The Eye of Golconda Unsold During an Auction

 

The Eye of Golconda / Source: Mining.com

The Eye of Golconda / Source: Mining.com

 “The Eye of Golconda” failed to have a buyer during the five-day spring sale of  Christie’s Magnificent Jewels

The necklace is made of 2 Golconda diamonds and little emeralds around. “The Eye of Golconda” is the largest among its kind that was offered in an auction in Asia. It was expected to acquire $10 Million as per the auction house, unfortunately, they were not able to find and interested participants.

The Eye of Golconda / Source: Mining.com

Source: Mining.com

Another 9.38 carat pear-shaped pink diamond was sold for $6 Million (or $636,117 per carat), however, the bid was lower than what it was expected to have. 

The Indian medieval region of Golconda has been producing high-end diamonds for the past years. Among the expensive diamonds that were acquired in the place are Hope Diamond, Idol’s Eye, Koh-i-Noor and Darya-i-Noor. 

The Christie’s Magnificent Jewel’s auction gave them a revenue of $390 Million. However, about 81% were only sold out of the 300 lots offered during the auction.

By | 2017-03-17T19:54:20+00:00 May 30th, 2014|Categories: Mining News|Tags: , |0 Comments

BUY Laboratory & Small Plant Process Equipment

We have all the laboratory and plant equipment you need to test or build/operate your plant.

ENTER our Mining Equipment' Store

We Sell EQUIPMENT for all types of Mineral Treatment PROCESSES and Laboratory Testing needs

Have a Mineral Processing QUESTION?

Come in, ask your question

911Metallurgist Community Forums

Talk to other metallurgists and be helped.

Need ENGINEERING Services or Plant TROUBLESHOOTING?

We can IMPROVE ALL PLANTS / Mineral Processing Engineering & LABORATORY Ore Testing

911Metallurgy Engineering

Contact us for process engineering, metallurgical investigations, plant optimization, plant troubleshooting, needs. WE “FIX” METALLURGY.

BUY Laboratory & Small Plant Process Equipment

We have all the laboratory and plant equipment you need to test or build/operate your plant.

ENTER our Mining Equipment' Store

We Sell EQUIPMENT for all types of Mineral Treatment PROCESSES and Laboratory Testing needs

Need ENGINEERING Services or Plant TROUBLESHOOTING?

We can IMPROVE ALL PLANTS / Mineral Processing Engineering & LABORATORY Ore Testing

911Metallurgy Engineering

Contact us for process engineering, metallurgical investigations, plant optimization, plant troubleshooting, needs. WE “FIX” METALLURGY.