Tiffany & Co.'s World Fair Necklaces

The necklace is the most expensive piece Tiffany's has on offer | Source: Tiffany & Co. via WWD/Southern Living

Tiffany & Co. Reveals Its Most Expensive Jewellery Piece To Date

Tiffany & Co. have offered a glimpse at its most expensive piece of jewellery in its 185-year history. Unveiled at a Tiffany event in Dubai over the weekend, the diamond at the centre of it all is the “The Empire Diamond”, an 80-carat, internally flawless, oval cut diamond.

Estimated to be worth upwards of A$28 million, The Empire Diamond is surrounded by 180-carats worth of diamonds in a design that reimagines the World’s Fair necklace of 1939.

While the World’s Fair necklace originally featured a 200-carat aquamarine stone, the reiteration of the necklace came about after Tiffany’s discovered an original sketch of the necklace with a diamond. It took the luxury jewellery house two years to craft the reimagined necklace featuring The Empire Diamond. The finished result incorporates a total of 578 diamonds.

The new necklace perfectly reflects our brand heritage as a New York luxury jeweller, whose founder was known as the ‘King of Diamonds’.

Victoria Reynods, chief gemologist at Tiffany & Co., told Tatler Asia

The buyer of this extraordinary piece will also be able to transform the necklace into a ring by unscrewing fasteners around the stone. According to WWD, whoever purchases the piece will have a lifetime service with Tiffany.

Despite being the most expensive piece of jewellery offered in Tiffany’s history, The Empire Diamond is technically the jeweller’s second-largest diamond, with The Tiffany Diamond taking the cake at an incredible 287-carats. However, while Tiffany’s largest fine jewel remains strictly not-for-sale, the reimagined World’s Fair necklace will be up for grabs. WWD reported that Tiffany hopes the buyer will agree to lend the piece for special brand exhibitions.

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