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Huge Emerald Found in Russia

A huge emerald stone having in excess of 57,500 carats was found in Russia - according to this Daily Mail article

The immense precious stone has an estimated worth between 1 and 2 million US dollars.

The stone has the size of a watermelon and weighs 11.5 kg.

Although, this emerald is not gem quality, it is worth in excess of 1 million dollars.

Besides green emerald, it also contains white beryl in small quantities (both stones belonging to the same group - beryl is the material of emeralds).

The emerald was set for an auction sale.

Hard asset investments also refer to gemstone investments. Indeed, not only gold, silver and precious metals in general are sound assets with intrinsic value, but also gemstones. Emeralds are among the most expensive gemstones and can store immense wealth in a very small place (ideal for those who have enough to invest in them).

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