Is there anything more valuable than diamond

Most Valuable Diamond: The Most Expensive Jewels in the World

Archduke Joseph Diamond

On November 13, 2012, one of the world's most famous diamonds went under the hammer in Geneva - and broke all previous price records. For just under $ 21.5 million, the equivalent of around 16.5 million euros, an anonymous bidder has the 76.02 karat auctioned heavy "Archduke Joseph Diamonds". That was the highest price ever achieved in an auction for a colorless diamond per carat. The auction house Christie's had expected proceeds of $ 15 million.

The clear, flawless gemstone comes from the ancient Golkonda mines in the heart of India. It is named after the Archduke Joseph August of Austria. He had bequeathed it to his son Joseph Franz, who sold it on before the Second World War. The stone was last auctioned in 1993 in Geneva by Christie's for 6.5 million dollars.

A competition between two interested parties ultimately drove the price so high. The winning bidder wants to remain anonymous and will donate the diamond to a museum, said Alfredo Molina, CEO of the jeweler Black, Starr & Frost, after the auction. Molina had put the stone up for sale. "It's a great price for a stone of this quality," he said of the record result. The unique diamond is comparable to the "Mona Lisa".

Image: dpa