The largest faceted diamond in the world is the Golden Jubilee, weighing 545.67 carats. It is a Fancy Brownish-Yellow color and "fire rose cushion cut." It is unusual also because it has a certain type of rare color banding. The second largest faceted diamond in the world is the Star of Africa, also known as the Cullinan I. It weighs 530.20 carats and is a pear shape with 74 facets. The third largest diamond in the world is the Incomparable. It is a golden yellow-orange color, pear shaped, and weighs 407 carats. The fourth largest faceted diamond in the world is the Cullinan II. It was cut from the same stone as the Star of Africa - aka Cullinan I. It weighs 317.40 carats and is a cushion cut.
Up until 2001, the most valuable diamond (price-per-carat) was the 0.95-carat fancy red Hancock Red that had been sold at auction at Christies, NYC, for $880,000 ($926,315 per-carat). The stone was apparently purchased by a buyer representing the Sultan of Brunei, who reputedly has one of the largest collections of fancy colored diamonds in the world. I am not exactly sure which diamond holds the world record for the highest price per-carat, but I am almost certain its no longer held by the Hancock Red. Time will tell!
Reference : http://famousdiamonds.tripod.com/famousdiamonds.html
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