Four hundred jewels, objects and gemstones from India, that includes Maharajas & Mughal Magnificence, is expected to be auctioned at more than $115.9 million when it goes on sale this week.
The figure will be the most valuable jewelry auction in history.
The Maharajas & Mughal Magnificence collection, which will be auctioned at Christie’s auction house in New York will feature ceremonial objects, artworks and ornaments used by Indian royalty and high society that span for 500 years.
The “highly valuable group” of objects is from The Al Thani Collection of the royal family of Qatar. It is expected to see competitive bidding from across the globe.
As per Christie’s, this collection is poised to be the most valuable auction of jewelry and jewelled objects. The current record is held by The Collection of Elizabeth Taylor, which totals $144 million.
“The collection begins in Mughal India, the most important dynasty that ruled the country, which was famous for its emeralds, diamonds, sapphires, rubies, weapons and objects which are bejewelled beyond belief,” the auction house said via NDTV.
The auction house also added that the sale traces the history of jewelry from early Mughal India through the Maharajas and their collaborations with the world’s most renowned jewelry houses to create some of the most exceptional pieces of jewelry ever made.
The dagger of Shah Jahan, which is a 17th-century steel dagger crafted from jade and inlaid with gold made for Shah Jahan who was the fifth Mughal emperor who commissioned the Taj Mahal, is one of the sale highlights.
The Qatari royal family along with Kuwait’s Al-Sabah ruling clan are the biggest collectors of Indian imperial and royal jewelry. The two families also exhibit their collections worldwide in some of the most prestigious museums.