Selling for 71 2 million it is now the most expensive ring in the world and the most valuable gemstone ever sold at auction.
Most expensive diamond ring.
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 was sold to chow tai fook and was renamed the ctf pink after the company s initials.
The diamond used in this ring is 24 78 carats of luxury and elegance.
For scale the previous record sale for a pink diamond was 45 6 million for the 24 8 carat graff pink in 2010.
The reasons are as follows.
Sixty three years ago this diamond ring was sold for 46 2 million dollars.
In the list of the most expensive diamond rings ever made the graff pink diamond ring comes on 3rd number.
Pink diamonds are extremely rare.
The 5 4 blue carat diamond ring was purchased by graff diamonds and once held the title of the worlds most expensive engagement ring.
In hong kong the graff pink diamond ring was sold at a sotheby s auction.
You might be wondering what exactly makes the pink star the most expensive diamond ring in the world.
From jackie kennedy s 40 42 carat diamond to kim kardashian s stolen ring take a.
Most expensive rings in the world 1.
The 59 60 carat pink diamond ring features the largest internally flawless fancy vivid diamond ever graded by the gia.