It is a truth universally acknowledged that the purest diamonds in the world come from the Golconda region in India. Diamonds were the source of unparalleled wealth for more than two thousand years until the mines were exhausted.
The Princie diamond is the largest pink diamond ever been sold at public auction. It was sold by Sotheby's in 1960 to Van Cleef and Arpels. The stone was sold directly by the Nizam of Hydebarad, the ruling dynasty of the central estate in India where the Golconda mines are located. Diamonds from this region are considered the purest ones ever found and are denominated type Lla, as a special distinction. After acquiring the stone, Pierre Arpels introduced it at a party in Paris in honour of the Prince of Baroda, after whom the diamond was named afterwards. The Prince mother was Sita Devi, a glamorous and wealthy Maharani that was nicknamed the Wallis Simpson of India due to her famous jewellery collection. Amongst other famous stones, she also had the Star of the South Diamond.
The Princie diamond has more than 300 years of history and it has remained untouched. It also displays a rare orange fluorescence when looked under ultra violet light that is unique to diamonds that come from the Golconda region. It will be auctioned by Christie's NY on April 16th.