Diamonds for the Matrix?

What this is going to be used for is not known at all.

It is the most valuable piece of jewellery created for a movie, but it won’t be finding a home for a while yet.

Featuring 1308 diamonds totalling 134 carats and worth about $2 million, the Satine necklace, worn by Nicole Kidman in Moulin Rouge, was to be the main attraction of Christie’s jewellery sale in New York.

But the man behind the masterpiece, Australian jewellery designer Stefano Canturi, withdrew it.

“The concern here right now is not for rare items of jewellery or art, but for health and well-being, as it should be,” the 35-year-old said.

“The sale of items of luxury pales in comparison to the current state of world affairs and this is not the appropriate time for Satine to be sold.”

Canturi is proving a hit with movie makers – he is working on diamond pieces for The Matrix 2 and 3.

While the master jeweler has not said when the neck-lace will be back on the market, Simon Teakle, head of Christie’s fine jewellery department, said well-heeled jewellery lovers had already shown great interest.

“It is one of the most spectacular and glamorous pieces I have overseen,” he said, “and its eventual owner will unquestionably have an extraordinary jewel.”

Yes, and an extraordinary bill.