Storied diamond necklace sells for $ 4.8 million at Sotheby’s

After weeks of growing anticipation, Sotheby’s Royal and Noble’s top lot, a rare and highly important 18th century diamond necklace, formerly in the collection of the Marquess of Anglesey, has created a sensation by selling for $ 4,837,060, more than twice its low estimate. In a packed auction room, seven would-be buyers entered a fierce bidding battle that lasted over seven tensed minutes. The anonymous winning bidder is now in possession of perhaps one of the most talked about necklaces of the year – a spectacular antique jewel, which is an incredible survivor of history boasting 500 diamonds and weighing over 300 carats of likely Golconda diamonds from the legendary Golconda mines in India.