'Exceptional' 122.5 Carat Blue Diamond Unearthed
A rare 122.5 carat blue diamond, which could be the most valuable ever found, has been unearthed at Cullinan mine in South Africa. The mine is owned by a London-based company Petra Diamonds Limited. In the photo, CEO Johan Dippenaar holds the "exceptional" blue diamond recovered in June 2014. On June 13, 2014, Petra said in a statement that it is evaluating the diamond. The highest price on record paid for a rough diamond was about $35.3 million in February 2010 for a 507 carat white stone, also recovered from Cullinan, according to the Telegraph.
Christie's Auctions 'The Blue'
Christie's auctioned a 13.22 carat, pear-shaped blue diamond for $24 million in Geneva, Switzerland, on May 14, 2014. Called "The Blue," it is the largest flawless fancy vivid blue diamond to ever appear at auction. The previous record for a vivid blue diamond was the $15.7 million BVLGARI Blue, a two-stone fancy vivid blue triangular-cut diamond of 10.95 and 9.87 carats sold through Christie's New York in Oct. 2010. Swiss watchmaker Swatch, which bought Harry Winston last year, is renaming the diamond The Winston Blue. "When Christie’s announced they were offering the largest flawless fancy-vivid blue the [Gemological Institute of America] had ever graded, I had to buy it," Harry Winston CEO Nayla Hayek said in a statement.
100-Carat Yellow Diamond
A Sotheby's employee shows The Graff Vivid Yellow at 100.09 carats, one of the rarest yellow diamonds of its size, which was sold for about $16 million at auction in Geneva, Switzerland, May 13, 2014.
Martial Trezzini/Keystone/AP Photo
$55 Million Watch
Graff Diamonds unveils the $55 million "Hallucination" watch made of 110 carats of rare multi-colored diamonds. It was introduced at the 2014 Baselworld watch and jewelry fair and is for sale.
Babe Ruth Watch Auctioned
Babe Ruth's 1923 World Series Championship watch, for the Yankees' first championship win, sold for $717,000 on Feb. 22, 2013. As Ruth's cancer progressed, he asked his friend Charlie Schwefel if he wanted anything from his collection. The Manhattan hotelier asked for the watch. It remained in his possession for two years before his wife gave it to her nephew, Lewis Fern.
Babe Ruth's Watch Auctioned
Babe Ruth's 1923 World Series watch, given to all his New York Yankees teammates after they beat the crosstown rival New York Giants in six games, represented the first franchise World Series victory of 27 to date. Heritage Auctions said it sold three other watches awarded to other players, but "none can even begin to compare in importance to this one." He batted .368, with three homers.
Blue Diamond Found in South Africa
Mining company Petra Diamonds found a rare 29.6-carat blue diamond in South Africa in the Cullinan mine, near Pretoria, the nation's capital. In a statement, Jan. 21, 2014, Petra said it's a vivid blue with "extraordinary" tone and clarity."
Philip Mostert/Petra Diamonds/AP Photo
The Pink Star Diamond Sets Record for Auction at over $83 Million
Mined by De Beers in Africa in 1999 and cut and polished over a two-year period, The Pink Star 59.60-carat, oval-cut, internally flawless, Type IIa, fancy vivid pink diamond sold for $83,187,381 by Sotheby's on Nov. 13, 2013, setting a world auction record for any jewel or diamond. On the same day, Christie's set a record with an orange diamond that sold for $36 million.
'The Orange' Sells for $36 Million
"The Orange" a 14.82-carat pear-shaped, vivid orange diamond sold for $36 million in Geneva, Switzerland. When it sold on Nov. 13, 2013, it set a per-carat record for any colored diamond at auction and set a record for an orange diamond of its type, Christie's said.
Fabrice Coffrini/AFP/Getty Images
World's Largest White Diamond Up for Auction
A 118.28-carat white diamond sold in Hong Kong, Oct. 7, 2013, for about $30.6 million, or HK$238.68 million, the most paid for a white diamond. It is the biggest diamond ever sold at auction. The previous record price for a white diamond was $26.7 million. The largest D-color flawless type IIA diamond was mined in South Africa in 2011. Sotheby's didn't disclose the buyer and seller.
Vincent Yu/AP Photo
World's Largest Round-Cut Diamond for Sale
The world's largest round-cut diamond was set to fetch over $18.6 million when it went on Sotheby's auction block in Hong Kong on Oct. 7, as part of the Magnificent Jewels and Jadeite Autumn Sale 2013. But it remained unsold. The very rare 7.59-carat diamond, named Premier Blue, is internally flawless and is the largest round fancy vivid blue diamond graded by the Gemological Institute of America.
U.S. Marshals Service Auctions Jewelry, Gold
This image provided by Gaston & Sheehan Auctioneers shows a platinum Rolex watch with oyster and diamonds, one of the items auctioned off June 1, 2013, in Las Vegas. The auction features precious metals, gems and jewelry confiscated by U.S. Marshals during federal criminal cases. Bidding for the watch began at $93,500 and was estimated to be worth $165,000 to $180,000.
Gaston & Sheehan Auctioneers/AP
Largest D Color Flawless Diamond Ever Offered For Sale
A D color "flawless" diamond, the second largest to be offered for sale, weighs 101.73 carats. It sold for $26,737,913 at Christie's auction house in Geneva, Switzerland. The largest pear-shaped color flawless diamond, the highlight of the "Magnificent Jewels" auction on May 15, 2013. It was expected to reach $30 million and is called "Winston Legacy" diamond, said Christie's.
Salvatore Di Nolfi/Keystone/AP Photo
Pink Diamond Sells for $39.3 million
This rare pink diamond, nicknamed the Princie Diamond and discovered in a mine in India, sold for $39.3 million in New York City. The 34.65-carat diamond had the second-highest auction price ever for a jewel. An anonymous buyer won it from Christie's on April 16, 2013. It belonged once to Nizam of Hyderabad, an Indian prince, but the name comes from the son of Maharani Sita Devi, said the AP.
77 Carat Butterfly Brooch
The Smithsonian's National Museum of Natural History are displaying a 77 carat brooch starting March 6, 2013. The "Royal Butterfly Brooch" is made of 2,328 gems, including sapphires, diamonds, rubies and garnets. Officials say it's worth $680,000. Taiwanese jewelry artist Cindy Chao created it in 2009 and donated it, making it the first Taiwanese-designed item in the National Gem Collection.
Smithsonian's National Museum of Natural History/AP Photo
'Archduke Joseph' Diamond Sold for $21.5 Million
Christie's auctioned the "Archduke Joseph" diamond, which weighs 76.02 carats and was mined at the legendary Indian Golkonda mine, for $21.5 million to a phone bidder, a record for a colorless diamond at auction. It was expected to reach between $15 and 20 million in Geneva on Nov. 13, 2012. The diamond is about the size of a quail's egg and is named after the Archduke Joseph August of Austria.
$70 Million All-Diamond Ring
Shawish Jewelry of Switzerland has introduced a 150-carat ring it says was cut completely from a single diamond. The jeweler calls the dazzler the "world's first all-diamond ring." It is valued at about $70 million.
Watch With 1,292 Diamonds
Possibly one of the most expensive watches in the world, a $5 million watch set with 1,292 diamonds was on display at the Baselworld Fair in Basel, Switzerland on March 7, 2012. The latest creation of Swiss watchmaker Hublot is made of white gold and took 17 people 14 months to make, according to the AFP news agency.
Sebastien Bozon/AFP/Getty Images
Sun Drop Diamond Sold for $10.9 Million
This yellow gem, called the Sun-Drop Diamond, was up for auction at Sotheby's annual jewelry auction in Geneva, Nov. 15, 2011. It sold for $10.9 million, plus commission.
Fabrice Coffrini/AFP/Getty Images
Wizard of Oz Ruby Red Slippers to be auctioned
Judy Garland's infamous ruby red slippers worn in "The Wizard of Oz" will be auctioned for a whopping $2 million in December 2011 in Los Angeles as part of a Hollywood memorabilia sale. They are one of four pairs that were created for the famous 1939 film.
Jemal Countess/Getty Images
Emerald Ring Found in Wreckage
An emerald ring worth about $500,000 was discovered in the wreckage of a Spanish ship that went down in the Florida Keys in 1622, according to WPLG. It was found on June 23, 2011.
Courtesy of WPLG
The 2006 Victoria's Secret Hearts on Fire Diamond Fantasy Bra adorned with more than 2,000 flawless, round-cut diamonds set in white gold is valued at $6.5 million.