The 3 Most Expensive Pieces of Jewelry Ever Sold

Fine jewelry is among the most luxurious items that money can buy. From magnificent diamonds to priceless gemstones, and even gold, according to our friends at these sparkling trinkets are not only works of art but also objects of extreme value. Here are three of the most expensive pieces of jewelry ever sold.

The Heart of the Ocean Diamond Necklace – $20 million

This piece is famous for its connection to the Titanic movie. The Heart of the Ocean is a fictional blue diamond featured in the 1997 film. The piece is a stunning 20-carat white diamond necklace created by Harry Winston. It was purchased by an anonymous buyer for $20 million at an auction in London in 2011.

The Heart of the Ocean diamond necklace is one of cinematic history’s most iconic pieces of jewelry. The breathtaking blue sapphire gemstone was presented to Rose DeWitt Bukater by Cal Hockley on behalf of the White Star Line aboard the Titanic. It quickly became a symbol of wealth and desire; at auction, its estimated value was nearly $1 billion. So what makes this necklace so expensive? The answer lies in its composition. Although the stone is not real, it is believed to be 25–45 carats and made from an extremely rare deep-blue sapphire called Lapis Carinai (Latin for “The Blue Star”).

Additionally, it features 212 diamonds in a white gold setting with intricate engravings around the center stone and four cascades running down both sides. Combined with its cultural significance – as immortalized in James Cameron’s Academy Award-winning film – the Heart of the Ocean can be considered an extraordinary piece worthy of its stratospheric price tag. Though we may never own such a luxurious item ourselves, it’s fascinating to marvel at its beauty and appreciate why it truly shines above all else.

The Graff Pink Diamond – $46 million

The Graff Pink is a 24.78-carat fancy light pink diamond with VS1 clarity. It was cut and polished from a 507-carat stone sourced from South Africa’s Cullinan mine. The diamond was purchased by Laurence Graff, founder of Graff Diamonds, for a record-breaking $46 million at Sotheby’s Magnificent Jewels sale in Geneva in 2010.

The Graff Pink Diamond necklace is a stunning example of fine jewelry. This unique design has become an international symbol of luxury and status, and many have wondered what made it so expensive. The answer lies in the sheer rarity of the stones featured in the necklace. The centerpiece is a rare Fancy Intense Pink diamond weighing 24.78 carats, one of the largest examples ever found. It is accompanied by 90 other pink and white diamonds set in white gold and platinum, totaling 9 carats and bringing some texture to the piece. Each stone has undergone rigorous evaluation to ensure its quality, making them among the finest pink diamonds available today.

Furthermore, after being crafted into a necklace by jeweler Laurence Graff’s expert craftsmen, it received certification from both GIA and HRD Antwerp as part of its authentication process. All these factors combined have propelled this magnificent piece to become an icon of luxury among collectors and connoisseurs worldwide. It is ranked as one of the most expensive pieces ever sold and reflects just that – simply put, there is no other necklace quite like The Graff Pink Diamond necklace.

The Blue Moon of Josephine Diamond – $48.4 million

The Blue Moon of Josephine is a 12-carat fancy vivid blue diamond with Internally Flawless clarity. It was cut from a 29.6-carat stone found in South Africa’s Cullinan mine in 2014. The diamond was sold by Sotheby’s to Hong Kong billionaire Joseph Lau for $48.4 million in 2015, setting a new world record price per carat for any gemstone at $3.86 million per carat.

Anonymity vs. Fame

The Blue Moon of Josephine diamond is one of the rarest and most expensive diamonds in the world. The gem was discovered by a farmer in South Africa in 2014 and weighed 12.03 carats. Its natural color and clarity make it exceptionally rare, as many diamonds found in nature contain impurities or other imperfections that detract from their value. In addition to its natural qualities, the Blue Moon of Josephine has been cut to a perfect hearts-and-arrows pattern that adds beauty and rarity. It recently sold for over $48 million at auction, making it one of the most valuable stones ever discovered. Its rarity, perfection, and prestige make this diamond an extremely coveted gem and an exceedingly wise investment choice. The Blue Moon of Josephine is truly a special stone worthy of its steep price tag!

While all three of these pieces are incredibly valuable, they each have different stories attached to them, which contributes to their overall worth. The Heart of the Ocean necklace became famous thanks to its connection to the blockbuster film Titanic, while the Graff Pink and Blue Moon diamonds achieved notoriety due to their size and color rarity. So, what do you think is more important when it comes to driver value—the story behind the piece or its physical attributes?

One of the most intriguing parts of the diamond industry is how diamonds are priced. While it’s true that customers usually receive a retail price based on the size and quality of the stone, multiple factors actually go into determining an exact price. To begin with, diamonds must be assessed in terms of their ‘4Cs’. These criteria measure the diamond’s cut, color, carat weight, and clarity. Each stone must be judged against a strict set of standards to ensure they adhere to an identifiable grade. In addition to their 4Cs rating, the shape and size of the diamond also factor into its value. Finally, professional evaluators may assign an individualistic “value-in-use” rating to each particular diamond depending on its unique features or any gems set along with it. All these aspects play a role in constructing a solid valuation for each diamond so customers can be sure they are getting what they pay for. Ultimately, pricing a diamond properly helps protect consumers from being overcharged and reduces the risk of making an uninformed purchase. Through this meticulous process, buyers can feel assured that they are investing in quality products at accurate prices.

As you can see, many different factors contribute to a piece of jewelry’s value and worth. From their connection to pop culture to their physical rarity, these extravagant trinkets are not only dazzling works of art but also some of the most expensive objects in the world.