Florida emeralds sunken treasure

Hi I still think the emeralds is a scam as do most people in the
trade. do you folks know the gem that was far and away the most
desired stone before the diamond took over and do you know why the
diamond is the big stone now and not the other one? gregg

Gregg Lyell
Gregg’s Gems and Mining LLC

No the Court hold is to determine ownership. not authenticity.
Treasure trove Law is a very nebulas thing. Suffice it to say
Finders are not= always keepers. If they are lucky they get to keep a
portion of the find. In some cases they get it all. In most cases
however it is split between some government entity and the Salvor.

If there is Historic value and a Government, say Spain, files a
claim against the site then the courts have to settle the issue of
ownership and percentages etc. Until those determinations are made
nothing can be sold and usually no more work on the site is allowed
until this ownership is determined.

It is really quite a process. Now if you are walking down the beach
after a storm and you find a few coins nobody really cares but if
you find a wreck and a /or a treasure trove all bets are off.

John (Jack) Sexton

No the Court hold is to determine ownership. not authenticity.
Treasure trove Law is a very nebulas thing. Suffice it to say
Finders are not always keepers. (John Sexton) 

There is indeed justice in this world if this is a fraud and the
fraudsters end up having their fake emerald given to another
claimant.

I still think the emeralds is a scam as do most people in the
trade. do you folks know the gem that was far and away the most
desired stone before the diamond took over and do you know why the
diamond is the big stone now and not the other one?

Historical changes and trends in the value of wearable wealth
interest me a great deal so please tell us more about diamonds v
emeralds. I would attach two marketing slogans to answering your
question about why diamonds beat out emeralds. “Diamonds are forever”
and “Diamonds are a girl’s best friend”.

We don’t sell jewelry - we sell ideas. (Isn’t that the consensus
here about the 65,000 Florida “emeralds” - that it is likely a scam
trying to build a high valued history of ideas around a low-value
stash of emerald host rock). But the diamond market in Japan only
lasted a few decades according to Zoellner in “The Heartless Stone”.
Why did it crash? Why did the ideas fail? He doesn’t say. Does
anybody else know? My guess too is that it is not going to make a
comeback but more traditional stone like jade will go on and on and
on. De Beers must have nightmares about the rest of the world
following suit with Japan. Any market can crash.

We have made some inroads into understanding First Nation stone work
here and its connection to stone work in Mexico and South America.
The real history of stone does not change. In both China and Western
Hemisphere Indian culture, it was also the ideas connected to stone
like jade which gave it value. De Beers did not invent the marketing
of stone by using word-associations and verbal conditioning. Some of
the ideas about “the mandate of heaven” and “the stone of heaven”
will expectedly outlast “forever” diamonds, especially in the Orient.
“Xinjiang’s Jades and Gems” says it well.

Wearable Wealth: Past and Future

Various world cultures have used jewelry as both currency and a
fashion statement. Otter pelts were once wearable currency here in BC
and now that the otters have rebounded and in some cases are
overpopulated, the First Nation harvesting of otter pelts is
returning and they become wearable wealth once again. This may apply
as well to shells, beads and discs with holes in them. Sometimes we
call the local currency, “a token economy”. The Canadian Tire retail
chain uses bills up to $2 value as legal tender in its stores. They
could also use beads or coins with holes. If robot-aided glypics is
as advanced as I think it is, the market for wearable future currency
could become very interesting indeed. For example I am holding a 25
cent Canadian coin which is highly aesthetic. The coin is “relief”
work. It has a shiny, silvery surface with a raised abstract eagle in
the centre and a yellow cold-enamel (?) half-Sun above it. It is a
work of art. If the Canadian Mint made it with a tiny hole, it could
be put it on a bracelet or necklace etc as a fashion statement.

No, the court case is to determine ownership 

There was a time when there was a story about somebody finding a bag
full of money in the street, and the question arose - Sure, people
are expected to be honest about such things, but what is the actual
law? You found it, doesn’t that make it yours if you ~want~ to keep
it? So out of curiosity I looked it up - Wikipedia has it but I
forget the exact title. This is in the US.

Simply - If you find something of value - cash, art, gold, whatever,
you retain ownership of it over everyone else in the world ~except
the true owner
~~. If you buy a Renoir at a garage sale and the
real owner turns up and it was stolen 10 years ago, you HAVE to
return it. No, it’s not finder’s keepers…