The most expensive diamond in the world is considered the Koh-i-Noor ("Mountain of Light"), renowned for its priceless historical significance and beauty, though it has no official monetary value as it's part of the British Crown Jewels, with some estimates placing its worth in the billions. For diamonds sold at auction, the CTF Pink Star holds the record at $71.2 million, while the De Beers Blue sold for over $57.4 million, showcasing the immense value of rare colored gems.
Kohinoor is a brilliant oval cut natural diamond with its elongated shape and ideal formational structure. The reason behind Kohinoor's $20 Billion price is the brilliant cutting style and 105.6 carat weight.
A diamond appropriate for 75% of a $20k engagement budget could range from 1 to 2.50 carats, or even higher, depending on the shape, and how it's graded in other areas. It may even be able to get you a diamond 3 carat or larger stone if you opt for a lab-grown diamond instead.
As diamonds age from 100 years to 120 years old and we move further away from the 20th century, these old cuts will not only become more scarce but also more valuable. As an example, jewelry from the 17th century and older is extremely valuable and rare.
What Is an Old Mine Cut Diamond? Taylor Swift's engagement ring features an old mine cut diamond, estimated to weigh anywhere from eight to 10 carats. First introduced in the 18th century, the old mine cut is considered one of the earliest forms of the modern brilliant cut, holding deep roots in jewelry history.
Kohinoor is now part of the British Monarch, Queen Elizabeth. It is currently on public display in the Jewel House at the Tower of London, seen by millions of visitors each day. Kohinoor Diamond was ceded to Queen Victoria after the annexation of Punjab by the British in 1849.
How much is the Queen Elizabeth crown diamond worth?
Current estimates place the value of the British Crown Jewels between $4 to $6 billion. Today, the British Crown Jewels are kept in the Tower of London and represent over 800 years of the history of the British monarchy. The Imperial State Crown is one of the most famous of the items housed there.
Platinum. Its very name sounds luxurious. Because of platinum's hardness, rarity and naturally white sheen that never fades or changes colour, it's the most sought-after metal for engagement rings.
Platinum does hold its value as it is a rare precious metal and only a small percentage of the mined metal is actually used in the jewelry industry. This makes platinum jewelry great as a family heirloom.
Taylor Swift's $550,000 engagement ring features an 8-carat antique cushion-cut diamond with intricate Victorian-inspired gold detailing. The couple's two-year relationship has been filled with mutual support, from football games to Swift's billion-dollar Eras Tour.
With natural diamonds, you can get approximately a 1 to 1.25-carat diamond for $3,000. If you choose a lab-grown diamond instead, you can get approximately a 2.5 to 3 carat stone. Just remember that if your budget is $3,000 total, you will need to opt for a smaller diamond in order to afford the setting, too.
The Aquamarine name comes from the Latin word for seawater and is said to calm waves and keep sailors safe at sea. It is sometimes referred to as a poor man's diamond because of the pale color.
Jewelry professionals can identify the period of a diamond by examining the shape and facets of the stone. Diamond cuts have evolved from early old mine to today's brilliant-cut diamonds. Trained professionals can analyze the diamond to determine its approximate age.