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10 Most Expensive Diamond Rings in the World (And Their Stunning Alternatives)

By:  Tasha Brooks

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Most Expensive Diamond Rings

Remember when Beyoncé casually flashed that 24-carat diamond ring and the internet went wild? Or when the Pink Star sold for a staggering $71 million, leaving jaws on the floor at Sotheby’s? These moments don’t just make headlines; they fuel our fascination with high-value natural diamond jewelry. Be it a royal engagement, a red-carpet close-up or a record-breaking auction, there’s something undeniably captivating about the world’s most expensive diamond rings.

But here’s the twist. While the world’s most expensive natural diamond rings are out of reach for most, the look doesn’t have to be. With our top-rated lab-grown diamond rings and made-to-order craftsmanship, you can now wear pieces that channel the same sparkle, elegance and wow-factor without the eight-figure price tag. So, if you’re here to marvel at the most expensive rings ever created—and maybe find one you can actually own—you’re in exactly the right place.

1. Wittelsbach-Graff Diamond Ring

Wittelsbach Graff Diamond Ring

Price: $80 million | Carats: 31.06

Originally discovered in India’s famed Kollur Mine, the Wittelsbach-Graff Diamond dates back to the 17th century and boasts an aristocratic legacy, having graced the Austrian and Bavarian crown jewels. Its mesmerizing deep-blue hue and immense size are exceptionally rare, but what makes it even more controversial is its recut by Laurence Graff to enhance clarity, sparking debates in the gem world.

Get the Look for Less: 

Inspired by centuries-old grandeur, this vintage-style blue diamond ring evokes the same royal elegance, without the $80 million price tag.

Angara

Fancy Intense, VS | White Gold | 2 carats

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Aeon Vintage Inspired Oval Lab-Grown Fancy Intense...

2. The Pink Star Diamond Ring

The Pink Star Diamond Ring

Price: $71.2 million | Carats: 59.60

This record-breaking ring is home to the world’s most expensive gemstone ever sold at auction. The Pink Star stuns with its remarkably vivid pink hue and flawless clarity, a result of both nature’s rarity and expert craftsmanship. Its extraordinary carat weight only adds to the allure.

Get the Look for Less: 

Bright, bold and impossible to ignore. This vibrant pink ring sure knows how to garner everyone’s attention, every single time.

Angara

Fancy Intense, VS | Rose Gold | 1 3/4 carats

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Oval Lab-Grown Fancy Intense Pink Diamond...

3. The Williamson Pink Star Diamond Ring

Williamson Pink Star Diamond Ring

Price: $57.7 million | Carats: 11.15

Dubbed one of the purest pink diamonds ever unearthed, the Williamson Pink Star is celebrated for its rich saturation and precision-cut symmetry. Mined in Tanzania, this gem combines legacy and luxury, cementing its place in auction history.

Get the Look for Less: 

A classic three-stone design that feels both romantic and fresh. It’s the perfect way to wear a little piece of pink diamond history.

Angara

Fancy Intense, VS2 | Yellow Gold | 3 3/8 carats

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Fancy Intense Pink Emerald-Cut and White Trapezoid...

4. Oppenheimer Blue Diamond Ring

Oppenheimer Blue Diamond Ring

Price: $57.5 million | Carats: 14.62

Once belonging to the De Beers heir, this fancy vivid blue diamond is known for its remarkable depth of color and rectangular emerald cut. It set a record for the most expensive blue diamond ever sold at auction at the time.

Get the Look for Less: 

Strong, elegant and effortlessly cool, this blue three-stone ring captures the same timeless vibe that makes the Oppenheimer unforgettable.

Angara

Fancy Intense, VS | Yellow Gold | 3 3/8 carats

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Lab-Grown Fancy Intense Blue Emerald-Cut and White...

5. Blue Moon of Josephine Diamond Ring

Blue Moon of Josephine Diamond Ring

Price: $48.4 million | Carats: 12.03

This exquisite fancy vivid blue diamond was named by a Hong Kong-based billionaire after his daughter Josephine. Lau purchased it as a gift for her, shortly after buying another rare pink diamond also named in her honor. The gesture made headlines worldwide, turning the stone into a symbol of deep love.

Get the Look for Less: 

Cool, dreamy and kind of poetic—this solitaire brings that once-in-a-blue-moon magic to your everyday moments.

Angara

Best | White Gold | 1 carat

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Princess-Cut Enhanced Blue Diamond Solitaire...

6. Graff Pink Diamond Ring

Graff Pink Diamond Ring

Price: $46.16 million | Carats: 24.78

This rare 24.78-carat fancy intense pink diamond once belonged to a private collector and was hailed as “one of the greatest diamonds ever discovered” by Sotheby’s. Renowned jeweler Laurence Graff purchased and re-cut it to perfection, elevating its clarity and symmetry. Its vivid hue, emerald cut and flawless craftsmanship make it a benchmark in the world of colored diamonds.

Get the Look for Less: 

Powerful and pretty all at once. This octagonal pink cocktail ring blends striking design with delicate color, perfect for when you want to make a statement.

Angara

Fancy Intense, VS2 | Yellow Gold | 3 carats

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Octagonal Fancy Intense Pink Diamond Cocktail Ring

7. Grace Kelly’s Engagement Ring

Grace Kellys Engagement Ring

Price: $44.3 million | Carats: 10.48

Given by Prince Rainier III, this emerald-cut diamond ring symbolized the union of Hollywood and royalty. Its clean lines and understated brilliance made it one of the most iconic engagement rings of the 20th century.

Get the Look for Less: 

Sharp, refined and timeless—this one’s for the main character energy. Available in both natural and lab-grown diamond options.

Angara

F-G, VS | Yellow Gold | 3 3/8 carats

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Lab-Grown Emerald-Cut and Tapered Baguette Diamond...

8. Bleu Royal Diamond Ring

Bleu Royal Diamond Ring

Price: $43.8 million | Carats: 17.61

The Bleu Royal is the largest internally flawless fancy vivid blue diamond ever to appear at auction and the only one of its kind to be mounted as a ring. It remained in a private collection for nearly 50 years before dazzling collectors with its exceptional saturation, clarity and rarity.

Get the Look for Less: 

Paying tribute to the Bleu Royal, this pear-shaped stunner showcases the same flawless blue intensity that turns heads.

Angara

Fancy Intense, VS | White Gold | 5 carats

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Aurora Pear Lab-Grown Fancy Intense Blue Diamond...

9. Eternal Pink Diamond Ring

Eternal Pink Diamond Ring

Price: $34.8 million | Carats: 10.5

Mined in Botswana, this rare fancy vivid purplish-pink Type IIa diamond earned praise from the GIA for its intense saturation and flawless clarity, and it became the crown jewel of a sleek three-stone setting. Sold in 2023, it’s one of the most valuable pink diamonds ever auctioned.

Get the Look for Less: 

Radiant like the Eternal Pink, this emerald-cut beauty gleams with a perfect pink hue, surrounded by a halo that enhances its symmetry and sparkle.

Angara

Fancy Intense, VS2 | Rose Gold | 1 1/2 carats

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Prong-Set Emerald-Cut Fancy Intense Pink Diamond...

10. The Pink Promise Diamond Ring

The Pink Promise Diamond Ring

Price: $32 million | Carats: 14.93

Originally 16.21 carats, this Type IIa diamond was masterfully recut by jeweler Stephen Silver to enhance its color, transforming it into the fancy vivid pink masterpiece it is. Set in platinum with a delicate pavé halo, it became one of the most celebrated pink diamonds ever auctioned.

Get the Look for Less:

Equal parts romantic and radiant, this halo pink oval ring proves you don’t need a record-breaking bid to shine bright.

Angara

Fancy Intense, VS | White Gold | 2 1/5 carats

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Prong-Set Oval Lab-Grown Fancy Intense Pink...

Why Get the Same Expensive Diamond Ring Look for Less?

Sure, there are plenty of reasons why diamonds are so expensive—from rarity and demand to the way they’re marketed. But the truth is that it’s not just about carats or cost, it’s about how a jewelry piece makes you feel.  And at Angara, we believe fine jewelry shouldn’t be reserved for the few. Whether you prefer the timeless appeal of natural diamond rings for women or the innovative brilliance of lab-created diamond rings, everyone deserves the experience of owning fine jewelry that is expertly crafted, fairly priced and deeply personal. After all, that’s the kind of sparkle that never goes out of style.

Every Angara jewelry piece:

  • Made in-house with no middlemen, so you get 30% more value on your purchase.
  • Available in both natural and lab-grown diamonds, handcrafted to perfection.
  • Fully customizable—like having your own personal jeweler, minus the royal price.

Want a ring that feels like a million bucks but won’t cost it?

P.S. If you’re curious about budgeting and what factors influence costs, our diamond ring price guide is the perfect resource to help you navigate your options.

Frequently Asked Questions

1. Why is the Wittelsbach-Graff Diamond the most expensive?

Originating from India’s historic Kollur Mine in the 17th century, this diamond boasts a rich royal lineage, having been part of both Austrian and Bavarian crown jewels. Plus, natural deep blue diamonds of that size and clarity are exceptionally rare.

2. Why are pink and blue diamonds the most expensive?

Their natural occurrence is exceptionally rare, with their unique colors resulting from specific geological conditions. This scarcity, combined with high demand, commands premium prices in the market.

3. What affects a diamond’s price?

The primary factors are the “4Cs” (Carat, Color, Clarity, Cut), along with rarity, market demand, historical significance and certification. These elements collectively determine a diamond’s worth.

4. Are vintage diamond rings always more expensive?

Not necessarily; price depends on the diamond’s quality, size and historical significance, not just its age.

 

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