Five Most Expensive Diamonds in the World

There are many factors that make diamonds so talked about, like color, size, purity, brilliance, and many more. But this is also the price tag that turns any gem into a legendary jewel. With flawless diamonds the price breaks all limits exceeding tens of millions of dollars. That is why to satisfy everyone's curiosity we offer the list of five most expensive diamonds so far:

1 The Graff Pink, a fancy intense pink diamond, was named after its owner, the diamond dealer Laurence Graff. This is a 24.78-carat round-cornered rectangular step-cut diamond. Evidently the buyer knew the real value of the stone since he overpaid $19 million of the minimal estimated price. The diamond mounted in a ring was expected to fetch between $27 million to $38 million, however Laurence Graff parted with $46 million for the opportunity to be the sole owner of the most expensive single jewel on the planet named after him.

Hello, Wittelsbach-Graff: Exhibit on Display at AMNH

Wittelsbach-Graff is the most expensive diamond in the world which is currently can be seen in the American Museum of Natural History.

First, it's special because of its deep blue color so rare for diamonds. The color determined the high price of 31.06-carat diamond gem - in 2008 the Wittelsbach diamond was sold for record $24.3 million. It was renamed after its new owner Lawrence Graff, a known English jeweller. Though the diamond was considered to be flawless, Graff cut this diamond to remove flaws. As a result, the original Wittlsbach lost more than 4 carats in weight and its owner was criticized for altering the historic diamond gem.

Second, this diamond has very long history. Its first appearance in Europe dates from the 17th century. Then the blue gem belonged to King Philip IV of Spain. After that it changed hands, mostly royal ones, while at last Charles Albert, a member of Wittelsbach dynasty, became in possession of the rare fancy blue diamond. The most interesting thing is that each owner of the Wittelsbach diamond preferred to wear it in various settings - each owner to his taste.

Third, it is one of few diamonds that came from India and became the royal jewels. It is rumoured, the Wittelsbach diamond was cut from the same initial stone as the world known Hope Diamond was cut. Probably this helped to draw additional attention to Wittelsbach-Graff diamond. Anyway, this unique and currently the most expensive blue diamond in the world can be ogled by the visitors of museum till January 2nd, 2011. And those who want to have fancy blue diamond for affordable price follow this link.