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Jade Cove is located in the southern area of Big Sur on the California central coast. [1] It contains the only concentrated underwater deposit of quality nephrite jade in the world. [ 2 ] Individuals are permitted to collect as much jade as they can personally carry using hand tools up to 90 feet (27 m) deep offshore.
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The Ministry of Mines now conducted the extraction and sale of jade exclusively through their auctions (emporiums). From 1964 to 1975, dollar volume of jade sales remained less than $1 million. The first time jade sales reached more than $1 million was in 1976. The amount of jade sold in dollar terms achieved $1 billion in 2010.
The Big Sur Jade Festival is an annual three-day event held in southern Big Sur in Monterey County, California. It is organized by the non-profit South Coast Community Land Trust. The availability of high-quality nephrite jade at Jade Cove spurred the start of the annual festival in 1989. Before regulations limited how much jade could be ...
Jadeite is the principal mineral making up the most valuable form of jade, a precious stone particularly prized in China. Most gem-quality jadeite jade comes from northern Myanmar. Jade tools and implements have been found at Stone Age sites, showing that the mineral has been prized by humans since before the beginning of written history.
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