TOP 10 Most Expensive Necklaces in the World

by Jasmine

Jewelry has always been a symbol of wealth, status, and artistic craftsmanship. Among all pieces, necklaces hold a special place as they can embody both elegance and extravagance. Some necklaces transcend mere adornment to become legendary treasures, often boasting rare gemstones, historical significance, and jaw-dropping price tags. Here are the top 10 most expensive necklaces in the world, highlighting their unique features, origins, and the stories behind their astronomical valuations.

Understanding What Makes a Necklace Expensive

The Role of Gemstones and Materials

The value of a necklace is influenced primarily by the quality and rarity of the materials used. Precious gemstones such as diamonds, emeralds, rubies, and sapphires can significantly increase a necklace’s worth. For instance, flawless diamonds with exceptional color and carat weight fetch premium prices at auctions.

Craftsmanship and Designer Prestige

Exceptional craftsmanship, especially by renowned jewelers like Cartier, Harry Winston, and Graff, can elevate the price. Handcrafted settings, intricate designs, and the use of advanced techniques add exclusivity.

Historical and Celebrity Provenance

Necklaces owned by royalty, celebrities, or with fascinating histories can see their value soar beyond the intrinsic worth of the materials. Provenance often plays a decisive role in the luxury jewelry market.

1. The L’Incomparable Diamond Necklace — $55 Million

Description and Key Features

The L’Incomparable Necklace is a masterpiece by Mouawad, featuring the largest internally flawless diamond in the world — a 407.48-carat yellow diamond called the Incomparable Diamond. This stunning centerpiece is surrounded by 91 smaller diamonds, all set in 18-karat gold.

Why It’s So Valuable

  • Exceptional Diamond: The Incomparable Diamond’s size and clarity are unparalleled.
  • Artisan Craftsmanship: The necklace took over 18 months to complete, showcasing meticulous design.
  • Record-Breaking Auction: It holds the record as the most expensive necklace ever sold by a jeweler.

2. The Collar of the Habsburg Sapphire — $35 Million

Description and Key Features

This historic necklace includes a giant 1,980-carat blue sapphire, flanked by smaller diamonds and sapphires. The necklace was originally part of the Habsburg royal family’s collection, symbolizing imperial power.

Historical Significance

  • Royal Provenance: Belonged to European royalty for centuries.
  • Massive Sapphire: The sapphire is one of the largest ever found.
  • Exquisite Design: The collar style reflects traditional European aristocratic jewelry.

3. The Marie Antoinette Diamond Necklace — $30 Million

Description and Key Features

Famous for its royal association, this necklace contains 28 diamonds, including a spectacular centerpiece known as the Regent Diamond weighing 140.64 carats.

Historical and Cultural Importance

  • Royal Ownership: Worn by Marie Antoinette, Queen of France.
  • Symbol of Extravagance: The necklace is a historical emblem of the French monarchy’s opulence.
  • Craftsmanship: Created in the 18th century by famed jewelers of the French court.

4. The Diamond Necklace by Graff — $33 Million

Description and Key Features

Graff Diamonds created this necklace featuring a collection of the world’s finest white diamonds totaling 100 carats. The necklace sparkles with perfect clarity and intense brilliance.

Why It Commands Such a Price

  • Exceptional Diamonds: Only the top-tier diamonds are used.
  • Design Excellence: Modern elegance paired with classic design.
  • Prestigious Brand: Graff is synonymous with exclusivity and quality.

5. The Heart of the Kingdom Necklace — $16 Million

Description and Key Features

Centering a rare 60-carat heart-shaped diamond, this necklace is a romantic masterpiece. Surrounding the centerpiece are numerous smaller diamonds, creating a dazzling aura.

Unique Features

  • Heart-Shaped Diamond: Extremely rare and difficult to cut.
  • Symbolism: Often seen as a symbol of love and commitment.
  • Celebrity Appeal: Frequently worn by celebrities at major events.

6. The Blue Moon of Josephine Necklace — $48.4 Million

Description and Key Features

Named after Josephine, the daughter of the owner, this necklace features the famous Blue Moon diamond—a 12.03-carat fancy vivid blue diamond—and is accented by smaller diamonds in a graceful setting.

What Makes It Special

  • Rare Blue Diamond: Blue diamonds are among the rarest in the world.
  • Flawless Clarity: Exceptional clarity and color intensity.
  • Personalized Design: Custom-made to enhance the diamond’s beauty.

7. The Hutton-Mdivani Necklace — $13 Million

Description and Key Features

This glamorous piece features a 24.78-carat emerald-cut diamond, with additional diamonds surrounding it in a platinum setting. It belonged to Barbara Hutton, a famous socialite and heiress.

Highlights

  • Celebrity Provenance: Owned by one of the wealthiest women in history.
  • Design: Timeless and elegant, perfect for red carpet events.
  • Rarity: The large emerald-cut diamond is particularly valuable.

8. The Winston Blue Necklace — $23.8 Million

Description and Key Features

Harry Winston designed this necklace around a 13.22-carat fancy vivid blue diamond called the Winston Blue, with smaller white diamonds adding brilliance.

Key Points

  • Blue Diamond: Vivid blue diamonds are among the most sought-after.
  • Harry Winston’s Signature: Known for exquisite luxury pieces.
  • Auction Price: Sold at a record price, setting benchmarks.

9. The Mouawad 1001 Nights Diamond Purse Necklace — $3.8 Million

Description and Key Features

While technically a purse-shaped necklace, this piece is encrusted with 4,517 diamonds, weighing a combined 381.92 carats, making it one of the most extravagant jewelry pieces ever.

Why It’s Remarkable

  • Unique Design: Combines a functional purse with high jewelry.
  • Diamond Quantity: The sheer number of diamonds is unprecedented.
  • Luxury Brand: Mouawad is famous for breaking records.

10. The Peacock Necklace by Cartier — $11 Million

Description and Key Features

Inspired by the beauty of a peacock, this necklace includes over 1,000 diamonds and a large 20-carat blue sapphire as the centerpiece. Its multicolored gemstones emulate the bird’s feathers.

Artistic Value

  • Design Masterpiece: Captures natural elegance with vibrant colors.
  • Cartier Heritage: Cartier is known for iconic, artistic jewelry.
  • Craftsmanship: The intricate setting requires exceptional skill.

What Makes These Necklaces So Valuable?

The Rarity of Gemstones

Many of the necklaces featured contain rare gems like flawless yellow diamonds, vivid blue diamonds, and gigantic sapphires that are rarely found on Earth.

The Skill and Time in Crafting

The creation of such necklaces can take months or even years, requiring skilled artisans to set each stone perfectly.

Historical and Celebrity Provenance

Pieces linked to famous figures or royal families hold not just material value but also cultural significance, driving prices sky-high.

Conclusion

The world of high jewelry combines artistry, history, and rarity to produce necklaces that are not just accessories but also investment pieces and symbols of luxury. The top 10 most expensive necklaces in the world listed here represent the pinnacle of craftsmanship and exclusivity, each with a story and gemstone that commands millions of dollars. Whether you admire them for their beauty or their status as treasured artifacts, these necklaces remind us of the timeless allure of fine jewelry.

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