Top 3 Most Expensive and Largest Diamonds in the World

• 19 Dec
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Diamonds have always been beautiful gems in the world: they are symbols of opulence, love and timelessness. The statement Diamonds Last Forever perfectly entails the enduring appeal of their treasures. 

From an occasional family gift and jewellery to wedding rings, these gems hold a special place in every heart, showcasing the unbreakable bond. However, what makes these diamonds so special? Is it history, brilliance, or strength?

India, the land of Gems, has a special connection with these diamonds, having been the source of a few globally popular stones. Beyond the beauty, diamonds are special for their value and rarity.

Whether it is an inspiring story or the appeal of the solitaire of legendary gems like Kohinoor, these gems continue to speak to us. 

Let's explore why diamonds last forever and learn about some of the world's most expensive and largest diamonds. 

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Why Are Diamonds Forever?

People celebrate diamonds for their unmatched brilliance, durability and rarity, making them unique treasures. Their symbolic value and lasting beauty have cemented their status as the ultimate display of commitment and love. 

Diamonds as a Symbol of Eternity

The unmatched strength and brilliance of diamonds speak their significance and make them a symbol of permanence and eternity. Formed inside the earth, their natural durability reflects the strong bonds they carry. Whether it's a showcase item, a wedding ring, or a gift, everyone cherishes them for their rarity.

The Role of Marketing in Popularizing the Phrase

De Beers mentioned that Diamonds Are Forever, during a marketing campaign in 1947, transformed them into the symbol of love and commitment. This campaign was associated with engagements and relationships, making them crucial for couples worldwide. The emotional resonance of this campaign continues to influence how we consider diamonds nowadays. 

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Emotional and Cultural Significance of Diamonds

Across locations and cultures, these precious gems have always been seen as symbols of power, wealth and love. In India, they have had a special place since ancient times. Their rarity and brilliance make them ideal for making every moment memorable in life, from carrying deep cultural and emotional meaning to celebrating weddings and anniversaries. 

The World's Largest Diamonds

The top largest diamonds are popular for their respective stories and sizes. Here is the list of the top of them: 

The Cullinan Diamond

The Cullinan diamond was founded in South Africa at the beginning of the 20th century. It is the largest diamond ever discovered on the earth, weighing 3106 carats. Later, it was cut into multiple pieces, the Great Star of Africa being the most famous. It was a part of British jewellery, displaying power and wealth. 

The Excelsior Diamond

It is the second largest diamond found on earth in terms of size. Historically, it was the first largest diamond found before the discovery of the Cullinan. The rarity and size of this gem made it an extraordinary discovery. It was also cut into multiple parts. However, it is a part of precious diamond history, displaying the incredible artistic skill of nature. 

The Lesedi La Rona

It was found in Botswana in 2015. The Lesedi La Rona is the largest diamond gem found in this century, a few years ago. It weighs 1109 carats. The name of this diamond comes from the Tswana language, which reflects light and displays its cultural significance and brilliance. The gem is popular for its near-perfect transparency, exceptional size, and remarkable quality, making it a historical diamond discovery. 

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The World's Most Expensive Diamonds

The price of the most expensive diamonds is decided depending on their size, rarity, historical significance and colour. Here is the list of the top 3 most expensive diamonds: 

Pink Star Diamond

The Pink Star Diamond, known for its high price in the auction in 2017, was sold for $71.2 million. The flawless quality and stunning pink colour make it one of the most precious diamonds in the world, admired for its breathtaking beauty and rarity. 

The Oppenheimer Blue

A rare blue gem, The Oppenheimer Blue, was sold for $57.5 million in an auction 9 years ago. It was named after former owner Sir Philp Oppenheimer. This expensive diamond is blue in colour and known for its highest price. 

The Hope Diamond

The Hope Diamond is one of the most valuable and popular diamonds globally. Known for its rich history and deep blue colour, it displays royalty and brings both good and bad fortunes. Its estimated price is more than around $250 million.

What Determines a Diamond's Value?

Many key factors, known as 4Cs, namely clarity, cut, colour, and carat, determine the value of a diamond. The clarity counts the presence of external and internal imperfections. Cut refers to the shape of the diamond and how it affects the sparkle and brilliance of it. Colour is denoted as D to Z grades, while carat denotes the size of the diamond. These 4 Cs combine to decide the overall price and quality of the gem. 

Further, its history and rarity play a pivotal role in deciding the value. These gems have a popular history, like that of Kohinoor in India, and hold an extra edge of value for enthusiasts and collectors. 

The rarity of the diamond, like its colour, such as Blue or Pink, further raises its market value. Since high-quality diamonds are continuously in demand in the market, diamonds with unique characteristics get an edge with higher value. 

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Conclusion

In conclusion, diamonds continue to be in demand due to their rarity, beauty, and timeless appeal. Do you have any diamond or diamond jewellery and want to sell them for instant cash, or do you want to sell the old diamond to purchase a new one? And are you looking for a genuine diamond buyer in Delhi to sell it? Visit 24Karat or call us to discuss this further.