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Fine Colour Gems’ Rajesh Daga Wins JEA Award for No-Oil Emerald 16.39 Carat

Updated: 6 hours ago

Fine Colour Gems, a renowned name in the world of natural gemstones, has once again proven its mastery in Zambian Emeralds. Its owner, Mr. Rajesh Daga, wins Emerald Gemstone of the Year Award at the Jewellery Eminence Awards 2025. The award celebrates the brilliance of a 16.39-carat No-Oil Zambian Emerald, graded “Excellent” by the internationally acclaimed Gübelin Gem Lab.


Rajesh Daga of Fine Colour Gems with Rohan Daga and Pooja Daga receiving award for his 16.39 Carat No Oil Zambian Emerald of Fine Colour Gems Front

An No-Oil Emerald from Zambia Beyond Compare


The Story Behind the Award-Winning Emerald


“This recognition is a true honour,” says Mr. Rajesh Daga, owner of Fine Colour Gems. “Our 16.39-carat No-Oil Zambian Emerald represents the pinnacle of what we strive for—purity, perfection, and passion.”


Graded “Excellent” by Gübelin Gem Lab, one of the world’s most trusted authorities in gemstone certification, the emerald is notable for its vivid green hue, eye-clean clarity, and precise octagon cut. “It’s more than just a gemstone—it has depth, character, and a soul,” Mr. Daga adds.


Ethical Sourcing from the Heart of Zambia


Responsibly Mined and Carefully Selected


Sourced ethically from Gemfields, Zambia, in 2020, this rare emerald was hand-selected after months of careful evaluation. “We focused not only on beauty but also on the stone’s natural strength and purity,” explains Mr. Daga.


From mine to masterpiece, every stage of its journey was handled with meticulous care. 

Fine Colour Gems upholds transparency, sustainability, and fair trade practices, ensuring that every gemstone reflects both natural beauty and ethical integrity.


Distinctive Qualities of our No-Oil Emerald




Colour, Clarity, Cut, and Rarity in Perfect Harmony


This 16.39-carat Zambian emerald is a true collector’s piece, combining qualities rarely found together in one stone:

  • Vivid, evenly saturated green colour that glows with life

  • Eye-clean clarity, unusual for natural emeralds

  • No-Oil, confirming absolute natural purity

  • Expertly executed octagon step cut, maximizing brilliance and symmetry


“Each of these traits would make an emerald special on its own,” says Daga. “But when all come together in one gem, the result is nothing short of extraordinary.”


Rising Demand for High Quality Zambian Emeralds


Emerald Gemstones as Investment-Grade Treasures


The global market for high quality Zambian emeralds is witnessing remarkable growth. According to Rajesh Daga, limited supply from emerald mines and increasing appreciation for quality emerald rough are the main factors driving up demand and value.


“With mining companies like Gemfields and Grizzly exploring deeper deposits, fine quality emeralds are becoming harder to source,” he notes. “Buyers today seek not just beauty, but authenticity and investment potential. No-Oil emeralds like this are seen as heirlooms—symbols of legacy and lasting value.”


Fine Colour Gems: A Legacy of Excellence


Commitment to Authenticity and Craftsmanship


For Mr. Rajesh Daga and his team, this award is more than recognition—it’s a reflection of their philosophy. “This emerald showcases everything Fine Colour Gems stands for—purity, craftsmanship, and respect for nature,” he shares proudly.


With every creation, the brand continues to strengthen its position as a global leader in ethically sourced, high-value Zambian Emeralds & top quality Tanzanites, trusted by collectors, investors, and jewellery designers worldwide.


About Fine Colour Gems


Founded in 1960, Fine Colour Gems is a premier name in the international gemstone trade, specializing in best quality Zambian Emeralds, best quality Tanzanites, and Luxury Jewellery.


Jewelspire by Fine Colour Gems is the online shopping portal for Luxury Jewellery, providing Rings, Earrings, Necklaces, Pendants and Bracelets in Gold, Natural Gemstones and Original Diamonds. 


Known for ethical sourcing, precise cutting and uncompromising quality, the company serves clients across India and abroad, redefining excellence in Emeralds, Tanzanites and Jewellery.




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