Diamond Auctioned for $9.7M

    The Beau Sancy, a 34.98 carat diamond that will be put on sale by Sotheby's auction house in Geneva next month, is presented in Paris, Monday April 23, 2012. The Beau Sancy diamond, a stone of historical importance with a royal provenance stretching back to Marie de Medicis is estimated between two and four million dollars, (1.5 to 3 million Euros).(AP Photo/Remy de la Mauviniere)

    Remy de la Mauviniere / AP Photo

    Worn by the queen of France at her inauguration in 1610, the Beau Sancy, one of the most famous diamonds in the world, was auctioned for $9.7 million Tuesday in Geneva. “It’s extremely rare for a diamond of this importance to come on the market,” said David Bennett, Sotheby’s chairman for jewelry. “It’s never been out of royal hands, it’s of immaculate provenance, it’s in all the history books of famous stones.” Apart from being worn by Medici, the jewel also played a role in English politics, and was pawned by Mary Stuart to help Charles II as he tried to grab back the English crown. But the buyer Tuesday was anonymous, and the gem may now be in common hands for the first time in its history.

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