You may have decided to sell jewelry for a multitude of reasons. Maybe you have been holding onto an engagement ring from an ex partner. Perhaps you have fallen out of love with an old favorite or have an over...
How to sell Graff Diamonds JewelryDecember 18, 2017 - Jewelry Articles
But what about selling Graff Diamonds jewelry? Is it safe? And how much will you get paid? In this article, we will explain how Graff rose to prominence, review some of their record-breaking pieces and answer all of your questions about selling expensive Graff Diamonds jewelry.
How to sell Graff Diamonds Jewelry for the best price
There are many reasons why you might be looking to sell your watch and there are different ways of making the sale. If you are the owner of a Graff Diamonds or another luxury designer watch and are looking to sell it on, WP Diamonds is a BBB A+ accredited business and can offer you a secure and quick transaction with competitive offers and absolutely no hidden fees. The selling process is simple:
- Fill in our online form
- Receive an initial valuation by email or phone
- Ship your watch to us via Fedex (fully insured) OR make an appointment to visit WP Diamonds in person
- Receive an expert valuation
- Once you accept the offer, your payment can be received in as little as 24 hours
History of Graff Diamonds
Graff Diamonds, commonly known as Graff, was established in 1960 in London by Laurence Graff at the young age of 22. Prior to founding Graff Diamonds, Laurence Graff began his journey in the diamond industry at the age of 15 when he was an apprentice.
By the 1970s, Graff was supplying diamond jewelry to some of the wealthiest people in the Middle East, including the Sultan of Brunei, Hassanal Bolkiah. Some of Graff’s other customers include Donald Trump and Oprah Winfrey. Graff now has over 50 stores across Europe, the US, the Middle East, Africa and Asia. The company adheres to the Kimberly Process, which is “a commitment to remove conflict diamonds from the global supply chain […] The Kimberley Process Certification Scheme (KPCS) … both safeguards the shipment of ‘rough diamonds’ and certifies them as conflict free”. Laurence Graff was awarded an OBE in 2013 and his current net worth is of $4.52 billion.
Graff has long been a collector of rare diamonds and diamond jewelry himself, and has sought out the most valuable diamonds on the planet. Some of the more notable diamonds that Graff has acquired are:
- The Paragon: Acquired by Graff in 1989, it is a 138 carat diamond and was worn as part of a necklace by Naomi Campbell in 1999.
- The Windsor Yellows: A pair of clips, featuring yellow pear shaped diamonds. Graff bought the Windsor Yellows in 1987 in Geneva at an auction selling the jewels that had belonged to Wallis Simpson, the Duchess of Windsor.
- The Delaire Sunrise: This is believed to be the largest square emerald cut Fancy Vivid Yellow diamond in the world and was discovered in South Africa in 2008.
- The Constellation: The largest D color, round shaped, Internally Flawless diamond ever graded by the GIA.
The most expensive watch in the world
When it comes to the most expensive watch in the world, you might imagine something quite lavish, extravagant and perhaps absolutely covered in diamonds. If so, you would be correct. The world’s most expensive watch is believed to be the Graff Diamonds Hallucination, which was revealed at the 2014 Baselworld and is worth an extortionate $55 million. A far cry from the sans diamond 2017 MasterGraff Structural Skeleton Automatic, the Hallucination is a women’s watch that features a platinum bracelet timepiece, holding 110 carats worth of a variety of rare colored diamonds across the design.
- Full name: The Graff Diamonds Hallucination
- Year of creation: 2014
- Metal: Platinum
- Diamond colors: Fancy Light Grey Blue, Fancy Intense Blue, Fancy Intense Blue, Fancy Vivid Yellow, Fancy Intense Pink, Fancy Light Pink, Fancy Green and Fancy Orange
- Diamond shapes: Heart shape, marquise, radiant, pear shape, emerald, and round
- Dial movement: Quartz, surrounded by pink diamonds
- Total carat weight: 110 carats
- Clasp closure: Hidden tongue clasp
- Price: $55 million USD
The Hallucination watch was dreamt up by Laurence Graff himself, who claims the watch took thousands of hours of work to complete. He notes that the watch had been on his mind for quite some time: “The Graff Hallucination is a sculptural masterpiece; a celebration of the miracle of colored diamonds. For many years I have thought about creating a truly remarkable watch that illustrates our all-consuming passion for diamonds. The Hallucination has made my dream a reality”. The multicolored watch is a display of Graff’s authority in the diamond industry and their commitment to expertise and craftsmanship.
The Hallucination’s price is reflective of a number of factors. First of all, the candy colored rainbow display of diamonds contains some of the most expensive and rare forms of diamond in the world. Natural fancy colored diamonds are typically far more valuable than white diamonds. The quality of the diamonds alongside the array of shapes and sizes, make for a unique display of diamonds that is a true work of art. Another factor is the extent of work that was put into the making and innovation of the Hallucination. It took a team of gemologists, designers and craftsmen to make Laurence Graff’s dream watch a reality.
In order to create the impression of a watch seamlessly created by diamonds alone, the design of the watch is complex and extremely intricate. The diamonds are encrusted onto a platinum bracelet, which is invisible under the stones, creating the illusion that the watch is entirely comprised of diamonds. The time telling aspect of the watch is a small dial, surrounded by pink diamonds. The watch is opened and closed by a hidden tongue clasp. In order to open the clasp, a single diamond must be pressed in order to release it.
Other notable Graff watches
- Chopard 210 karat – $26 million
- Patek Phillipe Supercomplication Pocket Watch – $24 million
- Patek Phillipe Caliber 89 – $11 million
- Hublot Big Bang – $5 million
- Frank Muller The Aeternitas Mega 4 – $2.4 million