12 Most Expensive Rings In The World (2020 Updated)

Rings have become necessities today, especially if you are trying to distinguish yourself as a person of wealth and substance. From simple fashion accessories to serving as a symbol of love, rings have evolved to become essential parts of modern life, and like everything of value to modern life, they range from those that are cheap to the most expensive.

Rings are heavily dependent on precious stones, and the bigger and rarer the stone, the higher the price of the ring. We’ve taken a look at the costliest rings in the world, what makes them so expensive, and the lucky people who own them. Check it out below.

Most Expensive Rings In The World

1. Pink Star Diamond Ring – $83 Million

Most Expensive Rings

If there is any truth to the narrative that millennials are ruining the diamond market, it was not a memo that was received by the person who purchased this ring for a record price of $83 million which became the most expensive amount a person ever paid for a ring.

It comes with the pink star diamond, one of the most coveted diamonds in the world, a precious stone that was discovered in Africa in 1999 and had an original size of 132.6 carats. For two years, the Pink Star Diamond ring was cut, shaped, and polished into the beautiful piece of jewelry that it is today, going from 132 carats to 59.6 carats.

The ring was sold by Sotheby’s at Geneva, Switzerland, in 2013 for $73.99 million, rising to $83 million with commission fees. The Pink Star Diamond ring was initially expected to sell for $61 million but it proved to be a desirable piece of stone, resulting in a bidding war that eventually made it the most expensive ring in the world. Before the auction, it was anonymously owned and its current owner is also unknown.

2. Wittelsbach-Graff Diamond Ring – $80 Million

Most Expensive Rings

There are hundreds of things you could do with $80 million that would tell the world that you are a wealthy and successful person, one of those things does not include owning the Wittelsbach-Graff Diamond ring because you would need all of it to afford it.

The second most expensive ring in the world has a mind-blowing effect, both in its price and its look. The precious stone fueling the price of this ring is the Wittelsbach Diamond, which was discovered in India in the 1600s. Philip IV of Spain once owned the diamond before it became the property of the Wittelsbach family.

Before making its way into the hands of its current owner, a former emir of Qatar, Hamad bin Khalifa, it was sold to Laurence Graff, a London jeweler who crafted the diamond into a ring. The Wittelsbach-Graff Diamond ring weighs 31.06 carats and has a color described as ‘fancy deep blue.’ The Emir acquired the ring in 2011 for its record price.

3. Oppenheimer Blue Diamond Ring – $57.5 Million

Something rare happened in the gemstone and jewelry industry in 2016. It had one of the largest blue diamonds offered in an auction, and as one would expect, it fetched a record price, selling for $57.5 million.

At the time of sale, The Oppenheimer Blue was the largest fancy vivid blue diamond ever at a size of 14.62 carats, and it is housed in a ring made out of platinum with two trapeze-cut white diamonds.

The ring was named by Sir Philip Oppenheimer, a member of one of the world’s most powerful diamond families and owner of the De Beers Mining Company that discovered the indigo-colored diamond in a South African mine in the 90s.

4. The Graff Pink Diamond Ring – $46.2 Million

Laurence Graff is often referred to as ‘The King of Diamonds,’ and it is difficult not to see why when two of his jewelry makes the top five of most expensive amounts ever paid for a ring. The second to make this list is the Graff Pink diamond which fetched $46.2 million at a Sotheby’s auction in Hong Kong; that was in 2010.

The Graff Pink ring is a 24.78-carat fancy diamond owned by the London jeweler. At the time the diamond was sold, it was expected that it would go on to maintain its place as the most expensive ring in the world for a long time. The diamond is set into a platinum ring flanked by two shield-shaped white diamonds. Before it became the property of Laurence Graff, it was owned by Harry Winston, an American jeweler.

5. Cullinan Dream – $25.4 Million

At number five is the Cullinan Dream diamond which was sold for $25.4 million at an auction in Christie’s New York in June 2016. The diamond in the ring, the Cullinan Dream, is the largest fancy intense blue diamond to ever appear at an auction.

The diamond is set into a platinum ring with baguette-cut diamond side stones. Although the Cullinan Dream pales in price to the Oppenheimer Blue, it is nearly 10 carats larger. It was discovered from the Petra Cullinan Diamond Mine which has produced other notable diamonds like the De Beers Millennium Jewel 4 and the Blue Moon.

READ   10 Most Expensive Handbags In The World

6. The Winston Blue Diamond Ring – $23.8 Million

Most Expensive Rings

This ring is named after its diamond, the Winston Blue Diamond, a precious stone that was named by one of the most revered names in the gemstone business, Harry Winston.

The diamond which carries the higher value of this ring is a flawless, vivid blue diamond with a carat size of 13.22, the second-largest blue diamond in the world. It has the shape of a tear, and the ring itself is made out of the diamond. One thing is sure; you won’t find this ring in your walk-in jewelry store.

7. Perfect Pink Diamond Ring – $23.2 Million

Quality rings are some of the most expensive things in the world. It is a luxury reserved for the richest in society, as shown by the cost of this beautiful ring when it came up for auction at Christie’s. The perfect pink diamond ring sold for $23.2 million and considering the quality of the diamond, we understand why.

It has a 14.23-carat diamond, while the ring band is made out of platinum and rectangular-shaped gold, and a diamond that weighs 1.73 and 1.67 carats.

As far as quality colored diamond rings go, the Perfect Pink Diamond ring is not only one of the most expensive, but one of the most popular. Pink diamond rings are often used as engagement rings, and the Perfect Pink Diamond Ring is the most expensive of them all.

8. The Bulgari Blue Diamond Ring – $18.3 Million

Most Expensive Rings

The Bulgari Blue Diamond Ring was sold in December 2018 for $18.3 million at Christie’s New York Magnificent Jewels sale. The fancy blue diamond ring has two distinctive features – a perfect looking diamond and a ring band decked with smaller diamonds.

The Bulgari Blue Diamond is considered one of the most beautiful blue diamonds to ever hit the market, which is why it is no surprise that an anonymous buyer was willing to part with $18.3 million to own it. After all, who wouldn’t want to own a ring crafted by one of the most respected luxury brands in the world?

9. The Vivid Yellow Ring (Dream Diamond Ring) – $16.3 Million

Each of the most expensive rings in the world has something that makes them unique, a fact that helps them stand out in a sea of specially crafted rings. In the case of this ring, it is its size and its color that sets it apart.

The Vivid Yellow Ring stands out with the help of the Dream diamond, a precious stone capable of emitting and mirroring all colors. The ring was sold in a Sotheby’s Geneva auction and aside from the large dream diamond which is about 100-carat in size, it has a ring band made out of platinum and two white diamonds that flack the sides of the enormous centerpiece.

10. Chopard Blue Diamond Ring – $16.26 Million

Most Expensive Rings

Among some of the expensive rings in the world is the Chopard Blue Diamond Ring. The ring band is made out of platinum and covered in 18 carats of white gold and diamonds. The centerpiece itself, the Chopard Blue Diamond, is the work of Chopard Jewelers who cut the 9-carat oval-shaped diamond.

READ   The 20 Most Expensive Buildings In The World Right Now (2020 Updated)

This ring might pale in price compared to the number one ring on this list, but its $16.2 million price tag is a huge sum of money. The diamonds on the ring band that houses the centerpiece has a distinctive color that is made out of bright teal and light aquamarine. The identity of the current owner of this ring is not known.

11. Mariah Carey’s Emerald Cut Diamond Ring – $10 Million

Most Expensive Rings

Following the top ten most expensive rings in the world is this diamond ring. The 35 carats emerald cut diamond was given to Mariah Carey by an Australian billionaire named James Packer as an engagement ring.

The diamond ring has two delicate tapered baguette diamonds, and the band is made out of pure platinum, both of which are married into a single focus design. Although the engagement was called off, the splendor of this ring remains.

See Also: 10 Most Expensive Cell Phones In 2019 and How Much They Cost

12. Krupp Diamond Engagement Ring – $8.8 Million

Rounding up our top twelve priciest rings in the world is the Krupp Diamond ring valued at $8.8 million. Before Mariah Carey’s engagement ring, it held the title of the most expensive celebrity engagement ring.

The ring has a huge diamond centerpiece, a 33-carat Asscher cut Krupp diamond and it is set on a ring with a platinum band. This ring belonged to Elizabeth Taylor, it was given to her by her ex-husband, Richard Burton.

Adeola Seun
Adeola Seun
Seun is a CCNA certified graduate of FUTA. He has been writing on various subjects that include finance, economics, celebrity net worth, lifestyle, biographies and politics for over 7 years, Other than writing, he enjoys movies, video games, and sports

Recommended

Facts About Mike Busey, His Net Worth and Snapchat Membership Information

For many, Mike Busey represents the best thing about the modern world. The dream of the liberal movement to create a world where everyone...

A Look At Richard Branson Net Worth, Life Breakthroughs and The Truth About His Family

Richard Branson is an English business tycoon. His wealth stems from his ownership of Virgin Group, a multinational conglomerate controlling over 400 companies. Sir Richard Branson...

What Is Taylor Russell’s Age, Who are Her Parents and Is She Dating Anyone?

One quick look at Taylor Russell would have you mistake her for popular singer, Rihanna. However, that facial resemblance is where the similarities between...

A Detailed Look at Michael Thomas’ NFL Career, Injury Stats and Rumored Relationship With Bailey Davis

Michael Thomas has become one of the elite wide receivers in the National Football League; this has been made evident by the fact that...

Natacha Karam: 5 Interesting Facts You Need To Know About The Film Actress

A fast-rising British actress, Natacha Karam, has been making the rounds following her breakout role in the American military drama series; The Brave. There...

Unique Facts About Nadia Björlin and Her Husband Grant Turnbull

Nadia Björlin is an American superstar who is known for her appearances in many television series over the years. Hailed as a multifaceted performer,...

Meet Laura Louie, Woody Harrelson’s Wife Who Saved Their Marriage

While there are many reasons to marry a famous person, the invasion of your personal life is not one of them. But, this is...

Inside Patricia Azarcoya Schneider’s Life As Rob Schneider’s Third Wife

Patricia Azarcoya Schneider is a TV producer and actress in America who initially gained some level of fame while working and producing Mexican Television...

The Highs of Taysom Hill’s Career, Net Worth And Facts About His Wife Emily Nixon

When life gives you lemons, then you should make lemonades out of it. One person who appears to be doing exactly that is Taysom...

Interesting Details About Terrence Howard’s Net Worth, Spouse and Insight Into His Gay Rumors

Hollywood hunk, Terrence Howard has one of those faces that leaves a mark on the memories of fans. He is an American actor and...

Cole Beasley Biography – How Tall is He and Who is The Wife Krystin Beasley?

Cole Beasley is one American wide receiver with a knack for finding the soft spot in zone coverage and can as a matter of...

Inside Andrew Luck’s Post-Retirement Net Worth and Marriage to Nicole Pechanec

Marshawn Lynch's net worth is currently $40 million. He was enjoying a successful career before he was forced to retire due to injuries. Andrew...

Featured Today

What Is Wrong With Barron Trump, Is He Really Autistic? Where Is He Now?

Autism is prevalent and can affect people of all ethnic, racial and socioeconomic groups. The disorder, which limits a person's ability to relate and...

Why Did Dave Grohl Get Divorced From His First Wife Jennifer Youngblood?

It was once said that hard work would beat talent when talent fails to work hard. Such motivational quotes go a long way to...

Who Is CNN Dana Bash, What Is Her Salary & Why Did She Divorce John King?

The award-winning Dana Bash is an amazing American journalist, television anchor, and chief political correspondent for CNN. Best known for her unparallel contributions since...

Shimon Prokupecz’ Career Until CNN and Fun Facts About His Sexuality

Shimon Prokupecz may be one of CNN’s most promising Justice Reporters today, but he did not start that way. The American journalist, like many...

Pokémon Card Value and Price Guide: How Much Money Are Your Cards Worth Now?

In recent years, interest in the Pokémon Trading Card Game (PTCG) has grown immensely as multiple cards have been sold for jaw-dropping prices at...

Related Stories