The Wittelsbach-Graff Diamond is a 31.06-carat (6.

212 g) deep-blue diamond with

internally flawless clarity. Laurence Graff purchased the Wittelsbach Diamond in
2008 for £16.4 million. In 2010, Graff revealed he had had the diamond cut by three
diamond cutters to remove flaws. The diamond was now more than 4 carats (800 mg)
lighter and was renamed the Wittelsbach-Graff Diamond. There is controversy, as
critics claim the recutting has so altered the diamond as to make it
unrecognisable,[1] compromising its historical integrity.
The original Wittelsbach Diamond, also known as Der Blaue Wittelsbacher,[3] was a
35.56-carat (7.112 g) fancy, deep, greyish-blue diamond with VS2 clarity that had
been part of both the Austrian and the Bavarian Crown jewels.[4]

Its colour and clarity had been compared to the Hope Diamond. The diamond had
measured 24.40 millimetres (0.961 in) in diameter and 8.29 millimetres (0.326 in)
in depth. It had 82 facets arranged in an atypical pattern. The star facets on the
crown were vertically split, and the pavilion had sixteen needle-like facets
arranged in pairs, pointing outward from the culet facet.[
The diamond originates from the Kollur mines of Guntur District in Andhra Pradesh,
India.[6] The story that King Philip IV of Spain purchased the jewel and included
it in the dowry of his teenage daughter, Margaret Teresa, in 1664 is apocryphal.
The first time the diamond was mentioned is about fifty years later when it was
already in Vienna.[6] It was in the possession of the Habsburg family and came to
Munich when, in 1722, Maria Amalia married Charles of Bavaria, a member of the
Wittelsbach family.[7]

In 1745, the Wittelsbach Diamond was first mounted on the Bavarian Elector's Order
of the Golden Fleece. When Maximilian IV Joseph von Wittelsbach became the first
King of Bavaria in 1806, he commissioned a royal crown that prominently displayed
the diamond. Until 1918, the jewel remained on top of the Bavarian crown. It was
seen last in public at Ludwig III of Bavaria's funeral in 1921.[4][7]

The Wittelsbach family tried to sell the diamond in 1931 during the Great
Depression but found no buyers. It eventually sold the jewel in 1951.[8] In 1958,
the stone was exhibited at the World Expo in Brussels. In the 1960s, the Goldmuntz
family asked Joseph Komkommer, a jeweller, to re-cut the diamond, but Komkommer
recognised its historical significance and refused. Instead, he joined a group of
dealers that bought it.[9] The diamond had been in a private collection since 1964;
[7] Helmut Horten had presented to his wife Heidi at their wedding.[6]

On 10 December 2008, the 35.56-carat (7.112 g) Wittelsbach Diamond was sold to

London-based jeweller Laurence Graff for £16.4 million sterling, or US$23.4
million, at the time the highest price ever paid at auction for a diamond. (The
previous record had been held by a pear-shaped 100-carat (20 g) stone named the
Star of the Season.) The record was eclipsed on 16 November 2010, when a 24.78
carat pink diamond was sold for £29 million Sterling, or US$46 million, again to
Mr. Graff.[10]

In June 2011, Graff apparently sold the diamond to the former emir of Qatar, Hamad
bin Khalifa, for at least US$80 million