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Sep 24, 2010 3:58 PM

Judge to Weigh Ownership of 840 Pound Emerald

LOS ANGELES (AP) - A small army of lawyers has converged in a
Los Angeles courtroom to argue ownership of the world's second
largest emerald.
The Superior Court judge is reviewing attorney documents on
Friday before hearing testimony from the first of several people
who claim to own the 840-pound Bahia Emerald.
Dug up in Brazil in 2001, the boulder-sized emerald is one of
the largest gems ever discovered. Over the years it has been held
in Los Angeles, Las Vegas and at one point wound up in a warehouse
in New Orleans that was flooded during Hurricane Katrina.
Tony Thomas, who is set to testify Monday, has said he purchased
the emerald for $60,000 shortly after it was excavated. Its worth
has since been appraised at almost $400 million.
A judge will determine who owns the emerald.

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