• A-
  • A
  • A+
Monday, May 21, 2018, 

Farnese Blue diamond fetches $6.7m at Geneva auction

Farnese Blue diamond fetches $6.7m at Geneva auction

Geneva, 16 May 2018 (MIA) - A rare blue diamond that has spent the past 300 years in Europe's royal houses has been sold at auction in Geneva for $6.7m (£5m), BBC reports.

The Farnese Blue was given as a wedding present to Elizabeth Farnese, daughter of the Duke of Parma, when she married Philip V of Spain in 1715.

It then passed down through the generations, moving from Spain to France, Italy and Austria.

The 6.1 carat diamond comes from the famous Golconda mine of India.

It sold after just four minutes of bidding at Sotheby's, easily passing the auction house's estimate of $3.5m-$5m.

"We were expecting a good result but we started from $3.5m and we ended up with $6.7m, so we exceeded our expectation," said Sotheby's jewellery specialist, Daniela Mascetti.

"Good jewels, well-designed, well-made, with a signature, with a perfect... slot in time, in age, do very well."

According to the auctioneers' website, the pear-shaped diamond once formed part of a tiara owned by the ill-fated French Queen Marie Antoinette.

The identity of the new owner has not been revealed. sk/14:13

###

All Rights Reserved.This material may not be stored, published, broadcast, rewritten or redistributed in any form, except with the prior express permission of Macedonian Information Agency.



NO RELATED NEWS

Mosaic

Meghan Markle’s nephew caught with knife at London nightclub

Meghan Markle’s nephew sparked a police probe just...

Prince Harry, Meghan Markle wed in Windsor as millions watch

Prince Harry and Meghan Markle gazed into each oth...

Prince Charles to walk Meghan Markle down the aisle

One of the last remaining mysteries of the wedding...

‘Brilliant, depressing’ National Geographic cover goes viral

A haunting cover image on the June issue of Nation...

Elton John will perform at the royal wedding

Elton John will take the stage at the royal weddin...

Top