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Rare Indian necklace expected to sell for £12m
12:10am Friday 27th April 2012 in News
A rare Indian necklace featuring some of the world’s oldest and largest diamonds is going on sale with an asking price of 20 million US dollars (£12.4 million).
The 17th century Mughal Golconda mirror diamond necklace features five pendants each made up of a table-cut diamond and an emerald in a gold setting.
Suspended from a gold and cream woven cord, the jewellery boasts the largest-known matching set of flat diamonds from Mughal India and is going on private sale at Bonham’s in London.
Matthew Girling, chief executive of Bonham’s for UK and Europe, said the piece was far more than just a necklace.
”It is an extraordinary collection of five diamonds - more than just a necklace - that were cut in the 17th century so they are some of the earliest faceted diamonds.
”They were probably once part of a much larger piece of jewellery that has changed at some point.
”It is now five diamonds with five emeralds in a gold setting which was done in the late 18th or 19th century when a lot of Indian gems were taken out of jewellery and remodelled in a more European way.”
The 28.00 carat table-cut diamond in the central pendant is the biggest on record, Mr Girling said.
”As far as records go there are no table cut diamonds in existence bigger than the one in the middle of this necklace, so records show this is the largest table cut diamond known to survive.”
Mr Girling added that a necklace of such beauty and rarity would be a worthy addition to a museum.
”It is museum quality without a doubt and I would be surprised if it ever gets worn again,” he said.
”It would be nice if it could be seen by many people so it would be a wonderful if a museum were to buy it.”
The current owner of the necklace remains a mystery, and Mr Girling would only reveal it was an individual gentleman.
”The owner wishes to remain anonymous but he is a connoisseur and collector of gem stones,” he said.