The Rise of Brazilian Emeralds: A Jewel of 2024

Luxembourg – 24. June 2024 – Emeralds, with their lush green colours, have been cherished throughout the ages. These precious gemstones, a variety of the mineral beryl, owe their vibrant hue to traces of chromium and sometimes vanadium. Their colour, ranging from light to deep green, has made it a coveted treasure across civilisations, from the ancient Egyptians and Romans to the Incas and Aztecs, who revered it for its beauty and supposed mystical powers.

The value of an emerald is primarily determined by its colour, with the most desirable stones showcasing a vibrant, saturated green that balances brightness and depth. Clarity, cut, and carat weight also play crucial roles in determining its worth, with larger and well-cut stones being particularly rare and valuable.

The most prized emeralds have been hailing from Colombia, known for producing stones with a rich, vivid green. Over the years, however, Brazilian emeralds have also become known for their vibrant green colour and good clarity. They come from various mines, including the famous Santa Terezinha de Goiás Mine and Nova Era Mine. These emeralds are often less treated than their Colombian counterparts, making them highly valued among collectors.

Maximilian Hemmerle, expert in fine jewellery and gemstones and creative force behind MXHM, highlights especially three market developments supporting the continuing rise of the Brazilian emerald, one of the exquisite stone types in Rough Gemstone I’s portfolio.

Current Market Developments

Increasing Demand: The demand for Brazilian emeralds is rising as they often present a cost-effective alternative to Colombian emeralds without compromising on quality.

Ethics and Sustainability: The importance of ethical mining practices is growing. Brazil is investing in more sustainable mining methods and transparency to meet international market demands.

Pricing: Prices for Brazilian emeralds have been stable and shown a positive trend due to their quality and rarity. Untreated specimens are particularly valuable and can fetch high prices at auctions.

Brazilian emeralds are gaining popularity in 2024, offering high quality and sometimes more affordable options compared to Colombian emeralds. The focus on sustainability and ethical practices in Brazil further boosts consumer confidence, potentially leading to increased demand in the long term.

About quantumrock

quantumrock is a pioneering financial company dedicated to unearthing new asset classes for professional and institutional investors. With a focus on gemstones as a viable asset class, quantumrock offers unique, asset-backed investment products. The company’s innovative approach and robust, scalable Luxembourg-law compliant investment platform aim to securitize assets and launch compelling exchange-listed investment products. Learn more at www.quantumrock.lu.

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