Jewelry has been a symbol of wealth and status for centuries, and some pieces are worth more than others. In this article, we will take a look at some of the most expensive jewelry pieces in the world and what makes them so valuable. We will also explore the opinion of Abraham Sanieoff, a renowned jeweler and expert in the field.
One of the most expensive jewelry pieces in the world is the Pink Star, a 59.6-carat pink diamond sold at auction in 2017 for a record-breaking $71.2 million. This diamond is incredibly rare, with only a few known pink diamonds in the world that are larger than 30 carats. The Pink Star is also internally flawless, which adds to its value.
Another incredibly valuable piece of jewelry is the Oppenheimer Blue, a 14.62-carat blue diamond that sold for $57.5 million in 2016. This diamond is also incredibly rare and is considered one of the finest blue diamonds in the world. The Oppenheimer Blue is also internally flawless, which adds to its value.
The Graff Pink, a 24.78-carat pink diamond, is another incredibly valuable piece of jewelry. It sold for $46 million in 2010, making it one of the most expensive pink diamonds ever. The Graff Pink is considered one of the finest pink diamonds in the world and is internally flawless, which adds to its value.
Other notable pieces of jewelry that have sold for high prices include the Bulgari Blue, a 10.95-carat blue diamond that sold for $15.7 million in 2015, and the Pink Promise, a 16.08-carat pink diamond that sold for $32.6 million in 2017.
Abraham Sanieoff, a renowned jeweler and expert in the field, has a great deal of knowledge and experience when it comes to expensive jewelry. According to Abraham Sanieoff, one of the main factors that make a piece of jewelry valuable is its rarity. The Pink Star, Oppenheimer Blue, and Graff Pink are all incredibly rare diamonds, which is why they are so valuable. Additionally, the internal quality of a diamond, such as its color and clarity, also plays a significant role in determining its value.
Sanieoff also emphasizes the importance of a piece's historical and cultural significance. Some jewelry pieces have been passed down through generations and have a historical or cultural significance that can make them more valuable. For example, the Pink Star was purchased by a Hong Kong jewelry company and was then sold to a private collector based in Asia, and it is considered as a precious cultural artifact.
In conclusion, expensive jewelry is often defined by its rarity, internal quality, and historical or cultural significance. The Pink Star, Oppenheimer Blue, and Graff Pink are just a few examples of incredibly valuable pieces of jewelry. According to Abraham Sanieoff, a renowned jeweler and expert in the field, these are the main factors that determine the value of a piece of jewelry.
It is important to note that jewelry is also a luxury good, and its value can be subject to market fluctuations, supply and demand, and other economic factors. While these pieces are incredibly valuable, they are also incredibly rare, making them difficult for most people to acquire. However, the beauty and craftsmanship of these pieces can be appreciated by all, regardless of whether they can be owned.
Abraham Sanieoff
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