How Much is the Hope Diamond Worth Today? (History Included) (2024)

The Hope diamond is the largest blue diamond in the world that is a part of the Smithsonian National Museum of Natural History collection. Harry Winston gifted it to this prestigious institution in Washington DC in 1958. The Hope diamond’s history & worth is the subject of much controversy and speculation.

This deep blue gem is well-known for its incredible beauty and the curse following its owners throughout its exciting and mysterious history. The first owner was unknown, but it was a part of court jewelry and property of King Louis XIV of France, George IV of England, and Turkish Sultan Abdul Hamid II.

The Hope Diamond

The Hope diamond is the rare and largest natural blue diamond in the world ever discovered, weighted 112 3/16 carats initially. After being cut, this dark greyish-blue diamond of 45.52 carats was classified as a Type IIb diamond with VS1 clarity. In other words, it is almost perfect.

Hope diamond features

ColorDark greyish-blue
ShapeAntique cushion
Carat45.52
Weight9.104 grams
TypeIIb diamond
ClarityVS1 with whitish graining
Dimensions1 by 7/8 by 15/32 inches (25.6 × 21.78 × 12 mm)

A diamond’s strongly-colored luminescence type is unique and unusually intense. After exposure to UV light, it produces a brilliant red phosphorescence that stays unchanged even after switching off the light source.

It is famous for its unique cushion antique brilliant cut, and one faceted girdle. The diamond’s current name comes from the family who owned this gem from 1824, but it is known for a few other names, like:

  • The King’s Jewel (Le Bijou Du Roi)
  • The Blue of France (Le Bleu de France)
  • Tavernier Blue

The Hope diamond has a bad reputation as a cursed gem since many owners had a troubled life and even tragic end. The beautiful diamond Heart of the Ocean you can see in the Titanic movie is not an existing gem. However, it is based on the famous Hope diamond.

Hope Diamond History

How Much is the Hope Diamond Worth Today? (History Included) (1)

Indian period

The legend says this diamond is cursed, and many people shy away from it. On the other hand, others enjoy its beauty and don’t care about rumors.

The triangular 112 3/16-carat, beautifully violet Hope diamond was found at an Indian mine. Even though some believe it was the Kollur mine in Golconda, no one can confirm that, and the exact location stayed uncertain.

The diamond’s official history started once Jean-Baptiste Tavernier, a traveling French merchant, bought it in the diamond market in Golconda and brought it to Europe.

French period

In 1669, Jean-Baptiste Tavernier sold the diamond to King Louis XIV with 1,000 other gems. He ordered the court jeweler to cut the gem and reduce it to 67.125 carats in 1678. Its official name became Violet de France (Blue Diamond of the Crown of France, French Blue).

Jeweler Sieur Pitau spent two years perfecting the diamond and set it in a gold cravat pin. Still, King Louis XV ordered court jeweler Andre Jacquemin to reset it again and transform it to a pendant for the Toison D’Or (Royal Order of the Golden Fleece) in 1749.

After French Revolution, the Crown jewels of France were stolen, including the famous diamond, in September 1792. After another re-cutting, the stone came to England, where its trace was lost until 1812.

The Hope diamond owners

OwnerYear
Jean-Baptiste Tavernier1653
Louis XIV of France1668
Louis XV of France1715
Louis XVI of France and Marie Antoinette1775
Government of France1791
George IV of the United Kingdom1805
London jeweler Daniel Eliason1812
Henry Thomas Hope1830
Henry Philip Hope1839
6th Duke of Newcastle Henry Pelham-Clinton1861
Lord Francis Hope1884
London jewel merchant Adolph Weil1901
Simon Frankel1901
Selim Habib1908
Sultan Abdul Hamid1908
Simon Rosenau1909
Pierre Cartier1910
Evalyn Walsh McLean1911
Harry Winston1947
Smithsonian Museum1958

British period

The merchant Daniel Eliason had the diamond cut in 1824 and sold it to London banker Thomas Hope. After his death, his younger brother Henry Philip Hope inherited the gem. That was a period when the stone got its new name that has stayed until today.

The new heir became Henry Thomas Hope after Henry Philip died in 1839. He let the diamond be exhibited at the Great Exhibition in London in 1851 and then the Exposition Universelle in Paris in 1855.

His adopted daughter Henrietta gave the diamond to his grandson, Henry Francis Hope Pelham-Clinton, in 1887. After the family bankruptcy in 1897, he resold the gem to London jeweler Adolph Weil in 1902 for £29,000.

American period

It is known that American broker Simon Frankel bought the Hope diamond for $250,000. He brought the stone to New York, where its value was evaluated to only $141,032. After being in the hand of one sultan, Pierre Cartier became an owner in 1910.

After long and detailed negotiations, he sold the gem to Evalyn Walsh McLean for $300,000 in 1911. Financially speaking, this diamond wasn’t a positive transaction for Cartier because he took a loss after legal fees. However, that trade paid off in the long run and ranked Cartier among the top respected goldsmiths.

After Evalyn’s tragic life and final death in 1947, her entire jewelry collection, including the famous gem, passed to Harry Winston, a New York diamond merchant, in 1949. He exhibited it during the ten years, including the Court of Jewels tour.

It is unclear whether the legend of the cursed diamond affected his decision, but Harry donated the Hope to the Smithsonian Institute on November 10, 1958. Interestingly, he wrapped it in the package and sent it to the Smithsonian by post.

With up to seven million annual admirers, the Hope diamond is the museum’s premier attraction and the second most visited art item worldwide, right after the Mona Lisa.

Brief Hope Diamond History

How Much is the Hope Diamond Worth Today? (History Included) (2)

1668 – Tavernier reported the possession of the Tavernier Blue diamond weighing 112 carats, but its origin stayed unknown. He sold it to King Louis XIV of France.

1673 – At the king’s request, Sieur Pitau cut the diamond to 67.125 carats. Since then, it became famous as French Blue and Blue Diamond of the Crown.

1749 – King Louis XV ordered Andre Jacquemin to re-cut the diamond once again.

1792 – The jewel was stolen during the French revolution.

1812 – John Françillion reported the existence of 45 carats blue diamond in London.

1822 – The diamond appeared in the King George IV of England portrait.

1839 – A large blue diamond appeared in Henry Philip Hope’s gem catalog under the new name, the Hope diamond.

1902 – After family bankruptcy in 1897, Henry Francis Hope Pelham-Clinton sold the gem for $250,000.

1908 – The Hope Diamond came to Turkey. Turkish Sultan Abdul Hamid II bought it for $400,000.

1911 – Pierre Cartier re-settled the gem and sold it to Evalyn Walsh McLean for $300,000.

1921 – May Yohe publishes a book, The Mystery of the Hope Diamond, describing the diamond’s dark past.

1949 – Harry Winston, a New York jeweler, bought the Evalyn Walsh McLean’s estate jewelry, including the Hope diamond, and sent the collection on a goodwill tour of the US.

1958 – Harry Winston donated the famous diamond to the Smithsonian Institution.

1962 – 1996 – The gem left the Smithsonian Institution four times. It was a part of the Louvre exhibition in 1962 and the Rand Easter Show in South Africa in 1965. In 1984, it was sent to Harry Winston Inc. to honor its 50th-anniversary celebration and for cleaning and restoration in 1996.

1998 – The diamond became a part of the Harry Winston room in the Natural History Museum of the Smithsonian Institution.

Hope Diamond Worth

How Much is the Hope Diamond Worth Today? (History Included) (3)

Nowadays, the Hope diamond is exhibited in a glass cabinet in the Smithsonian Institution. You can come to admire a chain containing 45 colorless diamonds with a famous Hope as a central pendant stone surrounded by sixteen smaller diamonds.

The most expensive diamonds worldwide

DiamondCaratsShapeColorPrice
Koh-i-Noor105,6OvalColorlessUnknown
Cullinan3.106,75Rough diamondNear colorlessUp to $2 billion
Hope diamond45.52Antique cushionDark gray-blue$200 to $250 million
Centenary diamond273.85HeartD color$100 million
Pink Star59.60OvalPink$71.2 million
Winston Blue13.22PearVivid blue$23.8 million
Wittelsbach diamond31.06OvalDeep blue$23.4 million
Perfect Pink14.23OvalPink$23.2 million
Heart of Eternity777HeartVivid blue$16 million
Moussaieff Red diamond5.11TriangularRedUp to $8 million

Even though it is impossible to assess the actual Hope diamond price, it was estimated to $200 to $250 million, but some believe its value is approximately $350 million. That places it in a respectable third place on the list of the most expensive diamonds in the world.

However, the Smithsonian considers the Hope diamond a true, priceless American treasure. It is officially not for sale.

Summary

The Hope diamond is a highly precious, 45.52 carats stone well-known worldwide. Even though its current price is estimated to $350 million, there are only a few people who have wanted to own this cursed gem with a dark history.

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How Much is the Hope Diamond Worth Today? (History Included) (2024)

FAQs

How much is the Hope Diamond currently worth? ›

Hope Diamond
The Hope Diamond in the National Museum of Natural History in Washington, D.C.
Weight45.52 carats (9.104 g)
Original ownerJean-Baptiste Tavernier
OwnerSmithsonian Institution
Estimated valueUS$200–350 million
6 more rows

How much is the Hope Diamond worth 2022? ›

THE HOPE DIAMOND — $200-$250 MILLION

This 45.52 carat Fancy Dark Gray-Blue antique cushion cut diamond was later stolen during a crown jewel looting in 1791 but resurfaced in London in 1839.

What is the history of the Hope Diamond? ›

The history of the stone which was eventually named the Hope Diamond began when the French merchant traveler, Jean Baptiste Tavernier, purchased a 112 3/16-carat diamond. This diamond, which was most likely from the Kollur mine in Golconda, India, was somewhat triangular in shape and crudely cut.

How much is the Hope Diamond worth in 1912? ›

Pierre Cartier sold the Hope Diamond to Ned and Evalyn Walsh McLean for $180,000.

Who owns the Hope Diamond 2022? ›

Harry Winston owned it for the next eleven years until he donated the Hope Diamond to the Smithsonian Institution in 1958. Now, the gem belongs to all Americans.

How much is the heart of the ocean worth? ›

Titanic: Heart of the Ocean Necklace ($500,750,000)

At the end of the film, it is tossed into the ocean by Rose. While the studio fashioned the prop for about $9,400, the 56-carat heart-shaped blue diamond in white gold and a colorless diamond frame would have been worth more than $500 million had it been real.

Has anyone wore the Hope Diamond? ›

Once that was cleared up, Evalyn McLean wore the diamond constantly. According to one story, it took a lot of persuading by Mrs. McLean's doctor to get her to take off the necklace even for a goiter operation. Though McLean wore the Hope diamond as a good luck charm, others saw the curse strike her too.

Who has the Hope Diamond today? ›

as part of the firm's 50th anniversary celebration. After extensive remodeling of the display area, the Hope Diamond is exhibited in the new Harry Winston Room in the Hall of Geology, Gems and Minerals of the Natural History Museum of the Smithsonian Institution.

What size is the Hope Diamond now? ›

At 45.52 carats, it's the largest blue diamond known to exist, and that's after undergoing numerous recuts. In its original form, it was recorded as being 112 carats.

Is the Hope Diamond in Titanic? ›

The Hope Diamond was not on the Titanic when it sank; it was owned by Washington socialite, Mrs Evelyn McLean, who didn't even set sail on the infamous ship. When she died in 1947, it was sold to pay off her debts.

Who was the last person to wear the Hope Diamond? ›

Pierre Cartier designed the current setting for the Hope in 1910 to be worn as both a necklace and a bandeau, or head ornament. 9. The last famous person to wear the Hope? Actress Michelle Pfeiffer, who put it on for Life magazine in 1996 1995.

Why is the Hope Diamond worth so much? ›

The unique blue color of the Hope diamond is the main reason why most people believe it to be priceless. The thought behind this belief goes something like this: diamonds are almost always colorless stones which, on very rare occasions, can be found in nature to have a color; like blue, in the case of the Hope.

Is there a twin to the Hope Diamond? ›

For more than a century, historians have debat- ed the existence of “sister” stones to the Hope diamond, most notably the Brunswick Blue and the Pirie diamonds. The recent discovery of a lead cast of the French Blue, the Hope's precur- sor, has provided a more accurate model of that diamond, which disappeared in 1792.

How much are Titanic diamonds? ›

The diamond necklace that is seen in the Titanic is not a real diamond. It is cubic zirconia set in white gold. Making this piece of movie history cost around $10.000. As you can imagine, that is not even close to the value of a 'real' Heart of the Ocean.

Where is the Hope Diamond 2022? ›

Mrs. McLean's heirs sold it to Harry Winston, who in turn donated it to the Smithsonian Institution. Today the Hope Diamond is in the permanent collection at the Smithsonian in the National Museum of Natural History, where millions of people visit it each year.

What diamond is bigger than the Hope Diamond? ›

At more than 187 carats, the Foxfire Diamond is more than four times bigger than the gallery's famous Hope Diamond. More than 100 million people have visited the Hope Diamond, a blue stone cut into a 45.52 carat heart-shaped diamond, which Harry Winston donated to the Smithsonian in 1958, the museum says.

Has the Hope Diamond ever been stolen? ›

The diamond was stolen during the French revolution and re-cut. Wilhelm Fals was a Dutch jeweller who was responsible for cutting the 115-carat diamond to the 45-carat Blue Hope Diamond we see today.

What is the largest diamond in the world? ›

The magnificent Cullinan Diamond – the largest diamond ever found- is incorporated into the Crown Jewels. The stone was discovered near Pretoria in South Africa in 1905, and is named after the chairman of the mining company, Thomas Cullinan.

How old is Rose in Titanic? ›

Rose is a 17-year-old girl, originally from Philadelphia, who is forced into an engagement to 30-year-old Cal Hockley so she and her mother, Ruth, can maintain their high-class status after her father's death had left the family debt-ridden.

Who owned the real Heart of the Ocean? ›

In reality, the necklace was a stunning sapphire surrounded by diamonds and aptly named the Love of the Sea. The elegant gem belonged to nineteen year-old Kate Florence Phillips whose paramour Henry Samuel Morley, twenty years her senior (and Kate's boss), bestowed the necklace upon her as token of his love.

Where is the necklace from Titanic? ›

The necklace bought under the condition that Celine Dion would wear it to the 1998 Academy Awards during her performance of Titanic theme song My Heart Will Go On. This piece was apparently later donated to the Charlestown Shipwreck & Heritage Centre in Cornwall, England, where it went on display.

What is the most cursed diamond? ›

Over its 350-year history, the Hope Diamond has become one of the most famous cursed diamonds. After being stolen and recut, it is said to have contributed to the downfall and death of its owners. Discovered in India in 1673, it was originally a 115-carat blue diamond.

How many Hope diamonds are there? ›

A bail is soldered to the pendant where Mrs. McLean would often attach other diamonds including the McLean Diamond and the Star of the East. The necklace chain contains 45 white diamonds.

How much security does the Hope Diamond have? ›

The Hope Diamond is steeped in history. Appearing a brilliant blue to the naked eye, under ultraviolet light it looks a fluorescent red. It is currently on display in the Smithsonian Natural History museum in Washington, USA and is protected by three inches of bullet-proof glass in the Harry Winston room.

What is the most valuable diamond in the world? ›

1. Mountain of Light Diamond (Koh-I-Noor): Priceless. Thought to be the most expensive diamond in the world, the Koh-I-Noor is also known as The Mountain of Light. Weighing 105.6 carats, this colorless gemstone is now part of the British Crown Jewels.

How much is the Hope Diamond necklace? ›

The Hope Diamond — $250 million

The most expensive and perhaps the most famous jewel in the world is a 45.52 carat blue stone known as the Hope Diamond.

Can you pay to see the Titanic wreck? ›

Have you ever wished you could see the ship up close and in person? Well, now you can. That's right — you can dive to the depths of the ocean and see the Titanic for yourself. OceanGate Expeditions, a company made up of undersea explorers, scientists, and filmmakers, offers the once-in-a-lifetime opportunity.

Who has the Heart of the Ocean? ›

It is said to originally be owned by Louis XVI and shortly after his execution in 1793, the diamond disappeared and was recut into a heart-like shape, known as "The Heart of the Ocean." Caledon Hockley purchased the diamond for his fiancée, Rose and presented it to her.

Did they ever find the heart of the sea from Titanic? ›

While the Heart of the Ocean was never actually lost, there were other pieces of jewelry that were lost onboard the Titanic. One such piece of jewelry is a locket that was found onboard the ocean liner.

What does a diamond look like when it is first found? ›

In other words, they have not been altered or tampered with after they were discovered. Raw diamonds look like transparent stones with yellowish or brownish tints. There are some that are colorless but these are rare.

Why does the Hope Diamond glow red? ›

One aspect of this famous diamond that most people do not get to see is its fiery red phosphorescence that results from exposure to ultraviolet light, which continues for more than a minute.

Who donated the Hope Diamond? ›

The Hope Diamond is formally donated to the Smithsonian by Harry Winston, a New York gem merchant. The stone was acquired by Winston in 1949 from the estate of Mrs. Evalyn Walsh McLean, who received it from her husband, Edward B. McLean, in 1911.

What celebrity has the biggest jewelry collection? ›

The Top 10 Richest Celebrities All Over The World Who Own A Large Collection Of Jewels & Diamonds:
  • Celine Dion – Estimated jewelry and diamond worth: $210 million.
  • Elizabeth Taylor – Estimated jewelry and diamond worth: $185 million. ...
  • Oprah Winfrey – Estimated jewelry and diamond worth: $150 million. ...
Jan 12, 2022

What jewels were lost on the Titanic? ›

A blue sapphire ring mounted in a setting surrounded by 14 diamonds, and a gold locket were just two pieces found among the wreckage.

How much was a first class ticket on the Titanic? ›

First-class berths would cost $4,591, second-class would be $1,834, and third-class accommodations $1,071. A calculated estimation of the Titanic concludes that the total number of first-class travelers was 324.

What is the largest cut diamond in the world? ›

Joseph Asscher & Co. Cullinan produced stones of various cuts and sizes, the largest of which is named Cullinan I or the Great Star of Africa, and at 530.4 carats (106.08 g) (3.74 ounces) it is the largest clear cut diamond in the world. The stone is mounted in the head of the Sovereign's Sceptre with Cross.

Is the Hope Diamond the largest blue diamond? ›

Deep-blue diamonds rarely exceed a few carats in size, and the Hope Diamond is, in fact, the largest such diamond known.

Can you view the Hope Diamond? ›

You can see the Hope Diamond at the Smithsonian's National Museum of Natural History in the Harry Winston Gallery.

Who was the last private owner of the Hope Diamond? ›

Evalyn McLean (née Walsh; August 1, 1886 – April 26, 1947) was an American mining heiress and socialite, famous for reputedly being the last private owner of the 45-carat (9.0 g) Hope Diamond (which was bought in 1911 for US$180,000 from Pierre Cartier), as well as another famous diamond, the 94-carat (18.8 g) Star of ...

Did Liz Taylor own the Hope Diamond? ›

Yes, it was purchased by Elizabeth Taylor and Richard Burton in 1969.

Is there a lost twin to the Hope Diamond? ›

For more than a century, historians have debat- ed the existence of “sister” stones to the Hope diamond, most notably the Brunswick Blue and the Pirie diamonds. The recent discovery of a lead cast of the French Blue, the Hope's precur- sor, has provided a more accurate model of that diamond, which disappeared in 1792.

Is there a diamond bigger than the Hope Diamond? ›

At more than 187 carats, the Foxfire Diamond is more than four times bigger than the gallery's famous Hope Diamond. More than 100 million people have visited the Hope Diamond, a blue stone cut into a 45.52 carat heart-shaped diamond, which Harry Winston donated to the Smithsonian in 1958, the museum says.

Has anyone ever stolen the Hope Diamond? ›

The Hope Diamond Was Stolen

During the Reign of Terror, the crown jewels (including the blue diamond) were taken from the royal couple after they attempted to flee France in 1791. The jewels were placed in the royal storehouse known as the Garde-Meuble de la Couronne, but were not well guarded.

Who had the diamond on the Titanic? ›

Though it seemed like a pretty piece of fiction created by James Cameron, it turns out that there was a diamond and sapphire necklace on board that fatal night, given to a young girl, Kate Florence Phillips, 20, by her married paramour, Henry Samuel Morley, 40.

Who had the first Hope Diamond? ›

The first figure to acquire the diamond, purchasing it from Tavernier in 1668, was King Louis XIV of France. As an unbelievably wealthy and extravagant ruler, Louis had the diamond recut and made into one of his crown jewels. Upon Louis's death, the diamond passed to his son and grandson, finally settling on Louis XVI.

Did the Smithsonian buy the Hope Diamond? ›

The Hope diamond, a flawless 45-plus gem of rare steel-blue color, was donated to the Smithsonian Institution in 1958 by New York City jeweler Harry Winston, and is the centerpiece of the Hall of Gems at the Smithsonian's National Museum of Natural History.

Who got Elizabeth Taylor's money? ›

In 2011, the year of her death, her personal collection sold for almost £145million through Christie's auction. From her marriages, the actress had four children and 10 grandchildren. It is believed that her trust passed the majority of her assets to her children, grandchildren as well as to various charities.

Who owns the highest diamond in the world? ›

Cullinan Diamond
The rough diamond
Weight3,106.75 carats (621.350 g)
Cut byJoseph Asscher & Co.
Original ownerPremier Diamond Mining Company
OwnerCharles III in right of The Crown
4 more rows

Who owns the largest diamond in the world? ›

The magnificent Cullinan Diamond – the largest diamond ever found- is incorporated into the Crown Jewels. The stone was discovered near Pretoria in South Africa in 1905, and is named after the chairman of the mining company, Thomas Cullinan.

Who owns the rarest diamond? ›

Kohinoor is the most expensive diamond in the world. As per reports, the oval 109 carat diamond weighs 21.6 grams and is the main diamond of the British Crown. Its origin is traced back to India with Queen Elizabeth II being the current owner of the diamond. Due to its uniqueness, the diamond is said to be priceless.

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