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A small box full of glittering jewels.

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It gives the wearer a sense of glamour and regality.

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Throughout history, jewelry has also served as a way to build or flaunt wealth.

GOBankingRates took a look at some of the most expensive jewelry ever owned.

Each item is jaw-droppingly exquisite and far beyond most peoples price range.

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Thisnecklace, co-designed by Taylor and a designer from Cartier, fetched over $11 million at auction.

And to think, you felt special when your parents bought you a candy necklace.

If youre thinking this seems like a gift suitable for a princess, youre not alone.

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Specifically designed for Hutton, it remained in her family until her death in 1979.

Today, it belongs to the Cartier Collection.

It is currently owned by Mouawad, a Swiss and Emirati luxury goods company.

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Burton gifted Taylor numerous stunning pieces over the years, includingthispear-shaped deep cognac diamond ring.

Though this ring is often copied, the original rings splendor is never replicated.

It sold for $2.3 million at Christies.

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