Forbes Lifestyle Online 4/26/2013
BAYCO UNVEILS 206-CARAT EMERALD AT BASELWORLD
Bayco Jewels unveiled what it calls “one of the most precious gemstones to ever exist” in its showroom Thursday during the opening day of Baselworld 2013.
The gem is a 206-carat, natural Colombian emerald that the owners of the company, Moris and Giacomo Hadjibay, named the “Imperial Emerald.” The brothers say that it was purchased from a private collector who owned it for 40 years. They refuse to reveal the price of the gem.
“We paid with our hearts,” Moris said. In addition, the gem’s provenance is unknown.
The brothers say the purchase is tribute to their father, Amir, an Iranian native who moved to Italy in 1957 and founded Bayco not long afterward. The company specializes in one-of-a-kind jewelry pieces made with exceptional gemstones. Amir, knew the previous owner of the gem and told the owner long ago that he would buy it whenever he was ready to sell.
Article by: Anthony DeMarco