Golconda diamonds to go under the hammer on June 19
Several recherché diamonds mined in Golconda during the Qutub Shahi era, ornamenta artefacts from the Nizam’s era will go under the hammer in New York on June 19.
The 253-year-old-firm Christies will be auctioning the exquisite, oval Pink Golconda Diamond of 10.46 carats that was unearthed at a mine on the tributaries of River Krishna, rare diamonds including ‘portrait diamonds’ and ‘the Nizam of Hyderabad Necklace’. The Pink diamond is expected to fetch between $1.5 million and $2.5 million and the portrait diamonds something between $500,000 and $1 million, says a report.
The portrait diamonds were also mined in Golconda and are extremely shallow, consisting of virtually nothing but two tables separated by a tiny row of girdle facets. These were sometimes used to cover miniature paintings and therefore got its name.
The Nizam of Hyderabad Necklace is an antique piece with eight large diamonds that the Nizams wore during parades. Its estimated weight is around 10.00 to 15.00 carats and is pegged at $1.5 million and $2.5 million.
However, the costliest diamond to be auctioned is the Mirror of Paradise ring – a rectangular-cut 52.58 carat diamond with flawless clarity touting to fetch between $ 7 million and $ 10 million.