Hyderabad Stories
No Result
View All Result
SHARE YOUR STORY
Wednesday, March 22, 2023
  • Home
  • About Us
  • People
    • Pioneers
    • Entrepreneurs
    • Bureaucrats
  • Companies
    • Startups
    • Enterprises
  • Go Local
  • Startup Stories
  • Gallery
    • Photo Gallery
    • Video Gallery
  • Contact Us
Hyderabad Stories
  • Home
  • About Us
  • People
    • Pioneers
    • Entrepreneurs
    • Bureaucrats
  • Companies
    • Startups
    • Enterprises
  • Go Local
  • Startup Stories
  • Gallery
    • Photo Gallery
    • Video Gallery
  • Contact Us
SHARE YOUR STORY
No Result
View All Result
Hyderabad Stories
No Result
View All Result
Home Diamonds of Hyderabad

The Tragic Tale behind the Infamous Jacob Diamond of the Nizams

The Jacob Diamond is known for its size and beauty, as it was ranked as the fifth largest diamond in the world after cutting and polishing.

Hyderabad Stories by Hyderabad Stories
February 3, 2023
in Diamonds of Hyderabad
Reading Time: 2 min
133 4
0
The Tragic Tale behind the Infamous Jacob Diamond of the Nizams

The Jacob Diamond was a large, colorless diamond mined in South Africa and considered to be the fifth largest in the world after being cut and polished. It weighed 184.75 carats and had 58 facets. The diamond was named after its first owner, Alexander Malcolm Jacob, an art dealer with connections to British Viceroys and Indian princes, including the Sixth Nizam of Hyderabad, Mir Mahboob Ali Khan.

Jacob, born in Turkey as a Jacobite Christian and raised as a slave, later became a successful trader in precious gemstones and lived in a luxurious house in Shimla. He purchased the diamond in 1891 and sold it to the Nizam, but the latter refused to pay the agreed price, leading to a legal battle. Jacob was forced to accept a reduced price and eventually died a pauper in Mumbai.

The Nizam, after winning the legal battle, tucked the diamond into one of his shoes and forgot about it until it was handed over to his son and successor, Mir Osman Ali Khan, who used it as a paperweight. The Indian government purchased the diamond in 1995 for $3 million and it is now kept in the vaults of the Reserve Bank of India in Mumbai. Despite its greatness, the Jacob Diamond remains a symbol of tragedy for its former owner, who died alone and forgotten.

 

Tags: Diamonds of HyderabadHyderabadJacob Diamondnizam's
Share63Tweet39Share11
Hyderabad Stories

Hyderabad Stories

We are Hyderabad Stories. One Voice! One City! Infinity Stories!

Related Posts

No Content Available
Jayesh Ranjan Jayesh Ranjan
  • Trending
  • Comments
  • Latest
Dodla-Dairy

Dodla Dairy: A healthy affair with milk

March 23, 2019
How can Businesses find the right digital marketing agency among so many?

How can Businesses find the right digital marketing agency among so many?

March 16, 2023
In Hyderabad, Infinity Reach, a digital marketing agency, places great emphasis on promoting inclusion and diversity.

In Hyderabad, Infinity Reach, a digital marketing agency, places great emphasis on promoting inclusion and diversity.

March 16, 2023
Friends Who Helped Turn Each Other’s Dreams into Reality

Friends Who Helped Turn Each Other’s Dreams into Reality

March 11, 2023
Interested in taking a helicopter tour of Hyderabad? Here’s how you can make it happen.

Interested in taking a helicopter tour of Hyderabad? Here’s how you can make it happen.

March 10, 2023

Recent News

How can Businesses find the right digital marketing agency among so many?

How can Businesses find the right digital marketing agency among so many?

March 16, 2023
In Hyderabad, Infinity Reach, a digital marketing agency, places great emphasis on promoting inclusion and diversity.

In Hyderabad, Infinity Reach, a digital marketing agency, places great emphasis on promoting inclusion and diversity.

March 16, 2023
Friends Who Helped Turn Each Other’s Dreams into Reality

Friends Who Helped Turn Each Other’s Dreams into Reality

March 11, 2023
Interested in taking a helicopter tour of Hyderabad? Here’s how you can make it happen.

Interested in taking a helicopter tour of Hyderabad? Here’s how you can make it happen.

March 10, 2023
The goal of this bookstore is to revive the lively reading culture of Hyderabad.

The goal of this bookstore is to revive the lively reading culture of Hyderabad.

March 10, 2023
KTR stated that India could have achieved a GDP of 5 trillion dollars if the other states had performed as well as Telangana.

KTR stated that India could have achieved a GDP of 5 trillion dollars if the other states had performed as well as Telangana.

March 7, 2023

Categories

  • (CII) Telangana State Annual Meeting 2022-23
  • Aerospace
  • Agriculture
  • Art
  • Art & Culture
  • Artificial Intelligence
  • Asian Games
  • Astronomy
  • Automobile
  • Aviation
  • Awards
  • BioAsia
  • BioAsia 2023
  • Business
  • Collection
  • COVID-19
  • Cyber Security
  • Defence
  • Development
  • Diamonds of Hyderabad
  • Digital
  • Digital marketing
  • Diversity Inclusion
  • Economy
  • Education
  • Energy
  • Entertainment
  • entrepreneur
  • Events
  • Exclusives
  • Fashion
  • Festival
  • Finance
  • First drive-in theatre in Hyderabad
  • Food and Beverage
  • GHMC
  • Government
  • Healthcare
  • Heritage
  • Historian
  • Hospitality
  • Hyderabad
  • Hyderabad Black Hawks
  • Hyderabad Public School
  • India
  • India Industrial Exhibition
  • Information Technology
  • Infrastructure
  • IT Principal Secretary
  • Manufacturing
  • Markets
  • Music
  • News
  • Nizam
  • Numaish
  • Pharma
  • Poetry
  • police
  • Pre-Summer
  • Professor
  • Real Estate
  • Research
  • Sania Mirza
  • Science
  • Shilpakala Vedika
  • Social
  • Space
  • Sports
  • Startup Stories
  • Startups
  • SunRisers
  • Sustainable living
  • T-Hub
  • T-Works
  • Tank Bund
  • Tech
  • Tourism
  • Transport
  • TSRTC
  • Uncategorized
  • Updates
  • Urban Forest Parks
  • Waste Management
  • Wells Fargo
  • World

Site Navigation

  • Home
  • Go Local
  • Contact Us
  • Privacy & Policy
  • About Us
Hyderabad Stories

Hyderabad Stories

We LOVE Hyderabad. We unveil untold stories, unsung pioneers, and unrecognized heroes of Hyderabad. Consume the best of the best and experience Hyderabad in its truest form.

Share your Story. Create an Impact. Join the Digital Revolution!

© 2023 Hyderabad Stories
Digital Partner - Infinity Reach
Ouroboros Digital Private Limited

No Result
View All Result
  • Home
  • About Us
  • People
    • Pioneers
    • Entrepreneurs
    • Bureaucrats
  • Companies
    • Startups
    • Enterprises
  • Go Local
  • Startup Stories
  • Gallery
    • Photo Gallery
    • Video Gallery
  • Contact Us

© 2023 Hyderabad Stories
Digital Partner - Infinity Reach
Ouroboros Digital Private Limited

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In