MHHC Enterprises Inc (MHHC)

[waiting2]

Some script from the 60 minutes episode is all I can place on here to answer your questions. Where the emeralds are I have no more idea than you do...I do know that the Fischers were given a chance to inspect them and did not inspect all of them. THere were many bags the Fischers expert stated that he did not inspect...perhaps he missed something? I don't know about the glue or oily substance either. THis thing is still in litigation and that is something for us to ponder and if nessacary, for the courts to find out and relay in time...


Ed Peterson: Holy cow.

Armen Keteyian: Any question on the authenticity of these stones, at all?

Ed Peterson: No. No this is the real McCoy.

Gemologist Ed Peterson and owner Greg Kwiat could hardly believe their eyes.

Greg Kwiat: I think this piece could go to the Oscars.

Armen Keteyian: Is it possible to put a price on something like that?

Greg Kwiat: We're only halfway through the first case. The question will be what the provenance is. If it is something exciting or sexy, it could add a lot of value to the stone. It could double or triple the value of the emeralds themselves.

The provenance -- the origin -- that Miscovich had hoped for was emeralds from an ancient shipwreck, adding potentially tens of millions of dollars to the value. But he had no proof so gem specialists couldn't put an age or price on the gems.

Jay Miscovich: You know, I don't claim to be a gemologist. I mean, I knew what I knew about emeralds is they were green and they-- the good ones came from Colombia. That's about all I knew.

To help, we enlisted Tom Moses here at the Gemological Institute of America.

Tom Moses: What this tells us it's another piece of the puzzle that indicates that the emeralds originate from Colombia.