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Diamond Necklace Possibly Linked to Marie Antoinette's Demise Up for Auction

An historic and highly important necklace set with nearly 500 diamonds weighing a total of approximately 300 carats and formally in the collection of the Marquess of Anglesey is pictured during an auction preview at Sotheby's and is estimated to fetch 1,600,000 to 2,000,000 CHF in Geneva, Switzerland, Nov 7, 2024. REUTERS/Denis Balibouse
An historic and highly important necklace set with nearly 500 diamonds weighing a total of approximately 300 carats and formally in the collection of the Marquess of Anglesey is pictured during an auction preview at Sotheby's and is estimated to fetch 1,600,000 to 2,000,000 CHF in Geneva, Switzerland, Nov 7, 2024. REUTERS/Denis Balibouse
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Diamond Necklace Possibly Linked to Marie Antoinette's Demise Up for Auction

An historic and highly important necklace set with nearly 500 diamonds weighing a total of approximately 300 carats and formally in the collection of the Marquess of Anglesey is pictured during an auction preview at Sotheby's and is estimated to fetch 1,600,000 to 2,000,000 CHF in Geneva, Switzerland, Nov 7, 2024. REUTERS/Denis Balibouse
An historic and highly important necklace set with nearly 500 diamonds weighing a total of approximately 300 carats and formally in the collection of the Marquess of Anglesey is pictured during an auction preview at Sotheby's and is estimated to fetch 1,600,000 to 2,000,000 CHF in Geneva, Switzerland, Nov 7, 2024. REUTERS/Denis Balibouse

A diamond-studded necklace thought to be involved in a scandal that led to the eventual downfall of the last queen of France, Marie Antoinette, is being sold in Geneva next week.
The Georgian-era piece containing 300 carats of diamonds being sold by a Asian private collector in Geneva on Nov. 13 is valued at around 2 million Swiss francs ($2.29 million), Sotheby's said, although it may fetch much more.
The piece was at the center of a scandal in the 1780s known as the 'Diamond Necklace Affair' in which a hard-up noblewoman named Jeanne de la Motte pretended to be the French queen and acquired the necklace in her name without payment
A subsequent trial found the queen blameless, yet did little to alleviate her growing notoriety for extravagance which helped fuel the French Revolution and Marie Antoinette's beheading.
"It's likely or possible that some of these diamonds may have come from the famous diamond necklace that led to the downfall of Marie Antoinette," Jessica Wyndham, head of magnificent jewels sales for Sotheby's, told Reuters on Thursday.
"What we've seen is that jewelry with a noble provenance can generate a huge amount of excitement," she added, citing a pearl pendant belonging to the French queen which the auction house sold in 2018 for many times its initial estimate.
The diamonds of the original piece, crafted in 1776, were later sold piecemeal on the black market so are almost impossible to trace. However, some experts say the quality and age of the diamonds point to a match.
The necklace, which resembles a neck scarf, can be worn open or knotted at the front. One of its previous owners was Britain's Marquess of Anglesey and a family member wore it on the occasion of Queen Elizabeth II's coronation, according to Sotheby's.
"I think it's one of the most exciting pieces that we've had for a long time, not only with the provenance, but the design," said Wyndham.

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Jill Biden Gets Priciest Gift from a Foreign Leader in 2023 — a $20,000 Diamond

US President Joe Biden and First Lady Jill Biden walk on the South Lawn of the White House as they return to Washington, DC, from Camp David, on January 2, 2025. (Photo by Chris Kleponis / AFP)
US President Joe Biden and First Lady Jill Biden walk on the South Lawn of the White House as they return to Washington, DC, from Camp David, on January 2, 2025. (Photo by Chris Kleponis / AFP)
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Jill Biden Gets Priciest Gift from a Foreign Leader in 2023 — a $20,000 Diamond

US President Joe Biden and First Lady Jill Biden walk on the South Lawn of the White House as they return to Washington, DC, from Camp David, on January 2, 2025. (Photo by Chris Kleponis / AFP)
US President Joe Biden and First Lady Jill Biden walk on the South Lawn of the White House as they return to Washington, DC, from Camp David, on January 2, 2025. (Photo by Chris Kleponis / AFP)

President Joe Biden and his family were given tens of thousands of dollars in gifts from foreign leaders in 2023, according to an annual accounting published by the State Department on Thursday, with first lady Jill Biden receiving the single most expensive present: a $20,000 diamond from India’s leader.
The 7.5-carat diamond from Indian Prime Minister Narendra Modi was easily the most costly gift presented to any member of the first family in 2023, although she also received a brooch valued at $14,063 from the Ukrainian ambassador to the United States and a bracelet, brooch and photograph album worth $4,510 from the president and first lady of Egypt.
The US president himself received a number of expensive presents, including a commemorative photo album valued at $7,100 from South Korea’s recently impeached President Suk Yeol Yoon, a $3,495 statue of Mongolian warriors from the Mongolian prime minister, a $3,300 silver bowl from the sultan of Brunei, a $3,160 sterling silver tray from the president of Israel, and a collage worth $2,400 from Ukrainian President Volodymyr Zelenskyy.
Federal law requires executive branch officials to declare gifts they receive from foreign leaders and counterparts that have an estimated value of more than $480. Many of the gifts that meet that threshold are relatively modest, and the more expensive ones are typically — but not always — transferred to the National Archives or put on official displays.
The $20,000 diamond was retained for official use in the White House East Wing, according to a State Department document, while the other gifts to the president and first lady were sent to the archives.
Vanessa Valdivia, a spokesperson for Jill Biden, said the diamond will be turned over to the archives after they leave office. According to The Associated Press, she did not say what it was being used for.
Ukraine's ambassador, Oksana Markarova, said Friday on Facebook that a Ukrainian designer fashioned the brooch from the remains of a Russian rocket and that the piece was made from inexpensive materials, so its “true value ... lies in its symbolism." The embassy's spokesperson, Halyna Yusypiuk, said US officials provided the assessed value.
Recipients have the option to purchase the gift from the US government at its market value, although that is rare, particularly with high-end items.
According to the State Department’s Office of Protocol, which compiles the list that will be published in Friday’s edition of the Federal Register, several employees of the CIA reported receiving lavish gifts of watches, perfume and jewelry, nearly all of which were destroyed. Of the gifts destroyed, they were worth more than $132,000 combined.
CIA Director William Burns received a $18,000 astrograph, which is a telescope and astrological camera, from an foreign source whose identity is classified. That is being transferred to the General Services Administration. But Burns reported receiving and destroying an $11,000 Omega watch, while numerous others did the same with luxury timepieces.
Below the rank of director, the CIA employees who reported gifts are not identified, but one of them logged an Omega Seamaster Aqua Terra watch, a ladies Omega Constellation watch, a diamond necklace, earring bracelet, and a ring that were valued together at $65,100.