Nicolas de Harlay, seigneur de Sancy As diamonds were becoming increasingly fashionable at the time, Henry arranged to borrow de Sancy's diamond to decorate his cap. Henry IV also borrowed the stone, for the more practical purpose of using it as security for financing an army. Legend has it that a messenger carrying the jewel never reached his destination, but de Sancy (by then Superintendent of Finance) was convinced that the man was loyal and had a search conducted until the site of the messenger's robbery and murder was found. When the body was disinterred, the jewel was found in the faithful man's stomach. De Sancy
Public auction has passed to the government by escheat, government land, and intangible assets over which the government asserts authority, such as broadcast frequencies sold through a spectrum auction. Public auctions of government property may be conducted by whichever agency is auctioning the property. Some substantial items have been sold at public auction. For example, the United States Navy cruiser "Philadelphia" was sold at such an auction at the Puget Sound Navy Yard in 1927. Private property may be sold in a public auction for a number of reasons. It may be seized through a governmental process to satisfy a judgment rendered