3 / 11

FILE- This Oct. 25, 2010, file photo, shows an employee of Sotheby's auction house holding a 24.78 carat fancy intense pink diamond mounted as a ring, that was last seen on the market some 60 years ago according to the house, ahead of an auction in central London. In November 2010, a rare pink diamond smashed the world record for a jewel at auction, selling for more than $46 million to a well-known gem dealer. London jeweler Laurence Graff paid $46,158,674, for the 24.78-carat "fancy intense pink" diamond, which he immediately named "The Graff Pink." (AP Photo/Lefteris Pitarakis, File)

FILE- This Oct. 25, 2010, file photo, shows an employee of Sotheby's auction house holding a 24.78 carat fancy intense pink diamond mounted as a ring, that was last seen on the market some 60 years ago according to the house, ahead of an auction in central London. In November 2010, a rare pink diamond smashed the world record for a jewel at auction, selling for more than $46 million to a well-known gem dealer. London jeweler Laurence Graff paid $46,158,674, for the 24.78-carat "fancy intense pink" diamond, which he immediately named "The Graff Pink." (AP Photo/Lefteris Pitarakis, File)

World famous jewels

Christie's auctioned off the Archduke Joseph Diamond for nearly $21.5 million on Nov. 13, a world auction record price per carat for a colorless diamond. Here is a look at some other rare baubles, from Elizabeth Taylor's personal collection to the world's first ring carved from a diamond created by Swiss company Shawish Jewelry.