The Graff Pink ring was presented in an auction for sale in 2010 and was expected to do well there. But it was shocking for everyone that this ring was sold at $46.2 million which is considered as one of the most expensive jewelry item ever sold in the world. It is made with 24.78 carats of luxurious pink diamonds that was owned by Harry Winston. It had very rare color and was the best thing ever discovered in the world. In 2010, it was purchased by Laurence Graff for almost $30 to $38 million.