Amazing ‘Princie’ Pink Diamond Sold for Almost $40 Million

This exquisite pink diamond originated in the Golconda mines of South-Central India and it initially belonged to the Royal family of Hyderabad, who ruled one of the wealthiest provinces of the Mughal Empire. The 34.65-carat diamond bears a cushion cut stone, and it was sold at a Christie’s auction on April 16 for $39,323,750.

Amazing 'Princie’ Pink Diamond Sold for Almost $40 Million

Also known as Princie, this diamond is definitely one of the biggest in the world, and it shares some characteristics with other extremely valuable precious stones. Its most appreciated traits are, of course, its large size along with its rare color and rich historical heritage. As we said before, the Princie is known to originate in the Gloconda mines, and it was sold in 1960 to a branch of Van Cleef & Arpels for £46,000, which would be about US $1, 3 million today. The following celebration party was held at the Paris store of Van Cleef & Arpels, where numerous famed guests were present including the 14-year old Prince of Baroda, Sayajirao Gaekwad, and his mother, Maharani Sita Devi. Honoring the young prince, the diamond was dubbed “Princie”.

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