Formerly known as Victoria or Imperial diamond, Jacob Diamond is truly India’s largest diamond.
Scroll down to learn about its origins and history.
1. Jacob diamond is 187 carats and the size of India’s famous Kohinoor diamond is almost double that is 106 carats.
2. This ownership has been transferred only twice in the history of its existence.
3. Diamonds have a rectangular cushion cut with 58 facets and length is 39.5 mm and depth is 29.25 mm.
4. Jacob Diamond is the world’s fifth largest diamond polished and worth $ 150 million.
5. It was found in Kimberli mines in South Africa in 1884 and was sent to Amsterdam to polishing and cutting in 1887.
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6. Before it was sent to cut in Amsterdam, the cut diamond is considered to be 400 carats in weight.
7. It was first sold in 1891 for sale by Shimla-based diamond dealer Alexander Malcolm Jacob, who sold it to Nizam Mahbub Ali Khan of Hyderabad for 46 lakhs. Since then, it is also known as Jacob Diamond.
8. The Nizam found the original diamond smaller than the glass replica, which Mr. Jacob showed when deciding the deal.
After much controversy, when Mr. Jacobs refused to return the money, the angry Nizam found the diamond in his boots to show disrespect.
9. After the death of Nizam Mahbub Ali Khan, his son and last Nizam, Usman Ali Khan found the diamond and used it as a paperweight for a long time.
10. In 1995, the Indian government bought a diamond in the amount of 13 million dollars from Nizam Usman Ali Khan.
At present, with other valuable jewels of the Nizam family, diamond is placed in the Mumbai branch of the Reserve Bank of India and is displayed every year in the National Museum of Hyderabad and Delhi.