Beau Sancy 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 sold at Sotheby's auction in Geneva for $9.57 million. The original estimated price of $2 million was lifted five times during the eight-minute battle between five buyers, before the diamond was sold to one of them who remained anonymous. The Beau Sancy diamond takes its name from Nicolas de Harlay, Lord of Sancy, who brought the diamond to France from India where he had been the French ambassador.
Public auction Public auction A public auction is an auction held on behalf of a government in which the property to be auctioned is either property owned by the government, or property which is sold under the authority of a court of law or a government agency with similar authority. When the term "Government Auction" is used it generally means that specific auctioneers and agents are contracted to deal with stock that needs to be liquidated by various government bodies. Government property sold at public auction may include surplus government equipment, abandoned property over which the government has asserted ownership, property which