Tiffany & Co. has put the priciest piece of high jewelry it has ever created in its 184-year history up for sale. While the American jeweler did not give an exact figure, industry experts have estimated the necklace’s value at between $20 and $30 million.
Tiffany & Co. unveiled the piece, which they are calling The World's Fair Necklace, in Dubai on Sunday. The dazzling necklace features a stunning 180 carats of diamonds set in platinum. The centerpiece, called the Empire Diamond, for the iconic jeweler's hometown, features a flawless 80-carat oval of the highest grade, according to CNN.
The breathtaking 'Empire Diamond' is ethically sourced from Botswana, the retailer assured. The gem was then cut and polished in Israel and set in Tiffany's workshop in New York.
The stunning piece does come with one unique quirk.
Whoever purchases The World’s Fair Necklace is getting two pieces of jewelry in one. The necklace features the ability for the wearer to carefully pop out the Empire Diamond and mount it onto a platinum ring. Although it requires the aid of a Tiffany jeweler, the retailer has assured that they will be on call whenever the lucky owner desires the change.
Celebrities have for decades have admired Tiffany's diamond jewelry, from Audrey Hepburn to Beyoncé Knowles. Beyoncé made fashion history as the first Black woman to wear the iconic 'Tiffany Diamond'. The singer dawned the magnificent 128.54 carats, Tiffany Diamond, for the companies new About Love campaign earlier this year.
'The Tiffany Diamond', however, is not for sale. The retailer has said the diamond is priceless, and even those with the deepest pockets will not be able to purchase it.
The necklace is sure to shatter records, but it’s not quite the most expensive piece ever sold. That honor belongs to The Pink Star, an incredibly rare vividly pink diamond weighing 59.60 carats. The Pink Star diamond broke records when it sold at an auction in Hong Kong for a jaw-dropping $71.2 million in 2017.
The retailer revealed that The World’s Fair Necklace pays homage to a Tiffany necklace created for the 1939 World's Fair held in Queens, New York. That design was set with an aquamarine stone featuring 200-carats and more than 400 brilliantly cut diamonds.
Sources: CNN
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