The diamond is among nature’s most beautiful wonders and the most expensive jewel in the world. It makes sense why they have been called “stars of hope” and “fountains of light,” as they reflect light from their edges. Diamonds, which frequently date back more than 3 billion years, are made when carbon is subjected to extreme pressure and heat 500 km beneath the Earth’s crust. The largest diamonds or those with the best clarity and colour are the rarest diamonds in the world.
Let’s Have a Look at the Top 10 Most Expensive Diamond in The World.
The top 10 most expensive diamond in the world right now; listed by price, are given below:
- Mountain of Light Diamond (Koh-I-Noor): Priceless
- The Cullinan Diamond – $400 million
- The Hope Diamond – $350 million
- The Diamond De Beers Centenary- $ 100 million
- The Blue Diamond of Oppenheimer- -$ 57.5 million
- Graff Lesedi La Rona diamond- $53 million
- Princie–$ 39.3 million
- The Steinmetz Pink Diamond – $71.2 million
- The Rock- $21.9 million
- The Heart of Eternity — $16 million
#1. Mountain of Light Diamond (Koh-I-Noor)
Priceless – The Koh-I-Noor, also known as The Mountain of Light, is thought to be the most expensive diamond in the world or the costliest diamond in the world ever created. Now a part of the British Crown Jewels, this colourless gemstone weighs 105.6 carats. The Koh-I-Noor diamond, the focal point of the Queen Mother’s crown, draws millions of visitors each year to the Tower of London. Since 1849, only women have been allowed to wear the Kohinoor diamond due to the widespread belief that it is cursed because so many of its male owners unpredictably lost their power or lives.
It is believed that the jewel, which was a fragment of the Mughal Peacock Throne, was made in India. Later, once Punjab was seized by the British, it was contentiously given to Queen Victoria. Prince Albert asked Coster Diamonds to recut the gem into an oval brilliant. Even though it is believed that the Koh-i-Noor diamond is priceless, the full set of crown jewels is the most valuable diamond in the world and is estimated to be worth more than $1 billion.
#2. The Cullinan Diamond – $400 Million
The largest uncut diamond ever was the 3,106-carat Cullinan diamond, which was found in South Africa in 1905. However, it now comprises 105 gems in varied weights and cuts. It is also considered one of the most expensive diamond in the world.
In honour of the mine’s chairman, Thomas Cullinan, the most spectacular diamond in the world was given the moniker “The Cullinan.” The stone is reportedly worth $400 million. The diamond comprises nine bigger pieces totalling approximately 1,055 carats in weight, along with other lesser cuts. The largest stone, known as Cullinan I, measures 530.20 carats and is the largest flawless diamond in the entire world.
#3. The Hope Diamond – $350 Million
You might be shocked to find that a legend holds that the name of the diamond contains a curse. Nothing unexpected, given that the majority of its prior owners were completely annihilated. It is blue because of the presence of boron atoms, but when exposed to UV light, it turns red because of the presence of phosphorus. The Hope banking family in London, which purchased this 45.52-carat diamond sometime in the 1830s, gave it its name. It was discovered in the Andhra Pradesh region of India in the 1600s.
#4. Diamond De Beers Centenary- $ 100 Million
The third-largest diamond ever discovered in South Africa’s Premier Mine is this huge 273.85-carat stone. The De Beers Centenary Diamond was found in 1986 at South Africa’s Premier Mine, but it wasn’t publicly announced until the company’s 100th-anniversary celebration in Kimberley. The name Centenary has this origin. It was one of the largest top-colour diamonds ever found, at 599 carats. The Centenary was then reduced in size to create a gem that weighed 273.85 carats and had 247 precisely matching facets. The GIA certified the diamond’s internal and external flawlessness as well as its D colour rating for colourless diamonds.
#5. The Blue Diamond of Oppenheimer- -$ 57.5 Million
The Oppenheimer Blue broke the previous record for the highest sum ever paid for a gem at auction when it was bought in May 2016. The Pink Star Diamond broke that record in April 2017. It was the biggest modern-cut diamond in existence when it was first announced in 1991. Before going on exhibit in 1991, The Centenary was insured for $100 million, although it has never been valued. The diamond has no known owner, and no one knows where it is currently.
#6. Graff Lesedi La Rona Diamond- $53 Million
The Graff Lesedi La Rona, the biggest square emerald cut diamond ever discovered, was discovered in November 2015 in the Karowe Mine of Canadian company Lucara Diamond, which has its headquarters in Botswana. If They sold the uncut stone, which is approximately 2.5 billion years old, to the British international jeweller Graff in 2017. They fashioned the Graff’s Lesedi La Rona, which currently weighs roughly 302.37 carats, from the rough diamond over the course of 18 months. These produce 66 small diamonds in addition to the original rough diamond.
#7. Princie–$ 39.3 Million
The Prince is one of the most famous pink diamonds in the world, therefore its high price shouldn’t be shocking. 2013 saw a New York auction when it sold for US$39.3 million. This 34.65-carat Princie diamond, along with many other exceedingly priceless diamonds, was mined in the Golconda region. It was discovered over 300 years ago in India. The Nizam of Hyderabad, who was ranked the richest man in the world by Time magazine in 1937, was one of its owners. The diamond bears the name of the Prince of Baroda, Maharani Sita Devi’s son.
#8. The Steinmetz Pink Diamond – $71.2 Million
It is currently known as the Pink Star, weighs 59.60 carats, and has a Fancy Vivid Pink colour rating from the Geological Institute of America. It is the largest diamond known to exist with this grading. In the renegade De Beers mines, it was found in 1999. Due to its rarity, cutting it required Steinmetz Diamonds, a company affiliated with the Benny Steinmetz organisation, and took 20 full months. It made its public introduction in Monaco on May 29, 2003. On April 3, 2017, it was purchased at a Sotheby’s auction by Chow Tai Fook Enterprises in Hong Kong for USD 71.2 million.
#9. The Rock- $21.9 Million
Even though The Rock only weighs 228.31 carats, it is the largest white diamond ever found. The rough diamond was found in South Africa more than 20 years ago, and it was polished there as well. It has since had three distinct owners. The auctioneer, Rahul Kadakia, stated that the diamond was the size of an egg when discussing its size. Christie’s Geneva staged an auction of beautiful diamonds on May 11, 2022, and the Rock was among the items. The diamond was sold for USD 21.9 million.
#10. The Heart of Eternity — $16 Million
Blue diamonds make up just 1% of all fancy-coloured diamonds mined. The Heart of Eternity is a beautiful vivid blue diamond that they created at the South African Premier Diamond Mine. As it has no undertones of grey or black, this stunning heart-shaped stone, which was originally cut from a 777ct raw diamond, is the Rarest Diamond in the World. The Steinmetz Group originally owned the Heart of Eternity but De Beers later bought it in 2000. Boxer Floyd Mayweather allegedly acquired the diamond in 2012 for his then-fiancée Shantel Jackson. However, De Beers has not formally endorsed this.
Conclusion
So, these are the top 10 most expensive diamonds in the world among various expensive diamonds in the world. All diamonds are taken from the Earth, but they are not all the same. Over the years, diamond prices have consistently broken records, capturing the attention of gemologists.
FAQs:
Q. Which is the most beautiful diamond in the world?
A. One of the most magnificent gems is the Hope Diamond, which costs roughly $350 million. It is blue because of the presence of boron atoms, but when exposed to UV light, it turns red because of the presence of phosphorus.
Q. Which is the most popular diamond in the world?
A. It’s said that the Koh-I-Noor, also known as The Mountain of Light, is the most popular and valuable diamond in the world.
Q. Which country has diamonds of the highest quality?
A. Botswana is at the top of the list of countries that produce the highest quality diamonds internationally while ranking second in terms of volume. In 2013, Botswana produced 23.2 million carats for a total of $3.63 billion.
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