Most Valuable Necklace In The World
Necklaces are a popular accessory for both men and women. They come in different designs, materials, and colors to suit various tastes and preferences. Some necklaces, however, are more valuable than others because of their rarity, history, and craftsmanship. In this article, we will look at the most valuable necklace in the world.
The Pink Star Diamond Necklace
The Pink Star Diamond Necklace is the most valuable necklace in the world, with an estimated value of $71.2 million. It features a 59.60-carat pink diamond as the centerpiece, which is the largest internally flawless fancy vivid pink diamond ever graded by the Gemological Institute of America (GIA). The diamond was mined by De Beers in Africa in 1999 and was cut and polished by Steinmetz Diamonds. The necklace was designed by Chow Tai Fook and unveiled in 2017.
The History of the Pink Star Diamond Necklace
The Pink Star Diamond Necklace has an interesting history. The pink diamond was originally a 132.5-carat rough diamond, which was mined in South Africa in 1999. The diamond was sold to Steinmetz Diamonds, who spent two years cutting and polishing it into a 59.60-carat pink diamond. The diamond was then sold to a private collector for an undisclosed amount in 2007.
In 2013, the diamond was put up for auction at Sotheby's in Geneva and was sold for $83 million. However, the buyer, New York diamond cutter Isaac Wolf, defaulted on the payment, and the diamond was returned to its previous owner. The diamond was then renamed the Pink Dream and was again put up for auction in 2017. The Chow Tai Fook jewelry company bought the diamond for $71.2 million and turned it into the Pink Star Diamond Necklace.
The Design of the Pink Star Diamond Necklace
The Pink Star Diamond Necklace features the 59.60-carat pink diamond as the centerpiece, surrounded by pear-shaped and round-shaped white diamonds. The necklace has a total of 880 diamonds and is set in 18-karat rose gold. The design is inspired by the cherry blossom, which is a symbol of love and beauty in Chinese culture.
The Value of the Pink Star Diamond Necklace
The Pink Star Diamond Necklace is valued at $71.2 million, making it the most valuable necklace in the world. The value is based on the rarity and quality of the pink diamond, as well as the craftsmanship and design of the necklace. The necklace is a one-of-a-kind piece that is unlikely to be replicated.
The Rarity of Pink Diamonds
Pink diamonds are one of the rarest and most valuable diamonds in the world. Only a small percentage of diamonds mined are pink, and most of them are less than one carat in size. The larger and more intense the color of a pink diamond, the more valuable it is. The Pink Star Diamond is a fancy vivid pink diamond, which is the highest grade for pink diamonds.
Other Valuable Necklaces
While the Pink Star Diamond Necklace is the most valuable necklace in the world, there are other necklaces that are also worth millions of dollars. These include:
- The Oppenheimer Blue Diamond Necklace, which features a 14.62-carat blue diamond and is valued at $50.6 million.
- The Winston Blue Diamond Necklace, which features a 13.22-carat blue diamond and is valued at $23.8 million.
- The Hutton-Mdivani Jadeite Necklace, which features 27 jadeite beads and is valued at $27.4 million.
Conclusion
The Pink Star Diamond Necklace is the most valuable necklace in the world, with an estimated value of $71.2 million. It features a 59.60-carat pink diamond as the centerpiece and is surrounded by pear-shaped and round-shaped white diamonds. The necklace was designed by Chow Tai Fook and unveiled in 2017. Pink diamonds are one of the rarest and most valuable diamonds in the world, and the Pink Star Diamond is a fancy vivid pink diamond, which is the highest grade for pink diamonds.
