Was a $280 million emerald destroyed in California wildfire? PG&E is dubious

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Was a $280 million emerald destroyed in California wildfire? PG&E is dubious
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A couple claims a 500-pound, $280-million emerald was destroyed when their house burned down in California's worst-ever wildfire. PG&E is saying: Prove it.

A Northern California couple has claimed the “Beleza Emerald” — a 500-pound “solid block of black schist and quartz with green crystals,” according to court documents, worth $280 million — was destroyed in 2018’s deadly Camp fire, and wants PG&E Corp. to fully reimburse them.

The $280 million emerald would be remarkable, if it in fact existed. A list of top emeralds sold by Christie’s auction house maxes out at around $6 million. A nearly 800-pound emerald found in Brazil in 2017 was valued at about $309 million, according to a Forbes report. As comparison, the famed Hope diamond is valued between $250 million and $350 million.

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