Beau Sancy Its larger sibling diamond, the Grand Sancy, was sold to James I of England for his Queen, Henrietta Maria. The Beau Sancy was acquired by the Queen of France, Marie de Medicis. From Marie de Medicis, it passed to the Dutch King William, later William III of England, and his wife Queen Mary II. In 1701 it passed from the Dutch royal family to Frederick I of Prussia. Beau Sancy The Beau Sancy is a modified "pear double rose cut" diamond found in India that has been owned by a number of European royal houses. In May 2012, it was
No-reserve auction No-reserve auction A no-reserve auction (NR), also known as an absolute auction, is an auction in which the item for sale will be sold regardless of price. From the seller's perspective, advertising an auction as having no reserve price can be desirable because it potentially attracts a greater number of bidders due to the possibility of a bargain. If more bidders attend the auction, a higher price might ultimately be achieved because of heightened competition from bidders. This contrasts with a "reserve auction", where the item for sale may not be sold if the final bid is not high enough