A 400-year-old Beau Sancy diamond will be up for sale at a Sotheby’s auction. The 35 carat jewell is considered to be one of the world’s oldest ever found. Moreover, there has never been a privately held auction for such a diamond like this and Sotheby’s is predicting that it will fetch for at least $4 million dollars.
Currently, the jewel is traveling through Europe on display at various cities such as Paris, London, and Zurich.
On May 14th, it will be in Geneva where Sotheby’s Auction House will auction it off to the highest bidder.
“It has a fascinating history, and really is a once-in-a-lifetime sale,” said David Bennett, Sotheby’s jewelry chairman. “When it was made in the 16th century, the pear cut was new, bold, and so it became the most sought-after jewel of its era. Before the ‘Beau Sancy’ all diamonds were rudimentary.”
The gem’s first sale dates back to 1604 when the Lord of Sancy, in France, sold it too King Henri IV.
The king then presented the jewel to his wife Marie de Medici as a gift.
Once considered one of the richest women in Europe, de Medici fell into poverty and was forced to sell the diamond after the king was murdered.