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Farnese blue diamond goes on sale after 300 years of royal history

The historically important Farnese Blue diamond, which was passed down through European royal families for some 300 years, is to go on sale for the first time next month, auctioneers Sotheby's said. Expected to fetch between $3.7-million and 5.3-million, the 6.1 ct, dark grey-blue stone 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.

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