11/05/2026

Emeralds are the official birthstone for May and are among the most admired coloured gemstones in the world. Known for their rich green colour and timeless elegance, emeralds have been prized for thousands of years by royalty, collectors, and jewellery enthusiasts. At Goodwin Auctions, emerald jewellery continues to be one of the most sought-after categories in our fine jewellery auctions due to its rarity, beauty, and strong resale value.
Emeralds are a variety of the mineral beryl, coloured by trace elements such as chromium and vanadium. Their distinctive green colour is what sets them apart from other gemstones, symbolising renewal, prosperity, and growth.
Unlike diamonds, emeralds almost always contain natural inclusions. These are known as the gem’s “jardin” (French for garden) and are accepted as part of the stone’s natural character. In fact, they often help confirm authenticity, as completely flawless emeralds are extremely rare.
Because of their natural formation and limited supply, high-quality emeralds are considered one of the most valuable coloured gemstones in the world.
The value of emeralds is influenced by four main factors:
Colour – The most important factor. The finest emeralds display vivid, intense green with strong saturation and a slightly bluish tone.
Clarity – Some inclusions are expected, but stones with better transparency and fewer visible inclusions command higher prices.
Cut – Emerald cuts are most common, designed to protect the stone while enhancing its colour.
Carat Weight – Large, high-quality emeralds are extremely rare, and value increases significantly with size.
At auction, premium emerald jewellery can achieve strong results, particularly when paired with diamonds or set in fine gold or platinum.
Emeralds are found in several regions worldwide, but only a few sources are considered top-tier for fine jewellery and investment-grade stones.
Colombian emeralds are widely regarded as the finest in the world due to their exceptional colour and clarity. Key mining regions include Muzo Mine and Chivor Mine. These historic mines have produced some of the most valuable emeralds ever discovered and remain the benchmark for quality.
Zambian emeralds are known for their rich, darker green tones and strong structure. They often offer excellent value and are increasingly popular in modern jewellery.
Brazil produces a large volume of emeralds, typically lighter in tone. These stones are commonly used in commercial jewellery and offer accessible entry points for buyers.
Emeralds are also found in countries such as Ethiopia, Afghanistan, and Pakistan, though these are less common in high-end auction pieces.
Emeralds have long been associated with luxury, power, and glamour.
One of the most iconic emerald collectors was actress Elizabeth Taylor, whose legendary jewellery collection included some of the most famous emerald pieces ever sold at auction. Her Bulgari emerald necklace remains one of the most recognised coloured gemstone jewels in history.
Emeralds have also been worn by royalty for centuries, including Queen Cleopatra, who was famously associated with emeralds mined in ancient Egypt.
Today, emerald jewellery continues to appear on red carpets and in high jewellery collections from leading houses such as Cartier, Bulgari, and Van Cleef & Arpels.

At Goodwin Auctions, emerald jewellery consistently attracts strong interest from both collectors and first-time buyers. There are several reasons for this: strong visual appeal and unique colour, rarity of high-quality stones, investment potential for fine Colombian emeralds, and timeless design versatility in rings, earrings, and pendants.
Emerald rings, in particular, perform well in auctions when set with diamonds in gold or platinum, offering both elegance and value.
As the birthstone for May, emeralds are a meaningful gift symbolising love, renewal, and success. They are often chosen for birthdays, anniversaries, and special milestones, making them one of the most emotionally significant gemstones in fine jewellery.
Whether worn as a statement ring or passed down as an heirloom, emeralds remain one of the most enduring gemstones in both style and sentiment.
Goodwin Auctions regularly features fine emerald rings, earrings, and necklaces in our online jewellery auctions. Each piece is carefully presented with detailed descriptions and valuation support, giving buyers confidence when bidding on high-value gemstones.
If you are looking to buy or sell emerald jewellery in Australia, our auctions provide a trusted platform to access exceptional pieces with transparent bidding and strong market demand. Discover upcoming emerald jewellery lots and experience the excitement of online bidding with Goodwin Auctions.