Rare 17-Carat Diamond Ring to Be Auctioned Off for Up to $1 Million

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A massive 17-carat diamond ring is considered to be one of the highest-quality stones on the market, and will soon be auctioned off for up to $1 million.

The massive diamond, set in platinum and encrusted with smaller baguette-cut jewels, is considered one of the highest-quality stones on the marketCharlotte Phillipp is a Weekend Writer-Reporter at PEOPLE. She has been working at PEOPLE since 2024, and was previously an entertainment reporter at The Messenger.A rarely-seen 17-carat diamond ring is going up for auction — and the winning bidder is expected to pay anywhere from $700,000 to $1 million.

Jewelry Expert Shares Top 5 Tips for Navigating Engagement Ring Prices – and Budgeting for Their Dream Ring Additionally, a letter from the GIA reported that the stone is a type IIa — “the most chemically pure type of diamond and often have exceptional optical transparency.” It scored a VVS2 clarity rating. VVS2 is the highest possible rating, and it means that a diamond has very minimal flaws.and features tapered baguette-cut diamonds and will be sold with a custom Harry Winston navy blue case, per Christie’s.

, a majority of the pieces come from two private collections: A Fashionable Life: The Collection of an Elegant Lady and Property from the Collection of Fritz and Lucy Jewett. “Additionally, the sale presents two charitable collections: Property Sold with the intent to Benefit the PBS Foundation and Property from the Collection ofThe many glamorous outfits from the three-day event included plenty of standout accessories, including the groom's reported luxury watch — a Richard Mille timepiece that the

 

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