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Eye of Golconda Could Sell for $10 Million

Charlotte McLeod
May. 27, 2014 09:54AM PST
Gem Investing

Hindustan Times reported that a necklace featuring emeralds and two Golconda diamonds — one pear shaped and the other cushion shaped — could sell for as much as $10 million at Christie’s Hong Kong Magnificent Jewels auction, set to take place today.

Hindustan Times reported that a necklace featuring emeralds and two Golconda diamonds — one pear shaped and the other cushion shaped — could sell for as much as $10 million at Christie’s Hong Kong Magnificent Jewels auction, set to take place today.

As quoted in the market news:

The necklace ‘The Eye of Golconda’ comprises two rare Golconda diamonds, weighing 40.05 and 6.76 carats, respectively.

‘The former, the necklace’s centrepiece of imposing size, is the largest Golconda diamond ever available for auction in Asia,’ a statement said Monday

Golconda diamonds are often described as ‘diamonds of first water’, characterised by an almost indefinable water-clear appearance that attest to their diaphanous quality and a degree of transparency rarely seen in stones from other localities, it added.

Click here to read the full Hindustan Times report.

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