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  • Writer's pictureJosept Burman

Five Million Dollar Treasure Found In Four Hundred-Year-Old Shipwreck

Treasures are often found in the most unlikely of places, and although there have been plenty of tales of treasures lost at sea, most have either never existed or were never found. That’s part of what makes the 887 carat uncut raw Muzo emerald so special.

Not only is it one of the world’s most expensive and valuable emeralds but it was also rescued from a phenomenal four-hundred-year-old shipwreck. The emerald known as La Gloria, may fetch up to $5 million at auction! It is one of several exquisite emeralds that will be offered to the public in April.

Goldmark Oakham Green Diamond

La Gloria

It is impossible to ignore the main attraction of this sale, the La Gloria emerald. At 887 carats, it is the largest Muzo emerald in the United States and is of museum-quality. Guernnsey’s, who will be hosting the auction, says that this collection, which is called the Marcial de Gomar Emerald Collection, will include 20 exceptional emeralds in total. Some stones are rough, like the La Gloria, which will most likely be turned into a 400-carat gem, while others are cut. In addition, thirteen pieces of emerald jewelry will be sold.

The Shipwreck

The shipwreck in which these emeralds as well as many other valuable items such as silver, gold, and copper ingots were found, is believed to be the most valuable shipwreck of all times. Part of a Spanish fleet that sank during a hurricane near Key West in 1622, the Atocha held treasures that we can only dream of today. Though many attempts were made by Spain to recover the wreckage, they proved to be fruitless. It was only when treasure hunter Mel Fisher succeeded in locating the shipwreck after seventeen years of searching that these long-lost treasures finally resurfaced.

The Muzo Area

This legendary mine, hidden deep in the Colombian jungle, has given birth to some of the most beautiful emeralds in the world. The land in that area is known to have produced some of the finest and most chemically pure stones. It’s believed that it is the type of rock formation that allows for the remarkable green colors.


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