New York luxury jeweler Tiffany has launched its most expensive item in its 184-year history – a diamond necklace valued at up to $30 million.
‘The World’s Fair Necklace’, which took a total of two years to create, features a dazzling display of 180 carats of diamonds set in platinum.
Its show-stopping centerpiece is an 80-carat oval D-color flawless ‘Empire Diamond’ – named after the Empire State Building – which was ethically sourced in Botswana, before being cut and polished in Israel and set in Tiffany’s workshop in New York City.
While the American jeweler has not revealed the exact figure, industry experts have estimated the necklace’s value at between $20 and $30 million, as reported WWD.
Tiffany New York Luxury Jewelers has unveiled its most expensive piece in its 184-year-old history, a $30,000 diamond necklace. The reimagined version is an updated sketch Tiffany’s created last year for the World’s Fair (1939).
The World’s Fair Necklace was originally created by the company for the World’s Fair of 1939.
The original, which featured 429 diamonds and sold at $28,000 at the time, was set with an aquamarine stone which totaled an impressive 200 carats.
In comparison, the new version boasts a staggering 578 diamonds – amongst them 353 round brilliant stones and 224 custom-cut baguette diamonds – while the 80-carat D color flawless diamond replaces the original’s aquamarine stone as the focal point of the necklace.
As part of Tiffany’s Blue Book, Tiffany’s mega diamond was unveiled in Dubai. It can be taken from the World’s Fair Necklace or mounted to a ring with the assistance of a Tiffany jeweler.
Promo image: Beyoncé previously shared an image from the ABOUT LOVE Tiffany & Co. campaign with her husband Jay-Z
Although it’s only slightly smaller than the 128.54-carat Tiffany Diamond, the brand called that ‘priceless’ so it’s not available for purchase.
Worn by only four women, the ‘Tiffany Diamond’ has only been displayed on a few special occasions – including by Beyoncé in the ABOUT LOVE Tiffany & Co. campaign where she stood beside husband Jay-Z.
A fitted, white gown with plunging neckline was worn by the musician as she posed alongside her long-term partner.
The famous 128-carat yellow gold diamond necklace, worn previously by Lady Gaga and Audrey Hepburn, was framed in it.
Beyoncé is just the fourth female – and the first black woman – to ever wear the gem.