Based on the mineral beryl, the emerald gemstone is pound for pound the most valuable gem stone in the world. The characteristic green color of this precious gemstone is caused by traces of chromium and iron.Unlike diamond, where the loupe standard, i.e. 10X magnification, is used to grade clarity, emerald is graded by eye. Thus, if an emerald has no visible inclusions to the eye (assuming normal visual acuity) it is considered flawless. Stones that lack surface breaking fissures are extremely rare and therefore almost all emeralds are treated, "oiled", to enhance the apparent clarity. Eye-clean stones of a vivid primary green hue (as described above) with no more than 15% of any secondary hue or combination (either blue or yellow) of a medium-dark tone command the highest prices.
