Diamond necklaces have long been a symbol of opulence, sophistication, and timeless beauty. For centuries, these exquisite pieces of jewelry have adorned the necks of royalty, celebrities, and the elite, showcasing not only wealth but also exceptional craftsmanship. Among the myriad of diamond necklaces available, some stand out for their staggering price tags, rare gemstones, and unparalleled designs. In this article, we explore the world of the most expensive diamond necklaces, delving into their history, unique features, and the reasons behind their astronomical value.
1. The Blue Moon of Josephine – $48.4 Million
Topping the list of the most expensive diamond necklaces is the Blue Moon of Josephine, a masterpiece that sold for a jaw-dropping $48.4 million at a Sotheby’s auction in 2015. This necklace features the Blue Moon Diamond, a 12.03-carat, internally flawless, fancy vivid blue diamond. The gemstone is set in a pendant surrounded by white diamonds and attached to a delicate diamond chain.
The Blue Moon Diamond was discovered in South Africa’s Cullinan Mine, renowned for producing some of the world’s most exceptional diamonds. Its rare color and impeccable clarity make it one of the most sought-after gemstones in history. The necklace was named after the daughter of the buyer, Hong Kong billionaire Joseph Lau, who purchased it as a gift for his then 7-year-old daughter, Josephine.
2. The L’Incomparable Diamond Necklace – $55 Million
Valued at an estimated $55 million, the L’Incomparable Diamond Necklace holds the title of the most expensive necklace in the world. This breathtaking piece features a 407.48-carat fancy yellow diamond, the largest internally flawless diamond ever graded by the Gemological Institute of America (GIA). The diamond is set in a cascading design adorned with 90 smaller white diamonds, totaling 230 carats.
The L’Incomparable Diamond was discovered in the Democratic Republic of Congo in the 1980s, and it took master jewelers over four years to craft this extraordinary necklace. Its unique design and the sheer size of the central diamond make it a true marvel of the jewelry world.
3. The Heart of the Ocean – $20 Million
Made famous by the blockbuster movie Titanic, the Heart of the Ocean is a fictional necklace that inspired real-life replicas. One of the most notable replicas, valued at $20 million, features a 15-carat blue diamond surrounded by white diamonds and set in platinum. While the original necklace from the movie was a prop, the real-life versions have captured the hearts of collectors and jewelry enthusiasts worldwide.
The Heart of the Ocean symbolizes romance and tragedy, making it one of the most iconic pieces of jewelry in popular culture. Its value lies not only in the precious gemstones but also in its association with the timeless love story of Titanic.
4. The Hutton-Mdivani Jadeite Necklace – $27.4 Million
Although not a traditional diamond necklace, the Hutton-Mdivani Jadeite Necklace deserves mention for its extraordinary value and historical significance. Sold for $27.4 million at a Christie’s auction in 2014, this necklace features 27 rare, translucent jadeite beads accompanied by a diamond and ruby clasp. The necklace once belonged to Barbara Hutton, a wealthy American socialite and heiress.
While the primary focus is on the jadeite beads, the diamond and ruby clasp add a touch of brilliance and elegance, making it one of the most expensive and coveted necklaces in the world.
5. The Pink Star Necklace – $71.2 Million
Although primarily known as a diamond ring, the Pink Star Diamond was also transformed into a stunning necklace. This 59.60-carat fancy vivid pink diamond is the largest of its kind ever graded by the GIA. In 2017, it sold for a record-breaking $71.2 million at a Sotheby’s auction, making it the most expensive gemstone ever sold.
When set in a necklace, the Pink Star Diamond becomes a centerpiece of unparalleled beauty and rarity. Its vivid pink hue and flawless clarity make it a true treasure for any collector.
What Makes These Diamond Necklaces So Expensive?
- The astronomical prices of these necklaces can be attributed to several factors:
Rarity: The diamonds used in these necklaces are exceptionally rare, with unique colors, sizes, and clarity grades. - Craftsmanship: Each necklace is a masterpiece of design, requiring hundreds or even thousands of hours of meticulous work by skilled artisans.
- Historical Significance: Many of these necklaces have fascinating histories or have been owned by famous individuals, adding to their allure.
- Auction Prestige: High-profile auctions often drive up the prices of these pieces, as collectors and investors compete to own a piece of history.
6. The Graff Pink Diamond Necklace – $46 Million
Another stunning addition to the list of the most expensive diamond necklaces is the Graff Pink Diamond Necklace, which sold for $46 million at a Sotheby’s auction in 2010. This exquisite piece features a 24.78-carat fancy intense pink diamond, renowned for its exceptional color saturation and clarity. The diamond is set in a simple yet elegant platinum setting, allowing the gemstone to take center stage.
The Graff Pink Diamond was originally discovered in the 1950s and has since been recut and polished by master jewelers at Graff Diamonds to enhance its brilliance. Its rarity and beauty make it one of the most valuable pink diamonds in the world, and its transformation into a necklace has only added to its allure.
7. The Winston Blue Diamond Necklace – $23.8 Million
The Winston Blue Diamond Necklace is another masterpiece from the House of Harry Winston, one of the most prestigious names in luxury jewelry. This necklace features a 13.22-carat fancy vivid blue diamond, set in a sleek platinum design with additional white diamonds for added sparkle. The necklace sold for $23.8 million at a Christie’s auction in 2014.
The Winston Blue Diamond is celebrated for its deep, vivid blue color and exceptional clarity. Blue diamonds are among the rarest gemstones in the world, and this particular stone is a prime example of nature’s extraordinary beauty. The necklace’s design highlights the diamond’s brilliance, making it a true statement piece.
8. The Perfect Pink Diamond Necklace – $23.2 Million
The Perfect Pink Diamond Necklace is a breathtaking piece that showcases a 14.23-carat fancy vivid pink diamond. This necklace sold for $23.2 million at a Sotheby’s auction in 2010, cementing its place among the most expensive diamond necklaces in the world. The pink diamond is set in a simple, elegant design that emphasizes its natural beauty.
Pink diamonds are incredibly rare, and those with a vivid color and high clarity are even more so. The Perfect Pink Diamond Necklace is a testament to the allure of these rare gemstones and the craftsmanship required to create such a stunning piece of jewelry.
9. The Zoe Diamond Necklace – $32.6 Million
The Zoe Diamond Necklace is another remarkable piece that features a 9.75-carat fancy vivid blue diamond. This necklace sold for $32.6 million at a Christie’s auction in 2014, making it one of the most expensive blue diamond necklaces ever sold. The diamond is set in a pendant surrounded by smaller white diamonds, creating a striking contrast that enhances the blue diamond’s brilliance.
The Zoe Diamond is named after the daughter of the buyer, highlighting the sentimental value that such pieces can hold. Its vivid blue color and exceptional clarity make it a true treasure, and its transformation into a necklace has only added to its desirability.
10. The Oppenheimer Blue Diamond Necklace – $57.5 Million
The Oppenheimer Blue Diamond Necklace is another extraordinary piece that features a 14.62-carat fancy vivid blue diamond. This necklace sold for $57.5 million at a Christie’s auction in 2016, setting a new record for the most expensive jewel ever sold at auction at the time. The diamond is set in a simple, elegant design that allows its natural beauty to shine.
The Oppenheimer Blue Diamond is named after its previous owner, Sir Philip Oppenheimer, a member of the famous De Beers diamond family. Its vivid blue color and exceptional clarity make it one of the most valuable blue diamonds in the world, and its transformation into a necklace has only added to its allure.
Conclusion
The world of the most expensive diamond necklaces is a fascinating blend of art, history, and luxury. From the vivid blue hues of the Blue Moon of Josephine to the unparalleled size of the L’Incomparable Diamond, these necklaces represent the pinnacle of human creativity and the enduring allure of diamonds. Whether as investments, heirlooms, or symbols of status, these extraordinary pieces continue to captivate and inspire.
For those who dream of owning such a masterpiece, these necklaces serve as a reminder of the timeless beauty and value of diamonds. While most of us may never wear a $50 million necklace, we can still appreciate the artistry and craftsmanship that go into creating these magnificent works of wearable art.