US News Farnese blue diamond, with 300-year royal history, fetches $6.7 million

15:53  16 may  2018
15:53  16 may  2018 Source:   reuters.com

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Historical 300 years old royal blue farnese diamond ring. In its young years of operation, GHPARROT has carved a strong niche capturing a rather unique viewership profile whose interests are mainly in the current affairs, entertainment and lifestyle space.

LONDON (Reuters) – The historically important Farnese Blue diamond , which was passed down through European royal families for some 300 years , is to go on sale for the first time next month, auctioneers Sotheby’s said.

Video: Royal 'Farnese Blue' Diamond With 300 Years Of History To Be Auctioned (Provided by GeoBeats)

The Farnese Blue diamond, which was passed down through European royal families for 300 years, sold at auction in Geneva on Tuesday for 6.7 million Swiss francs (4.95 million pounds), beating auctioneers Sotheby's estimate of 3.5-5.0 million.

The 6.16 carat, dark grey-blue gem from the Golconda diamond mines of India was first given to Elisabeth Farnese, daughter of the Duke of Parma, in 1715 when she married Philip V of Spain.

It was passed down through more than seven generations and, as their descendants married into other European families, it travelled from Spain to France, Italy and Austria.

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The Farnese Blue diamond which is historically famous and has passed down through royal European families for more than 300 years is supposed to be put up for sale for the first time in next month as shared by the famous auctioneer Sotheby.

LONDON: The historically important Farnese Blue diamond , which was passed down through European royal families for some 300 years , is to go on sale for the first time next month, auctioneers Sotheby's said.

a close up of a persons hand: FILE PHOTO: A model holds The Farnese Blue during a preview of Sotheby's auction sale in Geneva © REUTERS/Pierre Albouy FILE PHOTO: A model holds The Farnese Blue during a preview of Sotheby's auction sale in Geneva

Two other jewels went for even higher prices, also eclipsing their estimates. An oval diamond ring weighing 50.39 carats went for 8.1 million francs, while a round brilliant-cut diamond weighing 51.71 carats sold for 9.26 million francs.

(Reporting by Cecile Mantovani, writing by Tom Miles; editing by David Stamp)

Related Slideshow: Queen Elizabeth II's Most Glamorous Jewels (Provided by Town and Country)

The Imperial State Crown: On January 1, 1967, the Queen wore the Imperial State Crown along with the diamond necklace she had worn for her coronation. The crown was made for the coronation of King George VI in 1937 and is set with 2868 diamonds in silver mounts, largely table-, rose- and brilliant-cut, and colored stones in gold mounts, including 17 sapphires, 11 emeralds and 269 pearls. Queen Elizabeth II's Most Glamorous Jewels

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