Diamond necklace worth 18-crore rupees goes to auction

Indian diamond necklace is set to sparkle at Hong Kong auction.

A diamond necklace worth 18-crore rupees (£2.4 million) will be the star attraction at the first Indian collection set for auction in Hong Kong later this month.

According to New Delhi Television, the jewel, which has been valued using the Indian crore – equivalent to ten million rupees – will go under the hammer at Christie's on November 29th.

Boasting a 12.29-carat Golconda diamond as well as rare Argyle pink gemstones, the masterpiece weighs just 50 grams thanks to artful design.

The eye-catching precious stone and the smaller Argyles, mined in Australia, have been set in as little metal as possible to give the impression that the wearer is only sporting the gems.

Described by the publication as "one-of-its-kind", the item took 1,300 experts more than a year to craft.

British jeweller Laurence Graff recently took home the world's most expensive diamond, bought at auction for £29 million.

The investor, who successfully bid for the 24.78-carat 'fancy intense pink' gem, has named it the Graff Pink.