The World's famous Hope Diamond began a new chapter in its illustrious history with "Embracing Hope" – a new display in its home at the Smithsonian's Museum of Natural History.

The new temporary setting, which differs from the Hope Diamon's historic Cartier-designed setting, was designed by famed jewelers Harry Winston Inc. according to the Economic Times, the museum unveiled the new display at a gala event marking the 50th anniversary of the Hope Diamond's donation to the institution (1958) and the 100th anniversary of the museum.

The new exhibit also coincides with the world premiere of the Smithsonian Channel documentary film, "Mystery of the Hope Diamond."

The new diamond display was voted for by more than 100,000 people in an online vote. According to a Smithsonian statement, "Master craftsmen at Harry Winston spent eight months creating the new platinum setting that surrounds the legendary deep-blue diamond with an extraordinary 340 baguette diamonds totaling 60 carats."

"We feel privileged to be a part of the Hope Diamond's historic journey and are happy to have this unique opportunity to do something special with the diamond to commemorate the anniversary of Harry Winston's gift," said Jeffrey Post, curator of the National Gem Collection.

"On the past 100 years of the museum's history, it is undeniable that the arrival of the Hope Diamond is one of the most important historical landmarks," Cristian Samper, the museum's director added.

"Without it, the National Gem Collection wouldn't be what it is today, one of the largest and most important gem collections in the world. It is fitting that we celebrate that milestone with another, the unveiling of the Hope Diamond as visitors have never seen it before," Samper said.