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Farnese Blue Diamond, with 300-Year Royal History, Fetches $6.7M

The Farnese Blue diamond, which was passed down through European royal families for 300 years, sold at auction Tuesday in Geneva for 6.7 million Swiss francs ($6.7 million), beating auctioneers Sotheby's estimate of 3.5-5.0 million. The 6.16 carat, dark gray-blue gem from the Golconda diamond mines of India was first given to Elisabeth Farnese, daughter of the Duke of Parma, in 1715 when she married Philip V of Spain. It was passed down through more than seven generations and, as...

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