Top 10 most expensive ring in the world in 2024

The most expensive ring in the world: The earth is the most beautiful planet in the solar system. The earth is the only planet in the solar system where humans live. Since the introduction of civilization humans have been fond of jewelry to ornate themselves.

Over time, they have made various types of ornaments to ornate them and make them more attractive. In the same have made ring to make their fingers attractive. The first evidence of ring, is found in Czech Republic, which is made of a mammoth bone and 21,000 years old. Gradually people started to make rings from various things, and it has been becoming more and more expensive. Here, we will see the list of the most expensive ring in the world. Let’s dive in.

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10. The Cullinan Dream: $25.3 million

The the diamond of the ring Cullinan Dream weighed an impressive 122.52 carats in its rough form. The rough diamond was cut into a 24.18-carat polished stone, making it the largest Fancy Intense Blue diamond ever offered at auction.

• The diamond ring is categorized as a Fancy Intense Blue diamond, it exhibits a stunning blue hue. Moreover, it boasts exceptional clarity.
• The Cullinan Dream is even rarer due to its classification as a Type IIb diamond. These stones account for less than one-half of 1% of all diamonds found in nature.
• In June 2016, the Cullinan Dream was auctioned at Christie’s New York for a staggering $25.3 million. 

9. The Pink Promise: $32 million

The Pink Promise ring is now set in platinum, adorned with a white diamond halo and a split shank encrusted with diamonds. The Pink Promise boasts an impressive 14.93 carats.

• On November 28, 2018, Christie’s auction in Hong Kong saw the sale of The Pink Promise for an incredible $31,861,000, which translates to approximately $2.13 million per carat.
• It is classified as a fancy pink diamond, it exhibits a delicate and enchanting pink hue. Moreover, it boasts exceptional clarity.
• The Pink Promise’s exquisite color, combined with its remarkable clarity, captured the hearts of collectors and connoisseurs alike.

8. Eternal Pink: $34.8 million

The Eternal Pink weighs an impressive 10.57 carats. The diamond of the ring is classified as a Fancy Vivid Purplish Pink diamond, which means it exhibits an intense pink hue with a touch of purple. exceptionally rare.

• The diamond is a cushion-cut, adding to its elegance. The 23.78-carat rough diamond that yielded the Eternal Pink was mined by De Beers at the Damtshaa mine in Botswana.
• In June 2023, The Eternal Pink was sold at Sotheby’s New York for a staggering $34.8 million in just two minutes, setting a new world auction record for a fancy purplish pink diamond and a new price-per-carat record for this color grade.

7. Bleu Royal: $43.8 million

The Bleu Royal diamond ring weighs an impressive 17.61 carat. It is classified as a fancy vivid blue diamond, which means it exhibits an intense blue hue.

• The Bleu Royal was auctioned at Christie’s in Geneva, Switzerland. It was the largest internally flawless fancy vivid blue gem ever to appear for sale in auction history.
• After an intense bidding round, an anonymous private collector acquired the Bleu Royal for 39.505 million Swiss francs (approximately $43.8 million), including tax and fees.

Such fancy vivid blue diamonds ring weighing over 10 carats are exceptionally rare, and the Bleu Royal joins an exclusive group of only three similar stones that have appeared for sale at Christie’s in the last 13 years.

6. Grace Kelly’s Engagement Ring: $44.3 million

Kelly’s engagement ring features an impressive 10.48-carat emerald-cut diamond flanked by two baguette-cut side stones. In 1956, when Prince Rainier III of Monaco proposed to Grace Kelly, the ring cost an astounding $4 million. Today, its estimated value has soared to an astonishing $44.3 million.

• Interestingly, the initial engagement ring presented to Kelly wasn’t the famous Cartier diamond ring.
• Prince Rainier gifted her a Cartier eternity band adorned with heirloom rubies and diamonds, symbolizing Monaco’s flag colors.
• After Grace Kelly’s tragic death in 1982, both her engagement rings were placed in the House of Grimaldi.
• The iconic Cartier diamond ring now belongs to the Grimaldi family, a testament to timeless love and enduring elegance.

5. Graff Pink: $46.16 million

The Graff Pink is a rare 24.78-carat pink diamond, once owned by the American celebrity jeweler Harry Winston. The diamond of the righ i.e The Graff Pink is classified as a Type IIa diamond, placing it in the top two percent of the world’s diamonds in terms of purity.

• The combination of the central pink diamond and the complementary side stones makes the Graff Pink a true masterpiece.
• On November 16, 2010, the Graff Pink was sold at a Sotheby’s auction in Geneva, Switzerland. The pre-sale estimate for the diamond ranged from US $27 million to US $38 million. However, when the gavel fell, it achieved an astonishing price of US $46 million (£29 million).
•  The diamond dealer Laurence Graff, of Graff Diamonds, acquired it and fittingly named it the Graff Pink.

4. The Blue Moon of Josephine: $48.4 million

The Blue Moon of Josephine ring is a 12.03-carat blue diamond, described as flawless by experts. The diamond of the ring was discovered in South Africa in January 2014 and quickly gained attention for its exceptional color and clarity.

• In November 2015, the Blue Moon of Josephine ring was sold at a Sotheby’s auction in Geneva for a staggering $48.4 million (43.2 million Swiss francs plus fees).
• It was purchased by Hong Kong billionaire and convicted felon, Joseph Lau Luen-hung. Lau named it after his seven-year-old daughter, Josephine.
• When the diamond of the ring is kept under ultraviolet light, it exhibits red phosphorescence, adding to its mystique and allure.

3. The Oppenheimer Blue: $57.5 million (the 3rd most expensive ring in the world)

The Oppenheimer Blue ring is a 14.62-carat vivid blue diamond, cut into a rectangle (emerald cut). The diamond was named in honor of its previous owner, Sir Philip Oppenheimer, a connoisseur with a discerning eye for exceptional gems.

• Classified as a Vivid Blue, the Oppenheimer Blue ring is one of the rarest gems globally.
• On May 18, 2016, the Oppenheimer Blue shattered records when it sold at Christie’s in Geneva for an astonishing $57.5 million (CHF 56.8 million).

2. The Williamson Pink Star: $57.7 million (the 2nd most expensive ring in the world)

The Williamson Pink Star ring is a stunning 11.15-carat fancy vivid pink diamond. Most pink diamonds fall into the ranges of Faint Pink to Fancy Pink, but only a few achieve the coveted Fancy Vivid Pink color. For a Fancy Vivid Pink diamond to weigh over 10 carats, as the Williamson Pink Star does, is extremely rare. 

• The Williamson Pink Star ring’s color is truly exceptional. It attains the coveted Fancy Vivid color grade.
• The most famous ring is the Williamson Pink Diamond ring, which belonged to Her late Majesty Queen Elizabeth II.
• The Williamson Pink Star ring recently set an impressive auction record. On October 7, 2022, it was sold at Sotheby’s Hong Kong for a staggering $57.7 million. 

1. The Pink Star: $71.2 million (the most expensive ring in the world)

The Pink Star ring was mined by De Beers in 1999 in South Africa. The weight of the diamond is 132.5 carats in its rough form. It is the largest known diamond to be rated as Fancy Vivid Pink. Due to its exceptional rarity, the Beny Steinmetz Group (Steinmetz Diamonds) took a cautious 20 months to cut this remarkable gem. The Pink Star ring was unveiled in Monaco on May 29, 2003, during a public ceremony.

• After meticulous cutting and polishing, the Pink Star transformed into a flawless vivid pink diamond, type IIa, weighing 59.60 carats.
• In April 2017, Sotheby’s auctioned the Pink Star ring in Hong Kong, where it shattered every price record by selling for a staggering $71.2 million. 

This sale made it the single most expensive diamond or jewel ever sold at auction. The winning bid came from Hong Kong jeweler Chow Tai Fook, who named it the CTF Pink after the company’s initials and founder.

Why the most expensive rings are so Expensive?

The most expensive rings command such high prices due to a combination of several factors:

1. Rare Gemstones: These rings often feature exceptionally rare and valuable gemstones, such as fancy colored diamonds (like vivid blue, pink, or green diamonds) or rare colored sapphires.
2. Carat Weight: Larger gemstones are more valuable. Rings with substantial carat weights command higher prices.
3. Color and Clarity: Gemstones with vivid, intense colors (like deep blue or pink) are highly sought after. Additionally, flawless or internally flawless stones are more valuable due to their exceptional clarity.
4. Origin and Provenance: The gem’s origin and history play a significant role. Stones from renowned mines or with famous previous owners (like royalty or celebrities) can command premium prices.
5. Artisan Craftsmanship: The skill and artistry of the jeweler matter. Intricate designs, custom settings, and impeccable craftsmanship contribute to the overall value.
6. Auction Hype: High-profile auctions generate excitement and competition among collectors, leading to inflated prices. The Pink Promise and Bleu Royal diamonds, both sold at auction, exemplify this phenomenon.
7. Investment and Status: Some buyers view these rings as investments or status symbols. Owning a rare, expensive piece of jewelry can be a statement of wealth and taste.

Summary: list of most expensive ring in the world

Lets take a quick look at the most expensive ring in the world.

1. The Pink Star: $71.2 million
2. The Williamson Pink Star: $57.7 million
3. The Oppenheimer Blue: $57.5 million
4. The Blue Moon of Josephine: $48.4 million
5. Graff Pink: $46.16 million
6. Grace Kelly’s Engagement Ring: $44.3 million
7. Bleu Royal: $43.8 million
8. Eternal Pink: $34.8 million
9. The Pink Promise: $32 million
10. The Cullinan Dream: $25.3 million

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