The Wallace Chan and Chow Tai Fook necklace worth $200 million shook the world of jewelry and we decided to compile a list of the most expensive necklaces in the world.
Heritage in Bloom necklace
Undoubtedly, many jewelry records were broken when this fall, Chinese designer Wallace Chan presented the most expensive diamond necklace in the world worth $200 million.
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The necklace with diamonds weighing 383.4 carats and jadeite was named Heritage in Bloom. For its manufacture, 11,551 diamonds were needed. At the center of the composition is a magnificent diamond weighing 104 carats. Together with 23 other flawless and crystal clear diamonds it was cut from the Cullinan Heritage diamond, which before the cutting weighed 507.55 carats.
In 2010, the Chow Tai Fook Company purchased the diamond for $35 million. Of course, a master-cutter had to be found to match such an exceptional gemstone. It turned out to be Wallace Chan, the only jeweler from Asia who was given an honor to perform at the Biennale des Antiquaires in Paris. He was given the most difficult task: to embody the hidden splendor of “Cullinan’s heritage” in a new necklace.
With his creation, Wallace Chan displaced a necklace with the pretentious name “Incomparable” in the charts of the most expensive necklaces. It was developed by the Lebanese jewelry brand Mouawad in 2013. The value of Incomparable is $55 million, and it weighs 637 carats. At the center of the composition is a flawless yellow-brown diamond weighing 407.48 carats.
The stone is suspended from a gold vine-shaped thread, decorated with 91 colorless diamonds. Legends tell that the diamond for the central diamond (which, incidentally, is the largest stone without internal inclusions of all the stones that have been in the hands of specialists from the Gemological Institute of America GIA) was found by a girl from the Congo more than 30 years ago.
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Star of China Necklace
The third place belongs to the Star of China necklace set with a briolette-cut diamond weighing 75.36 carats. It was sold in 2013 at Christie’s Hong Kong auction for $11.1 million. To create the largest and most flawless “briolette” ever sold at auction, jeweler William Goldberg spent six months cutting the original 160.5-carat diamond. For contrast, the Star of China necklace is also set with a pink and purple marquise-cut diamond, while the chain is made of white gold and clear diamonds.
Necklace with a yellow diamond by Lev Leviev
On the fourth position is a necklace with a fancy yellow diamond weighing 77.12 carats. Israeli diamond magnate Lev Leviev personally found it in one of his mines. Faceted and suspended on a chain of gold and diamonds, the stone is now worth $10 million.
Superb Diamond Rivière Necklace
To complete our hit list an elegant, though somewhat massive necklace set with rounded, colorless diamonds weighing a total of 104.84 carats. The striking brilliance and captivating play of light of each of the 52 gemstones caused a sensation at Christie’s Hong Kong auction in November 2013. As a result, the necklace, named Superb Diamond Rivière, was sold for $8.14 million.