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Nizam’s great-grandson, Himayat Ali Mirza, said Nizam’s exclusive jewels are among the most elegant collections in the world. He has recently urged the Prime Minister to relocate Nizam’s Jewellery to Hyderabad by establishing a museum in the city. [8] [10] [11] Along with the Nizam’s jewels are two Bari gold coins worth hundreds of crores.
As part of the Nizam's jewellery exhibition in 2001 and 2007, the Jacob Diamond was a major attraction at Salar Jung Museum, Hyderabad. Unlike the famous Koh-i-Noor , the Jacob Diamond has changed hands only twice in the history of its existence and has not been associated with violence.
The Nizam's personal fortune was estimated to be roughly £110 million, including £40 million in gold and jewels (equivalent to £2,690,199,336 in 2023). [109] [110] [111] The Indian government still exhibits the jewellery as the Jewels of the Nizams of Hyderabad (now in Delhi).
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The Golconda diamondiferous region is located in the Southern Indian peninsular shield, [2] which was formed during the process of proterozoic and Insular India. [3] The region is spread over 50,000 km 2 (19,000 sq mi), within the sediments of the Krishna-Pennar river basin and Deccan Traps, [2] and contains 120 out of the 150 kimberlite pipes in India. [4]
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