Silicate. The press release you refer to also clearly mentions that the gem and jewelry trade sometimes refer to Pink Emerald by its mineral name, Morganite. For the record, the mineral name for Diamond is Carbon. The mineral name for Ruby and Sapphire is Corundum. 10 out of 10 customers asked, prefer the name Pink Emerald to Morganite. Very fine, large Pink Emeralds(Morganite), are hardly ever found outside of museums, private collections and very top jewelry store.
The picture of the Morganite necklace posted in Deidre Woollard's previous post is a very top world class Morganite that is worth well over $5,000 carat yet it is not for sale because it has been donated to the Houston museum because it is do rare. This gemstone is under 50 carats. If it was for sale, it would sell instanly at that price but unfortunately, it is not for sale.
Fine Pink Diamonds can cost as much as $250,000 per carat and sometimes even more. Kobe Bryant bought his wife an 8 carat Pink Diamond for over $3 million dollars. Pink Emeralds are 125,000 times rarer than Diamonds. The 169 carat heart shaped Pink Emerald in the press release is for sale for $2.5 million. Actually it is a steal for only $14,500 per carat relatively speaking. Call it Pink Emerald or call it by its old mineral name, "Morganite", either way, if you have one that is over 100 carats and it is a top pink color and it is very clean, it will be priced at over one million dollars. If it was 169 carats and was the more common Pink Diamond, the price would be over $100 million. So in reality and using common sense, the Pink Emerald at $2.5 million and being 169 carats in size, relatively speaking, is a bargin. Happy Valentine's Day and Think Pink.
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