Gemstones are very rare to find, which is what makes them valuable the world over. Their value further increases based on the 4C’s of the gem i.e. Cut, Clarity, Carat and Colour, which also helps in grading the gems. There are some gems, that stand out among others for their sheer beauty and history which makes them some of the most valuable and expensive gems in the world. Their origin and list of previous owners who could be kings, celebrities or world leaders is what makes them a collectors favourite.
These gems often owned by private collectors, can only be seen during exhibitions or in case they are sold during auctions. Sometimes the diamond or ruby cost also increases due to the overall jewellery setting, it is present in and the whole piece of jewellery would have much more value than the individual pieces of gems stones in it or the base metal.
The most expensive gemstones in the world are valued well over millions of dollars and could be with a collectors family for hundreds of years before it could be made public or sold in a distress sale, often privately if the family is facing a financial crisis. Some of the most expensive gemstones which recently came into the public forum are,
The Pink Star Diamond
It became the world’s most expensive gemstone recently when it sold at an auction for $71.2 million. The 59.60-carat pink diamond is also the largest flawless pink diamond ever graded. The diamond was sold by Sotheby’s in Hong Kong who had estimated it’s value at $60 million.
The Oppenheimer Blue diamond, which sold for $57.5 million at Christie’s in Geneva last May was the previous record holder for the most expensive gemstone.
The Pink Star Diamond is also now the record holder for the highest price item ever sold at an auction in Asia.
The Rockefeller Emerald
The 18.04 ct Rockefeller Emerald is the second most expensive stone in the history of gemstones for its highest percarat rate of $305,000 per carat in the Emerald category of gemstones. The gemstone sold for $5.5 million at an Christie’s auction in June.
Previously owned by Harry Winston, who was also it’s first owner, the emerald was named after John D. Rockefeller Jr., who purchased the emerald in 1930 for his wife, Abby. After her death, their son, David Rockefeller had the emerald set into a ring by designer Raymond Yard.
La Legende Diamond
Christie’s has also auctioned the 92 carat D-flawless La Legende diamond for $14.98 million in May for a price of $163,000 per carat.This diamond though world famous does not fall in the most expensive gemstones list as the record per-carat price for a D-flawless diamond is $283,000.
Blue Belle Of Asia
Sold for $17,305,996 by Christie’s at a private auction in Geneva, the Blue Belle of Asia is considered as one of the most expensive blue sapphires in the world. The 392.52-carat sapphire was discovered in 1926 at Ceylon and sold to the BritishLord Nuffield for his private collection.
The Sunrise Ruby
One of the most coveted and rare gemstone is the ruby, which is increasingly being used as an adornment for rings and other pieces of jewellery. A gem coveted by Royalty the world over, it is used to beautify and adorn their crowns, due to which its valuation is often higher than its intrinsic value. The most expensive gemstone sold in recent history is the Sunrise Ruby, a Burmese ruby weighting over 25.59 carats which fetched a price of USD 30 million at a recent auction.
While these are some of the world’s most expensive gemstones, one need not worry about owning one as there are gemstones available for all budgets and sizes. Nowadays it’s easy to know what does a diamond or ruby cost by looking up the same online. The writer of this article recommends Star Lanka if you are looking for some of the best rubies in the world.