Tuesday, 6 January 2015

Largest pink diamond - Princie of Indian origin - royal family's symbol of power

Largest pink diamond - Princie  of Indian origin.brandontiminsky.com
The news of expensive diamond auctions at christie or else where  grabs  as much attention as sensational news gets about  famous politicians' gaffs, Hollywood and Bollywood guys and gals' romantic escapades, rich recluses  and ecentric billionaires' new pets and status conscious European royal family members' ramblings and their row with new fiancées. 
Golconda fort in ruins,near Hyderabad city, India.www.dailymail.co.uk
The  ''Princie'' Diamond weighing 34.65 carat mined at the mines near Golconda in southern India, was purchased by an anonymous collector bidding by phone, Christie's in New York said. The purchaser paid  a whooping price of$39.3m (£25m) plus. It was previously owned by Indian royal rulers such as  the Maharani Sita Devi of Baroda and the Nizam of Hyderabad, who was  the richest man in the world as reported by Time magazine in 1937.
The whereabouts of this rare diamond had not been known since 1968  when Southey's sold it as the "property of a gentleman".

According to Christie's,   world's  top best four and big pink diamonds  were found at Golconda mines that produced most valuable diamonds in the world. The  earliest known diamond mines in the world- Golconda produced quality diamonds as far back as 800BC. The Princie Diamond, Christie says, is
the third largest pink diamond in the world and was found 300 years ago in the Golconda mines. The other largest pink diamonds the Darya-I Nur, weighing 175 to 195 carats, and the Nur ul-Ain, weighing about 60 carats - were once part of Iranian crown jewels, most probably cut from a single big pink stone weighing 242 carats.

The other rare pink diamond The Daria-i-Noor‎ "Sea of light" in Persian; (also spelled Darya-ye Noor) is one of the largest cut diamonds in the world, weighing roughly 182 carats (36 g).  While a diamond with a similar name and description could be found in the Iranian Crown Jewels of Central Bank of Iran in Tehran. This peculiar stone with pale pink, is one of the rarest to be found in diamonds. The exact whereabouts of the Daria-i-Noor is not yet known and is subject to controversy.


Sometime back the London branch of Van Cleef & Arpels bought the pink diamond for a sum of $ 70,158.00. The celebration party that followed at the Paris store of Van Cleef & Arpels had included rich people and royal families.The   Maharani Sita Devi and her 14-year old young  Indian prince of Baroda (Gujarat, India)  Sayajirao Gaekwad  attended the party and the famous pink diamond was aptly named ''Princie''in honor of young prince.

Ref:
brandontiminsky.com/blog/nizam-of-hyderabads-princie-pink-diamond