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India-made 34-carat diamond from Golconda mines fetches $ 39 m at Christie's auction

New York, Apr 17: An extraordinary 34-carat 'Princie' diamond from the mines of Golconda in South India, once owned by the world's richest man - the last Nizam of Hyderabad - has sold for a

PTI Updated on: April 17, 2013 14:30 IST


It set a new record at Christie's New York yesterday, selling for USD 39,323,750 with premium, or USD 1,135,000 per carat.

"A major event took place in the global auction industry with the record breaking sale of The Princie Diamond at Christie's New York.

"Aside from Christie's sale of the legendary Collection of Elizabeth Taylor, this was the most successful jewelry auction ever held in the United States and Christie's was proud to have orchestrated the sale of such an historic gemstone," Rahul Kadakia, Head of Jewelry, Christie's Americas and Switzerland, said.
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