While some people could care less how many karats they have on their finger, there are those that would literally kill to have the biggest “rock”. That being said, the diamond trade is still alive and as long as people have a penchant for the extremely expensive it always will be. These are the 10 most expensive jewelry pieces in the world.

The Graff Pink

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This is the most expensive piece of jewelry in the world and was sold for a staggering price of $46 million in November 2010. Famously known as “The Graff Pink”, it is classified as a type II color diamond and has a perfect rating which gives it a price of about $1.85 million per karat.

The $30 Million Diamond Bikini

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The record price for a single piece of jadeite jewelry was set at the November 1997 Christie’s Hong Kong sale: Lot 1843, the “Doubly Fortunate” necklace of 27 approximately .5 mm jadeite beads sold for US$9.3 million.

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The Wittelsbach-Graff Diamond

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Sold for $24.3 million to Laurence Graff in 2008, it was rumored to be the diamond from the Indian Kingdom of Golkonda and that King Philip IV Spain bought it to include in the dowry of his teenage daughter, Margaret Teresa, in the year of 1664.

Heart of the Ocean Diamond

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This Harry Winston Sapphire has an estimated price of $20 million and is an exact replica of the piece of jewelry from the Titanic. It is the most expensive piece of jewelry ever worn at the Oscars and replicas are being sold for $3.5 million in auction sales.

Bulgari Two-Stone Diamond Ring

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This piece is one of the most expensive rings in the world because of the two large diamonds it contains. Created in 1972 from the Bulgari collection, an Asian collector willingly bought the ring for $15.7 million after an intense bidding war.

Emerald and Diamond Tiara

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Exist rumors that this tiara belonged to the wife of Emperor Napoleon III of France. Regardless of past ownership, however, it contains a row of 11 polished pear-shaped emeralds at about 500 karats total and an anonymous bidder paid $12.76 million for it.

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Wallis Simpson’s Panther Bracelet

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Owned by King Edward VIII at one point, this piece of jewelry was sold for $12 million and the buyer was Madonna.

Sotheby’s Golconda Diamond Ring

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This jewel is one of the priciest to ever be sold at an auction. It has a pear-shaped Golconda diamond ring and was presented at Sotheby’s Magnificent Jewels and Jadeite Autumn sale of 2011. With a selling price of $6.5 million, it is without a doubt one of the most expensive rings in the world.

Queen Marie Jose’s Emerald and Diamond Necklace

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This interesting piece of jewelry was once owned by the last royalty of Italy, Queen Marie Jose. She was known for having an extensive collection of jewels including this diamond necklace. This necklace contains 50 emeralds and a lot of diamonds. It was created by Van Cleef and Arpels.

Unmounted Heart Shaped Diamond

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This piece of jewelry is a  heart-shaped diamond weighing 56.15 karats. It was originally cut from the Cullinan Diamonds, which the Cullinan 1 is now a part of Britain’s Crown Jewel collection and was sold for a staggering  11 million dollars.

Sapphire Ring of Princess Diana

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Princess Diana is an iconic figure. No wonder the royal jewelry that she wore which is now in the hands of Kate Middleton will be valued at a price of $38,488. This ring was given by Prince Charles to Lady Diana Spencer on their engagement.

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