Friday, April 17, 2009

Royal diamond fetches record price


Diamond is the symbol of eternity. Most women loves it. I do so.

Don't you know that the 17th century Wittelsbach diamond, weighing 35.56 carats, was estimated to be sold for some nine million pounds, but fetched the highest ever price for a diamond at auction in London?

Known as "Der Blaue Wittelsbacher," the gem was bought by King Philippe IV of Spain in 1664 and given in a dowry when his daughter Margaret Theresa married Leopold I of Austria.

It subsequently entered the Austrian and then Bavarian Crown jewels, although it has been in a private collection since 1964.

"It is a great honour and a lifetime dream to handle a museum-quality stone such as the Wittelsbach," said Francois Curiel, international head of jewellery at Christie's.

"The appearance of a large blue diamond, among the rarest of all colours, with a history that can be traced back to the 17th century and 300 years of royal connections (is) a thrilling occasion," he added.

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