I think it was referring to the emerald mentioned in the poem, not the Silmaril. And yes, I think we're supposed to guess that it's the same emerald.
The silmaril would have been either silvery-white or golden, because the two trees gave off silver and gold light. And since Venus looks white, I think Earendil's silmaril was silvery-white.
[ November 06, 2002: Message edited by: mark12_30 ]
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...down to the water to see the elves dance and sing upon the midsummer's eve.
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