10 Extravagant Necklaces Worth Millions Of Dollars

December 2024 · 7 minute read

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A fancy piece of jewelry around the neck can add to a woman’s beauty, express her good taste and, if exquisite enough, her wealth. Necklaces aren't only and addition to your wardrobe, but can also speak volumes about who you are as a person and what your tastes are. The statement pieces below are certainly marks of distinction, being among the most extravagant ever created. They are the world’s ten most valuable necklaces and they aren't only extravagant, but they shine and sparkle with their high quality materials.

The value of these necklaces stems from their good quality, the rarity and weight of their stones, and their precious metals. However, jewelry lovers covet them because of their great beauty. Don't get too attached to the necklaces mentioned on this list. Unless, you have millions of dollars to shell out on these stunning pieces, look on in admiration because unfortunately they are most likely out of your price range.

10. The “Marie Antoinette” Necklace: $3.7 Million 

Named after France’s queen of luxury, De Beers’ famous vintage choker comprises 181.1 carats of diamonds. The stones are cut in various shapes and sized giving the necklace many different textures. Two yellow diamonds (7.06 and 5.24 carats, respectively) and a 1.84 carat pink diamond are set in a vertical line down the bib’s clustered middle. An enormous pear-shaped white diamond weighing 8.05 carats drops from the bottom and the the stones are all set in platinum.

9. Christie’s Diamond Pendant Necklace: $4.8 Million  

This striking diamond pendant necklace was the center of attention at Christie’s October, 2001 auction. Its eye-catching, pear-shaped diamond, which is balanced under a single round diamond, is one of the largest of its kind weighing in at 47.49 carats.

The stones hang from a simple white gold chain that accentuates the pendant’s singular enormity. Exuding classic elegance this pendant necklace can be worn day or night and undoubtedly matches every item in a person's wardrobe.

8. The “Red Scarlet” Necklace: $5.1 Million

  

In November, 2012 James W. Currens’ “Red Scarlet” necklace (designed for Faidee) was sold at Christie’s Magnificent Jewels auction for $5.1 million. The piece consists of twenty-six oval Burmese rubies of the highly coveted “Pigeon Blood” variety, ranging from 1.27 to 5.38 carats in weight. A cluster of white marquise and pear-shaped diamonds surrounds each ruby to make a floral design. Each stone is set in platinum and 18k gold.

7. The “Mrs. Winston” Necklace: $5.8 Million

Actress Jessica Alba wore Harry Winston’s luxurious diamond bib necklace at the 2013 Golden Globe Awards Ceremony. A total of 187.5 carats of flawless white diamonds, mostly pear-shaped, are arranged in loose rows that drip down from a diamond band and come to a tapered point. The three largest diamonds are at the bottom, where they balance the necklace’s weight and complete its lacy look. Winston’s masterpiece was the only accessory Jessica needed to embellish her effortless peach gown that completed the outfit and it definitely wowed everyone on the red carpet.

6. Etcetera’s Burmese Ruby Necklace: $6.4 Million

On November 26, 2013 a graduated Burmese ruby and white diamond necklace weighing 87.78 carats sold for $6.4 million dollars at Christie’s Hong Kong auction. That’s the most money ever spent for a ruby necklace at auction.

Designed by Etcetera, this stunning piece looks like a lace collar. Each ruby is connected to a scallop of oval diamonds and six pear-shaped diamonds drip like fringe from the outer edge.

5. Christie’s Circular Cut Diamond Necklace: $8.14 Million

In November 2013, Christie’s Magnificent Jewels auction in Hong Kong broke the record for Asian auction sales by raking in $111.3 million. One of the pieces that helped towards this high total was this classic 104.84 carat D flawless diamond necklace, which comprises of 52 stones in a graduated design. The clarity of each stone is top quality, hence the necklace’s intense sparkle.This stunning necklace is a classic piece with a timeless sophistication that recalls Old Hollywood glamour girls.

4.Leviev’s Fancy Vivid Yellow Diamond Pendant Necklace: $10 Million

Israeli diamond tycoon Lev Leviev is now offering this beautiful pendant necklace for a price of $10 million. The piece consists of a 77.12 carat fancy vivid yellow diamond on a string of white diamonds. Leviev, whose house produces and sells many colored diamond necklaces, earrings, rings, bracelets and brooches, recently found the pendant stone while he was digging in one of his mines. He has turned it into one of the largest asscher cut diamonds in the world. Miranda Kerr recently modeled Leviev’s necklace at a Pamella Roland fashion show wearing a jonquil gown.

3. The “Heart of the Kingdom” Necklace: $14 Million

Garrard and Company’s famous 40.63 heart-shaped Burmese ruby is the centerpiece of a broad band of 155 carats of round and pear-shaped white diamonds. Apart from the diamonds, the quality of the ruby is what makes the necklace so pricey. Burmese is almost never found in quantities weighing over a few carats; hence this one is first in its “kingdom.” Plus, Garrard and Company’s stone is a very deep pigeon blood red. Another aspect of this necklace that makes it a wealthy piece is that the “Heart of the Kingdom” necklace can also be worn as a tiara.

2. The “Heart of the Ocean” Necklace: $20 Million

In several scenes of the movie Titanic (1997) actress Kate Winslet wears a blue pendant called “The Heart of the Ocean,” a stone that supposedly once belonged to King Louis XVI before it was cut in the shape of a heart and given its modern name. The stone in the movie is modeled after the famous 45.52 carat, blue Hope Diamond, whose story is remarkably like the tale of Louis’ gem. Although an actual necklace of this kind was never on the historical Titanic, the film sparked the fancy of jewelry lovers world-wide.

Elite jewelers Asprey & Garrard came out with a 170 carat blue sapphire heart pendant on a string of sixty-five round diamonds, each weighing 30 carats, and dubbed it the “Heart of the Ocean” necklace. At the 1998 Oscar ceremony Celine Dion wore this masterpiece while she sang Titanic’s theme song “My Heart Will Go On.” Shortly after, Asprey & Garrard’s necklace was sold for $2.2 million dollars at a Sotheby’s benefit auction.

Harry Winston likewise created a “Heart of the Ocean” blue pendant necklace. His version features a fifteen carat center diamond, but Winston’s blue stone is rectangular. Surrounded by white diamonds, its value is $20 million. Actress Gloria Stuart, who played the elder Rose in Titanic, was honored to wear the necklace at the 1998 Academy Awards.

1. The “Incomparable” Diamond Necklace: $55 Million

Mouawad’s “Incomparable” Diamond Necklace has just been certified by Guinness World Records as the most expensive necklace ever created. It is valued at $55 million dollars and will be on display in Mouawad’s boutique in the Dubai mall before it goes up for sale in Singapore.

The “Incomparable” 407.48 carat, brownish-yellow diamond gives the necklace most of its worth. The trillion, or faceted-shield stone, is the largest internally flawless colored diamond in the world. Originally 890 carats, it was accidentally discovered in the Democratic Republic of Congo more than thirty years ago by a poverty-stricken girl, then made its way into several museums, including the Smithsonian (Washington, D.C.) before Mouawad cut and set it in its present state. The necklace has ninety-one white diamonds of various shapes set in rose gold, making its total weight 637 carats.

The “Incomparable” necklace takes the form of a vine, with asymmetrical lines that complement the pendant’s irregular, egg-like shape. The whole effect is extremely exotic and chic.

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