Editor’s Note
This article previews the historic auction of the rare ‘Golconda Blue’ diamond, expected to fetch a record sum.
New Delhi, April 15, 2025 (Updated April 15, 2025, 1:08 PM IST)
– Rare Indian diamond to be auctioned for the first time.
– Expected to sell for 430 crore rupees.
Diamonds are not just nature’s precious gifts; they are also paragons of beauty. When a diamond is associated with a magnificent history, it becomes priceless. The ‘Golconda Blue’, a rare diamond from India’s royal heritage, will be auctioned for the first time on May 14 in Geneva at Christie’s ‘Magnificent Jewels’ auction. It has been set into a ring by the famous Parisian jewelry designer JAR.
This rare 23.24-carat vivid blue diamond is not only famous for its beauty but also has a very special history – it was once the pride of an Indian royal family. It is expected that this diamond could sell for 35 to 50 million US dollars (approximately 300 to 430 crore rupees).
This diamond was found 300 years ago in the mines of Golconda, India. It is said that its blue color is due to the presence of boron. Famous as the ‘Golconda Blue’, this diamond once belonged to Maharaja Yashwant Rao Holkar II of Indore. The Maharaja of Baroda has also worn it.
The 259-year-old company Christie’s has previously auctioned several other famous Golconda diamonds. Officials at Christie’s say that collectors and enthusiasts of royal jewelry from around the world are ready to bid for this diamond.