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Monday, December 6, 2021

Tiffany sells its most expensive piece of jewelry

Epoch Times Photos
Amanda Breen

Tiffany & Co. currently sells the most expensive piece of jewelry ever.

The ‘World’s Fair’ Necklace, unveiled in Dubai on Sunday, boasts magnificent 180 carat diamonds set in platinum.

A total of 578 diamonds include 353 rounds and 224 custom-cut baguettes. The centerpiece is an 80-carat impeccable D-color (premium and near-colorless) “Empire Diamond”, named after the Empire State Building in New York, where the seller was born. The Empire diamond was ethically mined in Bostwan, cut and polished in Israel, and then set in a jewelry workshop in New York.

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The center piece of the World’s Fair Necklace can also be turned into a ring; a Tiffany jeweler will be on call to set it to platinum whenever the owner desires.

Although the legendary jeweler has yet to reveal the price of the piece, industry experts estimate it to be between $ 20 million and $ 30 million.

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Tiffany said that the World’s Fair necklace design was inspired by the Tiffany necklace created for the 1939 World’s Fair held at Queens Flushing Meadow Crown Park. This piece uses 200 carat aquamarine and 429 diamonds.

The Empire Diamond may be the largest and most expensive Tiffany diamond ever put up for sale, but it is not the largest retailer’s diamond of all time: the name belongs to the famous 128.54-carat Tiffany Diamond, which the company says is is priceless and not for sale.

On the subject: Tourists Buying Less Luxurious Items Hurting Tiffany and Other Retailers

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