Top 15 Most Expensive Engagement Rings In The World

Top 15 most expensive engagement rings in the world

Engagement ring is a symbol of trust, love, and faith. An engagement ring says a lot about someone because it signifies one’s position in society and wealth. Engagement rings are the first step towards marriage and are what binds you to the person you love before vows and weddings come into place.

So, it seems quite understandable as to why many are fascinated by those diamond rings and adore them. If you’re obsessed with engagement rings too then this article is going to be worth your time.

Let’s check out these 15 most expensive engagement rings in the world.

The list of top 15 most expensive engagement rings in the world

15. Paris Hilton Diamond Ring - $4.7 million

14. Beyonce’s Diamond Ring - $5 million

13. Anna Kournikova’s Pear Diamond Ring - $5.4 million

12. Kim Kardashian’s Ring - $8 million

11. Elizabeth Taylor Diamond Ring - $307,000

10. Bulgari Blue Diamond Ring - $9.5 million

9. Mariah Carey’s Ring - $10 million

8. Dream Diamond Ring - $16.3 million

7. 101 Diamond - 26.7 million

6. Chopard’s Blue Diamond Ring - $16.26 million

5. Sweet Josephine Pink Diamond Ring - $28.5 million

4. Orange Diamond Ring - $35.4 million

3. The Cullinan Dream - $25.4 million

2. Graff Pink Ring - $46.16 million.

1. Pink Star Diamond Ring - $83 million

What are the most expensive engagement rings in the world?

15. Paris Hilton Diamond Ring

Photo: Brides

Hilton made headlines again when she announced her engagement to actor Chris Zylka in 2018. He proposed to the socialite on a mountaintop in Aspen and gifted her a jaw-dropping pear-shaped engagement ring. The 20-carat stunner (which reportedly cost Zylka $2 million) featured a pear-cut center stone surrounded by a halo of diamonds and set on a double diamond pavé band.

Hilton, however, only wore the engagement ring for 10 months, as she split from the actor in November 2018. "The relationship moved very fast, and she realized it wasn’t right for her,” a source told People after news of the ended engagement broke.

Per TMZ, it was Hilton who called off the engagement to Zylka that autumn and although California law required her to return the bauble, in 2018 she reportedly had no intention of giving it back.

14. Beyonce’s Diamond Ring

Photo: ringspo

Beyoncé’s engagement ring is a solitaire setting with an elegant platinum split-shank setting.

A split-shank setting features a band that parts as it reaches the center stone. Typically these designs will have a visible gap between the band and the center diamond or halo, providing an effect that makes the ring appear larger and more ornate. Many vintage-inspired engagement rings will feature split-shanks, harkening back to the elegance and class of Art Deco and old Hollywood.

Oftentimes a split-shank band will be pavé set with melee diamonds, as the partition provides more surface area to the smaller diamonds, which increases the amount of light reaching them and adding greater overall sparkle to the ring.

Nothing but platinum would suffice for Beyoncé, holder of six platinum selling albums to date. Platinum is the rarest of the metals commonly used to craft engagement rings. Its mix of beauty and durability is a perfect metaphor for marriage, and its strength greatly surpasses gold. With a center stone as large as Beyoncé’s the added security of platinum prongs is definitely the way to go.

13. Anna Kournikova’s Pear Diamond Ring

Photo: RockHer

It is no secret that celebrities are fond of diamond rings with unique cuts and designs. The diamonds in the celebrity rings can be as over sized as their larger than life personas, yet it can also be understated and subtle. For the hard-working individual, who spend their months of income on a diamond ring, these rings can be an aspiration. They have been in vogue since the times these celebrities have started to appear in public more openly than before.

Do you think you could rock the Argyle diamond ring, which pop singer Enrique Iglesias gifted to his long-time girlfriend Anna Kournikova? The ring features a pear-shaped pink diamond weighing 11 carats at the center, which is flanked by trillion-cut diamonds. The centerpiece diamond in Anna Kournikova’s ring comes from the Argyle mines in Western Australia, where the gemstones have a cognac and champagne color.

Anna wore the pink Argyle diamond ring during her professional tennis playing days for Russia back in the 2000’s, so one can only imagine how much it meant to her. Besides that, she also has a radiant-cut yellow diamond ring, which has been doing the rounds and getting people’s attention since her marriage with Enrique.

12. Kim Kardashian’s Ring

Photo: Page Six

Kanye West reportedly spent a cool $8 million to procure Kim Kardashian's first engagement ring in 2013. The eye-popping 15-carat cushion-cut diamond engagement ring doubled as a 33rd birthday present. Jewelry designer Lorraine Schwartz described the D flawless type 2A rock as the "perfect cushion-cut diamond." The stone is set in a pavé band so delicate it looks as though the diamond is floating on air. Kanye had also given Kim a second, upgraded engagement ring in 2016. The 20-carat emerald-cut design by the same jeweler was stolen during a robbery in Paris.

11. Elizabeth Taylor Diamond Ring

Photo: Getty Images

The Elizabeth Taylor Diamond, formerly known as the Krupp Diamond, is a 33.19-carat (6.638 g) diamond that was bought by Richard Burton for his wife, Elizabeth Taylor in 1968. The diamond was one of a number of significant pieces of jewellery owned by Taylor, her collection also included the 68 carat Taylor–Burton Diamond, which was bought by the couple in 1969. The diamond was sold by Taylor's estate in 2011 for $8.8 million.

The Elizabeth Taylor Diamond is an Asscher cut diamond with a fairly large culet facet, indicating it was likely cut before the 1920s, when culet facets were being phased out. A report (1132411262) dated 9 May 2011 from the Gemological Institute of America states that the diamond is D colour, VS1 clarity; accompanied by a diagram indicating that the clarity may be potentially internally flawless.

There is a supplemental letter from the Gemological Institute of America stating that the diamond has been determined to be a Type IIa diamond. Type IIa diamonds are the most chemically pure type of diamond, and often have exceptional optical transparency. Type IIa diamonds were first identified as originating from India, particularly from the Golconda region, but have since been recovered in all major diamond-producing regions of the world. Famous examples of Type IIa diamonds are the 530.20 carat Cullinan I and the 105.60 carat Koh-i-Noor. The supplemental letter from the GIA is accompanied by a monograph from the Gemological Institute of America which features additional photographs, data collection charts and gemological research which details the rarity of the Elizabeth Taylor Diamond.

10. Bulgari Blue Diamond Ring

Photo: Christie's

Once upon a time, this ring was considered the world’s most expensive engagement ring. It’s a 5.4-carat blue diamond ring worth $9.5 million that was earlier purchased by Graff diamonds at an auction in Bonham’s Fine Jewelry, London. Diamonds are rare but blue diamonds are rarer. Only 1% of the diamonds mined are blue which is why these types of rings are so expensive.

9. Mariah Carey’s Ring

Photo: Wedding Channel Africa

The legendary American singer late Mariah Carey’s ring is the most expensive ring among all celebrities to date and is also one of the world’s most expensive rings. It was the ring used to propose to her by James Packer and is a 35-carat diamond mounted on a gold band and is worth $10 million. She was so fond of the jewel that she wore it post-breakup for over a year. It was later sold for just $2 million by her business manager after Mariah’s engagement broke off.

8. Dream Diamond Ring

Photo: Graff

The diamond gets its name from the unique and rare fancy vivid yellow color of the stone, which in the rough state is said to have mesmerized the "King of Diamonds" Laurence Graff, when he saw the stone for the first time. The unusual hue and color of the stone was so enthralling, radiating orange and yellow colors reminiscent of the golden sun. The cut and polished diamond retained the original colors, fire and brilliance of the rough stone, and came to be known as the "Dream Diamond."

The diamond is a 100.09-carat, cushion-cut, fancy vivid yellow diamond, with exceptional clarity. The crown of the diamond is about 25mm (one inch) square.

Being a fancy vivid yellow diamond, the Graff vivid yellow is a rare Type Ib diamond, which constitute only about 0.1 % of all naturally occurring diamonds. It is Type I, because it contains nitrogen impurities that impart yellow color to the diamonds. It is Type Ib, because the nitrogen atoms are scattered as single atoms in the crystal structure of the diamond, which absorbs visible light in the blue region of the spectrum, imparting its complementary color yellow to the diamonds. The intense yellow color is associated with the distribution of nitrogen as single atoms. A certain amount of light seems to be absorbed in the green region of the spectrum as well. This accounts for the orange colors radiated by the diamond, as the complementary color of green is orange.

7. 101 Diamond

Photo: Reuters

The "Spectacle" (pictured) was cut from a 207.29-carat rough stone unearthed in 2016 at the Zarnitsa kimberlite pipe in the Sakha Republic (Yakutia) - Russia's first ever diamond mine.

The Diamonds of Alrosa factory, Moscow, spent a year and eight months preparing and cutting the stone. "The emerald shape was chosen as it presented the perfect geometry of the diamond," said Christie's in a statement.

"Emerald cut is incompatible with any imperfections, as it allows the observer to gaze endlessly into the clear, unobstructed depths of the gem."

This jewel is known for its flawless color grade, finish, and astounding clarity. It was sold at an auction in Christie’s Auction house in Geneva for $26.7 million and weighs over 101.73-carats.

6. Chopard’s Blue Diamond Ring

Photo: Planet SPA

Considered the most expensive ring in the world, the Chopard Blue Diamond is worth $16 million dollars. Flawless in every sense, the ring features a 9 carat oval shaped blue diamond, resting on a triangular shaped crust of diamonds, and set in an 18k gold band. The rarity of blue diamonds, makes this ring a gem.

Le Petit-Fils de L.-U. Chopard & Cie S.A., commonly known as Chopard, is a Swiss manufacturer and retailer of luxury watches, jewellery and accessories. Founded in 1860 by Louis-Ulysse Chopard in Sonvilier, Switzerland, Chopard has been owned by the Scheufele family of Germany since 1963.

Chopard is best known for making high-quality Swiss watches and jewellery, and its clients have included Tsar Nicholas II of Russia. The company is headquartered in Geneva and has a site in Fleurier, Canton of Neuchâtel, that manufactures watch movements.

5. Sweet Josephine Pink Diamond Ring

Photo: CNN

Some jewels are owned by royals; others are simply fit for a queen. Today’s ring, the Sweet Josephine Pink Diamond Ring, features one of the most valuable pink diamonds ever sold at auction.

The ring garnered major public attention when it was sold at Christie’s in Geneva. The auction notes for the piece describe it as follows: “Set with a cushion-shaped fancy vivid pink diamond, weighing approximately 16.08 carats, within a diamond twin surround, to the pink diamond gallery and diamond-set hoop, ring size 6, mounted in platinum and gold.” The ring was held in a private American collection from 2000 until its sale in 2015.

The pink diamond set in the ring is extremely rare; only two other similar diamonds have been publicly sold during the pasts 250 years.

Joseph Lau, a Hong Kong billionaire purchased this ring for $28.5 million and named it Sweet Josephine Pink Diamond after his 7-year-old daughter. It is one of the three fancy pink diamonds that are above 10-carats that have been sold to date.

4. Orange Diamond Ring

Photo: Rago Auctions

Pure orange diamonds, also named 'Fire diamonds' by famous gemologist Edwin Streeter in his book The Great Diamonds of the World (1882), are exceptionally rare in nature. So few have been graded in the world that the origin of their colour still bears a part of mystery. The present diamond is the the largest Fancy Vivid Orange diamond graded by the GIA Gemological Institute of America to date: 'In the Laboratory's experience, strongly coloured diamonds in the orange hue range rarely exceed three of four carats in size when polished. (This diamond) is almost four times larger than that size range. In GIA's coloured diamond grading system, as the colour appearance of strongly coloured diamonds transitions from orangy yellow to orange the occurrence becomes progressively more rare -that is- the less yellow present the more rarely they occur. These diamonds have been compared with the best sapphire from Sri Lanka as it is unusual for orange diamonds to reach such high levels of saturation.'

It is one of the most expensive colored diamonds to have ever been sold at an auction with a weight of 14.82 carats. This orange diamond ring was purchased for $35.4 million in November 2013.

3. The Cullinan Dream - $25.4 million

Photo: Christie's

Drawn from the Cullinan mine in South Africa, formerly known as the Premier mine, the diamond is the largest of four blue diamonds cut from the 122.52 carat rough unearthed in 2014. The mine made history in 1905 when a 3,106.75 carat rough produced the Cullinan I (also known as the Star of Africa), the largest polished white diamond in existence. The Cullinan I is now housed in the Tower of London as part of the Crown Jewels of England. In recent years the legendary mine remains newsworthy as the source for some of the most significant pink and blue diamonds to come to market.

The combination of the weight, colour and Type IIb properties together make the Cullinan Dream a truly exceptional and rare diamond. Most fancy intense blue diamonds weigh less than a single carat as the grade calls for very strong colour and full saturation. At a weight of 24.18 carats, it is remarkable for the stone to display such a pure and consistently strong blue colour throughout every facet.

The Cullinan Dream’s classification as Type IIb makes it an even more rare find. Type IIb diamonds lack a symmetrical crystal form and account for less than one-half of one per cent of all diamonds found in nature. Due to its asymmetrical structure and the potential value to be realized from each polished carat yielded, the Cullinan Dream rough was studied for months. Only the exceptional skill and experience of a master cutter could ensure that the finished diamond would be beautifully proportioned to reveal its high colour saturation and natural brilliance.

2. Graff Pink Ring

Photo: Graff

The Graff Pink is a rare 24.78 carat pink diamond, once owned by American celebrity jeweller Harry Winston. The diamond, mounted in a ring, was sold by Sotheby's auctioneers in Geneva, Switzerland on 16 November 2010. Before its sale, the stone was expected to enter the list of the top ten most expensive diamonds in the world; on selling for US $46 million (£29 million) it became the most expensive single jewel ever sold at auction at that time.

The gem is classified by the Gemological Institute of America as "fancy intense pink"—a high colour rating for pink diamonds—and has been assessed as Diamond type IIa, placing it in the top two per cent of the world's diamonds.

The early history of the diamond is not clear. It was sold in the 1950s by American celebrity jeweller Harry Winston to a private collector, who owned it up until 2010, when it was sold at auction. Despite its rarity, the diamond was unnamed for all this time. The diamond is emerald cut with rounded corners, and is mounted on a platinum ring with two flanking shield-shaped diamonds.

1. Pink Star Diamond Ring

Photo: AP

The Pink Star, formerly known as the Steinmetz Pink, is a diamond weighing 59.60 carat (11.92 g), rated in color as Fancy Vivid Pink by the Gemological Institute of America. The Pink Star was mined by De Beers in 1999 in South Africa, and weighed 132.5 carat in the rough. The Pink Star is the largest known diamond having been rated Vivid Pink. As a result of this exceptional rarity, the Beny Steinmetz Group called Steinmetz Diamonds took a cautious 20 months to cut the Pink. It was unveiled in Monaco on 29 May 2003 in a public ceremony.

The Pink Star was displayed (as the Steinmetz Pink) as part of the Smithsonian's "The Splendor of Diamonds" exhibit, alongside the De Beers Millennium Star, the world’s second largest (the Cullinan I The Star of Africa is the largest) top colour (D) internally and externally flawless pear-shaped diamond at 203.04 carat (40.608 g), the Heart of Eternity Diamond, a 27.64 carat (5.582 g) heart-cut blue diamond and the Moussaieff Red Diamond, the world's largest known Fancy Red diamond at 5.11 carat (1.022 ml).

The Pink Star was auctioned by Sotheby's Geneva on 13 November 2013. The sale price was CHF 68,000,000 (CHF 76,325,000, USD 83,187,381 including commission fees), a world record for any gemstone. The record had been held by the Graff Pink. The Pink Star was bought by New York diamond cutter Isaac Wolf who renamed it The Pink Dream. Although, according to Forbes magazine, the auction price was not settled by the buyer and the stone was again added to the Sotheby's inventory.

On 3 April 2017, the Pink Star was sold at an auction in Hong Kong for US$71.2 million to Chow Tai Fook Enterprises.

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