Fate of $400 Million Emerald Goes to Trial
For the sixth time, a court case will attempt to decide once and for all the owner of the world’s largest rough emerald. The 840-pound, 180,000-carat green gemstone has been the source of much trouble for individuals from the U.S. and Brazil, where the emerald was originally discovered. Battling for ownership are Ken Conetto and Anthony Thomas of California, two men whose friendship has been ruined over their fight to claim the stone which is valued at at least $400 million. Over the last nine years the emerald has moved from São Paulo to San Jose to New Orleans to Las Vegas, been stolen at least once and changed hands several times and was once put on eBay for $75 million.
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