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The Hope Diamond on display is truly one of the wonders of the world. The inherent intrigue the piece demands has unsurprisingly led to many legends and stories being invented with the Hope Diamond at their centers. But what is the truth behind the history and worth of this magnificent jewel? The team at GoldFellow has created this quick overview of the Hope Diamond's history to answer both of these questions and hopefully some others along the way. This is told through their owners' story and what its past and current worth are. As expert jewelry buyers in the industry and people interested in the truth behind the gem, our team is greatly interested in getting to the bottom of this age-old mystery.
Who Are the Previous and Current Owners of the Hope Diamond?
The Hope Diamond was originally owned by the man who discovered it in India, Jean-Baptiste Tavernier. From there, he presented it to the King of his native France for a substantial reward and a title of nobility. After that, the diamond remained in the French royal family for a few generations. They remained the Hope Diamond owners until 1792, when it mysteriously disappeared. This was until it reemerged in England in the early 19th century and gained its famous name.
At this point, the history of the Hope Diamond becomes more and more muddied, being passed from a king to a noblewoman and then popping up in Latin America and the United States. There are instances of it being sold then sold again, and it is rather difficult to track accurately until the 20th century. During its time of being passed between several different owners, a solution to the ever-disappearing diamond was struck: keep it in a museum. Since this decision, the piece has been housed at the Smithsonian, and people from all walks of life have been able to see the Hope Diamond on display for themselves.
What Is the Hope Diamond Worth?
The most recent tale in the history of the Hope Diamond has been that the Smithsonian has opened up the opportunity for jewelry buyers to become the owners of the jewel to raise funds for the museum. What is the asking price? While the Smithsonian has not released a final official amount that they would sell it for, it is currently valued at roughly two hundred and fifty million dollars! This price point is hard for many people to wrap their heads around, so to get a clearer picture of this estimated worth, it is important to analyze how many carats is the Hope Diamond composed of and why would the estimated price be so high.
The Hope Diamond is roughly 45.5 carats, and while this is an amazing piece with that information alone, it isn’t priced the way it is because that’s what's expected when people sell jewelry of similar quality. In truth, this jewel is priced the way it is because of how it has been uniquely present in much of human history. It is a stone that tells a story that no others can.
While you may not be the owner of the Hope Diamond, you may be the owner of some unwanted pieces and are considering the option of selling old jewelry. If so, be sure to turn to GoldFellow!
Sell Jewelry Online for the Best Price With Our Diamond Buyers
The team at GoldFellow has years of experience in the jewelry industry as diamond buyers. This has led to our professionals crafting one of the easiest-to-handle modes of operation! On top of this, the prices our team can offer when you try to sell your jewelry with our team can’t be beaten. Get in touch with our experts today or read some of our other articles to learn more directly from our industry professionals.
