New Delhi : A rare necklace featuring a large Golconda diamond in the centre could fetch over USD 10,000,000 in Christie's auction in Hong Kong on May 27.
The centerpiece in the diamond and emerald necklace, known as "The Eye of Golconda" is the largest Golconda diamond ever to be auctioned in Asia, according to auctioneers.
The sensational necklace is estimated to fetch between USD 8,500,000 to USD 10,000,000 and is the leading piece of a 300 lot sale with a combined estimation of over USD 100 million.
The Golconda region is universally famous for mines that have produced the world's most famous and coveted gems, including the Hope Diamond, Idol's Eye, the Koh-i-Noor and the Darya-i-Noor.
These sparklers of extraordinary transparency which came from Golconda is said to have captivated King Louis XIV called them "pools of crystal water".
They are often graded as Type IIa. These diamonds represent less than 2 per cent of the world's production of gem-quality diamonds. They are said to be the purest form of diamonds and show exceptional optical transparency.
Christie's Hong Kong sale will also unveil a 9.38 carats pear-shaped fancy intense pink diamond whose pre-auction estimate is expected to be between USD 5,800,000- USD 8,300,000.
The recent Geneva sale by Christie's earlier this month, which set an auction record for the world's largest flawless vivid blue diamond at USD 23.79 million had also offered two important pieces with Indian provenance. The 'Rajah Diamond' a 26.14 carat old-mine brilliant-cut diamond fetched auctioneers over USD 4 million.
The centerpiece in the diamond and emerald necklace, known as "The Eye of Golconda" is the largest Golconda diamond ever to be auctioned in Asia, according to auctioneers.
The sensational necklace is estimated to fetch between USD 8,500,000 to USD 10,000,000 and is the leading piece of a 300 lot sale with a combined estimation of over USD 100 million.
The Golconda region is universally famous for mines that have produced the world's most famous and coveted gems, including the Hope Diamond, Idol's Eye, the Koh-i-Noor and the Darya-i-Noor.
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These sparklers of extraordinary transparency which came from Golconda is said to have captivated King Louis XIV called them "pools of crystal water".
They are often graded as Type IIa. These diamonds represent less than 2 per cent of the world's production of gem-quality diamonds. They are said to be the purest form of diamonds and show exceptional optical transparency.
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Christie's Hong Kong sale will also unveil a 9.38 carats pear-shaped fancy intense pink diamond whose pre-auction estimate is expected to be between USD 5,800,000- USD 8,300,000.
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The recent Geneva sale by Christie's earlier this month, which set an auction record for the world's largest flawless vivid blue diamond at USD 23.79 million had also offered two important pieces with Indian provenance. The 'Rajah Diamond' a 26.14 carat old-mine brilliant-cut diamond fetched auctioneers over USD 4 million.
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