In 1958, at Brussels world exhibition, the Wittelsbach-Graff diamond was displayed in public. For some time, the stone disappeared and remains mystery until Laurence Graff, a billionaire diamond dealer bought it at auction in 2008.

Wittelsbach Graff Diamond
Laurence and his son Francois were in the gallery of Smithsonian national museum of natural history, Washington DC as the blue stone was brought from the secret vault.
He says that, over the years, I am privileged to own some of the world famous and important diamonds. But, among the list Wittelsbach-Graff is the most valuable and the most beautiful diamond.

Under ultraviolet light, the diamond has orange hue
Sitting plain on a silky white cloth, the diamond glitters grey and blue in the low light. As it classed as internally flawless, it is said that the gem has a exceptional color and viewed under ultraviolet light, the diamond has orange hue.
Originally, the stone valued at around $15 m, but Mr. Graff paid more than $25m. He re-cut, polished and reduced its 35.5 carats to 31 carats.
He says that, I decided to create beauty or acts of beauty, but it’s not a sin. I just removed the blemishes and enhanced the true perfection in the diamond. They brought the true color of the stone without changing the faceting or shape.
The rarity of the diamond, its history will continue. Every diamond that ever mined, polished and cut is still with us. It’s story unknown. The stone gather some stories, mysterious stories, intriguing stories, but at the end of the day the true beauty of the stone will remain. That will always be the best story, says Graff.
Wittelsbach-Graff originated in India. In 1664, Philip IV of Spain gave it to his daughter, the Infanta Margarita Teresa to celebrate her engagement. In 1772, the gem acquired its name by passing to the Wittelsbach family of the house of Bavaria. After World War I, it becomes republic and the crown jewels including diamond were sold. For the next hundred years, it seen rarely.
Jeffrey Post, curator of the Smithsonian National Gem Collection told that “probably the world has never seen the most famous diamond”. Wittelsbach was secretly transported to the museum in night, before a week for display.
Mr. Post and some of the nations leading diamond experts spent time to examine and compare the wittelsbach Graff with the legendary hope, the world’s largest blue diamond at 45.52 carats, and the star of the national gem collection.
It is considered that the two gems may have the same crystal, but the test proved it is negative. Though, they share considerable resemblance and come from the same place, the hope diamond and Wittelsbach-Graff are more likely distant cousins.
Wittelsbach-Graff will be exhibited besides the Hope at the Smithsonian national museum of natural history until august. Later, its future is uncertain.
Laurence Graff says afterwards, it moves to London Natural history museum. But it could also be sold – so its future is uncertain.