Battle over ownership of the Ophir Collection

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Guinness Book Of World Records,Ophir Collection,Ownership

A listing in the Guinness Book of World Records was followed by a years-long battle over ownership of the Ophir Collection.

A listing in the Guinness Book of World Records was followed by a years-long battle over ownership of the Ophir Collection . If there’s truly a curse, it wouldn’t be the kind from old-time pirate lore that rains damnation on whoever possesses the gems. More like a spell that causes moral compasses to spin, sparks quarrels over ownership and sows the chaos of contradictory court rulings while offering a peek into the souls of men clawing each other to acquire precious stones.

At the heart of the confusion lies a lingering mystery: how much is the Ophir Collection really worth? Even those who would profit from a high valuation scoff at the $3.2 billion appraisal from May 2019. As in any market, sale price is the true marker. But as Seth Rosen, co-owner of thethat’s tough to come by. “There’s a saying in the gem world,” Rosen said. “‘The gem is rare, but the buyer is even rarer.’” It turns out that an asset that has never been sold and hence can be valued at just about any amount can come in handy when, say, its owner is looking for collateral to post against a loa

Guinness Book Of World Records Ophir Collection Ownership Gems Valuation Market Sale Price Collateral

 

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