How much is the most expensive diamond in the world?

Formed at 500 km below the Earth’s crust, often over 3 billion years old diamonds are created when carbon is subjected to both huge pressure and heat. A purple-pink diamond of 15.81-carat has set a new record as the largest ever to be auctioned, selling for USD 29.3 million or Rs 213 crores in Hong Kong.

Which diamond is more expensive?

Red Diamonds are the rarest and thus the most expensive diamond color! They come only in a Fancy intensity and the color modifiers for them are purplish (purplish red diamonds) and brownish. Pure red diamonds almost don’t exist. The most known red diamond is the Mousaieff Red – a 5.11ct Pure Red diamond.

How much is all the diamonds in the world worth?

In 2019, for example, the sales value of rough diamonds amounted to some 13.9 billion U.S. dollars worldwide. After polishing, the value increased by nearly double to 26.7 billion U.S. dollars. In 2019, the global diamond jewelry market value was approximately 79 billion U.S. dollars.

In which country diamond is cheapest?

So, what is the cheapest country to buy diamonds? India is the cheapest followed up by China, Dubai, Thailand, and Belgium. They are the cheapest because most of the world’s diamonds are cut there. So you do not have to pay any markup due to shipping or retailer markup.

What is price of Kohinoor diamond?

Jun 24, · Name: Kohinoor (Koh-I-Noor) Diamond. AKA: Mountain of Light, the Diamond of Babur. Price Estimation: Over $1 billion.

Which is expensive gold or diamond?

Diamonds are more expensive than gold, even though they are far less rare than gold. In order to mine enough gold to make an impact on the market, the concentration of gold deposits within the earth’s crust would have to increase by 1,250.

What is the best diamond in the world?

The Best Diamonds in the World Diamonds are without question one of the world’s most precious finds, but even in the world of diamonds there are simply some that are cut above the rest. At the same time, the Russian rough diamond is considered to be the best diamond in terms of quality, structure, and material.

What is the most expensive diamond ever found?

Cullinan. The 3106.75 carat diamond is not just one of the most expensive diamonds in the World, but also the largest gem-quality rough diamond ever found on this Planet. It’s was mined in 1905 in the Premier Mine in South Africa. The diamond is called Cullinan, according to the owner of the mine Sir Thomas Cullinan.

Who owns the most expensive diamond?

The most expensive diamond in the world is owned by Queen Elizabeth! It’s part of the British Royal Jewel Collection and it’s the most valuable diamond ever unearthed. The rare diamonds on this list are all of exceptional size, clarity and color…these are not the average stones you’ll find around a rapper’s neck!

Is this the most expensive diamond in the world?

This month, the ‘Blue Moon’ diamond sold for a whopping $48.4 million, making it the world’s most expensive diamond. Auctioneer David Bennett called it the “highest price per carat” ever obtained for any kind of stone.