Official appraisal reports or announcements from Brazilian authorities

U.S. Court Orders Return of 380-Kilogram Esmeralda Bahia, Valued at $1 Billion, to Brazil, Following Judge Reggie Walton's Ruling

Nov 22, 2024, 07:17 PM

The U.S. District Court has approved the repatriation of the Esmeralda Bahia, a 380-kilogram emerald valued at up to $1 billion, to Brazil. The decision, made by Judge Reggie Walton, supports Brazilian authorities' claims that the emerald was illegally extracted from the country in 2005. This ruling is significant as the Esmeralda Bahia is considered the largest emerald in the world, and its return marks a notable victory for Brazil in recovering stolen cultural treasures.