This Golconda Diamond is Expected to Fetch Over $15 million

Christie’s are putting up for auction the Archduke Joseph Diamond. It is an unmounted cushion-shaped Golconda diamond weighing 76.02 carats. Technically it is categorized as D color with internally flawless clarity.

According to the statement released by Christie’s this colossal stone was one of the finest and largest perfect Golconda diamonds ever to appear at auction. It is unique as it is perfect in color and internally flawless.

Koh-i-Noor Diamond

The Golconda mines in India have earned a special place in the history for producing some of the world’s most famous diamonds, including the blue Hope, Dresden green, and the Koh-i-Noor which is now a part of the Royal Collection at the Tower of London says Rahul Kadakia, head of jewelry for Christie’s Americas and Switzerland.

Archduke Joseph Diamond

As for the history of this diamond it was named Archduke Joseph after one of its former owners. He was the son of Archduke Joseph Carl of Austria and Princess Clothilde of Saxe-Coburg and Gotha. Born in 1872, he was the great-grandson of Emperor Leopold II through his father, and the great-grandson of King Louis Philippe of France through his mother. So in other words this gemstone has enjoyed royal patronage.

17th Century Cushion Shaped Deep Grayish Blue Diamond Elizabeth Taylor's 33 carat Diamond Ring

In the recent times the price of rare and top quality diamonds have increased many folds, four years ago at Christie’s London the Wittelsbach Diamond of the 17th century cushion-shaped deep grayish-blue diamond sold for $24.3 million. Then two years back ago a 25-carat pink diamond soared to more than $46 million at Sotheby’s in Geneva. Most recently Elizabeth Taylor’s 33-carat diamond ring, given to her by husband Richard Burton, fetched $8.8 million.

Al interested to know moe about this diamond it will be auctioned in Geneva on November 13, following an exhibition tour in New York, Hong Kong and Geneva.