GITNUX MARKETDATA REPORT 2024

Statistics About The Most Expensive Cut Of Diamond

The most expensive cut of diamond is the round brilliant cut, commanding higher prices due to its superior light performance and popularity among consumers.

In this post, we explore the world of high-end diamond cuts and the jaw-dropping prices they command in the market. From the record-breaking auction prices of iconic diamonds like the “Pink Star” and the “Hope Diamond” to the intricate details of cut quality impacting a diamond’s overall value, we delve into the fascinating realm of luxury diamonds coveted by collectors and enthusiasts worldwide.

Statistic 1

"The most expensive cut diamond ever sold was the "Pink Star" diamond, which fetched $71.2 million at auction in 2017."

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Statistic 2

"The "Hope Diamond", worth an estimated $350 million, is the most expensive diamond in the world, and it is a cushion cut stone."

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Statistic 3

"The "Oppenheimer Blue", a 14.62-carat emerald cut diamond, was sold for $57.6 million in 2016, making it the most expensive diamond per carat ever sold."

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Statistic 4

"In terms of diamond cuts, the Round Brilliant Cut is the most expensive, as it wastes the most raw material."

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Statistic 5

"Cut quality can contribute to as much as 50% of a diamond's value, making it the most substantial factor in its market price."

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Statistic 6

"The Blue Moon Diamond, a 12.03-carat cushion-cut stone, holds the price-per-carat record for a blue diamond, having sold in 2015 for $48.4 million."

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Statistic 7

"The oval cut, while not deemed the most expensive, has seen a substantial increase in price, nearly doubling between 2018 and 2021 due to its rising popularity."

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Statistic 8

"The Imperial State Crown of the United Kingdom is adorned with a 317.4-carat cushion cut diamond, known as the Cullinan II, valued over $400 million."

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Statistic 9

"Emerald cut diamonds, known to be cheaper due to less waste of raw material, can double or even triple in price depending on quality and clarity."

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Statistic 10

"A 50-carat heart-shaped diamond necklace sold for $10.9 million at Christie’s in 2018, highlighting the rarity and value of this unusual cut."

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Statistic 11

"The 24.18-carat Graff Pink, a fancy intense pink emerald cut diamond, was sold at auction for $46.2 million."

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Statistic 12

"The Pink Legacy, a 18.96-carat pink emerald cut diamond, sold for over $50 million at Christie’s in 2018."

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Statistic 13

"Princess cut diamonds, while popular, are typically less expensive than round cut diamonds due to less waste during cutting process."

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Statistic 14

"The 59.60-carat Pink Star diamond broke the world record for the highest price ever paid for any diamond or jewel at $71.2 million in 2017."

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Statistic 15

"The unique pear cut diamond of the Star of the Season was sold for $16.5 million in 1995, placing it in the top 20 most expensive diamonds ever sold."

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Statistic 16

"Cushion cut diamonds often cost around 25-50% less than round cut diamonds, despite their similar fire and brilliance."

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Statistic 17

"The 100-carat Graff Vendome, a heart-shaped diamond, is considered one of the most expensive diamonds in the world, valued at $50 million."

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In conclusion, the world of diamond cuts is a fascinating and intricate one, with various factors influencing the value of these precious stones. The statistics provided shed light on the astronomical prices that some diamonds have fetched at auction, highlighting the importance of cut quality in determining market value. From the record-breaking Pink Star to the iconic Hope Diamond and the unique cuts such as heart-shaped and oval, the diversity in diamond cuts and their price points emphasize the significance of cut style and craftsmanship in the diamond industry. It is clear that while certain cuts may be more costly due to wastage of raw material, others like the cushion cut can offer comparable fire and brilliance at a more affordable price point, showcasing the complexity of factors that contribute to the value of diamonds in the market.

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