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May 21, 2013 -- Updated April 27, 2012 01:28 HKT

Beau Sancy Diamond Goes to Auction


shayne@heffcap.com
Posted on: Apr 26th, 2012

Sotheby’s to auction off rare, 400-anni, ‘Beau Sancy’ Diamond

The 400-anni, “Beau Sancy” one of the World’s oldest and most storied Diamonds in private hands, is up for sale at Sotheby’s auction house.

Weighing in at 34.98 cts, the sparkling gem with a rare pear cut is expected to fetch up to US$4-M.

For now, the jewel is on display in Paris and will move on to London and Zurich before it gets auctioned off in Geneva on 14 May.

“It has a fascinating history, and really is a once-in-a-lifetime sale,” said David Bennett, Sotheby’s jewelry chairman. “When it was made in the 16th century, the pear cut was new, bold, and so it became the most sought-after jewel of its era. Before the ‘Beau Sancy’ all Diamonds were rudimentary.”

Such was the Diamond’s fame that in Y 1604, French King Henri IV purchased it from the 1st owner, the Lord of Sancy, as a gift for his glamorous wife, Marie de Medici, one of Europe’s richest women.

Following the King’s murder, she fell into poverty and was forced to sell the jewel, which was cut from the famous gem mines in the Indian city of Golconda.

The Diamond eventually made its way through four royal European families, including England’s House of Orange. Its most recent owners are the descendants of the last emperor of Germany.

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Posted by on Apr 26th, 2012and filed underConnoisseur's Club, Jewelry, Latest News, Latest News from Live Trading News Wire, News wire.You can follow any responses to this entry through theRSS 2.0You can skip to the end and leave a response. Pinging is currently not allowed.
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Guest: bztg, come on shane, lite this puppy up. been waiting too long lets go!!!

Tue, 04/30/13 | 0 Comment

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Guest: gsat get it now. if u snooze u lose

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