Question: where is the heart of the ocean located

title: Heart of the Ocean
text: Later on an elderly woman ( Gloria Stuart ) watches Lovett 's discovery on the news and immediately contacts the salvage team . Claiming to be both the woman in the picture and Rose Dewitt Bukater she is immediately flown out to Lovett 's salvage ship . Rose requests to view the recovered drawing and Lovett shows her some artifacts salvaged from the wreck , specifically those recovered from her stateroom on Titanic . During this scene Lovett reveals the origins of the diamond and that if it is recovered the Heart of the Ocean would be worth more than the Hope Diamond . While examining an ornate butterfly comb , Rose becomes emotional and begins detailing her time aboard the Titanic . During the film the audience 's perspective alternates between the past and present as Rose shares her memories . Rose divulges the intimate details of her relationship with the artist of the drawing , Jack Dawson ( Leonardo DiCaprio ) , which leads up to the night of the sinking .