WORLDWRAPFEDERATION.COM

IN THE STREETS & ON THE WEB

DAMN! INDIAN "ARCHDUKE JOSEPH" DIAMOND SELLS FOR $21.47 MILLION!

The flawless 'Archduke Joseph" diamond, from India's famous Golconda mines, broke several world records when it was sold at auction in Geneva late Tuesday for $21.47 million

The price that the 76-carat jewel fetched at the Christie's sale is a record for the auction of a clear, colorless diamond.

It is also the highest auction price per carat for such a gem and the record for a Golconda diamond, the same mines which produced the Koh-i-Noor, which adorns the British Queen's crown.

"It's a cushion-shaped diamond, weighing 76.02 carats, of D color" the purest, most colorless variety of diamond, a rarity and a speciality of the ancient Golconda mines in the Indian state of Andhra Paradesh, said Christie's jewelry expert Jean-Marc Lunel.

The 'Archduke Joseph,' which was bought by an anonymous bidder, once belonged to the Habsburgs, former rulers of the Austrian empire.

It takes its name from the Archduke Joseph (1872-1962) who was for a short period the Hungarian head of state.

The diamond was sold in 1936 to a still-anonymous buyer and, hidden in a safe, escaped the attentions of the Nazis during the Second World War.

It reappeared on the international scene at a sale in London in 1961.

In the 1990s it was sold again, in Geneva, for $6.5 million.

PhotobucketThat mofo is so big it got it's own name! Photobucket

#Salute 2 Archduke JosephPhotobucket

SOURCE

Views: 135

Comment

You need to be a member of WORLDWRAPFEDERATION.COM to add comments!

Join WORLDWRAPFEDERATION.COM

Listen to Scurry Life Radio For Artist Placement On The Site Contact: R5420records@yahoo.com

© 2024   Created by WORLD WRAP FEDERATION.   Powered by

Badges  |  Report an Issue  |  Terms of Service

Subscribe