Top 10 Most Expensive Diamonds in The World
One of nature’s most exquisite creations is the diamond. It is understandable why they have been dubbed “fountains of light” and “stars of hope” as they reflect light from their edges. The price of a diamond, the most valuable stone, also depends on a number of other elements, including its weight, colour, clarity, and historical and cultural value. The most expensive stones have frequently been the prized possessions of kings and gods, and the wealthy and powerful are currently in a race to acquire them.
Diamonds are created when carbon is exposed to intense pressure and heat 500 km below the Earth’s crust, and they are frequently older than 3 billion years. When carbon is exposed to extreme heat and pressure, diamonds are produced. The rarest diamonds are those that are incredibly big or have excellent clarity and colour.
Here is a list of the top 10 most expensive diamonds in the world right now by price.
- The Heart of Eternity — $16 million
- The Rock- $21.9 million
- The Steinmetz Pink Diamond – $71.2 millions
- Princie–$ 39.3 million
- Graff Lesedi La Rona diamond- $53 million
- The Blue Diamond of Oppenheimer- -$ 57.5 million
- Diamond De Beers Centenary- $ 100 million
- The Hope Diamond – $350 millions
- The Cullinan Diamond – $400 millions
- Mountain of Light Diamond (Koh-I-Noor): Priceless
1. The Heart of Eternity — $16 Million
Only 1% of mined fancy-coloured diamonds are blue diamonds. The South African Premier Diamond Mine produced The Heart of Eternity, a fancy vivid blue diamond. This gorgeous heart-shaped stone was originally cut from a 777ct rough diamond and is an incredibly Rarest Diamond in the World because it doesn’t have any undertones of grey or black. The Steinmetz Group initially held ownership of The Heart of Eternity, but De Beers later acquired it in 2000. According to rumours, boxer Floyd Mayweather bought the diamond for his then-fiancée Shantel Jackson in 2012. De Beers has not, however, confirmed this.
2. The Rock- $21.9 million
The Rock is the largest white diamond ever discovered, even though it is only 228.31 carats in weight. More than 20 years ago, the rough diamond was discovered in South Africa and polished there. Since then, it has had three different owners. Rahul Kadakia, the auctioneer, compared the size of the diamond to that of an egg while describing its size. On May 11, 2022, Christie’s Geneva held an auction of magnificent jewels, and the Rock was a part of it. The diamond sold at a price of USD 21.9 million.
3. The Steinmetz Pink Diamond – $71.2 millions
It is now referred to as the Pink Star, measures 59.60 carats in weight, and has a Geological Institute of America colour rating of Fancy Vivid Pink. It is the biggest diamond with this rating that is currently known. It was discovered in 1999 in the prodigal De Beers mines. Due to its rarity, cutting it took 20 full months and required Steinmetz Diamonds, a member of the Benny Steinmetz group. On May 29, 2003, it made its official debut in Monaco. Chow Tai Fook Enterprises in Hong Kong paid USD 71.2 million for it at a Sotheby’s auction on April 3, 2017.
4. Princie-$ 39.3 million
Given that the Princie is one of the most well-known pink diamonds in existence, its high price shouldn’t come as a surprise. It was auctioned off in New York in 2013 for US$39.3 million. The Golconda is the region where this 34.65-carat Princie diamond was mined, along with many other extremely valuable diamonds. It was discovered in India around 300 years ago. One of its owners was the Nizam of Hyderabad, who was named the richest man in the world by Time magazine in 1937. The Prince of Baroda, son of Maharani Sita Devi, is remembered in the name of the diamond.
5. Graff Lesedi La Rona diamond-$53 million
The Graff Lesedi La Rona, the largest square emerald cut diamond in the world, was found in November 2015 at the Karowe Mine of Botswana-based Lucara Diamond, a Canadian company. In 2017, the uncut diamond, which is thought to be at least 2.5 billion years old, was sold to Graff, a British multinational jeweller. The rough diamond was meticulously crafted over the course of 18 months to become Graff’s Lesedi La Rona, which now measures about 302.37 carats. The original rough diamond yielded an additional 66 tiny diamonds.
6. The Blue Diamond of Oppenheimer-$ 57.5 million
When the Oppenheimer Blue was purchased in May 2016, it shattered the previous record for the highest price ever paid for a jewel at auction. That record was surpassed by the Pink Star Diamond in April 2017. At the time of its 1991 announcement, it was the largest modern-cut diamond known. The Centenary was insured for $100 million before it was put on display in 1991, but it has never undergone appraisal. No one is aware of the diamond’s current location because its owner is unknown.
7. Diamond De Beers Centenary- $ 100 million
This enormous 273.85-carat diamond is the third largest diamond ever found in South Africa’s Premier Mine. The De Beers Centenary Diamond was discovered in South Africa’s Premier Mine in 1986, but its discovery was kept a secret until the company’s 100th-anniversary celebration in Kimberley. This is the origin of the name Centenary. With a weight of 599 carats, it was one of the biggest top-colour diamonds ever discovered. The Centenary was then shrunk to produce a stone that was 273.85 carats in size and had 247 perfectly matched facets. The diamond’s internal and external flawlessness, as well as its D colour rating for colourless diamonds, were confirmed by the GIA.
8. The Hope Diamond – $350 Millions
You might be surprised to learn that a legend claims that the diamond carries a curse with its name. Nothing shocking, considering how most of its previous owners were destroyed. The presence of boron atoms gives it a blue colour, but the presence of phosphorus causes it to turn red when exposed to ultraviolet light. The name of this 45.52 carat diamond, which was found in the Andhra Pradesh region of India in the 1600s, comes from the Hope banking family in London, which bought it sometime in the 1830s.
Wikipedia records a total of 22 owners since it was first owned by the French merchant Tavernier in 1653 before it was bought by the Smithsonian Museum in 1958, where it is still on display today. It is insured for $250 million. It is another jewel that was taken in 1792 during the French Revolution.
9. The Cullinan Diamond – $400 Millions
It was the biggest rough diamond in the world of gem-quality ever found when it was found in the Premier No. 2 mine in Cullinan, South Africa. It started out weighing 3,106.75 carats (621.35 g) and later split into 9 diamonds, all of which are now a part of the British Crown Jewels. Up until 1985, when the 545.67-carat Golden Jubilee from the same mine deposed it, Cullinan I, also known as the Great Star of Africa, continued to hold the title of largest diamond at 530.2 carats. The largest clearcut diamond is still that one, though. The Sovereign’s Sceptre with Cross is now resting on top of it.
The 66-faceted Cullinan II, also known as the Second Star of Africa, is set in the Imperial State Crown’s front, below the Kohinoor and the Black Prince’s Ruby. Cullinans V, VI, and VIII are all components of brooches, as are Cullinans III and IV, collectively known as the Lesser Star of Africa. While Cullinan IX is set in the platinum Cullinan IX Ring, Cullinan VII is a pendant on the Delhi Durbar necklace. Phew!
10. Mountain of Light Diamond (Koh-I-Noor): Priceless
The Koh-I-Noor, also called The Mountain of Light, is rumoured to be the most expensive diamond in the entire world. This colourless gemstone, which weighs 105.6 carats, is now a piece of the British Crown Jewels. Millions of people visit the Tower of London each year to see the Koh-I-Noor diamond, the centre stone of the Queen Mother’s crown. Due to the common notion that the Kohinoor diamond is cursed because so many of its male owners unexpectedly lost their power or lives, only women have been permitted to wear it since 1849.
The gemstone, which was a piece of the Mughal Peacock Throne, is thought to have originated in India. Later, after the British annexed the Punjab, it was controversially transferred to Queen Victoria. The gem was recut by Coster Diamonds into an oval brilliant at Prince Albert’s request. Even though the Koh-i-Noor diamond is regarded as priceless, the entire set of crown jewels is thought to be worth more than $1 billion and is the most expensive diamond in the world.
FAQs
Q.1- What are the most expensive diamonds in the world in 2022?
- The Heart of Eternity — $16 million
- The Steinmetz Pink Diamond – $25 millions
- Princie–$ 39.3 million
- Graff Lesedi La Rona diamond–$53 million
- The Blue Diamond of Oppenheimer- -$ 57.5 million
- Diamond De Beers Centenary- $ 100 million
- The Rock- $250 Million
- The Hope Diamond – $350 millions
- The Cullinan Diamond – $400 millions
- Mountain of Light Diamond (Koh-I-Noor): Priceless
Q.2- Which is the most beautiful diamond in the world?
The Hope Diamond which has a price about $350 Millions is considered one of the most beautiful diamonds. The presence of boron atoms gives it a blue colour, but the presence of phosphorus causes it to turn red when exposed to ultraviolet light.
Q.3- What is the Cullinan diamond price in India?
The Cullinan Diamond – $400 Millions is also the biggest diamond in the world. It was the biggest rough diamond of gem quality ever found when it was found in the Premier No. 2 mine in Cullinan, South Africa. It started out weighing 3,106.75 carats (621.35 g) and later split into 9 diamonds, all of which are now a part of the British Crown Jewels.
Q.4- Which is the most popular diamond in the world?
The Koh-I-Noor, also called The Mountain of Light, is rumoured to be the most popular and expensive diamond in the entire world. This colourless gemstone, which weighs 105.6 carats, is now a piece of the British Crown Jewels. Millions of people visit the Tower of London each year to see the Koh-I-Noor diamond, the centre stone of the Queen Mother’s crown. Due to the common notion that the Kohinoor diamond is cursed because so many of its male owners unexpectedly lost their power or lives, only women have been permitted to wear it since 1849.
Q.5- Which country has the best quality diamonds?
In spite of coming in second place in terms of volume, Botswana tops the list of countries that generate the most diamonds globally. Botswana mined 23.2 million carats worth $3.63 billion in total alone in 2013.
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