
Description
This monumental 76.97 carat emerald originates from the legendary Panjshir Valley in northeastern Afghanistan, a region renowned for producing emeralds of extraordinary color, clarity, and crystalline structure, often rivaling the finest Colombian examples. Expertly faceted into a modified cushion cut, the gem exhibits a deeply saturated yet luminous green hue, complemented by bluish undertones typical of Panjshir material. Its vibrant body color is evenly distributed and especially prized among collectors and connoisseurs for its depth and vitality.The emerald is notable for its transparency relative to size, revealing a fine natural “jardin” — the internal inclusions that both testify to the gem’s authenticity and add character to its visual narrative. Crucially, this specimen is untreated and shows only minimal oiling, a common and widely accepted practice used solely to enhance surface luster. The absence of heat treatment or artificial enhancement significantly increases both the rarity and investment appeal of the stone, placing it in a select category of gem-quality emeralds.Unmounted and weighing 76.97 carats, the stone is of a size and purity that places it among museum-worthy examples. Large-scale Panjshir emeralds of this transparency and untreated status are extraordinarily rare and increasingly sought after at international auction houses. Comparable untreated Afghan emeralds exceeding 50 carats with minimal oil have reached $100,000 to $200,000 at auction, particularly as interest in ethical and origin-specific gemstones grows within the global collector market.
Condition
Excellent condition. Faceted, unmounted gem; natural inclusions typical of origin. Untreated with only minimal traditional oiling observed under magnification.
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Exceptional 76.97 ct Untreated Emerald from Panjshir, Afghanistan
Estimate $90,000-$120,000
Starting Price
$10,000
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Colonial & Occupation Era Collectibles
Apr 26, 2026 12:00 PM EDTLinkoping, Ostergotland, Sweden
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