The Most Expensive Jewels In The World

Pink Star Diamond Ring

Value: $72 Million

And the Silver medal position goes to the Pink Star Diamond Ring. The massive oval shaped diamond weighs in at 59.6 carats and was put up for auction at Sotheby’s. Would you believe the original form of this diamond was about three-times larger than this? The diamond was cut from a 132.5 carat rough diamond. It was mined by DeBeers in Africa.

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Experts said its size and quality surpasses anything known to exist in private and royal collections around the world. While the value was estimated at $72 million, some people may list this piece at $83 million, which is the actual price it sold for at auction. After the auction, the new owner defaulted and the ring returned to Sotheby’s where it was revalued at $72 million.

Wittelsbach-Graff Diamond

Value: $80 Million

Coming in at #1 in price and is the Gold-medal position on this list, is the Wittelsbach-Graff diamond. Yep—Graff is on this list, yet again—and it is a final blue diamond! This piece started out as a 35.56-carat deep blue diamond. It found its way into both the Austrian and Bavarian Crown Jewels.

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In 2008, Laurence Graff bought the stone for $23.4 million. He immediately started altering it and infuriated other jewelers. Graff actually ended up removing nearly 4.5 carats from the blue diamond but this enhanced its clarity and value. In 2011, it was reported that Graff has sold the Wittelsbach-Graff diamond. Someone in the Qatari royal family paid $80 million to be its new proud owner.