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A History of the World's Most Expensive Jewelry Pieces

June 6th, 2025

Categories: Blog

Jewelry has always been more than just shiny items we wear. It’s been a symbol of wealth, status, and creativity for ages. From ancient times to today, some pieces are so stunning that they’re like little works of art. In this blog, we’re diving into the history and charm of some of the most expensive jewelry pieces in the world. Let’s take a look!

1. The Hope Diamond: $200-250 million

One of the most famous gems in history, the Hope Diamond is renowned for its stunning blue hue and historical past. Weighing in at 45.52 carats, it has passed through the hands of several notable owners, including King Louis XIV of France and American socialite Evalyn Walsh McLean. The diamond’s spectacular history has sparked legends of a curse, adding mystery to its already fascinating legacy. Today, the Hope Diamond resides at the Smithsonian National Museum of Natural History, valued at approximately $250 million.

Image sourced from The Smithsonian Institution

2. Peacock Brooch by Graff Diamonds: $100 million

In addition to the Hope Diamond, the Peacock Brooch by Graff Diamonds is another remarkable piece in the world of fine jewelry. This stunning brooch features a breathtaking display of colored diamonds, including an impressive 20.02-carat pear-shaped blue diamond at its center, surrounded by a multitude of vibrant hues. The intricate design captures the elegance and beauty of a peacock in full display, showcasing the craftsmanship that Graff Diamonds is known for.

Image sourced from Forbes

3. Wittelsbach- Graff Diamond: $80 million

The Wittelsbach-Graeff Diamond is a blue diamond that holds an incredible history tied to European royalty. Weighing 31.06 carats, this gem was originally part of the Habsburg Crown Jewels and changed hands among noble families over centuries. In 2008, it was sold for $24.3 million, highlighting its coveted status as one of the most remarkable diamonds in existence. Its vibrant blue color and historical significance make it a true masterpiece.

Image sourced from The Wall Street Journal

4. The Pink Star Diamond: $71.2 million

With an outstanding price tag of $71.2 million, the Pink Star Diamond made headlines when it was sold at auction in 2017. Weighing 59.60 carats, this rare fancy vivid pink diamond is known for its unparalleled size and color saturation. Its origins trace back to South Africa, where it was mined and cut over two years. The Pink Star is not only remarkable for its beauty but also for its investment value, making it a unique piece for collectors.

Image sourced from Geology In

5. Oppenheimer Blue: $57.5 million

Another notable diamond that has captured attention is the Oppenheimer Blue Diamond. Sold for a staggering $57.5 million at auction in 2016, this 14.62-carat diamond is recognized as one of the largest fancy vivid blue diamonds ever. Its intense blue hue and rich history, having once belonged to Sir Philip Oppenheimer, add to its significance in the world of rare gemstones. Both diamonds not only showcase extraordinary beauty but also exemplify the immense value that these rare stones hold for collectors and investors alike.

Image sourced from Forbes

6. L'Incomparable Diamond Necklace: $55 million

The L’Incomparable Diamond Necklace stands out as an extraordinary piece in the realm of high jewelry. Featuring a stunning 407.48-carat yellow diamond as its centerpiece, this necklace is renowned for its intricate design and exceptional quality. Originally discovered in the Congo, the L’Incomparable diamond is one of the largest diamonds ever cut and serves as a testament to the exceptional artistry involved in jewelry making. Each of these remarkable gems showcases not just beauty but also the incredible stories and values associated with rare diamonds.

Image sourced from The Jewellery Editor

7. Blue Moon Of Josephine: $48.4 million

The Blue Moon of Josephine is another remarkable diamond that deserves attention. Weighing 12.03 carats, this fancy vivid blue diamond sold for $48.4 million at auction in 2015, setting a new record for a blue diamond at that time. Named after Josephine Bonaparte, this exquisite gem is known for its deep blue color and exceptional clarity, making it not just a beautiful piece of jewelry but also a symbol of prestige and rarity in the diamond world.

Image sourced from THE WEEK

8. The Graff Pink Diamond: $46.2 million

The Graff Pink Diamond captured attention when it was sold for $46 million in 2010. Weighing 24.78 carats, this fancy intense pink diamond is renowned for its perfect cut and exceptional clarity. Acquired by jeweler Laurence Graff, it reflects the rare and captivating nature of colored diamonds, making it one of the most expensive gems ever sold.

Image sourced from GRAFF

9. Hutton- Mdivani Jadeite Necklace: $27.4 million

The Hutton Mdivani Jadeite Necklace is a stunning piece that showcases the beauty of jadeite, a rare form of jade. This necklace features 30 rectangular jadeite beads and a diamond clasp. It was sold at auction for a remarkable $8.4 million, becoming one of the most expensive jade pieces ever sold. This necklace not only holds immense value due to its materials but also represents a significant part of jewelry history, having once belonged to the prominent socialite Barbara Hutton.

Image sourced from Forbes

10. Chopard 201- Carat Watch: $25 million

The Chopard 201 Carat Watch is a true example of craftsmanship and luxury, valued at an astounding $25 million. This exquisite timepiece is adorned with a stunning array of colored diamonds, including a heart-shaped pink diamond weighing 15 carats, a blue diamond of 12 carats, a stunning yellow diamond weighing 11 carats. The watch is a functional item and a statement piece that represents the artistic brilliance of jewelry.

Image sourced from Industry Leaders Magazine

Shopping With James & Sons

When you shop at James & Sons Fine Jewelers you're not just picking out a piece of jewelry – you're diving into a world of stories and beauty. Each piece we offer reflects the same passion and emotion found in extraordinary gems throughout history. Whether you’re looking for something classic or a modern twist, James & Sons has a collection that truly captures the beauty of what jewelry can represent. We invite you to shop at any of four locations in the Chicagoland area: Chicago, Naperville, Orland Park, and Schererville.