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Baroda Pearls necklace sold for a record $7.1 million
Christie’s ‘Magnificent Jewels’ sale realised a total of $39.1 mn
By: Diamond World News Service
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Apr 28 2007 12:00AM
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Reference: 839  

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The royal Baroda Pearls, a two-strand necklace that enhanced the beauty of Indian princess for years was sold for a record $7.1 million (a little more than Rs28 crore) at Christie’s in New York.

The previous auction record for a pearl necklace set in 2004 was $3.13 million at Christie’s in Geneva.

The necklace dates to the 19th century, when the jewel- crazed Maharaja of Baroda, Khande Rao, added it to the royal treasury—which included a 129-carat diamond.

The sale also included a deep-blue, 22.7 carat Kashmir sapphire pendant, with a higher estimated value of $350,000, which ended up fetching $3.06 mn.

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