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Some necklaces are crafted to keep maladies and evil spirits at bay. Others are designed to portray a symbol of power and wealth.
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The World’s 11 Most Expensive Necklaces in 2024: From Marie Antoinette to A Heritage in bloom Archaeological artifacts reveal that humans have been using necklaces for thousands for years, in fact, even before prehistoric writing was started. Thus, for sure, necklaces have been an integral feature of human history. Some necklaces are crafted to keep maladies and evil spirits at bay. Others are designed to portray a symbol of power and wealth. A few are fashioned to signify a person’s high status in society and politics. Most often, people use a necklace to enhance their beauty and attraction and also as tokens of their affection and love.
Whatever the reason, necklaces have continued as a major jewelry attraction for numerous millennia. And there is no doubt that they will continue to do so long after we are gone. Alliedmarketresearch.com reveals that the global costume jewelry market was valued at $25.5 billion in 2015 and is predicted to grow at a compounded rate of 6.9% to top $40.6 billion by 2022. This industry growth is currently driven by increasing use of digital media for product marketing and improvements in online marketing practices. Key players in this sector include Avon Product Inc., Cartier, Louis Vuitton, and Giorgio Armani S.p.A. Mckinsey.com reports that the branded jewelry segment is booming and is expected to make up 30%-40% of the total jewelry market by 2020. Coming back to the significance of necklaces, most of these pieces remain anonymous and are handed down from generation to generation. However, there are a few valuable items that garner worldwide attention for their exquisite beauty, history, and monetary value. In this article, we provide you details about the top 11 most expensive necklaces in the world and what makes them stand out from the rest. #11 The “Marie Antoinette” Necklace – $3.7 Million
Named after the famous French queen Marie Antoinette, this necklace showcases her preference for a lavish and royal lifestyle. Designed by De Beers, this necklace features a 1.84 carat pink diamond vertically lined in the center as well as two yellow diamonds weighing 5.24 carats and 7.06 carats respectively. The three precious gems are accentuated by a sum of 181.1 carats in small diamonds set in platinum. The main diamond weighing 8.05 carats functions like an anchor and pulls down the chokers enhancing the overall style and shape of the necklace. #10 Christie’s Diamond Pendant – $4.8 Million This diamond pendant necklace by Christie’s was auctioned in 2001 for $4.8 million. It features an exquisite pear-shaped diamond that is attached to a smaller round diamond. This masterpiece’s look is completed by a simple chain crafted from white gold. The necklace emphasizes the huge size of the pear diamond which weighs an astounding 47.49 carats. This beautiful jewelry piece sure lends a very luxurious and rich look to the wearer. #9 The “Red Scarlet” – $5.1 Million This magnum opus is designed by the famous jewelsmith James Currens and it went for an amazing $5.1 million at a Christie’s auction in Hong Kong in November 2012. This magnificent item features 26 oval-shaped pigeon blood Burmese rubies with weights ranging from
1.27 to 5.38 carats. Each ruby is enhanced by a cluster of pear- shaped and white marquise diamonds. The diamonds and rubies are strategically placed to create a floral effect that makes the necklace resemble a lei of flowers. The precious gems are set in 18k white gold and precious platinum. James Currens created this masterful artwork for Hong Kong Jeweler Fai Dee. The pigeon’s blood rubies were sourced from Upper Burma’s Mogok Stone Tract, a region renowned for its high-class jewelry stones. #8 The “Mrs. Winston” – $5.8 Million The elegant Jessica Alba sported this beauty during the 2013 Golden Globes Awards ceremony. “Mrs Winston” is a cascading diamond necklace that hosts a total of 187.5 carats of high-quality white diamonds most of which are pears. These precious gems stream down from a diamond band into the middle of the item. Three large diamonds are placed at the bottom to add weight to the necklace and to highlight the tapered look of the jewelry piece. “Mrs. Winston” features a total of 207 diamonds and is a throwback to the cultured 1950s look. This classic v-line necklace elegantly complemented Jessica Alba’s attractive gown at the awards ceremony. The piece is worth a cool $5.8 million because all the diamonds are set in platinum and are of D, E, or F color quality, guaranteeing excellence.
#7 Etcetera’s Burmese Ruby Necklace – $6.4 Million The Etcetera Burmese Ruby necklace is rated as the most expensive ruby-based necklace in history as it was sold for a whopping $6.4 million at a Christie’s auction in Hong Kong in November 2013. This stunning piece resembles a lace collar and hosts a total of 87.78 carats made of oval and white pear diamonds as well as Burmese rubies. Each ruby is linked to a wave of diamonds and six pear-shaped diamonds hang from edge of the wave to create a drip effect.