« Back to article | Print this article |
An extraordinary 34-carat 'Princie' diamond from the mines of Golconda in South India, once owned by the world's richest man - the last Nizam of Hyderabad - fetched a whopping $39 million at an auction.
The diamond - a 34.65-carat Fancy Intense Pink cushion-cut sparkler - was purchased by an anonymous collector bidding by phone.
It set a new record at Christie's New York on Tuesday, selling for $39,323,750 with premium, or $1,135,000 per carat.
The diamond was once owned by the Royal family of Hyderabad, rulers of one of the wealthiest provinces of the Mughal Empire, Christie's said in a statement.
Click NEXT to read more...
Among important large diamonds, the Princie possesses all of the most desirable qualities collectors seek in diamonds: large size, desirable shape and polish, exceptional colour and quality, Golconda origins, and a noble history.
First offered at auction in 1960 as "Property of a Gentleman" - later revealed to be the Nizam of Hyderabad himself, Sir Mir Osman Ali Khan - the diamond was purchased by the London branch of Van Cleef & Arpels for a mere 46,000 pounds.
The Nizam was proclaimed as the richest man in the world by Time magazine in 1937.
The diamond's unique name was bestowed at a party at the firm's Paris store, where it was christened the "Princie" in honour of the 14-year-old Prince of Baroda, who attended the party with his mother Maharani Sita Devi.
Click NEXT to find out more about the world's most expensive jewels at auctions...
Fancy Intense Pink Diamond
Price: $46 million
Year: 2010
Place: Sotheby's Geneva
A rare pink diamond smashed the world record for a jewel sold at auction after British diamond dealer Laurence Graff bid over $46 million for the precious stone.
The 24.78 carat "fancy intense pink" diamond was sold for $46,158,674 by Sotheby's.
Click NEXT to read more...
Wittelsbach-Graff Diamond
Price: $24.3 million
Year: 2008
Place: Christie's London
The Wittelsbach-Graff Diamond is a 31.06 carats (6.21 g) fancy deep-blue diamond with internally flawless clarity.
Click NEXT to read more...
Perfect Pink Diamond
Price: $23.2 million
Year: 2010
Place: Christie's, Hong Kong
The Perfect Pink, a rare 14.23-carat Fancy Intense Pink rectangular-cut diamond, which sold for $23.2 million, was the most expensive jewel ever sold in Asia. The type IIa, VVS2 diamond sold to an anonymous buyer.
Click NEXT to read more...
BVLGARI ring
Price: $15.7 million
Year: 2010
Place: Christie's New York
The stunning BVLGARI ring from a private European collection has a triangular-shaped, colourless diamond of 9.87 carats paired with a stunning triangular-shaped fancy vivid blue diamond of 10.95 carats.
Click NEXT to read more...
Wallis Simpson's Panther Bracelet
Price: $12.4 million
Year: 2010
Place: Sotheby's London
A bracelet owned by Wallis Simpson was a sparkler at the Sotheby's auction in 2010.
The Cartier-designed onyx and diamond panther was sold at the highest price for a bracelet at any auction.
Click NEXT to read more...
Emerald and diamond tiara
Price: $12.3 million
Year: May 17, 2011
Place: Sotheby's, Geneva
On of the most magnificent jewels from the Sotheby's, this rare emerald and diamond tiara has 11 Colombian emeralds.
Click NEXT to read more...
Unmounted heart-shaped diamond
Price: $11 million
Year: 2011
Place: Christie's, Geneva
A heart-shaped diamond weighing 56.15 carats, it was cut from the Cullinan Diamonds, and the Cullinan 1 is now a part of Britain's Crown Jewel collection.
Click NEXT to read more...
Fancy vivid pink diamond
Price: $11.8 million
Year: 2009
Place: Christie's, Hong Kong
A priceless vivid pink diamond, it weighs 5 carats and is flanked by a shield-shaped diamond, mounted in platinum and 18k rose gold.
Click NEXT to read more...
Empress Eugenie brooch
Price: $10.5 million
Year: 2008
Place: Christie's New York
Designed as an old European-cut diamond openwork sculpted bow, an antique diamond bow brooch, created by by François Kramer for the wife of Napoléon III, Empress Eugeenie.
Click NEXT to read more...
Vivid blue and diamond ring
Price: $10 million
Year: 2011
Place: Sotheby's, Hong Kong
A fancy vivid blue diamond weighing 6.01 carats, flanked on each side by an oval pink diamond weighing 0.46 and 0.44 carat respectively, mounted in platinum.