Green Boom: Why Colombian Emeralds Are 2017’s Hottest Rock

When buyers in the market for one-of-a-kind emerald jewels call Rayaz Takat, CEO of New York City–based Takat, they nearly always ask for stones with a specific provenance. “People have been buying more Colombian stones,” he says. “They want reassurance that the pieces will sell down the road at auction, and Colombian emeralds are more well known than others.” With an illustrious history stemming all the way back to ancient Egypt, Colombian emeralds have been sought after by virtually every powerful empire since, including the Romans, Spanish conquistadors, and India’s Mughals, whose love for the gems knew no limits. There’s a reason the 37.8 ct. Chalk Emerald ring and the 167.97 ct. Mackay Emerald necklace are on permanent display in the Smithsonian. It has to do with their size, beauty, and rarity, but also their Colombian origin, which means the stones have l
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