World famous diamond sells for more than 20 million Swiss francs

 

The world famous Archduke Joseph diamond has sold for 21 million Swiss francs (which equates to around $21m or £13m), having last sold in 1993 for just $6.5m (£4m) . It was sold at the Christie’s auction house in Geneva to an anonymous bidder, but had previously been in the ownership of the American jeweller Black, Starr & Frost who seem to be of the opinion that it is going to a museum.

The diamond came from the ancient Golconda mines, but somehow came into the ownership of Hungarian royalty in the late 19th Century before being passed on to other owners.  You can learn more about the diamond and the history of its ownership in the following video which was put together just before this latest auction.

The price represents a record for a Golconda diamond and is the highest sum ever paid per carat for a colourless diamond.

Leave a Reply


Comment guidelines - please read:

1) Use your own name, not a site name or keywords.
2) Links are allowed in the 'Website' field only.
3) Please do not advertise and make sure your comment is relevant and adds value. (If you would like to advertise, there are a number of free and paid ways to do this - please contact us for details.) .





If you want a picture to show with your comment, go get a Gravatar.

 
 
10 of the best places to stay in North America this Spring10 of the best places to stay in North America this Spring : As the ground thaws and flowers blossom, there's never been a better t...
10 of the best places to stay in Europe this Spring10 of the best places to stay in Europe this Spring : Why wait until Summer to get away this year? The Spring can be the per...
Top 10 places to sail in ItalyTop 10 places to sail in Italy : With its endless coast and splendorous sunny and mild Mediterranean cl...