57,000 Carat Emerald Being Auctioned on Jan. 28th - Article

  -  by Edessa  |   25 Jan 2012   |   Culture & News, Jewelry Guide

Recently, an Emerald colored gemstone considered to be the world's largest emerald cut is set to be auctioned in Canada by Kelowna-based Western Star. Reagan Reaney is the owner of the stone. He showed the stone to a gemologist and they stated that it truely is a genuine emerald.

The emerald was found in Brazil and cut in India. It is an oval shape emerald estimated at 57,000 carats, weighing 25 pounds, and the size of a watermelon. By far one of the largest cut emerald. It's quite amazing to read about in the news. The gems name is called "Teodora" which means "God's Gift". The emerald was appraised at $1.15 million. The auction house states they already have bids coming in for the gemstone.