A 13.53-carat Indian diamond whose worth is estimated at over $1 million will be up for auction this June, the Times of India reported Sunday.

The diamond comes from the internationally renowned Golconda mines in Eastern India, the same place as the infamous Blue Hope diamond, the newspaper said.

The diamond, which will be auctioned June 1 by Christie’s of Hong Kong, is the first in two years to receive the distinction of being certified a Golconda diamond, one of superior clarity and transparency, the Times said.

The Golconda mines do not have the output of mines in Australia, Africa, and Canada, making this diamond even rarer in the global marketplace.

Christie’s refused to discuss how it acquired the diamond, citing a longstanding policy of anonymity for sellers.

Posted: 05|29|06 at 7:56 am. Filed under: Auction News.