Most Expensive Necklace in the World

Fawaz Gruosi, the founder of de Grisogono, the Swiss luxury jeweler that has that created the unique necklace. The necklace features giant 163.41-carat colorless diamond — the world’s largest of its kind which goes up for sale Tuesday

Eighteen emerald-cut diamonds adorn one side of the necklace, while emeralds decorate the other. Its centerpiece is the colorless diamond: a D color, IIA type diamond — the rarest and most valuable kind.It took a team of 14 craftsmen working for over 1,700 hours to create the masterpiece.

The auction house estimates that the necklace will sell for more than $30 million, which could make it the most expensive necklace ever sold. Christie’s plans to sell the asymmetrical necklace, studded with emeralds and diamonds, at the Magnificent Jewels auction at the Four Seasons Hotel des Bergues in Geneva on Nov. 14.

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Rahul Kadakia, international head of jewelry at Christie’s said that the piece could easily surpass $30 million. “We’re hoping that it will go on to make its true value at the sale,” he said. The necklace is being sold as part of a partnership between Christie’s and de Grisogono called “The Art of de GRISOGONO.”

Source: Christie’s, CNBC, Economic Times

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