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From a shoe to RBI vault: The journey of the cursed Jacob diamond

  • Posted on August 13, 2026
  • By Business News Today
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  • 1 min read
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From a shoe to RBI vault: The journey of the cursed Jacob diamond
From a shoe to RBI vault: The journey of the cursed Jacob diamond

The 184.75-carat Jacob Diamond is one of the worlds largest polished diamonds and is known for its unusual journey through Hyderabads royal court. Believed to have originated in the Golconda region, it was acquired by jeweller Alexander Malcolm Jacob, who tried to sell it to the sixth Nizam, Mir Mahboob Ali Khan, in 1891.
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