Sotheby's will auction 400-year-old diamond
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Sotheby's will auction 400-year-old diamond

New York City : NY : USA | Apr 23, 2012 at 9:39 PM PDT
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DIAMOND WORLD RECORD PRICE MILLIONS

The "Beau Sancy", one of the oldest and most famous diamonds in the world that is in private hands, will be auctioned by Sotheby's and could reach a price of $ 4 million.

Whoever does not have the money to buy the glittering pear-shaped gem of almost 400 years old and 34.98 carats, you can see it on exhibit in Paris and then London and Zurich before it is auctioned in Geneva on May 14.

Diamond "has a fascinating story and it really is a sale that happens only once in life," said David Bennett, head of jewelry at Sotheby's.

"When it was created in the sixteenth century, it was new, bold, and so became the most sought jewel of its time. Before Beau Sancy, all diamonds were rudimentary."

Such was the fame of the diamond in 1604 that the French king Henri IV bought as its first owner. It was then called Baron de Sancy and Henri presented this as a gift for his elegant wife Marie de Medici, one of the richest women in Europe.

After the assassination of the king, she fell into poverty and had to sell the jewelry, which cut the famous gem mines of the Indian city of Golconda.

Over time, the diamond passed through four European royal families, including the House of Orange in England. Its most recent owners are the descendants of the last emperor of Germany.

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Sotheby's will auction 400-year-old diamond
The Beau Sancy, a 34.98 carat diamond to be auctioned by Sotheby's in May, is exhibited in Paris on Monday April 23, 2012. The jewel is valued between 2 and 4 million dollars.
Vicky247 is based in Lahore, Punjab, Pakistan, and is a Reporter on Allvoices.
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  • Sotheby's to sell 400-year-old diamond

      Belleville News-Democrat
    The 400-year-old "Beau Sancy," one of the world's oldest and most storied diamonds in private hands, is up sale at Sotheby's auction house. Weighing in at 34.98 carats, the sparkling pear cut gem is estimated to be worth up to $4 million. Those who...
  • 400-Year-Old Diamond, the Beau Sancy, To Be Auctioned Off May 14, Expected ...

      International Business Times
    The 400-year-old diamond, the Beau Sancy, is expected to sell for $4 million at an auction at Sotheby's, an aunction house. The Beau Sancy, which weighs 34.98 carats, is one of the world's oldest diamonds with a rare cut in the shape of a pear. Share...
  • Royal diamond goes on sale

    Reuters A 34-carat diamond which has been exchanged between royal families for centuries is going up for auction. Sotheby's called the sale of Beau Sancy "a major event", reflecting the stone's part in the fluctuating fortunes of Europe's royal...

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