$3 million Magnificent 16 carats Diamond Ring

16.53 carats cushion shaped Graff Diamond embedded in Platinum Ring. Photo courtesy: Sothebys

5.87carat Natural Color Yellow Diamond Ring

5.87carat Natural Color Yellow Diamond Ring. Photo courtesy: Natural Color Diamond Association

World's Largest Fancy Vivid Pink Diamond

59.60 carats Largest Fancy Vivid Pink Diamond - The Steinmetz Pink.

Steinmetz Pink is the Largest Fancy Vivid Pink Diamond in the world. It weighs 59.60 carats and has been graded as Internally Flawless by GIA, which is an extremely rare and coveted clarity grade. The 100 carats rough, discovered in South Africa has been cut in a unique pattern, oval mixed cut with a step-cut crown and a brilliant cut pavilion.
The pink diamond is the world's most rare and valuable diamond. The cause of color in pink diamonds is thought to be plastic deformation, brought about by microscopic imperfections at the atomic level. It is estimated that for every million carats of rough diamonds found, only 1 carat is intense pink!

The Steinmetz Pink Diamond was first unveiled in Monaco in May, 2003. It took a team of eight people working approximately 20 months to cut the diamond in its present shape. Fifty models were worked on before the cutting even began. The one in itself gem was recently valued at 25 million dollars.

Actress Jenna Elfman wearing the Steinmetz Pink set in a pendant. Photo courtesy: AP/Wide World Photos

What do you think will be the best setting for this diamond? Tell me your comments & reactions below.

2.39 carats Fancy Vivid Blue Diamond Ring

Fancy Vivid Blue Diamond mounted in Platinum Ring. Photo courtesy: Sothebys

Pink Diamond Ring sold for $51 million!

24.78 carats Fancy Vivid Intense Pink Diamond Ring worth $51 million. Photo courtesy: Sothebys

24.78 carats Fancy Vivid Intense Pink Diamond VVS2 , Type IIa, potentially Flawless, round-cornered rectangular step-cut studded between shield-shaped white diamond shoulders in Platinum ring.   

This magnificent diamond was sold for an enormous and unimaginable $51 million dollars at Christies & was purchased by Laurence Graff.

First thing that comes into my mind 'Wow!'. What about you? Share with me your comments below.

Rare 5 carats Blue Diamond Ring sold for $7 Million

5.02 carats Blue Diamond with 5.02 carats Pear-shaped Diamond in Platinum Ring. Photo courtesy: Sothebys

Elizabeth Taylor Jewelry Collection

Elizabeth Taylor - legendary icon of all things Fashion!

18.30 carats Beautiful Solitaire Diamond Ring

18.30 carats beautiful Brilliant cut Diamond Ring. Photo courtesy: Sothebys

Pink Ribbon International, Breast Cancer Awareness

Breast Cancer Awareness Pink RIbbon Foundation

Pink Gold Skeleton Wristwatch Vacheron Constantin

Pink Gold Skeleton Wristwatch by Vacheron Constantin. Photo courtesy: Sothebys

The Taj Mahal Diamond of Elizabeth Taylor set to be auctioned

The Taj Mahal Diamond with Gold and Rubies chord designed by Cartier. Photo courtesy : Christie's

Diamond & Gold Swiss Wristwatch Chopard

Beautiful diamond studded Ladies wristwatch encased in yellow gold. Photo courtesy: Chopard