Why Kim Kardashian's Stolen Jewellery Will Be 'Almost Impossible To Sell'
- Publish Date
- Tuesday, 4 October 2016, 11:53AM
Shocking news broke yesterday afternoon that Kim Kardashian had been held at gunpoint in her Paris hotel room. $14 million (NZD) worth of jewellery plus two smartphones were reportedly stolen.
Among the jewels rumoured to be stolen is the 20-carat emerald-cut diamond ring worth a reported $4.5 million (USD) that was recently given to Kardashian by her husband, Kanye.
After debuting the Lorraine Schwartz-designed diamond, which has the highest color grade possible for a gem -- D-Flawless, Type IIa -- at the Grammys, the star hadn’t been shy about showing it off on social media.
Another jewel likely among Kim’s collection was her 15-carat cushion-cut diamond engagement ring. Also by Lorraine Schwartz, the D-Flawless Type IIa ring has been valued at anywhere from $1.5 million to $3 million and was Snapchatted by Kardashian while she was in Paris for fashion week shows.
Kim's engagement ring has been one of the most well-known diamonds in the world since Kanye proposed with it in 2013 at AT&T Park in San Francisco. It has been seen on social media multiple times, and one particular post went viral when little North West wore the shiny ring on her small hand.
In addition to being exceptionally rare, part of what complicates the resale of these gems, though, is their notoriety. “They are so famous and identifiable from a gemological perspective, it will be almost impossible to sell them,” says Joseph DuMouchelle of DuMouchelle International Auctioneers & Appraisers.
“Even if the diamonds resurface 10 or 20 years from now, those stones are going to be very recognizable,” says DuMouchelle. “It’s a very small world of dealers and clients in the market for stones like those.”