The Esperanza diamond is the most valuable diamond ever discovered in the USA, found by Brooke Oskarson at The Crater of Diamonds State Park in Arkansas. Brooke enlisted the help of a number of American Gem Society members to collaborate and turn her find into something even more remarkable, ensuring the unique provenance of such a rare American diamond.
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Sending Esperanza to the lab for grading
The cut Esperanza diamond was then sent to the American Gem Society Laboratory to be officially graded. The results? A Type IIa, internally flawless diamond of D colour — basically the purest diamond you can get, and the reason why Esperanza is the most valuable diamond ever discovered in the USA.
Douglas’ design floats the Esperanza diamond above the setting, as if it is suspended mid-air. The diamond is only secured at each pointed end. Flowing from these ends are fluid shapes and lines of platinum which form the base of the pendant, echoing the shape of Esperanza. They are designed to look like tapering droplets of water. Smaller Canadian diamonds are set into the platinum.
The pendant was then crafted by Byard. F. Brogan, a jewellery manufacturer in Philadelphia.
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A diamond pendant worth $1 million up for auction
A diamond originally thought to be worth about $500,000 USD, the value of the Esperanza pendant was now estimated at $1 million USD. While on tour, bids for Esperanza were being accepted through a silent bidding process. It was hoped that Esperanza would stay on American soil, however interest was coming from all over the world. Esperanza was also listed on Wikipedia under Famous Diamonds In History, and featured as a famous diamond on Named Diamonds.
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The Esperanza pendant’s final destination is yet to be determined, but for Brooke Oskarson and all American Gem Society members involved, it’s been a very memorable journey to get there.